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Living In Isle of Palms, SC
Isle of Palms, a small town in South Carolina, has a population of just over 4,000. Retirees can expect to feel right at home, as they make up 30% of the population compared to 14% nationally, while young adults feature less prominently in the demographics. Overall, the town's residents, at an average age of just over 49, are notably older than most cities in South Carolina. Just 20% of residents rent in Isle of Palms, as home ownership is common in the town. Relatively high rent costs may be a contributing factor, as the average rent of $1,782 a month is substantially higher than the state average of $907.
Isle of Palms residents have an average commute of about 28 minutes. Driving is the most common way to get to work, chosen by 34% of commuters, while public transportation is not used much. Not many commuters walk to work.
Many Isle of Palms residents work in one of three industries: retail, scientific, and healthcare. Combined, these industries account for 15% of the town's workforce. Meanwhile, looking at job function, many of the town's residents work in management, as 8% of the town's population reports this as their field of work, the highest number of any field. Isle of Palms workers bring in an average annual income of around $113,000, fifth-highest in South Carolina. The town's average income also compares favorably to the national average ($73,345). Isle of Palms has a high number of residents older than 25 with advanced degrees compared to the national average (7%), as 16% possess a Master's degree or a Doctorate. Additionally, 36% have earned a Bachelor's degree, which also outpaces the national average.
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