Charleston Regional Development Alliance

Berkeley, Charleston & Dorchester Counties

Printed from www.crda.org

Quality of Place

Anyone who's been here understands the Charleston allure. It's no wonder more than 33 new residents are added to the region each day.

In addition to Charleston's acclaimed culture, cuisine, entertainment and beaches, residents here enjoy a diverse range of housing options, one of the most impressive medical hubs in the Southeast, and a mild year-round climate – all at a cost of living below the national average.
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HousingClimateCost of LivingHealthcareArts & Recreation
With 27 incorporated communities, residential areas range from the rural towns of Jamestown and St. George to the vibrant, urban areas of Charleston and North Charleston. The growing demand for housing has spawned a number of new residential opportunities throughout the region, and most price ranges are well represented. For current residential real estate listings, visit the Charleston Trident Association of Realtors.

Charleston S.C. MSA Residential Home Sales by Area

Area Name  Major Zip Codes  Residential Units Sold, 2013  Median Selling Price, 2013 
Total Charleston S.C. MSA 12,744 $206,530
Charleston Lower Peninsula 29401 394 $485,000
Charleston Upper Peninsula 29403 219 $276,250
Daniel Island 29492 309 $505,000
Edisto Island 29438 123 $325,000
Folly Beach 29439 103 $425,000
Goose Creek/Moncks Corner 29445/29461 1,663 $162,550
Hanahan 29410 287 $200,000
Hollywood/Ravenel/Meggett 29449/29470 98 $196,961
Isle Of Palms 29451 237 $650,000
James Island 29412 737 $229,500
Johns Island 29455 417 $217,280
Kiawah and Seabrook Islands 29455 95 $503,000
Mount Pleasant, above Hwy 41 29466 1,200 $335,000
Mount Pleasant, below Hwy 41 29464 1,106 $345,000
North Charleston Area, Dorchester Rd Corridor 29420/29456/29418 768 $178,000
Greater North Charleston 29405/29406 1,053 $131,450
St. George/Rural Dorchester County 29477/29448/29472 41 $113,600
St. Stephen/Rural Berkeley County 29479/29468/29431 110 $99,250
Sullivans Island 29482 42 $1,447,500
Summerville 29483/29485 1,542 $168,000
Wando/Cainhoy 29492/29450 196 $207,908
West Ashley 29407/29414 1,424 $198,000
Source: Charleston Trident Association of Realtors, 4/2014.

Charleston S.C. MSA Apartments, Average Monthly Rent by Sub-Market

Submarket (view map at http://www.aptindex.com/maps/CST.htm)  1-bedroom unit  2-bedroom unit  3-bedroom unit 
Central (Charleston Peninsula up to I-526 loop) $795 $771 $748
West of the Ashley River $726 $825 $969
Goose Creek $801 $775 $975
James Island $863 $1,013 $1,200
Mount Pleasant $992 $1,134 $1,411
North Charleston $655 $728 $828
Summerville $730 $829 $975
Total Charleston S.C. MSA $777 $848 $1,013
Source: Real Data Inc.'s March 2013 study, www.aptindex.com, 6/2013. The Charleston S.C. MSA has more than 29,000 rental apartment units. Average monthly rent prices exclude all utilities except water.


For information on current residential real estate offerings, visit the Charleston Trident Association of Realtors.
The climate of greater Charleston is considered "temperate to subtropical." On average, the region enjoys 230 days of sunshine each year, and the average growing season lasts 294 days.

Latitude32° 54' N
Longitude80° 02' W
Average Daily Temperature65.7° F; 18.7° C
Average Daily High75.2° F; 24.0° C
Average Daily Low56.1° F; 13.4° C
Average Days with Sunshine63%
Average Precipitation50.08"; 127.2 cm
Average Relative Humidity86% (AM); 56% (PM)


