Charlotte is only cheaper than most cities in the US by about 1.7% when it comes to utility costs. The city boasts one of the fastest growing economies in the U.S., with many Fortune 500 companies headquartered or operating here, from Bank of America to Wells Fargo to Lowes Home Improvement Stores and more. It is also a city where you can enjoy your time outdoors. Currently the median home value on Zillow is at $252,500 (decreased due to the effects of Covid-19 on the economy) while listing prices are at a median of $292,000. Charlotte, North Carolina is often referred to as The Queen City and there are so many great reasons why! Aside from that, the economy is growing. Tell us in comments. Pop (sicle) a bottle of bubbly. The city is considered to be a relatively new city that is still developing as many of the people living in Charlotte, NC arent sure if thats a pro or a con. One of the most dangerous parts of driving around Charlotte is other drivers. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'combadi_com-leader-1','ezslot_7',104,'0','0'])};__ez_fad_position('div-gpt-ad-combadi_com-leader-1-0'); It is also a city of the warm and the cold, which is perfect, especially if you cannot decide which of the two you would like. This area is BOOMING! Charlotte levels with the rest of the country when it comes to the cost of healthcare. Make sure you set your schedules around it. The housing market in the city of Charlotte is thriving, excelling, and managing to overcome the citys crime rates. Job Market. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'combadi_com-medrectangle-4','ezslot_3',124,'0','0'])};__ez_fad_position('div-gpt-ad-combadi_com-medrectangle-4-0');Here, I will be discussing most of the reasons why you should move to Charlotte if you have been planning to. The best way to get rid of them is with mosquito repellent. Of course, there will always be bad sides. However, if you play things right, this can be advantageous. There are galleries, museums, restaurants, parks, and much more. In addition to these major employers, there are countless small businesses and start-ups that help create an environment ripe for economic success. Panthers Founder Dies + High School Opens Beauty Salon, NC Senator Runs For Lt. There are few jobs other than low-skill service jobs, which dont pay well because theres nothing else to do in Charlotte. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'combadi_com-leader-4','ezslot_16',105,'0','0'])};__ez_fad_position('div-gpt-ad-combadi_com-leader-4-0'); Here, you can find cultures and immigrants from different nations. Here, I will discuss a few things you must consider before moving. Temperatures vary between 31 and 51 degrees so you probably wont be needing thick coats or gloves too often. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'combadi_com-mobile-leaderboard-1','ezslot_17',141,'0','0'])};__ez_fad_position('div-gpt-ad-combadi_com-mobile-leaderboard-1-0');The weather in Charlotte is not extreme. A person making $20 an hour would need to work 60 hours just to make enough to pay one month's average rent. 8. However, even if it is cheaper, the variance from the national average is not huge. There are many areas where you can live in Charlotte, NC which means that there are also many areas where you can go. Many people spend their entire lives here, so they dont experience other cultures. #7. The growing number of people in Charlotte means one thing. 3. According to a study from US News, about 17 percent of the states population suffers food insecurity. In fairness, there are worse places to live than Albemarle. Even if it is still considered a new city, Charlotte has had its fair share of history, some that even placed it in the history books of the nation. This east coast state has seen the arrival of 848,000 new residents since the 2010 census, which is an 8.9% population increase. This only makes the Charlotte metropolitan area grow in rank as well. Niche, a tool that helps new residents find excellent schools, gives the Charlotte metropolitan area a B+ in the public school category, which is significantly higher than many other large U.S. cities. Compared to other cities, we have very few cultural outlets and there are only so many football games you can attend. Landing is a network of furnished apartments for rent across the country. Some of the top golf courses in the city of Charlotte include the Quail Hollow Club, the Charlotte Country Club, and Myers Park Country Club. The cost of living in Charlotte is lower than in other cities along the East Coast. The Cost Of Living Reflects Charlotte's Growth. The cost of living in Charlotte averages about 1% lower than the national average. 