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Over the past decade, the Charleston Region has outpaced national employment growth, expanding 26.3%, 14.7 points higher than the U.S. average.
This pattern is evident across all regional industry sectors. The manufacturing sector grew 31% in the Charleston Region in the last decade, compared to 2.3% growth across the U.S.
The fastest ten-year job growth was in Construction (+48%), Financial Activities (+42%), and Health Services & Private Education (+35%).
The Charleston Region’s GRP more than doubled in the ten years from 2014 through 2024 (+104%), growing to exceed $71 billion overall. Compared to the nation in general, the region’s GRP grew nearly 40 points faster over the period.
The region has seen GRP growth every year from 2014 through 2024, with the exception of 2020. Growth of 12.6% and 8.5% in the last two years (2023 and 2024 respectively) signals a strong and expanding economy going forward.
The Charleston Region has grown in prosperity over the past decade. This is demonstrated by gains in median household income, which reached $89,000 in 2024. Median household income in the region is over $7,000 greater than the national level.
The median household income in the Charleston Region surpassed the national average in 2018, and the gap has continued to widen since then (with 2020 as the lone exception).
