Net Worth Percentile in North Charleston

Your national net worth ranking uses Federal Reserve SCF data and is the same wherever you live. But North Charleston’s cost of living is 5% below the national average (COL index: 95), which changes what your net worth actually buys.

Purchasing power in North Charleston

National median (ages 45-54) ($248K)3.6 yrs of expenses
$1M net worth ($1.0M)14.4 yrs of expenses
$2M net worth ($2.0M)28.9 yrs of expenses
$5M net worth ($5.0M)72.1 yrs of expenses

Based on BLS 2023 Consumer Expenditure Survey ($69,319/yr in North Charleston).

North Charleston — key figures

Cost of living index95 (US avg = 100)
Median home price$310,000
Median household income$58,000

Calculate your net worth rank

Total assets (home equity, investments, retirement, savings) minus total debts (mortgage, loans, credit cards). Negative values are fine.

Frequently asked questions

What net worth puts you in the top 10% in North Charleston?

Nationally, the top 10% of Americans ages 45-54 have a net worth of roughly $1.7M or more. In North Charleston, where cost of living is 5% below the national average (COL index: 95), that $1.7M covers approximately 24.5 years of living expenses compared to 23.3 years at the national average.

How does North Charleston's cost of living affect my net worth ranking?

North Charleston has a cost of living index of 95 (US average = 100). Your national percentile ranking uses Federal Reserve SCF data and is the same regardless of where you live. But your purchasing power differs: $1M in North Charleston covers 14.4 years of average living expenses, versus 13.7 years at the national average.

What is the median household income in North Charleston?

The median household income in North Charleston is $58,000 per year. The national median household income is approximately $74,580 (Census ACS 2023).

What is the median home price in North Charleston?

The median home sale price in North Charleston metro area is approximately $310,000 (2024). For a household with $500K in net worth, that represents 161% of the median home price.

Other cities

← Back to networthrank.com