Charleston, AR Economy


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United States / Arkansas / No Metro Area / Franklin County / Charleston / Zip Codes
Charleston, AR is a vibrant city with a lot to offer. It's rental market is much more affordable than the US average, with a 2 Bedroom Rent price of $810 versus the US average of $1,430. In addition, Charleston has a lower Grocery Cost Index than the US at 93 versus 100. When it comes to local companies and attractions, Charleston can boast about its selection of locally owned restaurants such as Hog-N-Barb BBQ and Salty's Seafood Market & Restaurant. There are also plenty of outdoor activities available nearby for visitors and residents alike like hunting in White Oak Lake State Park or hiking in Toltec Mounds Archaeological State Park.

Charleston has an unemployment rate of 4.3%. The US average is 6.0%.

Charleston has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.

Tax Rates for Charleston
- The Sales Tax Rate for Charleston is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Charleston is 6.9%. 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 $20,015 a year. The US average is $28,555 a year.
- The Median household income of a Charleston resident is $54,297 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCharleston, ArkansasUnited States
  4.36
  -3.0%-6.2%
  25.6%33.5%
  10.0%6.2%
  6.9%4.6%
  $26,368$37,638
  $54,297$69,021
  $76,184$85,028
  Population by Occupation
  1.8%1.2%
  1.1%0.5%
  6.4%6.8%
  24.3%10.0%
  3.0%2.5%
  10.0%11.0%
  1.5%4.8%
  0.3%0.8%
  0.3%1.9%
  0.5%4.7%
  1.4%1.9%
  2.2%7.6%
  0.0%0.1%
  1.0%4.2%
  12.6%9.3%
  20.8%14.0%
  1.0%2.1%
  3.9%7.0%
  3.1%4.8%
  4.8%4.7%
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