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Demographics
Population
Median Income
Racial Distributions
Folly Beach in South Carolina (zip code 29439) is categorized as a community with "Low Diversity" as of 2022. The racial composition shows a white majority, with 100% of the population identified as white. The median income for 2022 was $75,803, and the population stood at 632 residents.
Over the past decade, Folly Beach has maintained its status as a community with "Low Diversity." From 2013 to 2022, the white population percentage increased from 85% to 100%. This trend indicates a shift towards less diversity over time, solidifying its categorization as a community with low racial diversity.
The data shows no significant presence of other racial groups throughout the years, with Hispanic population consistently reported as 0% when data is available. The lack of data for other racial categories further emphasizes the homogeneity of the community.
The median income in Folly Beach has fluctuated over the years but has generally remained high. In 2013, the median income was $98,891, which was the highest recorded in the given data set. There was a decrease to $68,942 in 2019, followed by a recovery to $75,803 in 2022. Despite these fluctuations, the area has maintained a relatively high income level throughout the decade.
The population of Folly Beach has seen a significant decline over the past decade. From a peak of 2,100 residents in 2015, the population has steadily decreased to 632 in 2022. This substantial population decrease of about 70% over seven years is a notable trend.
The increasing racial homogeneity runs counter to national trends, where many communities are becoming more diverse over time. The high median income suggests that Folly Beach remains an affluent area. The dramatic population decrease could be indicative of larger socio-economic factors affecting the area.
Folly Beach presents a case of a community becoming less diverse over time, maintaining high income levels despite fluctuations, and experiencing a significant population decrease. These trends suggest a changing community dynamic that may be influenced by various local factors.