Charleston, MI is a small town located in the northern part of the state. It is known for its affordable housing, with the average 2 bedroom rent costing only $870 compared to the national average of $1,430. Additionally, grocery costs in Charleston are also cheaper than the national index at 95 versus 100 in other parts of the US. Some popular local companies include Uptown Coffeehouse, The Pharmacy Cafe & General Store, and Ruelle’s Market. Uptown Coffeehouse provides friendly service and delicious espresso drinks. The Pharmacy Cafe & General Store has a wide selection of unique gifts and home decor items. Lastly, Ruelle’s Market offers fresh produce straight from local farmers.
Charleston has an unemployment rate of 5.1%. The US average is 6.0%.
Charleston has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 32.5%, which is lower than the US average of 33.5%.
Tax Rates for Charleston
- The Sales Tax Rate for Charleston is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Charleston is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Charleston
- The average income of a Charleston resident is $26,665 a year. The US average is $28,555 a year.
- The Median household income of a Charleston resident is $75,333 a year. The US average is $69,021 a year.