Monthly Averages, Charleston International Airport, Charleston S.C. MSA

Month  Temp (°F)  Temp (°C)  Relative Humidity (AM)  Relative Humidity (PM)  Precipitation (inches)  Precipitation (centimeters) 
January 49.2 9.6 83% 55% 3.17 8.05
February 51.3 10.7 82% 53% 3.12 7.92
March 57.7 14.3 83% 50% 3.95 10.03
April 64.9 18.3 84% 49% 2.69 6.83
May 72.7 22.6 85% 53% 3.51 8.92
June 78.8 26.0 86% 59% 5.73 14.55
July 81.5 27.5 88% 62% 7.34 18.64
August 80.7 27.1 90% 63% 6.89 17.50
September 76.3 24.6 90% 62% 5.36 13.61
October 66.8 19.3 89% 56% 3.02 7.67
November 57.9 14.4 87% 53% 2.27 5.77
December 50.9 10.5 84% 55% 2.99 7.59
Annual 65.7 18.7 86% 56% 50.04 127.10
Source: Southeast Regional Climate Center, 5/2013.
Compared to many other thriving coastal communities, Charleston offers a reasonable cost of living according to the ACCRA Cost of Living Index. This quarterly survey compares relative living costs for middle-management households among U.S. metropolitan areas and cities. Charleston residents also get a break when it comes to taxes, with the area's state and local tax burden significantly lower than the national average.

Charleston, S.C. MSA Cost of Living Index

All Items (Composite) 98.4
    Grocery Items 106.0
    Housing 85.4
    Utilities 113.2
    Transportation 95.8
    Health Care 105.2
    Miscellaneous Goods and Services 101.4
U.S. Cities Baseline Index = 100
Source: ACCRA Cost of Living Index, www.coli.org, 2012 Annual Average.


Tax Burden

  South Carolina  United States 
State and Local Taxes, Total (Per Capita) $2,742 $4,160
    Property $970 $1,388
    Sales & Use $686 $953
    Individual Income $617 $886
    Corporate Income $55 $151
Source: TaxFoundation.org, 8/2012


The South Carolina tax average is lower than the United States for property, sales & use, individual and corporate income. For more information on state and local tax structure, visit Taxes & Incentives or Personal Taxes.
With more than 2,000 physicians and a strong commitment to medical research, the Charleston region offers a vital health and wellness community. Several nationally recognized hospital systems serve the region, as well as numerous medical centers considered among the best in the United States. In all, more than 30,000 people are employed by the local healthcare industry.

Major Hospitals & Medical Facilities

Charleston S.C. MSA Major Hospitals & Medical Facilities Contact Beds/Employees
East Cooper Medical Center
First hospital in South Carolina to achieve five Gold Seals of Approval for heath care quality from The Joint Commission, a national health care accrediting organization.
www.eastcoopermedctr.com 130 beds; 750 employees
Medical University of South Carolina (MUSC)
Named "One of America's Best Hospitals" by U.S. News & World Report with nearly 300 MUSC Health physicians on the prestigious Best Doctors in America list.
www.musc.edu 865 beds; 12,000 employees
Ralph H. Johnson V.A. Medical Center
Conducting prominent research focused on post-traumatic stress disorder (PTSD), substance abuse, affective disorders, and mental health diseases associated with aging such as Alzheimer's disease.
www.charleston.va.gov 117 beds; 950 employees
Roper St. Francis Healthcare Three area hospital facilities
Ranked among the Top 100 Integrated Health Networks in the nation, earning 96 national awards recognizing high levels of patient, physician and employee satisfaction.
www.ropersaintfrancis.com 657 beds; 5,100 employees
Trident Health System (HCA) Two area hospital facilities
Offering a state-of-the-art da Vinci Surgical System, a robot that allows surgeons to perform extensive surgery with very small incisions.
www.tridenthealthsystem.com 390 beds; 2,500 employees
Naval Health Clinic Charleston www.med.navy.mil/sites/chas 80 employees
Source: Center for Business Research, 1/2014
Charleston area residents actively support the performing and visual arts – including a world-class symphony orchestra, a ballet company, several stage companies, a number of museums and a growing base of art galleries. In fact, AmericanStyle magazine lists the Charleston area as one of the top 10 art destinations in the United States.

For the outdoors enthusiast, acres of freshwater lakes, a large national forest, miles of beaches and 160 parks provide the perfect setting for numerous outdoor activities, including sailing, kayaking, fishing, hiking, hunting, windsurfing and water skiing.

To learn more about lifestyle options in the Charleston region, visit our Living & Working Here section.