Census Tract 506, Myrtle Beach, South Carolina

Census Tract 506 is a Low-Income Community Opportunity Zone located in Myrtle Beach, South Carolina .

This 2.3 square mile census tract has a population of approximately 5,300 and is one of 6 Opportunity Zones in Horry County .

The adjacent map shows the location of this Opportunity Zone in South Carolina.

Opportunity Zone Map

Map created by OpportunityZones.com

Census Tract 506 Demographics

The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:

Median Household Income

$27K

This Opportunity Zone has a median household income of approximately $27,000 , which is 52% lower than the median household income for the state of South Carolina of $56,000 .

Poverty Rate

34%

The percentage of households below the poverty line in this Opportunity Zone is 34% , which is 20% higher than the rate for the state of South Carolina of 14% .

Median Home Value

$106K

This Opportunity Zone has a median home value of approximately $110,000 , which is 39% lower than the median home value for the state of South Carolina of $180,000 .

Education

86%

This Opportunity Zone has a percentage of population with high school diploma of approximately 86% , which is 2% lower than the rate for the state of South Carolina of 88% .

Median Age

30

This Opportunity Zone has a median age of approximately 30 , which is 25% lower than the median age for the state of South Carolina of 40 .

South Carolina OZ Funds

To view South Carolina Opportunity Zone funds, please visit our list of Qualified Opportunity Funds that are open to investors.

Similar Opportunity Zones

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