Home Affordability in 29577
Myrtle Beach, SC — Horry County
The median home price in ZIP code 29577 (Myrtle Beach) is $275,000 with a median household income of $42,000. The price-to-income ratio is 6.5x.
Median Home Price
$275,000
Median Income
$42,000
Price-to-Income
6.5x
Est. Affordable Home
$163,000
Property Tax Rate
0.52%
Annual Property Tax
$1,430
Cost of Living
95
Metro Area
Myrtle Beach MSA
Down Payment Scenarios for ZIP 29577
| Down Payment | Amount | Loan Amount | PMI |
|---|---|---|---|
| 3% | $8,250 | $266,750 | Yes |
| 5% | $13,750 | $261,250 | Yes |
| 10% | $27,500 | $247,500 | Yes |
| 20% | $55,000 | $220,000 | No |
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