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 4,357 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 people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
Because of many things, Isle of Palms is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Isle of Palms really has some of the features that families look for when choosing a good community to raise children. Is Isle of Palms perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
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. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.
Do you like to read, write and learn? If you move to Isle of Palms, you'll likely find that many of your neighbors like to as well. Isle of Palms is one of the more educated communities in America, with a full 71.73% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Isle of Palms in 2018 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.