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Georgetown County, SC

RANK #615 / 996  ·  POP 63,594  ·  SC

PROJECTED GROWTH: +0.3%

Georgetown County shows below-average economic momentum. Growth signals are flat or softening.

[01] Why Georgetown County?

Georgetown County, South Carolina, is distinguished by its rich history and abundant natural beauty, particularly around the city of Georgetown, the state's third oldest city. Located on the coast between Myrtle Beach (35 miles north) and Charleston (65 miles south), the county offers a slower pace of life. Its landscape features Atlantic beaches, five rivers converging into Winyah Bay, and extensive marshlands and forests, providing ample opportunities for fishing, kayaking, boating, and golf. The county actively promotes outdoor recreation through initiatives like the Georgetown Outdoor Adventure Trails (GOAT) program and new "GC Calm" spots for mindful nature experiences.

Life in Georgetown County often appeals to those seeking a quieter environment, including many retirees. The Georgetown County School District serves over 8,000 students across 19 schools. Commute options within the county include local bus services provided by Coast RTA, which also connects to Horry County. The local economy is seeing new activity, with recent investments in energy infrastructure projects, including solar farms, and expansions in manufacturing. These developments contribute to job creation and aim to provide long-term economic stability.

[02] Market Snapshot

Housing Ratio
4.8x

Above national median (4.7x)

GDP Growth
+5.2%

Well above national median

Home Prices
-1.7%

Prices declining

Climate & Terrain
1.5

Moderate climate & terrain

Price/Rent
10x

Strong rental yield

Housing is fairly valued at 4.8x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Georgetown County U.S. National

The Numbers

DEMOGRAPHICS
Population
63,594
+0.96% YoY
Median Household Income
$59,782
Median Home Value
$234,600
-1.67% 12mo
Median Rent
$1,046
Average Annual Pay
$50,335
+2.9% YoY
Employment
26,006
+2.2% YoY
Income-to-Home-Value
0.2548
More affordable than average
Migration Inflow
3.18%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$484,500
Days on Market
136
Slower market
Months of Supply
7.6
Buyer's market
Sale-to-List Ratio
96.3%
Negotiation room for buyers
Sold Above List
7.5%
Listings w/ Price Drops
18.4%
Building Permits (2024)
327
Single-Family Permits
327

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$972M
TOTAL
PROJECT AMOUNT STATUS
Plantersville Renewable Energy Center (North & South Solar Farms with Battery Storage)
Sunrise Renewables (Copenhagen Infrastructure Partners)
$363M Proposed
Lambert Solar Farm (Phases 1, 2 & 3)
Silicon Ranch
$260M Under Construction
Kingstree East 230 Solar Project
Undisclosed
$249M Planned
Dual-Fuel Simple-Cycle Combustion Turbines
Santee Cooper
$100M Planned

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +5.2% 84 percentile
Population Growth +1.0% 71 percentile
Income Growth +7.3% 22 percentile
Vacancy Rate 0.3% 99 percentile
Home Price Change -1.7% 17 percentile
Rent Growth +5.5% 84 percentile
Price/Rent 10x 92 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Georgetown County, SC a good place to move to?

Georgetown County has a Boom Town Index score of 38/100, ranking #615 among 996 U.S. counties. With job growth at +2.2% and a median household income of $59,782, it faces some economic headwinds compared to faster-growing counties.

Is Georgetown County affordable?

The median home value in Georgetown County is $234,600 with median rent at $1,046/month. The income-to-home-value ratio is 0.2548, which is more affordable than the national average.

Is Georgetown County growing or shrinking?

Population growth: +1.0% year-over-year. Job growth: +2.2%. Home values changed -1.7% in the past 12 months.

Are people moving to Georgetown County?

Yes — 3.18% of Georgetown County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

McMinn County, TN 48 Montgomery County, VA 48 Bullitt County, KY 48 Cumberland County, NC 48 Licking County, OH 48 Walker County, GA 48 Monroe County, IN 48 Darlington County, SC 48