Folly Beach, SC
Population 958 · South Carolina
About Folly Beach, SC
Folly Beach is a small community in South Carolina with a population of 958 residents. The median household income is $97,813 per year, which is above the national average. The median age in Folly Beach is 62.7 years.
Housing in Folly Beach has a median home value of $951,200 and median monthly rent of $1,930. Of the 2,066 total housing units, the majority are owner-occupied, with 461 owner-occupied and 43 renter-occupied units.
The unemployment rate in Folly Beach is 3.4% and the poverty rate is 8.8%. 60.5% of residents hold a bachelor's degree or higher. The average commute time is 28.5 minutes.
How Folly Beach Ranks in South Carolina
Cost of Living in Folly Beach, SC
Compared to national averages, Folly Beach has a median household income of $97,813 (30% above the national median of $75,149). Home values average $951,200, which is 288% above the national median. Monthly rent at $1,930 is 66% above the US average of $1,163. Within South Carolina, Folly Beach's income is 67% above the state average of $58,738, and home values are 370% above the state median of $202,187.
Why Live in Folly Beach, SC?
Folly Beach offers a strong local economy with a median household income of $97,813, well above the national average, and a strong job market with an unemployment rate of just 3.4%, and a well-educated community where 60.5% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 8.8%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $951,200. However, Folly Beach’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Folly Beach has a population of 958 with a median age of 62.7 years. Compare Folly Beach with other cities to see how it stacks up, or explore all cities in South Carolina.
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Cities in South Carolina with a similar population size.
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Other Cities in South Carolina
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Folly Beach
What is the population of Folly Beach, SC?
The population of Folly Beach, SC is 958 according to the latest Census data.
What is the median household income in Folly Beach?
The median household income in Folly Beach, SC is $97,813 per year.
What is the median home value in Folly Beach?
The median home value in Folly Beach, SC is $951,200.
What is the average rent in Folly Beach?
The median monthly rent in Folly Beach, SC is $1,930.
What is the unemployment rate in Folly Beach?
The unemployment rate in Folly Beach, SC is 3.4%.