1.2 2. During 2019 the real estate market in Charlotte, NC managed to increase in value by 4.5%. In addition to countless other gallery spaces throughout the area, visitors can also enjoy performances at venues like Blumenthal Performing Arts Center or take part in annual events such as the Charlotte Jazz Festival or CineMatek Film Festival. Its not uncommon for these congested roads to take 10 minutes or more to navigate through during peak hours. The Drake is an exceptional assisted living community located in Concord, North Carolina. By clicking "Subscribe," you'll receive occasional emails from Landing. The ever-increasing population means an increasing list of talent for companies, too. (8 Major Reasons), Why is Florida So Popular? Overall Score 6.5 /10. Living in the Queen City, though, you'll likely eat out a lot. With all of that history some might find it weird that Charlotte is considered a new city, but it is. From its roots as a small trading post known as Charlotte Town to its modern-day status as an international hub for art, culture, commerce, education, and entertainment, Charlotte NCs history is truly something to behold! This is mostly due to the citys reasonable housing, utility, and grocery prices. Con: Limited public transit. This can be seen as an opportunity. Good news, though: houses are cheap. And that is that more and more companies will look at the city as a new hub for investments. #JEAH! However, the typical home value here has shot up an impressive 22.1% in the last year, edging up near $375,000 in May 2021 well over the city's overall typical home value. During this time, there is no need for you to invest in layers and layers of clothing. We already covered the traffic that might give people reasons not to move to Charlotte, NC but the growth continues. A crossbreed of a Bichon Frise and a Cavalier King Charles Spaniel, the Cavachon makes for a loyal, energetic, and lovable pet. Its not because of the quality of the roads, but because of the distance from point A to point B. You'll find that Charlotte is very clean on average, this is mostly due to the fact it is a "newer" city and a lot of the growth is very recent. In conclusion, living in Charlotte NC can be a great experience for those looking for warm weather, growing job opportunities, and a variety of entertainment options. The soil in and around Charlotte is made up of a lot of clay, which can make it difficult to grow vegetables. With the growing population comes some repercussions. It means that the air can be unhealthy and polluted. Charleston is the largest city in the U.S. state of South Carolina, the county seat of Charleston County, and the principal city in the Charleston-North Charleston metropolitan area. Kannapolis, NC. Insider came up with a list of the worst things about living in each state, with flaws ranging from minor ones like "too many hipsters," to major ones like "a high range of drug overdoses." The . This can be seen through the few languages spoken by most citizens and the limited types of food available around town. Native Hawaiian or Pacific Islander: 0.06%. Established in 1768 by Queen Charlotte, this city has grown to become the largest city in North Carolina and the second-largest banking center in the United States. 2. The ocean, as we already covered in the pros, is 3 and a half hours away and within the city of Charlotte there is no large lake or body of water. As a Charlotte resident you can also use Meet Up, an app for people to engage with other people who are interested in the same activities. Notable neighborhoods. Drake Concert History. Its population is still growing having surpassed 873,000 residents as of 2018 which is also the reason why the city is constantly changing and reinventing itself. Here's an idea of how much things cost when moving to Charlotte, as reported by Payscale: Energy bill: $153.91. The real estate market that we have in Charlotte, NC has a recent history of being among the best real estate markets for long term investments in the U.S. The Bechtler Museum of Modern Art features works by renowned artists like Picasso and Warhol. To maintain your standard of living in Charlotte, NC, you'll need a household income of: $67,318. It later progresses and discusses the ups and downs of living in this iconic city. Charlotte, North Carolina. With that said, the city is less expensive than other major cities. Charlotte has a history of managing hurricanes and their aftermath. However, Charlotte, NC crime rates dont seem to affect the influx of new residents and as new residents need housing, the housing market isnt badly affected. While this factor isnt necessarily a con for all residents, the traffic in downtown Charlotte can make car ownership a bit challenging. But, Charlotte is growing fast and the cost of living keeps edging up higher every year. The most populous city of North Carolina, Charlotte is also the county seat for the county of Mecklenburg. Housing is also more affordable here but by only a mere 1%. Nightlife. We have the USNWC and lots of hikes within a reasonable distance. According to Payscale, the cost of living in Charlotte is 5% lower, and housing is also 14% lower than the national average. Your email address will not be published. As for