Zip 29401 (Charleston, SC) Economy


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29401 Charleston, SC is a great place for those looking for plenty of activity at an affordable price. The average 2 bedroom rent in the 29401 zip code is $2,020 while the national average rate is currently $1,430. This makes Charleston a more expensive option than some other places in the US, but residents can take comfort in knowing that they are saving money compared to other cities and states with similar amenities and activities. Grocery Cost Index in the area is 114 versus 100 in the US, so groceries may not be as affordable here as other places. \nCharleston features several companies that offer visitors and locals alike a variety of services and products. Some notable businesses include Blackbaud Inc., Boeing Co., Benefitfocus Inc., Medical University of South Carolina, College of Charleston and Trident Health System.

Charleston (zip 29401) has an unemployment rate of 4.0%. The US average is 6.0%.

Charleston (zip 29401) 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 29401)
- The Sales Tax Rate for Charleston (zip 29401) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Charleston (zip 29401) 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 29401)
- The average income of a Charleston (zip 29401) resident is $46,837 a year. The US average is $28,555 a year.
- The Median household income of a Charleston (zip 29401) resident is $88,311 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%
  $83,451$37,638
  $88,311$69,021
  $186,458$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  5.0%6.8%
  5.0%10.0%
  0.5%2.5%
  11.4%11.0%
  2.9%4.8%
  0.2%0.8%
  1.6%1.9%
  7.5%4.7%
  7.9%1.9%
  15.8%7.6%
  0.0%0.1%
  1.1%4.2%
  13.5%9.3%
  10.9%14.0%
  0.9%2.1%
  11.8%7.0%
  2.4%4.8%
  1.4%4.7%
Reviews for Charleston
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If I could vote this place ZERO stars, I would!!!! Perhaps 30+ years ago, this place was the best kept hidden secret, but not so much today! In fact, it makes me sad  More

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