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Charleston

Learn about the people, housing, costs and businesses in Charleston

Median Home$150,235
Median Rent$902/month
Population205,398
Leading IndustriesManufacturing · Public Administration · Agriculture & Mining3% manufacturing
Home Value Growth⬆⬆+17.7% over 2 years
Retirees22% of residentsabove average nationally
Homeowners72% of occupied units
NotableAffordable Market$150k median home · lower cost than 96% of the country
Charleston

Frequently Asked Questions

What are today's mortgage rates in Charleston?

Mortgage rates for Charleston are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.

View current rates for Charleston
What is the median home price in Charleston?

The median home value in Charleston is $150k. The median monthly rent is $902. Annual property taxes average $972. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Charleston?

Home values in Charleston have increased 17.7% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Charleston?

Based on a typical all-in ownership cost of $784/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Charleston is $63k/year.

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What industries drive the economy in Charleston?

The largest employment sectors in Charleston are public administration (29%) and healthcare (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.