Tega Cay is a medium-sized city located in the state of South Carolina. With a population of 14,057 people and two associated neighborhoods, Tega Cay is the 39th largest community in South Carolina. Tega Cay has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Tega Cay, where the median household income is $141,037.00.
Tega Cay home prices are not only among the most expensive in South Carolina, but Tega Cay real estate also consistently ranks among the most expensive in America.
Also of interest is that Tega Cay has more people living here who work in computers and math than 95% of the places in the US.
Telecommuters are a relatively large percentage of the workforce: 25.79% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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, Tega Cay 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, Tega Cay is a great place for families with children to consider. First of all, many other families with children live here, making Tega Cay a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Tega Cay has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Tega Cay’s overall crime rate is lower than average for the country.
One downside of living in Tega Cay, however, is that residents on average have to contend with a long commute, spending on average 30.35 minutes every day commuting to work.
If knowledge is power, Tega Cay is a pretty powerful place. 65.73% of the adults in Tega Cay have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Tega Cay in 2022 was $66,247, which is wealthy relative to South Carolina and the nation. This equates to an annual income of $264,988 for a family of four.
Tega Cay is a very ethnically-diverse city. The people who call Tega Cay home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Tega Cay residents report their race to be White, followed by Asian. Tega Cay also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 12.07% of the city’s residents. Important ancestries of people in Tega Cay include German, Irish, English, Italian, and Polish.
The most common language spoken in Tega Cay is English. Other important languages spoken here include Spanish and German/Yiddish.