Socastee is located in east South Carolina. Socastee has 13.35 square miles of land area and 0.52 square miles of water area. As of 2010-2014, the total Socastee population is 20,496, which has grown 43.38% since 2000. The population growth rate is much higher than the state average rate of 17.83% and is much higher than the national average rate of 11.61%. Socastee median household income is $37,634 in 2010-2014 and has has shrunk by 6.93% since 2000. The income growth rate is much lower than the state average rate of 21.44% and is much lower than the national average rate of 27.36%. Socastee median house value is $145,800 in 2010-2014 and has shrunk by -33.15% since 2000. The house value growth rate is lower than the state average rate of 44.99% and is lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Socastee is much better than the state average in quality.