Electricity rates in Myrtle Beach, South Carolina
Myrtle Beach, SC ranks 1 of 16 South Carolina cities for renters paying 30% or more of income on rent (67.1%). Myrtle Beach, South Carolina has 37,214 residents in 17,250 households; 82.6% heat with electricity.
Myrtle Beach on the map
Horry County, with Myrtle Beach marked
Who lives in Myrtle Beach: income, cars, homes
In Myrtle Beach, SC, 4,168 of 6,215 renter households pay 30% or more of income in rent; 7,808 households moved in since 2018 and 1,760 before 2000, so electric accounts turn over quickly. Myrtle Beach, SC homes: 12,044 have 3+ bedrooms, 4,001 none or one, median 4.7 rooms. In Myrtle Beach, SC, 5,704 of 17,250 households earn under $35,000, 5,277 $35,000-$75,000, 3,724 $75,000-$150,000 and 2,545 $150,000 or more. 6,258 residents of Myrtle Beach, SC live below the poverty line, and the median age is 47.0. In Myrtle Beach, SC, 1,597 households own no vehicle and 8,260 own two or more; home EV charging depends on that. Of 17,673 workers in Myrtle Beach, SC, 2,213 work from home, 12,814 drive alone, 420 ride transit and 440 walk.
Household income in Myrtle Beach, SC
| Myrtle Beach, SC | Value | Rank in South Carolina |
|---|---|---|
| Myrtle Beach, SC, households under $35,000 | 33.1% | 4 of 16 |
| Myrtle Beach, SC, households $150,000 or more | 14.8% | 11 of 16 |
| Myrtle Beach, SC, residents below poverty | 16.9% | 4 of 16 |
| Myrtle Beach, SC, median age | 47.0 | 2 of 16 |
| Myrtle Beach, SC, homes with 3+ bedrooms | 49.2% | 15 of 16 |
| Myrtle Beach, SC, households without a vehicle | 9.3% | 4 of 16 |
| Myrtle Beach, SC, households with 2+ vehicles | 47.9% | 13 of 16 |
| Myrtle Beach, SC, workers at home | 12.5% | 7 of 16 |
| Myrtle Beach, SC, cost-burdened renters | 67.1% | 1 of 16 |
| Myrtle Beach, SC, moved in since 2018 | 45.3% | 6 of 16 |
| Myrtle Beach, SC, moved in before 2000 | 10.2% | 13 of 16 |
Who supplies Myrtle Beach
Horry County lists 3 utilities for Myrtle Beach, SC (37,214 residents): homes pay 11.38 to 14.88 cents per kWh, about $120 to $156 a month at 1,050 kWh, 2.7% to 3.5% of the $53,679 Myrtle Beach median income. Horry County page.
Facts about Myrtle Beach
- Residents of Myrtle Beach, SC, ACS 2023
- 37,21414 of 16 South Carolina cities with 30,000+
- Median household income in Myrtle Beach, SC
- $53,67914 of 16 of those cities
- Households in Myrtle Beach, SC
- 17,2502.16 people each
- Owner-occupied homes in Myrtle Beach, SC
- 61.3%10,569 owners and 6,681 renter households
- Housing units in Myrtle Beach, SC
- 24,4677,217 vacant or seasonal
- Homes heated by electricity in Myrtle Beach, SC
- 82.6%14,250 of 17,250 homes
- Land area of Myrtle Beach, SC
- 23.4 sq mi1,589.5 people per sq mi
- Bill as share of income in Myrtle Beach, SC
- 2.7% to 3.5%at 1,050 kWh a month over the $53,679 median household income
- Wind and tornado reports within 15 miles of Myrtle Beach, SC
- 72NWS point reports 2015 to 2025, 193.5 per 100,000 residents
- Median year homes were built in Myrtle Beach, SC
- 19926,829 of 24,467 homes (27.9%) before 1980
- Median home value and rent in Myrtle Beach, SC
- $347,700$1,132 gross rent a month, 3.91% of value a year
Housing and heating in Myrtle Beach
Myrtle Beach, SC: 6,829 of 24,467 homes were built before 1980 and 9,538 in 2000 or later. Myrtle Beach, SC has 9,345 detached houses, 9,682 homes in 5+ unit buildings and 1,406 mobile homes.
