(Local Paper) Study: Charleston, North Charleston South Carolina in top 5 most prosperous U.S. cities

A new report proclaims Charleston and North Charleston are among the top five most prosperous cities in the U.S.

California-based online apartment service RentCafe measured municipalities with at least 100,000 people in six prosperity indicators between 2000 and 2016. They include changes in population, income, home values, education, poverty and unemployment over the time span.

Charleston ranked No. 3, just below oil-rich Odessa, Texas, and the nation’s capital, Washington, D.C. The Holy City also is one of only 11 cities, out of 303 in theĀ survey, to show improvements in all six categories.

Charleston’s population grew 35 percent, income is up 16 percent, home values rose 39 percent, higher education attainment is up 34 percent, poverty dropped 15 percent and unemployment dipped 10 percent.

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Posted in * South Carolina, Economy