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Murrells Inlet

Learn about the people, housing, costs and businesses in Murrells Inlet, South Carolina

Median Home$418,179
Median Rent$1,509/month
Population10,040
Leading IndustriesHealthcare · Education · Arts, Food & Hospitality20% healthcare
Home Value Growth⬆⬆⬆+45.2% over 2 years
Retirees37% of residentstop 2% nationally
Homeowners87% of occupied units
NotableVeteran Community14% of residents · top 3% nationally
NotableAmenity Score81/100 · highly walkable area
Murrells Inlet
SC

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Murrells Inlet?

As of today, the 30-year fixed mortgage rate for Murrells Inlet is approximately 6.863% (6.898% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Murrells Inlet?

The median home value in Murrells Inlet is $418k. The median monthly rent is $1,509. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Murrells Inlet?

Home values in Murrells Inlet have increased 45.2% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Murrells Inlet?

Based on a typical all-in ownership cost of $1,301/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $56k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Murrells Inlet is $86k/year.

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What industries drive the economy in Murrells Inlet?

The largest employment sectors in Murrells Inlet are public administration (28%) and healthcare (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.