Wealthiest Towns in South Carolina

8 Wealthiest Towns in South Carolina

South Carolina is home to some of the richest people in America including billionaires Anita Zucker and Robert Faith. Here is a list of the 8 richest towns in South Carolina. The information presented in this article is based on data from the US Census American Community Survey and Forbes. The rankings are based on median household income.

Wealthiest Towns in South Carolina
Wealthiest Towns in South Carolina

1. Kiawah Island, SC

Kiawah Island is the wealthiest town in South Carolina. Kiawah Island is a luxury beach town in South Carolina where residents enjoy resort living and breathtaking views of the Atlantic Ocean.  It is located in South Carolina’s Charleston county, just 25 miles from downtown Charleston. Kiawah Island residents are wealthy with a median household income of $216,750. The poverty rate of Kiawah Island is very low at 3.3% (compare this to the 14.6% poverty rate in the state of South Carolina).

Home values in Kiawah Island are high with a median home value of $1,442,000. Most of the homes in Kiawah Island are primarily owner-occupied with only 1.4% rentals and 98.6% owner-occupied. 

Kiawah Island has a population of 2,013. Its affluent residents are well educated with 87.4% of residents graduating with a bachelor’s degree or higher. Over half of Kiawah Island residents are senior citizens over 65 years old (58%). The average commute to work for Kiawah Island’s residents is 33.5 minutes.

Median Household Income$216,750
Bachelor’s Degree or Higher87.4%
Median Home Value$1,442,000
Kiawah Island, SC Profile

2. Sullivan’s Island, SC

Sullivan’s Island is one of the wealthiest towns in South Carolina. Sullivan’s Island is an affluent beach town where residents enjoy stunning sunsets and the conveniences of being a few miles from downtown Charleston. It is located in South Carolina’s Charleston county. Sullivan’s Island residents are wealthy with a median household income of $157,743. 

Buying property in Sullivan’s Island is really expensive with an average median home value of $3,937,500 for homes sold in 2022 (source: Redfin). Most of the homes in Sullivan’s Island are primarily owner-occupied with only 17.3% rentals and 82.7% owner-occupied. 

Sullivan’s Island has a small population of 1,891. Its affluent residents are well educated with 84.% of residents graduating with a bachelor’s degree or higher. The average commute to work for Sullivan’s Island’s residents is 19.9 minutes.

Median Household Income$157,743
Bachelor’s Degree or Higher84%
Median Home Value$3,937,500
Sullivan’s Island, SC Profile

3. Briarcliffe Acres, SC

Briarcliffe Acres is one of the wealthiest towns in South Carolina. It is an exclusive enclave with a private beach that is near the shops and restaurants of Myrtle Beach. It is located in South Carolina’s Horry county. Briarcliffe Acres residents are wealthy with a median household income of $137,750. The poverty rate of Briarcliffe Acres is 8.6%.

The median home value in Briarcliffe Acres is $659,700. Most of the homes in Briarcliffe Acres are primarily owner-occupied with only 6.5% rentals and 93.5% owner-occupied. 

Briarcliffe Acres is a small residential community with a population of only 479. Its affluent residents are well educated with 59.9% of residents graduating with a bachelor’s degree or higher. Almost half of the residents at Briarcliffe Acres are senior citizens over 65 years old (41%). The average commute to work for Briarcliffe Acres’s residents is 23.6 minutes.

Median Household Income$137,750
Bachelor’s Degree or Higher59.9%
Median Home Value$659,700
Briarcliffe Acres, SC Profile

4. Isle of Palms, SC

Isle of Palms is one of the wealthiest towns in South Carolina. Isles of Palms is an affluent beach town in South Carolina where residents enjoy a resort lifestyle while still within minutes of downtown Charleston. It is located in South Carolina’s Charleston county. Isle of Palms residents are wealthy with a median household income of $134,917. The poverty rate of Isle of Palms is low at 2.5%.

Home values in Isle of Palms are high with a median home value of $883,200. Most of the homes in Isle of Palms are primarily owner-occupied with 12.4% rentals and 87.6% owner-occupied. 

Isle of Palms has a population of 4,347. Its affluent residents are well educated with 74.2% of residents graduating with a bachelor’s degree or higher. The average commute to work for Isle of Palms’s residents is 27.9 minutes.

