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Where poverty is greatest in metro Charleston

Posted on April 2, 2015 by in Wealth & Poverty

Communities with most poverty, IRS

Sullivan’s Island is home to wealthiest Charlestonians

Posted on April 10, 2014 by in Wealth & Poverty

Where Charleston's wealthiest live, USE THIS, IRSSullivan’s Island is home to the wealthiest Charlestonians.  The average income of top earners is $811,000.

Downtown Charleston, the 29401 ZIP Code below Calhoun Street, is second, with average income among op earners at $697,000.

Local American measured wealth two ways — average income in the top bracket — earners with income of at least $200,000 annually — and the number of people who were in that bracket. While downtown was No. 2 to Sullivan’s Island, in the average for highest incomes, it had more people in the top bracket — 590 compared to 173.

ZIP Code 29417 — on the West Ashley side l– actually had the highest average income in the top bracket — $1,035,035 — but has only 28 people in that bracket, and, besides, its not a well identified neighborhood. Top earners in the Mt. Pleasant ZIP of 29465 have an average income of $717,000, but there are only 22 in the top bracket.

 

 

Berkeley-Dorchester cluster is No. 1 for middle-income earners

Posted on April 10, 2014 by in Wealth & Poverty

Communities with most middle class, IRS

Where the most rich, middle class and poor live

Posted on February 15, 2014 by in Wealth & Poverty

Communities with most middle class

Even in wealthiest Charleston, there’s poverty

Posted on January 30, 2014 by in Wealth & Poverty

Charleston poverty highest in Tri-Counties, 2008-2012, Census BureauCharleston has its affluent, even quite wealthy, communities. But it also has poverty, and, on average, it’s higher than the U.S. rate.

Sometimes poverty and wealth in our community exist almost side by side. Downtown — below Calhoun Street — has 590 higher-bracket people whose average income is $697,000. But the same 29401 ZIP Code has 911 people who average $1,000 annually and 756 who average $17,000. Even Sullivan’s Island — No. 1 inlocal wealth — has more poor people (332) than rich ones (173).

Child poverty in Charleston rising fastest in Tri-County

Posted on January 28, 2014 by in Wealth & Poverty

Charleston poverty tops U.S. rate, American Community Survey, 2013Child poverty has increased across the U.S. since the Great Recession, but the under-18 population in Charleston County has been hit harder (chart above).

The percentage of poor children in Charleston County is not only higher than the U.S. average but also well above rates in Berkeley and Dorchester counties.

The major example of income disparities is shown in the number of children who receive free lunches at Tri-County schools. The rate for Charleston County schools is far greater than in Berkley and Dorchester counties as well as compared to the U.S. average.