Charleston, WV Economy


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Charleston, WV is a city located in the Appalachian region of West Virginia. It is home to a variety of businesses and attractions, including the Clay Center for the Arts and Sciences, University of Charleston, Capitol City Brewing, and Appalachian Power Park. The city offers renters an affordable option with two-bedroom apartments renting for $930 compared to the US average of $1,430. Additionally, grocery costs index in Charleston is 99 compared to 100 in the US. Visitors can explore the area's many outdoor activities such as hiking at Kanawha State Forest or visiting the nearby New River Gorge Bridge. There are plenty of entertainment options as well with local restaurants like Sushi Bar Fujiyama and theater companies like Live On Stage. With all that it has to offer, Charleston is an ideal destination for anyone looking for a great place to live or visit.

Charleston has an unemployment rate of 6.2%. The US average is 6.0%.

Charleston has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 20.2%, which is lower than the US average of 33.5%.

Tax Rates for Charleston
- The Sales Tax Rate for Charleston is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Charleston is 6.5%. 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 $34,944 a year. The US average is $28,555 a year.
- The Median household income of a Charleston resident is $54,101 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCharleston, West VirginiaUnited States
  6.26
  -4.5%-6.2%
  20.2%33.5%
  7.0%6.2%
  6.0%4.6%
  $39,571$37,638
  $54,101$69,021
  $80,505$85,028
  Population by Occupation
  0.1%1.2%
  0.7%0.5%
  2.9%6.8%
  4.0%10.0%
  1.2%2.5%
  11.1%11.0%
  2.5%4.8%
  1.8%0.8%
  2.5%1.9%
  5.6%4.7%
  1.3%1.9%
  7.3%7.6%
  0.0%0.1%
  3.2%4.2%
  9.6%9.3%
  18.7%14.0%
  1.7%2.1%
  10.2%7.0%
  6.7%4.8%
  8.9%4.7%
Reviews for Charleston
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Over 11 years ago

Charleston has a lot going on for being a small city. Capitol Street has great restaurants and Taylor Books, and Capitol Market is one of the best year-round farmers  More

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Over 11 years ago

Charleston has a lot going on for being a small city. Capitol Street has great restaurants and Taylor Books, and Capitol Market is one of the best year-round farmers  More

   |    Reply

Over 11 years ago

Charleston has a lot going on for being a small city. Capitol Street has great restaurants and Taylor Books, and Capitol Market is one of the best year-round farmers  More

   |    Reply

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