Charleston, IL is a small city in Coles County, situated in the center of Illinois. It has a population of 21,033 according to the 2020 census. The cost of living is very affordable, with two-bedroom rent at $810 compared to $1,430 across the United States. Grocery Cost Index stands at 93 versus 100 in the US figure.
The city offers numerous attractions and activities for its residents and visitors alike such as Riverfront Park, Charleston Carousel, Lincoln Log Cabin State Historic Site and more. There are also plenty of businesses within the city limits including Charleston Floral Company, Fox Print & Design Co., Schuler's Bakery Inc., and The Farmhouse Boutique & Gift Shop. With all these amenities easily accessible to its citizens it’s no wonder why so many people choose to live in Charleston!
Charleston has an unemployment rate of 5.6%. The US average is 6.0%.
Charleston has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 33.3%, which is lower than the US average of 33.5%.
Tax Rates for Charleston
- The Sales Tax Rate for Charleston is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Charleston is 5.0%. 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 $25,794 a year. The US average is $37,638 a year.
- The Median household income of a Charleston resident is $44,371 a year. The US average is $69,021 a year.