Cost Of Living
Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.
Housing
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Health & Safety
Accessible health facilities like hospitals, doctors offices, clinics and nursing homes as well as good air quality are all factors that have led to a high score in this category.
Ratings
According to recent surveys and polls, locals had excellent ratings for walkability to nearby amenities, safety, access to public transit and the overall sense of community in the area.
Amenities
The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.
Commute
Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.
Crime
Reporting high crime rates per 100,000 people, this area may be perceived as an unsafe place to reside. These statistics encompass both violent and property crime rates.
Schools
The low schools score might be a result of factors like lower than average education levels, lackluster reading and math scores and the inaccessibility of local elementary and high schools.
Socastee, South Carolina is a moderately-sized city with a population of 25,846 people. If we look at the most recent Census, Socastee is known to have a predominantly White population. The next two most common races are Black and Asian. If you prefer shorter commutes, living in Socastee will be a delight. With an average one-way commute time of just 21 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.
Living in Socastee can be a great experience for anyone moving to the city. Having said that, in the state of South Carolina, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Using the livability score which includes data from categories like amenities, commute, education, employment, housing, you can easily compare the best places to live in Socastee and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Socastee to South Carolina and the national average.
Using data and statistics Socastee has received a livability score of 64 out of 100. This score is ranked in the 59th percentile when compared to all other cities. If we consider each of the categories individually, we see that Socastee ranks well for cost of living (B) and housing (B+). There are some categories that Socastee ranks poorly for, including: amenities (F), crime (F), education (F) and employment (D-). It might be worth taking a closer look to determine why.
Finding affordable real estate and housing in Socastee can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Socastee real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Socastee. Median real estate prices in Socastee come in at $170,200, which is 18.5% higher than the South Carolina average. The home price to income ratio compares the median home prices to the median household income. In Socastee, the home price to income ratio is 3.6, which is 16.1% higher than the South Carolina average.
| Statistic | Socastee | South Carolina | National |
| Average one way commute | 21min | 24min | 26min |
| Workers who drive to work | 81.5% | 82.8% | 76.4% |
| Workers who carpool | 11.6% | 9.3% | 9.3% |
| Workers who take public transit | 0.3% | 0.6% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 1.6% | 2.2% | 2.8% |
| Working from home | 4.2% | 3.6% | 4.6% |
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