Military impact on Beaufort a vital $2.2 billion annually

Dated: September 17 2019

Views: 33

Military impact on Beaufort a vital $2.2 billion annually

A recent study by the South Carolina Military Base Task Force has concluded that Beaufort County's military presence accounts for about $2.2 billion in annual economic impact.

Information in the study says that our three military facilities; Parris Island MXRD, MCAS Beaufort and the Naval Hospital Beaufort account for 19,240 jobs and $993.8 million in generated labor income each year.

Marine Corps Air Station Beaufort accounts for $787 million yearly. Marine Corps Recruit Depot Parris Island accounts for $739.8 million and Naval Hospital Beaufort accounts for $217.4 million each year.

“The significance of the military in Beaufort and Port Royal cannot be overstated,” the study concluded. “We are forever grateful for the service and economic engine of military men and women at our local bases and for both the Navy and Marine Corps’ continued engagement in our community.. Our local installations are vital to not only our national defense but our state and local economies as well,"

The South Carolina military community, as a whole, creates an economic impact of $24.1 billion statewide each year, the study said.

The state is home to eight major military installations and Beaufort is home to two of those.

The full copy of the recent report is available at www.scmilitarybases.com.

Are you active military and looking to purchase your home in proximity of one of our three local military installations? We're Veteran-owned and pride ourselves in being specialists in PCS moves and our Military members and their families are very important to us here at CENTURY 21 Carolina Realty.

Whether you're Army, Navy, Air Force, Marines or Coast Guard, we are very proud to support our military troops and look forward to serving you with your housing needs.

Additionally, Beaufort is also home to thousands of military retirees whom, after being stationed here at one of our local bases, have fallen in love with the area and have decided to make it their permanent home.

If that is your desire for retirement, make sure you contact our office.

Latest Blog Posts

A Story to Tell: The Hunting Island Lighthouse

One of the most popular spots here in the Lowcountry is Hunting Island State Park, and it's one of the many reasons why people love calling Beaufort SC their home.Currently closed for renovations,

Read More

Nothing says 'summer' in the Lowcountry like the Beaufort Water Festival

The time everyone has been waiting for has arrived. The Annual Beaufort Water Festival returns to downtown Beaufort SC this upcoming weekend, and folks from all over are gearing up for a couple

Read More

Beaufort named one of most beautiful towns in U.S.

More accolades have arrived in Beaufort SC, as our lovely little town by the sea was just named on the list of 27 Most Beautiful Towns in America by popular luxury and lifestyle magazine, Conde Nast

Read More

16th Century town may be hidden under downtown Beaufort

That's right. Archaeologists believe there may be a 17th century Scottish settlement hidden in the Earth beneath present-day downtown Beaufort, SC.That’s the mystery that archaeologists hope

Read More