cycling, well, just dont try it unless you enjoy risking your life. Golf. Your email address will not be published. With all the huge cranes that are busy with construction throughout the city, new residential developments and business headquarters can be seen popping up everywhere. But in the long run, this problem can get to you. When you compare Charlotte, however, with the rest of North Carolina, Charlotte is more expensive. Aside from finance, the trucking and freight industries are also growing in the city. Today they're permanent residents of the country and considering naturalization."We're just a couple of normal people. One of the major cons of living in Charlotte is its limited public transit options. However, many of the locals are reserved and difficult to get to know. The largest universities are the University of North Carolina at Charlotte (in 2017, 7,158 degrees were awarded), Central Piedmont Community College (2,997 degrees), and Queens University of Charlotte (705 degrees) . One thing that could be improved on is the lack of rich cultural roots. Charlotte is more than just NASCAR and its other sports. Bustling business. It is also more affordable than most cities in North Carolina. Here, you can hike or climb a mountain. #30 in Best Places to Live. As of March 2023, the average apartment rent in Charlotte, NC is $1,469 for a studio, $1,436 for one bedroom, $1,681 for two bedrooms, and $1,982 for three bedrooms. With only one light rail line connecting downtown with University City and two bus services, many areas of the city are not easily accessible. 13. About 15 percent of West Virginias population, by comparison, has food insecurity. There are so many other places to explore and learn from. Also, in recent years, Charlotte saw positive growth in its job market, which is 2.7%. Like & Share with friends and family and see what they have to say about the Queen City. The city lies just south of the geographical midpoint of South Carolina's coastline on Charleston Harbor, an inlet of the Atlantic Ocean formed by the confluence of the Ashley, Cooper, and Wando rivers. 1. To people from New York, Charlotte will seem like the off season when everyone is in the Hamptons in the summer. Location: 1945 East 7th Street, Charlotte, NC 28204. For now, however, you wont find areas with communities separated by economical, racial or ethnical differences, which is good, but there also arent many ethnic restaurants or shopping areas besides from malls. It is not the most expensive either. The weather in Charlotte is milder compared to most cities. (For more news like this, find your local Patch here. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[468,60],'combadi_com-medrectangle-3','ezslot_11',123,'0','0'])};__ez_fad_position('div-gpt-ad-combadi_com-medrectangle-3-0');Are you planning to move to Charlotte anytime soon? For those looking to relive Civil War battles, Historic Rosedale Plantation offers tours showing off its restored buildings along with interactive activities like blacksmithing demonstrations. And so, with the growing economy and job market, what more could you ask from a city? The worst thing about living in Charlotte is the congestion. 1.3 3. The city rarely reaches temperatures below freezing, but a Charlotte resident will still experience the benefits of seasonal changes: Summers tend to be hot, but North Carolinas location offers more reasonable weather compared to more southern areas of the country. With a still growing population diversity and a median age of 34, Charlotte was ranked the most diverse city in North Carolina at the start of 2020 and the population is currently as follows: White: 49.54%. Between 2017 and 2018, the growth of residents was at 13,000. However, the variance is not that significant. State: North Carolina County: Mecklenburg County Metro Area: Charlotte-Concord-Gastonia Metro Area City: Charlotte Zip Codes: 28269 , 28277 , 28215 , 28227 , 28216 , 28210 , 28205 , 28212 , 28262 , 28213 , 27 total Cost of Living: -0.3% lower Time zone: Eastern Standard Time (EST) Elevation: 769 ft above sea level I have a good job making good money ($36-39k) but still cannot afford. Recent reports show that tech jobs are abundant in the Charlotte metro area. Theres no escaping the heat: the humid summer months bring high temperatures that arent pleasant for anyone. As stated above, Charlotte is the largest city in North Carolina and is only trumped by the city of Jacksonville, Florida as the largest city in the Southeastern U.S. Having been charted all the way back in 1768 by European settlers under the Kings rule which he named it after his wife, Charlotte, and named the surrounding area after her birthplace in Germany, which is now known as Mecklenburg county. We have a massive brewery scene. Dont take our word for it, go find out for yourself. If you love food, the influences of the South are vital here. There arent many people that would move to a city that has more violence than the national average. Overall, Greensboro's crime rate is higher than the national average. The odds stand at 1 in 122 that a resident or visitor could become the victim of a violent crime and a 1 in 27 chance of becoming the victim of property crime. Over that period of five years, there were also about 117,000 jobs created. In addition, theres no such thing as a cool breeze there, so keep your AC on at all times. 