HomeSouth CarolinaGeorgetown County
Georgetown County, South Carolina: commercial real estate data.
Georgetown County, South Carolina has a population of 64,811 across 814 square miles, up 4.2 percent since the 2020 census base. County output reached $4.02 bn in 2024, 2,038 establishments operate here, and the SBA record carries 41 7(a) approvals worth $21.2 m.
119 sourced county values · tier FULL · 11 sections
Georgetown County
How many people live in Georgetown County
- Population64,811
- Households27,129
- Average household size2.39
- Median household income$68,713
- Median age52.2
- Median gross rent$1,204 per month
- Median owner-occupied home value$289,500
- Home value to household income4.2 times
- Annual rent as a share of median income21.0 percent
- Adults 25 and over with a bachelor degree or higher32.8 percent
- Adults 25 and over with a graduate degree11.6 percent
- Adults 25 and over49,072
- Population under 1810,994
- Share under 1817.0 percent
- Population 65 and over19,903
- Share 65 and over30.7 percent
- Working age population, 18 to 6433,914
- Civilian labor force27,913
- Unemployment rate4.4 percent
- Labor force participation, adults 18 and over51.9 percent
- Rank by population among South Carolina counties22nd of 46
- Rank by population among US county-equivalents852nd
Georgetown County is the 22nd largest of 46 South Carolina counties by population. A median home costs 4.2 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 30.7 percent against 17.0 percent, which points demand at health care, services and single storey product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Georgetown County
Is Georgetown County growing
- Population change since the 2020 census base4.15 percent
- Census 2020 base population63,406
- Births, 2024473
- Deaths, 20241,065
- Natural change, 2024-592
- Net domestic migration, 2024695
- Net international migration, 2024119
- Total net migration, 2024814
- Cumulative net domestic migration, 2021 to 20244,465
- Rank by growth among US county-equivalents663rd
The county has grown 4.15 percent since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Georgetown County
Where people moving to Georgetown County come from
- Tax returns filed by households arriving2,394
- People arriving, from those returns4,319
- Adjusted gross income arriving$259.9 m
- Net adjusted gross income movement$0
- Average income of an arriving household$108,554
- Largest single originGeorgetown County Non-migrants (25,018 households)
- Largest single destination (25,018 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Georgetown County Non-migrants | 25,018 | 47,843 | $2.35 bn |
| Other flows - Different State | 1,298 | 2,342 | $171.7 m |
| Other flows - South | 619 | 1,131 | $84.6 m |
| Horry County | 472 | 815 | $34.4 m |
| Other flows - Northeast | 454 | 790 | $59.6 m |
| Other flows - Same State | 153 | 281 | $11.3 m |
| Other flows - West | 118 | 219 | $13.2 m |
| Other flows - Midwest | 107 | 202 | $14.4 m |
The largest single source of arrivals is Georgetown County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Georgetown County
What the Georgetown County economy runs on
- County GDP, 2024$4.02 bn
- County GDP, 2023$3.73 bn
- GDP change, 2023 to 20247.7 percent
- GDP change over five years46.1 percent
- Rank by GDP among South Carolina counties19th
- Rank by GDP among US county-equivalents804th
- GDP per resident$61,964
Output grew 7.7 percent in the latest year and 46.1 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Georgetown County
Who employs people in Georgetown County
- Covered employment, annual average26,006
- Establishments reporting2,442
- Average annual pay$50,335
- Average weekly wage$968
- Sector 72, employment4,344
- Sector 72, average annual pay$25,720
- Sector 44-45, employment3,047
- Sector 44-45, average annual pay$33,893
- Sector 62, employment3,041
- Sector 62, average annual pay$55,451
- Sector 31-33, employment2,447
- Sector 31-33, average annual pay$82,769
- Sector 71, employment1,385
- Sector 23, employment1,349
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 72 | 4,344 | 204 | $25,720 |
| Sector 44-45 | 3,047 | 322 | $33,893 |
| Sector 62 | 3,041 | 291 | $55,451 |
| Sector 31-33 | 2,447 | 89 | $82,769 |
| Sector 71 | 1,385 | 56 | $26,181 |
| Sector 23 | 1,349 | 232 | $61,512 |
| Sector 56 | 1,284 | 134 | $43,423 |
| Sector 52 | 1,273 | 143 | $73,847 |
The largest sector is the biggest private employer group at 4,344 jobs, 16.7 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Georgetown County
What businesses operate in Georgetown County
- Establishments, all industries2,038
- Employment at those establishments22,113
- Annual payroll$1.06 bn
- Establishments per 1,000 residents31.4
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Georgetown County
What is being built in Georgetown County
