Why is North Myrtle Beach so cheap?

North Myrtle Beach is a relatively affordable place to live based on the opinions of many coming to the area from other areas.  What makes North Myrtle Beach so affordable and why?  First of all our median home prices for 2022 was $370,000 compared to the US average at $429,000.  That is a significant savings.  Property taxes for second homes and investors are already much cheaper than most of our Northern Cities but add in the primary residence discount and many people are amazed at how little they will pay for their property taxes.  Tourism is our largest industry and our leaders have found ways to tax those visiting our area with hospitality fees rather than put all the costs on our full time residents.  If you are thinking of moving to the area feel free to give me a call and I can help you see if North Myrtle Beach is a good fit for you.  Check out North Myrtle Beach Homes for sale.