10 Things You've Grown To Undeniably Hate If You're From North Carolina. Giants like Bank of America, Lowes, and the US Trust and Compass Group have their bases in Charlotte. Also, traffic for Charlotte is like traffic outside of rush hour for even larger cities. 1. housing costs vs income rates. That's 6% below the national average for food and grocery. During this time, visitors cant enter the park and there are no services available inside. There are more than 100 breweries in the area: If you like beer, youre going to love Charlotte. Furthermore, in March of 2020 the numbers kept growing. 15. The Civil War brought both Union troops and freed slaves to the area. Winters are mild and brief but it does snow from time to time. With a median salary greater than the U.S. average and an unemployment rate of 4.9% in 2017, Charlotte has an appealing job market that draws in professionals from all over the nation. Black or African American: 35.09%. It is possible that they will want to keep a lot on hand, because they cant resist someone with sweet blood Sorry and if you dont have any mosquito repellant on you, then its time for an emergency supply run. I know you are looking at Charlotte as the ideal place to work. What is the average home price in High Point NC? Also Read // 8 Good and Bad things about living in Alabama. You do have Catawba River and Creek as well as Steele Creek but thats about it. Theres even a pray on the move bus that drives around town to make sure nobody is left out of their church on Sunday morning. Browse adorable Cavapoochon puppies for sale in North Carolina from our network of 850+ trusted breeders. The article begins with a brief introduction and highlights the things Charlotte city is famous and known for! North Carolina's charm, climate, diversity, and job opportunities have drawn more people to move to the Tar Heel state than ever before. 10. City Guide With a still growing population diversity and a median age of 34, Charlotte was ranked the most diverse city in North Carolina at the start of 2020 and the population is currently as follows: I agree to receive FREE real estate advice. This is especially necessary for those who live in one of Charlottes many suburbs, such as Davidson, Belmont, or Fort Mill. The options are endless and youll struggle to schedule in all the activities available. Catch a Panthers game at the Bank of America Stadium, situated comfortably on 33 acres and located right off I-277. The city has grown and grown, with an influx of people moving to the area every day. This makes Charlotte a part of the 20% cities in the U.S. for the increase of housing prices. Lil Wayne and Drake performed live on their joint tour last night at the PNC Music Pavilion in Charlotte, North Carolina. Traffic congestion can be problematic in the downtown area and key access points. 10830 Lawyers Rd, Charlotte, NC 28227. Here, sales taxes can reach about 7.3%. Public Transportation Doesnt Make Life In Charlotte Any Easier. Another perk of living in Charlotte is the low cost of living compared to other large cities. Required fields are marked *. Higher Education When Living In Charlotte, 18. People who are living their best retired years. The cost of housing is cheaper than the national average. It has the finance industry as its flagbearer and is home to the countrys second-largest banking center, next to New York City. My wife Amy was a rep in real estate. The area also has a variety of higher education opportunities that range from community colleges to universities. What is the Tax Benefits of Buying a Home? 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The worst part is that there are no signs telling you what street youre on or which direction to go, so its up to you and your sense of direction. Charlotte is a city that has something for everyone from the cultural amenities of the Uptown area to the outdoor activities of the greater Charlotte region. Darrell Bushnell and his wife Amy have been traveling to Nicaragua for 15 years. Religion is a way of life when you start living in Charlotte. She currently lives in Salem, Massachusetts, with her partner and dog, Arlo, but relishes any opportunity she can to travel so she can try new foods, see gorgeous sights, and daydream about living somewhere new after visiting there for less than 24 hours. Notwithstanding knowing the bad things about living in Charlotte, Charlotte is a great place to live and work, but its not perfect. 2. Recently, the Charlotte housing market forecast for 2020 was that it will continue to grow by 3.8% by 2021.