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Charleston: Economy & Jobs

$92,414 is the median household income in Charleston (about the same as Charleston County median $88,494; 1.3× higher than South Carolina median $69,324), with homes at a median value of $509,700. The surrounding county supports 66,943 jobs (avg $68,211).

Income & Affordability

Median household income $92,414 — above the South Carolina median ($66,299). Poverty rate 12.3% (U.S. average ~12.5%). 46% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

Affordability · Home Price To Income5.5×
Affordability · Home Affordabilityexpensive
Affordability · Rent Pct Income21.2%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened46.0%
Affordability · Poverty Rate12.3%
Affordability · Property Tax Pct Income2.4%
Irs Income · IRS tax returns filed$119,930
Irs Income · Total Adjusted Gross Income (thousands)$9,303,582
Irs Income · Average AGI per return$77,575 (vs South Carolina $75,428)
Irs Income · Year2022
Income Estimate$102,599
Median Household Income$92,414 (vs South Carolina $66,299)
Poverty Rate12.3%

Sources: IRS SOI 2022 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Economic Character

Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.

Economic Character · Workforcewhite_collar
Economic Character · Top IndustryEducation Healthcare
Economic Character · Income Levelupper-middle
Economic Character · Median Income$92,414

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 2.3% — below the U.S. average of ~4%. 19% work from home (U.S. average ~15%).

Commuter Profile · Mean Commute Min24.20
Commuter Profile · Work From Home Pct19.4%
Commuter Profile · Profileshort commute
Employment · Avg annual employment (county)66,943
Employment · Total annual wages (county)$4,566,255,150
Employment · Average annual pay$68,211
Employment · Year2024
State Occupation Wages · Year2023
State Occupation Wages · All Occupations · Soc Code00-0000
State Occupation Wages · All Occupations · TitleAll Occupations
State Occupation Wages · All Occupations · Employment2,222,950
Unemployment Rate2.3% (vs South Carolina 2.9%)

Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Industry Sectors

Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.

Agriculture · Total Farms330
Agriculture · Land In Farms Acres72,902
Agriculture · Avg Farm Size Acres220.90
Agriculture · Top CommoditiesCrop Totals, Horticulture Totals, Nursery Totals, Grain, Corn
Agriculture · Year2022
Business Patterns · Establishments (employer count)4,079
Business Patterns · Total Employees60,525
Business Patterns · Annual Payroll Thousands3,568,867
Business Patterns · Year2022

Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match

Local Business Mix

Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.

Local Businesses · Grocery Stores31
Local Businesses · Convenience Stores20
Local Businesses · Liquor Stores27
Local Businesses · Gas Stations72
Local Businesses · General Merchandise37
Local Businesses · Clothing Stores9
Local Businesses · Pet Stores6
Local Businesses · Electronics Stores11

Sources: Census CBP — NAICS detail codes

Dining Scene

Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.

Dining Scene · Full Service Restaurants110
Dining Scene · Fast Food143
Dining Scene · Bars8
Dining Scene · Coffee Snacks24

Sources: Census CBP NAICS 722

Banking

FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.

Branches (20)

Pinnacle Bank
DORCHESTER ROAD BRANCH · 8420 Dorchester Rd · 29420
SouthState Bank, National Association
CHARLESTON BROAD STREET BRANCH · 46 Broad St · 29401
South Atlantic Bank
CALHOUN BRANCH · 40 Calhoun St · 29401
United Bank
OLD CRESCOM BANK BRANCH · 288 Meeting St · 29401
First-Citizens Bank & Trust Company
FOLLY ROAD BRANCH · 462 Folly Rd · 29412
Wells Fargo Bank, National Association
ASHLEY PLAZA BRANCH · 1305 Sam Rittenberg Blvd · 29407
SouthState Bank, National Association
2440 MALL DRIVE BRANCH · 2440 Mall Dr · 29406
Wells Fargo Bank, National Association
BROAD STREET BRANCH · 16 Broad St · 29401
United Community Bank
CHARLESTON TECH BRANCH · 997 Morrison Dr · 29403
JPMorgan Chase Bank, National Association
JAMES ISLAND BRANCH · 896 Folly Rd · 29412
JPMorgan Chase Bank, National Association
DANIEL ISLAND BRANCH · 873 Island Park Dr · 29492
The Huntington National Bank
CHARLESTON KING STREET BRANCH · 677 King Street · 29403
SouthState Bank, National Association
855 SAVANNAH HWY BRANCH · 855 Savannah Hwy · 29407
SouthState Bank, National Association
FOLLY ROAD BRANCH · 1185 Folly Rd · 29412
Bank of America, National Association
WESTWOOD PLAZA BRANCH · 1806 Sam Rittenberg Blvd · 29407
United Bank
WEST ASHLEY BRANCH · 884 Orleans Rd · 29407
Pinnacle Bank
SAVANNAH HIGHWAY BRANCH · 802 Savannah Hwy · 29407
First-Citizens Bank & Trust Company
DANIEL ISLAND BRANCH · 126 Seven Farms Dr · 29492
TD Bank, National Association
JAMES ISLAND BRANCH · 504 Folly Rd · 29412
Ameris Bank
AMERIS - MAGNOLIA BRANCH · 108 Magnolia Rd · 29407

SNAP & Food Access

USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.

Sample (5)

DOLLARTREE 10871
Other · 2243 Ashley Crossing Dr
HARRIS TEETER 28
Super Store · 675 Folly Rd
Walmart Supercenter 1748
Super Store · 3951 W Ashley Cir
FOOD LION 933
Supermarket · 2245 F ASHLEY CROSSING
Circle K 272820
Convenience Store · 906 Folly Rd
Nearest Snap · NameDOLLARTREE 10871
Nearest Snap · Total In Area111

Sources: USDA SNAP API — state+city name match

Chamber of Commerce

IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.

Chamber Of Commerce · NameSEA ISLANDS CHAMBER OF COMMERCE

Sources: IRS EO BMF  ·  Refreshed 2026-04-12

Spending & Tax

Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).

Federal Spending · Federal Spending Fy2024$4,577,147,279
Federal Spending · Per Capita19,912.67 (vs South Carolina $7,873)
Federal Spending · Population229,861 people (vs South Carolina 24,505)

Sources: USAspending API

Other

Job Training · Total count3
Pct Drove Alone66.2%
Pct Public Transit3.5%
Pct Walked19.4%
Retirement Score · Median age36.6 years (at South Carolina median)
Retirement Score · Ss Household Pct25.8%
Retirement Score · Va AccessYes
Retirement Score · FactorsVA nearby
Retirement Score · Ratinglimited

Sources: IRS BMF keyword search · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12