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Is moving to Charlotte NC right for you in 2023?

Charlotte is the largest city in North Carolina and home to many remarkable neighborhoods that make living in the city a worthy experience.

If you’d like to live in a city with a low cost of living, lots of amazing outdoor activities, and tons of passionate communities, moving to Charlotte NC will be perfect for you.

Charlotte NC is home to 9 Fortune 500 companies and 18 Fortune 1000 companies driving the city’s job market. The city attracts tons of Millenials from across the country and its moderate home affordability rate makes it a great place for families.

If you’re considering moving to Charlotte and need facts about the city to make an informed decision, this guide contains all you need to know about Charlotte, North Carolina.

QuickFacts

Quick facts to note before moving to Charlotte, NC

  • The median age of Charlotte’s residents is 33.6. U.S. median age is 37.4
  • Charlotte’s job market has grown by 2.7% over the past year
  • The median home value in Charlotte is $288,271
  • The average hourly pay rate for the average hourly job is $28.10 an hour
  • Charlotte’s future job growth over the next 10 years is predicted to hit 45.2%
  • Charlotte NC average one way commute time is 25.3 minutes

What’s the population of Charlotte NC?

Charlotte is home to 826,060 people and many more people are attracted to the beautiful city. Since you may likely move to Charlotte, here’s a breakdown of the city’s population:

  • Charlotte NC has a population density of 2,694 people per square mile
  • Median age of Charlotte’s residents is 33.6. U.S. median is 37.4
  • Charlotte has 2.6 people per household

How is the weather like in Charlotte NC?

If the weather is on your checklist of key things to consider before moving to Charlotte NC, we’ve collated important data about the city’s weather and climate. Check out the stats below:

  • On average, Charlotte NC gets 43 inches of rain per year. U.S. average is 38 inches
  • On average, Charlotte NC gets 2 inches of snow per year. U.S. average 28 inches
  • There are 218 sunny days per year in Charlotte NC. U.S. average is 205 sunny days
  • Charlotte NC average 105 days of precipitation per year
  • The July summer high in Charlotte NC is 90 degrees
  • The January winter low in Charlotte NC is 30 degrees

How fast can you commute in Charlotte NC?

Charlotte NC average one way commute time is 25.3 minutes. That’s less than the national average of 26.4 minutes. If you’re moving to Charlotte NC, a shorter commute time is one of the key things to consider.

  • About 76.6% of Charlotte NC residents drive their own car alone
  • Up to 10.2% of Charlotte NC residents carpool with others
  • 6.3% Charlotte NC residents work from home
  • About 3.5% of Charlotte NC residents take mass transit
Reasons

Top 10 reasons to move to Charlotte NC

There are tons of amazing reasons why moving to Charlotte NC could be right for you.

While it’s impossible to list every reason, here we’ve listed the top ten reasons why moving to Charlotte NC may be a great idea:

  • Home affordability rate is moderately high in Charlotte
  • Charlotte has a booming job market
  • You’ll enjoy lots of amazing outdoor activities in Charlotte
  • There’s never a boring moment in Charlotte
  • The quality of life in Charlotte is great
  • Charlotte has a low cost of living
  • Charlotte has tons of charming neighborhoods
  • There’s never a dull moment for sports fans in Charlotte
  • Charlotte is a foodie haven
  • Charlotte is home to top-quality schools

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pros and cons of Mobile

Pros & Cons of Moving to Bennington, VT

Just as every city, Bennington too has got its own share of pluses and minuses.

Before you pack the bags here, knowing both the pros and cons of moving to Bennington is a good idea.

The pros
  • Charlotte NC has a low cost of living
  • Charlotte NC has a booming job market
  • You’ll have access to lots of job opportunities in Charlotte NC
  • The city has a dependable public transport option
  • There are so many things to explore outdoor in Charlotte NC
  • Charlotte NC residents love the community
  • You will experience all four seasons in Charlotte NC
  • Nightlife is always fun-filled in Charlotte NC
  • If you love golfing, you’d love Charlotte NC
  • Charlotte NC is a green city with lots of parks
  • You’ll get the chance to travel and explore if you move to Charlotte NC
  • You’ll enjoy a mix of culture in Charlotte NC
The cons
  • Traffic can be a problem in the downtown area and key access points
  • Residents in Charlotte can be very religious
  • Sometimes Charlotte NC feels like an empty city
  • Mosquitoes can be a problem in Charlotte NC
  • The soil in Charlotte NC makes it hard to grow a garden
  • You’ll have to deal with hurricanes and their aftermath
  • Lack of exposure to other cultures is a problem for many people
  • Most jobs are in tech and finance only
Neighborhoods

Where are the best neighborhoods to live in Charlotte NC?

Moving to Charlotte means getting the chance to live in some of the best neighborhoods in the city. We’ve made a list of the top ten best places to live in Charlotte to make it easier for you to streamline your house hunting:

Rank City Population Median Income
1 Davidson, NC 12,735 $124,853
2 Tega Cay, NC 10,412 $130,918
3 Marvin, NC 6,553 $206,469
4 Weddington, NC 10,794 $136,891
5 Waxhaw, NC 15,237 $111,642
6 Stallings, NC 15,554 $85,193
7 Huntersville, NC 55,980 $102,016
8 Wesley Chapel, NC 8,974 $124,760
9 Matthews, NC 32,044 $84,594
10 Cornelius, NC 29,256 $90,542
Cost Of Living

What’s the cost of living in Charlotte NC?

