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EconPulse

Local economy signal dashboard

Saved
PLACEStable

Charleston, MS

Stable overall. Federal Funds is the clearest support signal, while jobs needs the most attention. Housing reads as affordable for a median-income household.

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Overall score39out of 100
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67
0
0
69
87

Population

1,979

Data freshness

Unknown

GDP / Output

+4.1% YoY

67

$446.7M

Output changed +4.1% in 2024.

Vintage date unknown

State growth4.4%
U.S. growth5.3%

Jobs

Unemployment rate

0

12.7%

Unemployment is 12.7% for Latest available.

Vintage date unknown

State avg5.8%
U.S. avg5.2%

Population

-25.3% 5-year

0

1,979

Population moved -25.3% over the latest ACS window.

Vintage date unknown

State population2,946,779
U.S. population334,922,499

Housing

Rent share of income

69

22.2%

Median rent consumes 22.2% of median household income: Affordable.

Vintage date unknown

State rent$954
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$6.4K per resident

87

$81.9M

$81.9M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$38.5B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$81.9M

$6.4K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$62.0M
2. Department of Agriculture$13.4M
3. Department of Veterans Affairs$5.1M

Top recipients

Dollars
1. REDACTED DUE TO PII$10.5M
2. CHARLESTON COMMUNITY CENTER$1.0M
3. WATSON PLANTING COMPANY LLC$549.5K

Affordable

Housing Affordability

22.2%

of median income

1BR estimate$560
2BR estimate$738
Median income$36,892
Median home value$88,800

ACS context

Quick Facts

Population

1,979

Median age

38.3

Bachelor's degree+

22.3%

Poverty rate

27.1%

Labor force participation

55.5%

Prime rate

6.8%

CPI YoY

+3.2%

U.S. GDP YoY

+6.5%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

Latest available

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-30

HUD Fair Market Rent

Latest available

Data notes
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

-5.7%

GDP CAGR

+8.3%

Federal flow

5 years

Population (5 years)
20202,651
20212,618
20222,624
20232,301
20241,979
GDP (5 years)
2020$299.9M
2021$355.8M
2022$378.5M
2023$429.2M
2024$446.7M

2-year linear forecast

Predictive Outlook

Population forecast

20241,979
20251,936 *
20261,770 *

R² = 80.7% · * projected

GDP forecast

2024$446.7M
2025$492.0M *
2026$528.7M *

R² = 97.2% · * projected

Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.

housing affordability breakdown

Cost of Living

Median household income$36,892/yr
Median rent$683/mo
Rent share of income22.2%
Est. mortgage (30yr, 6.5%)$5,388/yr
Mortgage share of income14.6%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate12.7%
State avg5.8%
U.S. avg5.2%
Labor force participation55.5%
Poverty rate27.1%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$88,800
Median monthly rent$683
Price-to-rent ratio10.8x

Low price-to-rent ratio — buying may be more favorable than renting in this market.

composite score

Investment Climate

Investment climateWeak
Composite score30/100
Economic growth67/100
Labor market0/100
Population momentum0/100
Overall stability39/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Charleston city, Mississippi

City/Town

Part of

Mississippi

Nearby locations

Oakland, MSTillatoba, MSCrowder, MSPope, MSWebb, MS