Charleston, SC County is a vibrant and diverse county located in South Carolina. It is home to many prominent companies such as Boeing, Volvo Car USA, Cummins Turbo Technologies, and Benefitfocus. According to the US Census Bureau, the county's population is estimated at 441,209 people with a median household income of $56,493 in 2019. The cost of living in Charleston County is higher than other parts of the US as indicated by the 2-bedroom rent which is $1,530 compared to $1,430 for all US counties. Grocery costs are also higher with a grocery cost index of 105 versus 100 in the US. Despite the higher cost of living compared to other places in the United States, Charleston County remains an appealing place to live due its strong economy and attractive amenities.
Charleston County has an unemployment rate of 4.4%. The US average is 6.0%.
Charleston County 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 36.9%, which is higher than the US average of 33.5%.
Tax Rates for Charleston County
- The Sales Tax Rate for Charleston County is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Charleston County 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 Charleston County
- The average income of a Charleston County resident is $31,198 a year. The US average is $28,555 a year.
- The Median household income of a Charleston County resident is $70,807 a year. The US average is $69,021 a year.