Charleston, TN Economy


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Charleston, TN is a great place to live with plenty of local businesses and amenities. It is slightly more affordable than the US average for both rent and groceries, making it an attractive option for those looking to stretch their budget. Companies such as JQ Service Company, Abco Home Services, and Music City Plumbing are all based in the area, offering reliable services that can further enhance one's quality of life in Charleston. Additionally, the town hosts multiple restaurants like The Corner Cafe and On The Boulevard Bar & Grill. With its many companies and affordable prices, Charleston makes for an ideal place to live.

Charleston has an unemployment rate of 5.1%. The US average is 6.0%.

Charleston has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 34.5%, which is higher than the US average of 33.5%.

Tax Rates for Charleston
- The Sales Tax Rate for Charleston is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Charleston is 0.0%. 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 $19,998 a year. The US average is $28,555 a year.
- The Median household income of a Charleston resident is $46,979 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCharleston, TennesseeUnited States
  5.16
  -2.9%-6.2%
  34.5%33.5%
  9.8%6.2%
  0.0%4.6%
  $23,230$37,638
  $46,979$69,021
  $69,583$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.9%6.8%
  29.3%10.0%
  1.1%2.5%
  10.2%11.0%
  7.5%4.8%
  1.5%0.8%
  3.0%1.9%
  5.6%4.7%
  1.5%1.9%
  1.5%7.6%
  0.0%0.1%
  2.6%4.2%
  5.3%9.3%
  14.3%14.0%
  0.8%2.1%
  1.1%7.0%
  7.5%4.8%
  2.3%4.7%
Reviews for Charleston
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08/23/2014 PCL at CLeveland / Charleston line hiring 1,300 employees for Wacker. Resolute Forest / Bowater $105 million dollar addition. Need for restaurants ,and  More

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