Age of homes in Myrtle Beach, SC
% of homes by decade built, Myrtle Beach, SC
- 1pre-40
- 140s
- 750s
- 760s
- 1270s
- 2080s
- 1390s
- 1500s
- 2010s
- 320+
Heating fuel in Myrtle Beach, SC
| Myrtle Beach, SC | Value | County | Gap | Rank |
|---|---|---|---|---|
| Myrtle Beach, SC, median year built | 1992 | 1998 | -6 years | 9 of 16 |
| Myrtle Beach, SC, built before 1980 | 27.9% | 16.9% | +11.0 points | 10 of 16 |
| Myrtle Beach, SC, built 2000 or later | 39.0% | 46.0% | -7.0 points | 9 of 16 |
| Myrtle Beach, SC, detached houses | 38.2% | 52.1% | -13.9 points | 16 of 16 |
| Myrtle Beach, SC, apartments in 5+ unit buildings | 39.6% | 26.2% | +13.4 points | 2 of 16 |
| Myrtle Beach, SC, mobile homes | 5.7% | 13.2% | -7.5 points | 2 of 16 |
| Myrtle Beach, SC, renter households | 38.7% | 24.2% | +14.6 points | 9 of 16 |
| Myrtle Beach, SC, median home value | $347,700 | $260,500 | +$87,200 | 6 of 16 |
| Myrtle Beach, SC, median gross rent a month | $1,132 | $1,181 | -$49 | 13 of 16 |
| Myrtle Beach, SC, people per household | 2.15 | 2.41 | -0.26 | 14 of 16 |
Cost of living with electricity in Myrtle Beach
Myrtle Beach, SC: 17,250 households at $1,551 a year per home for electricity (Horry County average, DOE LEAD) come to about $26.8 million, an estimate; all home energy is $1,685 a year per household.
| Group in Myrtle Beach, SC | Households | Power per home | Power bill of the group | Share of Myrtle Beach, SC median income |
|---|---|---|---|---|
| Myrtle Beach, SC, all households | 17,250 | $1,551 | $26.8 million | 2.89% |
| Myrtle Beach, SC, homeowners | 10,569 | $1,627 | $17.2 million | 3.03% |
| Myrtle Beach, SC, renters | 6,681 | $1,321 | $8.8 million | 2.46% |
Outage risk around Myrtle Beach
Myrtle Beach, SC, NWS reports within 15 miles of the centre, 2015 to 2025: 62 wind and 10 tornado, 193.5 per 100,000 residents of 37,214. Top gust near Myrtle Beach, SC: 64 knots, 74 mph. Damage near Myrtle Beach, SC: $520K.
Reports within 15 miles of Myrtle Beach, SC
wind and tornado reports, Myrtle Beach, SC
- 0'15
- 6'16
- 4'17
- 9'18
- 6'19
- 10'20
- 2'21
- 3'22
- 9'23
- 4'24
- 19'25
| Myrtle Beach, SC | Wind | Tornado | Total |
|---|---|---|---|
| Myrtle Beach, SC, 2016 | 6 | 0 | 6 |
| Myrtle Beach, SC, 2017 | 3 | 1 | 4 |
| Myrtle Beach, SC, 2018 | 6 | 3 | 9 |
| Myrtle Beach, SC, 2019 | 4 | 2 | 6 |
| Myrtle Beach, SC, 2020 | 7 | 3 | 10 |
| Myrtle Beach, SC, 2021 | 2 | 0 | 2 |
| Myrtle Beach, SC, 2022 | 3 | 0 | 3 |
| Myrtle Beach, SC, 2023 | 8 | 1 | 9 |
| Myrtle Beach, SC, 2024 | 4 | 0 | 4 |
| Myrtle Beach, SC, 2025 | 19 | 0 | 19 |
Analyst note on Myrtle Beach
Household income in Myrtle Beach, SC is $53,679; 10,569 of its 17,250 households own. 14,250 of the 17,250 occupied homes in Myrtle Beach, SC heat with electricity. Myrtle Beach, SC counts 37,214 residents in 17,250 households, on 23.4 square miles.
