Isle of Palms is a very small coastal city (i.e. on the ocean, a bay, or inlet) located in the state of South Carolina. With a population of 4,370 people and two associated neighborhoods, Isle of Palms is the 83rd largest community in South Carolina.
Isle of Palms home prices are not only among the most expensive in South Carolina, but Isle of Palms real estate also consistently ranks among the most expensive in America.
Of important note, Isle of Palms is also a city of artists. Isle of Palms has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Isle of Palms’s character.
Also of interest is that Isle of Palms has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 25.01% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Isle of Palms is home to many people who could be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
Isle of Palms is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Isle of Palms’s overall crime rate is lower than average for the country.
Isle of Palms is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Isle of Palms. 71.73% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Isle of Palms in 2022 was $119,429, which is wealthy relative to South Carolina and the nation. This equates to an annual income of $477,716 for a family of four.
The people who call Isle of Palms home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Isle of Palms residents report their race to be White, followed by Asian. Important ancestries of people in Isle of Palms include English, Irish, German, French, and Scottish.
The most common language spoken in Isle of Palms is English. Other important languages spoken here include French and Polish.