The people and businesses who make Charleston, SC their home have long understood how much there is to love about this area. It is rich in history, has welcoming residents, and offers some of the most beautiful landscapes in the region.
But the makeup of Charleston has been shifting over the past several years as more people and businesses continue to discover how much the Lowcountry has to offer. Thinking of moving to Charleston or opening a business here? You’ll be in good company with others who are making similar choices.
Who’s Moving to Charleston in 2021?
The official 2020 Census counts for all U.S. cities aren’t in yet. But the estimates are, and they indicate that the Charleston demographics are shifting. The Charleston metro area population is estimated at just shy of 820,000, which is an increase of 1.8% over prior year estimates.
The three largest counties in the metro area are Charleston County, Berkeley County, and Dorchester County respectively. The metro area is growing by about 40 net new people each day, and over two-thirds of those (69%) are in the prime working ages of 18-54.
The top five metro areas that people are moving to Charleston from are:
- Greenville, SC
- Atlanta, GA
- Charlotte, NC
- Columbia, SC
- New York – Newark
Who is Already in Charleston, SC?
According to the Charleston County Economic Development Agency, population growth in the region has soared 20% over the past decade. The highest rates of growth have been experienced in Mount Pleasant (34%), North Charleston (18%), and Charleston (14%). The average age of Charleston County residents is 38, with 64% of the population being between 18 and 64 years old.
The Charleston metro area has experienced unprecedented economic diversification and business growth, with a mix of fast-growing startups and multinational corporations taking advantage of the region’s favorable business environment. Some of the businesses that currently call the Charleston area home include:
- Joint Base Charleston
- Medical University of South Carolina
- Roper St. Francis Healthcare
- Trident Health System
- College of Charleston
- Robert Bosch LLC
Charleston’s stable and long-term growth are signals that the area can attract and retain the workforce and businesses these communities need to succeed.
Looking for Commercial Real Estate Help in Charleston?
Whether you’re looking to open a business, expand one, or move to Charleston, we can help. Caldwell Commercial Real Estate Services can help you find, build, or manage the right commercial property anywhere in the Charleston area. Our commercial realtors and property managers have over 80 years of combined experience in this industry. Contact us to learn more about our services.