- Housing units authorised by permit, 2024327
- Declared construction value permitted$195.1 m
- Single family units authorised327
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$596,712
- Units authorised per 1,000 households12.1
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Georgetown County
How much SBA lending happens in Georgetown County
- 7(a) approvals recorded41
- 7(a) gross approval dollars$21.2 m
- Average 7(a) approval$516,488
- Median 7(a) approval$188,200
- 10th percentile approval$20,000
- 90th percentile approval$1,560,000
- Largest single approval$2,502,000
- Jobs reported supported, 7(a)314
- Jobs per approval7.7
- Distinct 7(a) lenders active20
- Distinct industries receiving approvals32
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer17.1 percent
- Loans on real estate terms7
- Loans on working capital terms, 120 months or shorter32
- Franchise loans5
- Franchise share of approvals12.2 percent
- Leading industry by approval countMachine Shops (3)
- Most active lenderTD Bank, National Association (9)
- 504 approvals recorded7
- 504 gross approval dollars$11.1 m
- Average 504 approval$1,589,143
- Median 504 approval$1,351,000
- Distinct CDCs active4
- 504 jobs per approval37.1
- 504 jobs per million dollars approved23.4
- Most active CDCProvident Business Financial Services, Inc. (3)
- 7(a) share of SBA approvals85.4 percent
- Combined SBA approval dollars$32.3 m
The average approval of $516,488 sits well above the median of $188,200, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 17.1 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Georgetown County
Do SBA loans in Georgetown County get paid back
- Loans with a final outcome recorded7
- Paid in full6
- Charged off1
- Status: Paid in full6
- Status: Exempt from disclosure28
- Status: Cancelled6
- Status: Charged off1
Too few loans have reached a final outcome to publish a charge off rate. only 7 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Georgetown County
Which parts of Georgetown County get the lending
- Places in the county with recorded lending4
- GEORGETOWN, approvals15
- PAWLEYS ISLAND, approvals11
- Murrells Inlet, approvals9
- ANDREWS, approvals6
| Place | Approvals | Gross approval dollars |
|---|---|---|
| GEORGETOWN | 15 | $7,803,300 |
| PAWLEYS ISLAND | 11 | $6,647,000 |
| Murrells Inlet | 9 | $3,306,700 |
| ANDREWS | 6 | $3,419,000 |
GEORGETOWN accounts for 15 approvals against 11 in PAWLEYS ISLAND. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Georgetown County
How big is Georgetown County
- Land area814 sq mi
- Rank by land area among South Carolina counties8th of 46
- Width, east to west38.9 mi
- Height, north to south46.3 mi
- Geographies sharing a boundary5
- Residents per square mile of land80
- Establishments per square mile2.50
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Georgetown County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Georgetown County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population64,811
- Households27,129
- Average household size2.39
- Median household income$68,713
- Median age52.2
Common questions
Georgetown County questions, answered from the record.
How many people live in Georgetown County, South Carolina?
64,811, in 27,129 households, ranking 22nd of 46 South Carolina counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Georgetown County growing?
The population has grown 4.15 percent since the 2020 census base. In 2024 there were 473 births against 1,065 deaths, with net migration of 814. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Georgetown County?
$68,713. The median owner-occupied home is valued at $289,500, which is 4.2 times income, and median gross rent is $1,204 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Georgetown County?
2,038 establishments, employing 22,113 people with an annual payroll of $1.06 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Georgetown County?
Average annual pay is $50,335, or $968 a week, across 26,006 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Georgetown County?
41 7(a) approvals totalling $21.2 m since FY2020, across 20 lenders, with a median approval of $188,200, plus 7 504 approvals worth $11.1 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Georgetown County?
327 housing units were authorised by permit in 2024, with a declared construction value of $195.1 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Georgetown County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Georgetown County come from?
The largest single origin is Georgetown County Non-migrants, with 25,018 households. Arriving households report an average income of $108,554 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Georgetown County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Georgetown County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.