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Quality of Life

North Charleston to some of the Lowcountry's most beautiful communities. Major developers have entered the market over the past several years, greatly increasing new housing selections. With exceptional choices for the first time buyer, to top executive homes and homesites, North Charleston neighborhoods offer a wide range of amenities including golf, fishing, tennis, playgrounds, nearby schools, day care, shopping, dining and recreational opportunities.

North Charleston's strong workforce, burgeoning art scene, and wealth of entertainment options continues to attract families of all ages and sizes.  North Charleston was recently awarded the Home Depot Foundation's Award of Excellence for Sustainable Community Development, was recognized by Cottage Living Magazine as being home to one of the nation's Top 10 Neighborhoods, and by Men's Journal for one of the nation's Top 30 "Coolest Neighborhoods."

The Park Circle neighborhood and business district was also recently in the New York Times travel section.

Climate

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.

Latitude

32° 54' N

Longitude

80° 02' W

Average Daily Temperature

65.7° F; 18.7° C

Average Daily High

75.2° F; 24.0° C

Average Daily Low

56.1° F; 13.4° C

Average Days with Sunshine

63%

Average Precipitation

50.08"; 127.2 cm

Average Relative Humidity

86% (AM); 56% (PM)

Real Estate & Cost of Living

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.

MSA Residential Home Sales by Zip Code Area

ZIP Code

Units Sold

Median Selling
Price, 2012

Average Selling
Price, 2012

29405

225

$69,000 $98,811

29406

217

$99,999 $92,532

29418

253

$89,800 $107,561

29420

309

$170,00 $181,651

29456

392 $144,950 $130,183

29485

800 $162,335 $177,080

Source: Charleston Trident Associatin of Realtors, 5/2013.

MSA Apartments, Average Monthly Rent by Sub-Market (Feb 2009)

1-Bedroom Unit

2-Bedroom Unit

3-Bedroom Unit

$655

$728

$828

Source: Real Data Inc., www.aptindex.com. Average monthly rent prices exclude all utilities except water, 6/2013

North 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.

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, 2012 Annual Average.

Tax Burden, 2006

 

South Carolina

United States

State & 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, 2012

           

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