Charleston, South Carolina is a moderately-sized city with a population of 129,888 people. If we look at the most recent Census, Charleston is known to have a predominantly White population. The next two most common races are Black and Asian. If finding a family friendly city is important to you, look no further. With more than 73% of the population considered married and 65% with kids under the age of 18, Charleston could be considered a very suitable city for families.
Whether you’re moving to a new area to be closer to family, friends or for a new job, living in Charleston could be a positive experience compared to other cities in South Carolina if you know where to look. Finding the best places to live in Charleston and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, cost of living, education, employment and other important metrics.
Charleston has a livability score of 76 out of 100 and is ranked #30 in South Carolina and #4,044 in the USA. Clearly, Charleston is doing something right, as this score ranks well above the average of most cities. If we dig down a little deeper into each category within the livability score, we see that Charleston has higher than average rankings for the following: amenities (A+) and weather (B+). Charleston does not do well for the following: cost of living (F). It might be a good idea to take a closer look at each category to find out why.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are available, most people will need to know if the real estate in Charleston is actually affordable. Median real estate prices in Charleston come in at $269,400, which is 87.6% higher than the South Carolina average. The home price to income ratio compares the median home prices to the median household income. In Charleston, the home price to income ratio is 4.7, which is 51.6% higher than the South Carolina average. Year over year appreciation rates for homes in the Charleston area were 9.2% and the 5 year appreciation rates came in at 8.6%. Why is this important? Knowing the appreciation rates for any area is a quick and easy way to determine if you will see a solid return on your investment.