Living in Charleston, Tennessee
Cost of living, income, home prices, rent and demographics of Charleston · Census data 2020–2024
Charleston has 956 residents with a median age of 38.2. The median household income is $72,763 (5% higher than the Tennessee median), the median home value is $217,400, the median rent is $881/month.
Charleston is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Charleston at a glance
- Population
- 956
- Median age
- 38.2State: 38.9
- Median household income
- $72,763State: $69,595
- Median home value
- $217,400State: $286,700
- Median rent
- $881/moState: $1,189
- Homeowners
- 78.7%
- Bachelor's degree or higher
- 11.4%
- Average commute
- 27 min
Is Charleston a good place to live?
Pros: Median household income 5% higher than the Tennessee median; home values 24% lower than the state median; unemployment of 1.3%; a poverty rate of 9.3%.
Cons: An average commute of 27 minutes.
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 $217,400, 35% lower than the U.S. median. Renters pay a median of $881 per month, which is 19.5% of household income. Homeowners with a mortgage pay $1,131 a month in housing costs.
Charleston median household income
The median household income in Charleston is $72,763 and the income per person is $32,790. 9.3% of residents live below the poverty line (Tennessee: 13.8%).
Housing in Charleston: homes for sale and rent
- Housing units
- 481
- Owner-occupied
- 78.7%
- Renter-occupied
- 21.3%
- Vacant
- 13.1%Includes seasonal homes
- Median year built
- 1994
- Average household size
- 2.29
Charleston demographics
- Population
- 956
- Median age
- 38.2
- Under 18
- 18.1%
- 65 and older
- 12%
- Households
- 418
- Foreign-born
- 0.9%
- Veterans
- 7.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Charleston ›
Education in Charleston
11.4% of adults 25 and older in Charleston have a bachelor's degree or higher (Tennessee: 31.1%), and 7.4% have a graduate or professional degree.
Jobs and commute in Charleston
- Unemployment rate
- 1.3%State: 4.7%
- Average commute
- 27 minState: 26 min
- Work from home
- 3.2%
- Drive alone
- 86.3%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 88%
Charleston vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Charleston | 956 | $72,763 | $217,400 | $881 |
| Calhoun | 546 | $49,028 | $179,700 | $690 |
| Riceville | 823 | $51,100 | $286,500 | — |
| Hopewell | 2,634 | $87,842 | $305,600 | $1,296 |
| Cleveland | 48,829 | $58,559 | $272,200 | $1,034 |
| Benton | 1,560 | $29,414 | $184,200 | $472 |
| East Cleveland | 1,934 | $48,878 | $124,100 | $911 |
| Delano | 838 | $121,250 | $163,500 | — |
| Ocoee | 208 | $181,250 | $119,800 | — |
More for people moving to Charleston
Charleston ZIP code ›Weather and climate ›Living in Charleston: FAQ
What is the median household income in Charleston, TN?
The median household income in Charleston is $72,763, 5% higher than the Tennessee median of $69,595 (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 $217,400, compared with $286,700 in Tennessee.
How much is rent in Charleston?
The median gross rent in Charleston is $881 per month, about 19.5% of household income.
Is Charleston, TN a good place to live?
Pluses: median household income 5% higher than the Tennessee median; home values 24% lower than the state median; unemployment of 1.3%; a poverty rate of 9.3%. Minuses: an average commute of 27 minutes.
What is the median age in Charleston?
The median age in Charleston is 38.2 years (Tennessee: 38.9).
How long is the commute in Charleston?
The average commute to work in Charleston is 27 minutes; 3.2% of workers work from home.
What is the unemployment rate in Charleston?
The unemployment rate in Charleston is 1.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Charleston?
11.4% 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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