Myrtle Beach, SC has 24,467 housing units, 7,217 of them vacant or seasonal. Myrtle Beach, SC ranks 2 of 16 South Carolina cities for homes in buildings of 5+ units (40%). Myrtle Beach, SC ranks 2 of 16 South Carolina cities for the share of mobile homes (6%).
Myrtle Beach, SC ranks 2 of 16 South Carolina cities for the share of homes heated by electricity (83%).
Bill and heat pump calculator, Myrtle Beach
Compare Myrtle Beach with nearby cities
| City near Myrtle Beach, SC | Distance from Myrtle Beach | Residents | Median income | Median year built | Median home value | Storm reports within 15 miles | Work from home |
|---|---|---|---|---|---|---|---|
| Myrtle Beach, SC (this page) | 0 mi | 37,214 | $53,679 | 1992 | $347,700 | 72 | 12.5% |
| Florence, SC | 61.2 mi northwest | 40,205 (+2,991) | $56,433 (+$2,754) | 1982 (-10 yr) | $189,800 (-$157,900) | 138 (+66) | 10.1% (-2.4 pts) |
| Goose Creek, SC | 81.4 mi southwest | 46,964 (+9,750) | $87,437 (+$33,758) | 2001 (+9 yr) | $279,500 (-$68,200) | 275 (+203) | 11.8% (-0.8 pts) |
| Mount Pleasant, SC | 84.2 mi southwest | 92,662 (+55,448) | $121,364 (+$67,685) | 2000 (+8 yr) | $667,100 (+$319,400) | 218 (+146) | 23.2% (+10.6 pts) |
| North Charleston, SC | 87.4 mi southwest | 117,460 (+80,246) | $62,789 (+$9,110) | 1995 (+3 yr) | $267,700 (-$80,000) | 312 (+240) | 8.4% (-4.1 pts) |
| Charleston, SC | 87.5 mi southwest | 152,014 (+114,800) | $90,038 (+$36,359) | 1994 (+2 yr) | $469,100 (+$121,400) | 275 (+203) | 17.6% (+5.1 pts) |
ZIP codes in Myrtle Beach
| ZIP area touching Myrtle Beach, SC | Share of the ZIP's land inside Myrtle Beach | Share of Myrtle Beach's land in the ZIP |
|---|---|---|
| 29577 (Myrtle Beach, SC) | 78.4% | 76.2% |
| 29572 (Myrtle Beach, SC) | 44.8% | 16.9% |
| 29579 (Myrtle Beach, SC) | 2.9% | 6.6% |
Census 2020 ZCTA to place land-area overlap. Look up any ZIP.
South Carolina: home prices since 2001, planned plants.
Questions on Myrtle Beach
Myrtle Beach: what is the electricity rate?
Myrtle Beach, SC has no price of its own; its 37,214 residents are served by one of 3 utilities, and a 1,050 kWh month costs $120 to $156.
Myrtle Beach: how does it rank among South Carolina cities?
Myrtle Beach, SC: rank 14 of 16 by its 37,214 residents, rank 14 of 16 by $53,679 median income.
Myrtle Beach: how many homes heat with electricity?
Myrtle Beach, SC: 14,250 of 17,250 occupied homes, 82.6%; Horry County 87.7%.
Myrtle Beach: how much income goes to electricity?
At 1,050 kWh a month, 2.7% to 3.5% of the $53,679 median income in Myrtle Beach, SC.
Myrtle Beach: damaging storms reported nearby?
72 NWS wind and tornado reports within 15 miles of the centre of Myrtle Beach, SC, 2015 to 2025, 193.5 per 100,000 residents.
How old are the homes in Myrtle Beach?
Myrtle Beach, SC: median home built 1992; 6,829 of 24,467 homes (27.9%) predate 1980, 9,345 are detached and 9,682 sit in buildings of 5+ units.
How many Myrtle Beach, SC renters struggle with rent?
4,168 of 6,215 renter households pay 30% or more of income in rent.
How big are the homes in Myrtle Beach, SC?
12,044 of 24,467 homes have 3+ bedrooms; median 4.7 rooms.
How many households in Myrtle Beach, SC earn under $35,000?
5,704 of 17,250, against 2,545 at $150,000 or more.