Mount Pleasant, SC Economy


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Mount Pleasant, SC is an affluent suburb located just outside of Charleston. With a population of over 89,000 people, it has grown to become a popular destination for families and professionals alike. It is known for offering a high quality of life that includes some of the highest rents in the country with an average two bedroom apartment costing $2,150 per month. Grocery costs are also higher than the national average with a grocery cost index of 107 versus the US average of 100.
The city is home to many well-known companies including Blackbaud, Boeing, Benefitfocus and Boomtown as well as smaller local businesses such as The Rusty Rudder, Tavern & Table and Wild Olive Restaurant. There are also many retail stores located downtown that offer unique gifts and clothing items not found anywhere else. With its excellent location and family-friendly atmosphere, Mount Pleasant remains one of South Carolina's most desirable places to live.

Mount Pleasant has an unemployment rate of 3.1%. The US average is 6.0%.

Mount Pleasant has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 40.9%, which is higher than the US average of 33.5%.

Tax Rates for Mount Pleasant
- The Sales Tax Rate for Mount Pleasant is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Mount Pleasant is 7.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Mount Pleasant
- The average income of a Mount Pleasant resident is $42,485 a year. The US average is $28,555 a year.
- The Median household income of a Mount Pleasant resident is $106,216 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMount Pleasant, South CarolinaUnited States
  3.16
  -3.7%-6.2%
  40.9%33.5%
  9.0%6.2%
  7.0%4.6%
  $59,505$37,638
  $106,216$69,021
  $132,424$85,028
  Population by Occupation
  0.2%1.2%
  0.2%0.5%
  5.4%6.8%
  7.7%10.0%
  2.7%2.5%
  9.0%11.0%
  2.9%4.8%
  0.7%0.8%
  1.3%1.9%
  3.7%4.7%
  3.3%1.9%
  15.3%7.6%
  0.0%0.1%
  4.6%4.2%
  8.7%9.3%
  13.7%14.0%
  2.6%2.1%
  9.0%7.0%
  3.9%4.8%
  4.9%4.7%
Reviews for Mount Pleasant
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Over 3 years ago

Mount Pleasant and the surrounding Charleston area has changed drastically over the years. Entirely too many people have moved here and cost of living is skyrocketing.  More

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I fell in Love with Charleston and its neighboring town over 30 years ago. The people were the nicest and most hospitable people I had ever met. Downtown Charleston  More

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Over 8 years ago

Charleston is an amazing place! I grew up there. Mt. Pleasant will be your most pretentious people. The majority of people that live there now are no originally from  More

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