Is Laurel Bay, South Carolina a Good Place To Live? - Living In Laurel Bay, SC

Is Laurel Bay, South Carolina a good place to live?
Laurel Bay is a city in South Carolina state in USA with a population of 6388 residents.. The poverty rate of Laurel Bay is 7.9%, which is 44% lower than national average. The typical household in Laurel Bay earns $50412 a year, compared to the national median of $67,500. Nearly 49.2% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Laurel Bay, only 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Laurel Bay remained 6.9%, which is 47% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Laurel Bay, only 13% of adults have a bachelor's degree and 47% have some college but no degree.

Cost of living in Laurel Bay is 99, which is 1% lower than national average. Median home value in Laurel Bay is $164500 , which is 28% lower than national average. While median income in Laurel Bay remained $50412, which is 25% lower than national average.
Population
6388
Unemployment
6.9%
47% NAT AVG.
Poverty
7.9%
44% NAT AVG.
Overall Score
6
Median Home Cost
$164500
28% NAT AVG.
Median Income
$50412
25% NAT AVG.
Median Rent
$1153
1% NAT AVG.
Cost Of Living
99
1% NAT AVG.
People Living BPL
1 in 13
Unemployed People
1 in 14
People Earning < $10,000
1 in 26
People Earning < $50,000
49.2%
People with <= High School
1 in 2.5
People With Any Degree
1 in 4.8
Pros & Cons Overview

Jobs60%

Housing80%

Affordability50%

Safety80%

Amenities80%

Diversity95%

Education50%

Commute80%