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Folly Beach vs Charleston: Housing

Folly BeachCharleston
Median Home Value$1,000,000$509,700
Median Gross Rent$1,844/mo$1,722/mo
Homeownership Rate94.7%55.6%
Rent as Share of Income21.6%22.4%

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.