Charleston, SC: From Vacation Destination to Home Base
Historic Charleston, SC is not only the second largest and the oldest of cities in South Carolina, but according to World Population Review, it’s one of the fastest growing cities in the United States as well. The reason, aside from the preservation of the historic charm of Charleston, the revitalization of downtown is not only drawing people in but making them want to stay forever. However, it wasn’t always been like that.
Joseph P Riley, the longest standing mayor of 40 years in Charleston, was at the helm of revitalizing Charleston. It was taken from a city in despair with a high crime rate, to one that continuously makes the list of top vacation destinations. According to Travel and Leisure, Charleston SC has been ranked their “Top city in the United States” every year since 2013. The revitalization brought new places to eat, new things to do, and most importantly 6 million people each year who come to visit. The growth and expansion also brought additional jobs and according to USA Today, Charleston, SC was ranked #5 in 2018 for rising median income.
The appeal of a beautiful city, amazing weather, tons of activities, and financial prosperity quickly turned Charleston, SC from vacation destination to a place to call home. As a result, the housing market shows no signs of slowing down compared to other cities across the nation. Due to the demand for housing, there is an increase in home values. With more people wanting to move to Charleston and the surrounding area, the real estate supply is having a hard time keeping up with the demand. My family and I have witnessed this first hand, in the past 6 years since we have lived in the Charleston area, a steady increase in our own home value. The increase in property values, in turn, makes buying a home in Charleston a very smart financial investment. To sweeten the deal, if this is your primary residence, you may qualify for a break in your property taxes. An even greater appeal to families are the amazing schools that rank at the top of the state.
Not only has Charleston, SC attracted retirees and families over the years, but the appeal to the younger generations has been on the rise as well. With a college campus nestled into the heart of downtown Charleston, many graduates are sticking around after graduation and others are coming from other cities. According to World Population Review, the median age is 34 thanks to the booming social scene, increase in jobs, and overall appeal of Charleston, SC. The year-round ideal temperatures keep this city very active. Within the last couple of years, downtown Charleston has seen an added a bike rental company, for those who want to get around and see the city or another means of transportation. It has also seen an increase in the fitness industry and the array of studios that are popping up. All of which are an appeal to the younger generations.
While Charleston, SC has been the perfect spot for a family vacation, destination wedding, or even a romantic getaway, it has won the hearts of many. You can’t help but fall in love with the charm, the deep history, and the overall beauty of this city. Couple that with a booming economy and it’s easy to understand why so many people call Charleston, SC home.