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Myrtle Beach DMA ranked as 2nd best retirement area in S.C.

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David Huckshttps://myrtlebeachsc.com
David Hucks is a 12th generation descendant of the area we now call Myrtle Beach, S.C. David attended Coastal Carolina University and like most of his family, has never left the area. David is the lead journalist at MyrtleBeachSC.com

Home Bay rates the (Grand Strand), Myrtle Beach DMA as the second best place to retire in S.C.

Greenville, S.C. topped the list. Myrtle Beach, surprisingly, scored above Hilton Head and Charleston, coming in at number 2.

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Developments in communities including Carolina Forest and Longs make Horry County the fastest growing county in S.C. Horry County continues to grow at 24% annually.

These developments are popular among retired Americans.

The Best Places to Retire in South Carolina

RankCity% of Population 60+Recreation Score (Out of 100)*Home Value Increase (10 yrs.)Property Tax RateQuality Hospitals Per 100K Residents**Avg. Star Rating of Retirement Communities
National Average21%116%1.20%0.53.1
#1Greenville23%80.4107%0.62%1.23.2
#2Myrtle Beach35%86.3104%0.44%0.61.5
#3Hilton Head Island33%99.997%0.54%0.43.2
#4Charleston21%100122%0.54%0.23.8
#5Columbia21%75.772%0.69%0.42.7

1. Greenville

Best Overall
πŸ§‘β€πŸ€β€πŸ§‘Total Population932,705
πŸ‘΅ 60+ Population23%
🏑 Typical Single Family Home Value$303,696
πŸ“ˆ Home Value Increase (10 Years)107%
πŸ’° Property Taxes0.62%
⭐ Avg. Star Rating of Retirement Communities3.24
πŸ₯ Quality In-Network Medicare Hospitals Per 100K Residents*11
πŸŽ‰ Recreation Score (Out of 100)80.4
πŸ‘Ÿ Walkability Score43
*Includes hospitals with 4- and 5-star ratings

Greenville is a solid all-around choice for retirees, but its art scene absolutely shines, with a major performing arts center, the most music venues per capita on our list, and tons of museums and shops downtown.

The city also boasts the highest number of high quality, in-network Medicare hospitals (11) on this list and also has the highest number of hospitals per 100K residents. That means Greenville retirees don’t have to worry about access to high quality health care.

Greenville is tied for best walkability score with Myrtle Beach, and it offers great affordability. It has the second-lowest average home value on this list, along with the lowest average cost for a meal for two ($59).

With great affordability, excellent health care, and plenty to do, it’s no wonder Greenville topped our list of best places to retire in South Carolina!

2. Myrtle Beach

Best For: Large Retiree Community
πŸ§‘β€πŸ€β€πŸ§‘Total Population354,000
πŸ‘΅ 60+ Population35%
🏑 Typical Single Family Home Value$371,031
πŸ“ˆ Home Value Increase (10 Years)104%
πŸ’° Property Taxes0.44%
⭐ Avg. Star Rating of Retirement Communities1.50
πŸ₯ Quality In-Network Medicare Hospitals Per 100K Residents*3
πŸŽ‰ Recreation Score (Out of 100)86.3
πŸ‘Ÿ Walkability Score43
*Includes hospitals with 4- and 5-star ratings

Myrtle Beach is known as a tourist destination town. However, Horry County now boasts a population of over 350,000 residents. The local population now exceeds the number of tourists arriving in the county on any given weekend, excluding Holiday weekends.

Horry County has the highest percentage of residents 60+ years old of any area on this list. One in three Horry County residents are retirees. According to Home Bay, 122,500 retirees currently live in Horry County. That number is expected to double in ten years.

The Grand Strand also has the lowest average summer temp on this list, at a cool 78.2 degrees Fahrenheit.

Property values in Myrtle Beach are cheaper than those in Charleston and Hilton Head. The Grand Strand is among the most affordable beach towns to retire to in America.

Property taxes in the City of Myrtle Beach are offset by a tourist tax that pass a good portion of those real estate taxes onto tourists through a penny sales tax. Public transportation in Horry County is also cheap, but seldom used.

The quality of cookie cutter retirement homes in Horry County are rated lower than every other area on this list. The quality of constructed homes built by nationally known builders including Lennar Homes, Beverly Homes, D.R. Horton, etc rate at only 1.5 stars.

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