Median Household Income$134,917
Bachelor’s Degree or Higher74.2%
Median Home Value$883,200
Isle of Palms, SC Profile

5. Tega Cay, SC

Tega Cay is one of the wealthiest towns in South Carolina. Tega Cay is an affluent residential community located in South Carolina’s York county. Tega Cay residents enjoy lakeside living and the conveniences of being just a few minutes away from downtown Charlotte. South Carolina residents are well-to-do with a median household income of $130,571. The poverty rate of Tega Cay is very low at 0.5%.

The median home value in Tega Cay is $394,500. Most of the homes in Tega Cay are primarily owner-occupied with only 15.2% rentals and 84.8% owner-occupied. 

Tega Cay has a population of 12,832. Its affluent residents are well educated with 65.9% of residents graduating with a bachelor’s degree or higher. Lots of families with children live in Tega Cay with 27% of Tega Cay residents under 18 years old. The average commute to work for Tega Cay residents is 31.2 minutes.

Median Household Income$130,571
Bachelor’s Degree or Higher65.9%
Median Home Value$394,500
Tega Cay, SC Profile

6. Fort Mill, SC

Fort Mill is one of the wealthiest towns in South Carolina. Fort Mill is a suburb of Charlotte, SC with top-rated schools, a vibrant main street, and beautiful parks. It is located in South Carolina’s York county. Fort Mill town, South Carolina residents are affluent with a median household income of $120,665. The poverty rate of Fort Mill is low at 3.6%.

The median home value in Fort Mill is $340,500. Most of the homes in Fort Mill are primarily owner-occupied with only 14.8% rentals and 85.2% owner-occupied. 

Fort Mill has a population of 24,521. Its affluent residents are well educated with 54.8% of residents graduating with a bachelor’s degree or higher. Lots of families with children live in Fort Mill with 31% of Fort Mill residents under 18 years old. The average commute to work for Fort Mill residents is 26.9 minutes.

Median Household Income$120,665
Bachelor’s Degree or Higher54.8%
Median Home Value$340,500
Fort Mill, SC Profile

7. Seabrook Island, SC

Seabrook Island is one of the wealthiest towns in South Carolina. Seabrook Island is an affluent beach town in South Carolina where residents live a resort lifestyle while still within 30 minutes of downtown Charleston. It is located in South Carolina’s Charleston county. Seabrook Island residents are well-off with a median household income of $106,875. The poverty rate of Seabrook Island is only 6.5%.

The median home value on Seabrook Island is $660,900. Most of the homes on Seabrook Island are primarily owner-occupied with only 6.3% rentals and 93.7% owner-occupied. 

Seabrook Island has a population of 2,050. Its affluent residents are well educated with 80% of residents graduating with a bachelor’s degree or higher. Most of the residents at Seabrook Island are senior citizens aged 65 years old and older (59%). The average commute to work for Seabrook Island’s residents is 26.8 minutes.

Median Household Income$106,875
Bachelor’s Degree or Higher80%
Median Home Value$660,900
Seabrook Island, SC Profile

8. Mount Pleasant, SC

Mount Pleasant is one of the wealthiest towns in South Carolina. Mount Pleasant is an affluent suburb of Charleston with a charming downtown, waterfront lifestyle, a vibrant food scene and is within minutes of downtown Charleston (in fact you can walk or bike the 2.5-mile pedestrian bridge to Charleston!) It is located in South Carolina’s Charleston county. Mount Pleasant town, South Carolina residents are well-to-do with a median household income of $106,216. The poverty rate in Mount Pleasant is 5.6%.

The median home value in Mount Pleasant is $499,600. Most of the homes in Mount Pleasant are primarily owner-occupied with only 27.7% rentals and 72.3% owner-occupied. 

Mount Pleasant has a population of 90,801. Its affluent residents are well educated with 65.3% of residents graduating with a bachelor’s degree or higher. Lots of families with children live in Mount Pleasant with 23% of Mount Pleasant residents under 18 years old. The average commute to work for Mount Pleasant residents is 24.6 minutes.

Median Household Income$106,216
Bachelor’s Degree or Higher65.3%
Median Home Value$499,600
Mount Pleasant, SC Profile

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