Charlotte NC cost of living is rated 98.9. the United States average is 100. This means the cost of living in Charlotte NC is lower than the United States average

Housing in Charlotte, North Carolina

If you’re interested in buying a home after moving to Charlotte NC, we have key information about the city’s housing market. Charlotte NC is located in Mecklenburg County. The median home value for homes in Mecklenburg County is $288,271.

  • Over the last ten years, home appreciation in Charlotte NC has increased by 34.9%
  • Currently, home appreciation in Charlotte NC is up by 9.6%
  • About 59.6% of Charlotte NC residents are homeowners

Median rental cost in Charlotte NC

Renting a home can be a good housing option if you’re moving to Charlotte NC. About 40.6% of the city’s residents are renters and up to 2.4 homes and apartments are available to rent. Here’s the median cost of renting a home in Charlotte NC:

  • The average cost of a studio apartment in Charlotte NC is $965
  • The average cost of a 1-bedroom home or apartment in Charlotte NC is $989
  • The average cost of a 2-bedroom home or apartment in Charlotte NC is $1,133
  • The average cost of a 3-bedroom home or apartment in Charlotte NC is $1,530
  • The average cost of a 4-bedroom home or apartment in Charlotte NC is $1,961
Job Market

Charlotte’s job market

Charlotte NC is home to 9 Fortune 500 companies and 18 Fortune 1000 companies. Even more, Charlotte is now rated as the second-largest banking center in the country. Second only to New York City.

Whether you’re considering getting a job after moving to Charlotte NC or not, having a good knowledge of the city’s job market is a good idea.

What’s the unemployment rate in Charlotte NC?

If getting a job after moving to Charlotte NC is one of your priorities, we’ve collated key data about the state’s job market. This will give you an idea of what to expect after moving to Charlotte NC.

  • The unemployment rate in Charlotte is 4.2%. The national average is 3.7%
  • Charlotte’s job market has grown by 2.7% over the past year
  • Charlotte’s future job growth over the next 10 years is predicted to hit 45.2%
  • The national average future job growth is 33.5%

What are the top Industries in Charlotte NC?

To get a better idea of the various industries powering Charlotte’s economy, we’ve made a list of the top industries in the city. Since you’re considering moving to Charlotte, this will give you a better idea of what to expect when you move to the city. Here’s a list of the top industries in Charlotte:

  • Advanced manufacturing
  • Automotive industry
  • Financial services
  • Healthcare
  • Information technology
  • Logistics and distribution

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What’s the median salary in Charlotte NC?

The average annual pay for the average hourly job in Charlotte NC is $58,449 a year. If you’re moving to Charlotte NC, you may be interested in the average hourly pay rate in the city. Here’s a simple analysis of what you’ll most likely earn if you move to Charlotte, NC:

  • The average hourly pay rate for the average hourly job is $28.10 an hour
  • The average weekly pay rate for the average weekly job is $1,124 a week
  • The average monthly pay rate for the average monthly job is $4,871 a month
  • North Carolina’s minimum wage is $7.25 an hour

How safe is Charlotte NC?

Safety is always a major concern before moving to any big city. Since you’re considering moving to Charlotte NC, you’d most likely be interested in the city’s crime rates. We’ve collated key data about the city’s crime rates to give you a head start. Here they are:

  • The violent crime rate in Charlotte NC is rated 34.3. The national average is 22.7
  • The property crime rate in Charlotte is 53.6. US average is 35.4
  • A total of 5,988 violent crimes were reported in Charlotte NC
  • A total of 30,866 property crimes were reported in Charlotte NC
  • Charlotte NC is safer than 7% of United States cities
  • The citizen to officer ratio in Charlotte NC is 376
Taxes

Taxes in Charlotte NC

If you’re moving to Charlotte NC, the total local sales tax rate is 7.250%. Here’s a breakdown of Charlotte’s sales taxes.

  • North Carolina state sales tax rate is 4.750%
  • Mecklenburg County sales tax rate is 2.500%
  • Charlotte sales taxes rate is 0.000%
  • Overall sales tax rate is 7.250%
  • Charlotte income tax rate is 5.5%

North Carolina tax info

If you’re moving to Charlotte from out of North Carolina, your taxes may be different from North Carolina’s taxes. Here’s a simple breakdown of North Carolina taxes:

  • North Carolina income tax is 5.25% flat rate
  • North Carolina sales tax is 6.75% - 7.50%
  • Average effective rate of property taxes in North Carolina is 0.77%
  • North Carolina gas tax is 36.10 cents per gallon both of regular gasoline and diesel
Things To Do

What is Charlotte NC most known for?

Over the years, Charlotte NC has become known for several key reasons.

Since you’re considering moving to Charlotte NC, we’ve made a list of the key things the city is mostly known for. Here they are:

  • Freedom Park
  • Charlotte Museum of History
  • Bechtler Museum of Modern Art
  • U.S. National Whitewater Center
  • Carolinas Aviation Museum
  • Levine Museum of the New South
  • Hendrick Motorsports Museum
  • The Mint Museum
  • Historic Rosedale Plantation
  • Daniel Stowe Botanical Garden
  • NASCAR Hall of Fame
  • Billy Graham Library
  • Discovery Place
  • Paramount's Carowinds

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School

Best Schools & Universities in Charlotte NC

Charlotte NC is home to several top-quality schools. Moving to Charlotte NC gives you the chance to live in several top-quality school districts

Whether you have school-age kids or not, living in a top-quality school district area can be a key benefit in the long run.

There are 166 public schools and 47 private schools in Charlotte NC. Schools in the city have 17 pupils per teacher, 465 children per counselor, and 900 students per librarian.

Contact Info

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