Living in Charleston, South Carolina

Cost of living, income, home prices, rent and demographics of Charleston · Census data 2020–2024

Charleston has 154,338 residents with a median age of 36.6. The median household income is $92,414 (33% higher than the South Carolina median), the median home value is $509,700, the median rent is $1,722/month.

Charleston at a glance

Population
154,338
Median age
36.6State: 40.2
Median household income
$92,414State: $69,324
Median home value
$509,700State: $259,000
Median rent
$1,722/moState: $1,180
Homeowners
55.6%
Bachelor's degree or higher
58.3%
Average commute
24 min

Is Charleston a good place to live?

Pros: Median household income 33% higher than the South Carolina median; an average commute of 24 minutes; unemployment of 3.4%; a poverty rate of 12.3%.

Cons: Home values 97% higher than the state median.

The weather is best in April–May and September–October.

Cost of living in Charleston

Housing is the biggest part of the cost of living. In Charleston the median home value is $509,700, 53% higher than the U.S. median. Renters pay a median of $1,722 per month, which is 32.7% of household income. Homeowners with a mortgage pay $2,253 a month in housing costs.

Median home value

Charleston$509,700
South Carolina$259,000
United States$332,700

Median monthly rent

Charleston$1,722
South Carolina$1,180
United States$1,413

Charleston median household income

The median household income in Charleston is $92,414 and the income per person is $59,875. 12.3% of residents live below the poverty line (South Carolina: 14.1%).

Median household income

Charleston$92,414
South Carolina$69,324
United States$80,734

Housing in Charleston: homes for sale and rent

Housing units
77,417
Owner-occupied
55.6%
Renter-occupied
44.4%
Vacant
12.1%Includes seasonal homes
Median year built
1995
Average household size
2.18

Charleston demographics

Population
154,338
Median age
36.6
Under 18
17.3%
65 and older
16.4%
Households
68,027
Foreign-born
6%
Veterans
6.8%Adults 18+

Race and ethnicity

White73.7%
Hispanic or Latino6.1%
Black15.8%
Asian1.9%

Hispanic or Latino can be of any race. Population history of Charleston ›

Education in Charleston

58.3% of adults 25 and older in Charleston have a bachelor's degree or higher (South Carolina: 32.1%), and 22.8% have a graduate or professional degree.

Bachelor's degree or higher

Charleston58.3%
South Carolina32.1%
United States35.7%

Jobs and commute in Charleston

Unemployment rate
3.4%State: 4.9%
Average commute
24 minState: 26 min
Work from home
19.4%
Drive alone
66.2%
Public transit
0.7%
Walk to work
3.5%
Homes with broadband
92.8%

Charleston vs nearby towns

TownPopulationMedian incomeHome valueRent
Charleston154,338$92,414$509,700$1,722
Mount Pleasant93,993$124,755$748,500$2,159
James Island12,198$104,217$508,600$1,695
Hanahan21,452$87,984$374,800$1,412
North Charleston119,913$62,956$302,200$1,430
Sullivan's Island2,087$192,813$2,000,001$2,375
Folly Beach1,267$102,279$1,000,000$1,844
Goose Creek48,078$88,178$306,000$1,690
Isle of Palms4,362$156,979$1,581,300$2,893

More for people moving to Charleston

Charleston ZIP code ›Weather and climate ›

Living in Charleston: FAQ

What is the median household income in Charleston, SC?

The median household income in Charleston is $92,414, 33% higher than the South Carolina median of $69,324 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Charleston?

The median home value in Charleston is $509,700, compared with $259,000 in South Carolina.

How much is rent in Charleston?

The median gross rent in Charleston is $1,722 per month, about 32.7% of household income.

Is Charleston, SC a good place to live?

Pluses: median household income 33% higher than the South Carolina median; an average commute of 24 minutes; unemployment of 3.4%; a poverty rate of 12.3%. Minuses: home values 97% higher than the state median.

What is the median age in Charleston?

The median age in Charleston is 36.6 years (South Carolina: 40.2).

How long is the commute in Charleston?

The average commute to work in Charleston is 24 minutes; 19.4% of workers work from home.

What is the unemployment rate in Charleston?

The unemployment rate in Charleston is 3.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Charleston?

58.3% of adults in Charleston have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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