Zip 29409 (Charleston, SC) Economy


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Charleston, SC is located in 29409 zip code and is a great place for young professionals to settle down. The average 2 bedroom rent is $2,020 compared to the US average of $1,430. Compared to the US, Charleston has a higher Grocery Cost Index at 108 versus 100 in the US. This means that groceries cost 8% more than what they would cost on average in the US. There are many local companies based in Charleston such as Benefitfocus, Blackbaud and PeopleMatter. All of these companies offer great opportunities for employment within the city. The cost of living in Charleston is higher than many other areas in the United States but it is worth it considering all that this great city has to offer.

Charleston (zip 29409) has an unemployment rate of 4.0%. The US average is 6.0%.

Charleston (zip 29409) 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 35.9%, which is higher than the US average of 33.5%.

Tax Rates for Charleston (zip 29409)
- The Sales Tax Rate for Charleston (zip 29409) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Charleston (zip 29409) 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 (zip 29409)
- The average income of a Charleston (zip 29409) resident is $3,421 a year. The US average is $28,555 a year.
- The Median household income of a Charleston (zip 29409) resident is $103,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCharleston, South CarolinaUnited States
  46
  -3.7%-6.2%
  35.9%33.5%
  9.0%6.2%
  7.0%4.6%
  $5,055$37,638
  $103,250$69,021
Family Median Income 85028
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