We get lots of concerts. For many people Charlotte, NC is a city of possibilities and opportunities at a low cost of living. 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. For those who work outside of the city, the congestion creates a bottleneck for commuters trying to enter or exit the city. The only downside is that theyre almost always crowded, which can make it difficult to find a seat and get your order in within the first few minutes of opening. It is not the cheapest in North Carolina. If you want to go for a swim in the ocean, the closest option is Myrtle Beach at 3 and a half hours away in South Carolina. If you are deciding where to live in Charlotte, NC, Landing is here to help. Additionally, there is a noticeable lack of ethnic restaurants and activities that appeal to more than one racial group or ethnicity. Furthermore, in March of 2020 the numbers kept growing. From museums to battlegrounds, Charlotte has a wide range of historical sites that make it one of the most interesting cities in America. Charlotte is one of the growing and developing cities in the state in terms of economy and job market. And so, with the growing economy and job market, what more could you ask from a city? 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. My wife Amy was a rep in real estate. There are few jobs other than low-skill service jobs, which dont pay well because theres nothing else to do in Charlotte. At this time, the temperatures can go between 57 to about 90 degrees. You would have to earn a salary of $61,571 to maintain your current standard of living. As its constantly growing, its like a clean slate for many new residents. While it is a sought after destination for people looking to relocate, living in Charlotte, NC has both pros and cons. The Carolina Panthers. Although the surgeon population for the Charlotte area is beginning to minimize this advantage, the cost of living here is still lower than it is across the United States, and especially along the eastern seaboard. Black or African American: 35.09%. However, many of the locals are reserved and difficult to get to know. If you want you can find amazing resorts all around the creeks if youre looking for a quick getaway or simply if you want to just go to the ocean or the mountains as there are lakes and springs just 2 hours away surrounding Asheville. 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. Several jobs related to healthcare have also sprouted in the job market in recent years. Most pay between 6.75% to 7%, although there are a handful of counties where the rate is 7.5%. 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. Avg. No One Is Actually From Charlotte. Its a melting pot thats still melting and mixing, combining cultures as it tries to find its own definition. Thats an increase of $8,500 in the period of one month. To answer the OP's question. Charlotte has a rich and vibrant history that is full of interesting stories and facts. If you like all the exciting places the world has to offer, you have definitely come to the right place. Charlotte at a Glance: Population: Charlotte's population is nearly 880,000, according to the 2021 Census estimate. It later progresses and discusses the ups and downs of living in this iconic city. Some of the most popular joints in this city include: Whats more, if you have a dog, there are plenty of dog-friendly restaurants around this city to choose from. 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! It will get there in due time, it just hasnt reached that point yet. 10 Top Pros and cons of living in Canada vs UK. The unemployment rate in the city does not reach the 5% mark. 10. However, localities can add as much as 3%, potentially topping out at a 9% hit to your wallet . The city is cheaper than most of the country. 1. While there is no guarantee these extreme weather events will happen, they are something residents should be aware of before moving to Charlotte NC. 5,900 new listings, 4,800 pending sales and a median home price of $271,500. However, even if it is cheaper, the variance from the national average is not huge. Find a Yoga class, a festival, explore the culinary diversity, go hiking with friends or catch a match at the Bank of America Stadium or at a bar. 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. So lets see some cons of living in Charlotte, NC so you can decide if they might constitute as reasons not to move to Charlotte, NC. 1.3 3. A lot of people are not from Charlotte/NC. It could be because with the growth of population comes the growing number of cars. At that time it reached 873,000 residents and there are no intentions for it to stop growing anytime soon. Giants like Bank of America, Lowes, and the US Trust and Compass Group have their bases in Charlotte. Re: Worst part of living in Charlotte. This rate is higher than the national average of 4.6%. In the past, the city was under colonization by the Europeans. There are 739 violent crimes/100k people and 3,926 property crimes/100k people. 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. 2. This is higher than the national average of $949. Comfort Zone of the Carolinas offers HVAC in Rock Hill, A new report on the financial condition of the 75 most populous cities, 5 Charlotte Area New Open Houses Worth Checking Out, See The Latest Adoptable Pets At Charlotte Area Shelters. North Carolina's charm, climate, diversity, and job opportunities have drawn more people to move to the Tar Heel state than ever before. The average salary in Charlotte vs Raleigh is the same: $68,000 per year. The total income needed is . Seeing as the homes that are currently sold get a median price of $261,900 its likely that the effects of the pandemic did not manage to affect the actual real life value of homes yet, but we can only predict a possibility of a 1.2% decrease by 2021. 15. There are a few pros and cons of living in Cedar City, Utah. There are many things to love about living in Charlotte, but its affordable cost is the best! And with the US averaging a 6% unemployment rate, you can rest assured that you will easily find jobs in Charlotte than anywhere else. Aside from that, the economy is growing. The unemployment rate in Charlotte is 2.6%, which is better than the national average, but higher than other major cities like Boston (1.8%) or Atlanta (2%). This makes Charlotte a part of the 20% cities in the U.S. for the increase of housing prices. It is never too hot. The staff that I met were really in-depth. Despite having a bus and train line, Charlotte is definitely a driving city. Furthermore, while Charlotte has plenty of cabs and Ubers available, they can often be expensive and unreliable during peak times such as rush hour traffic or after dark. The soil in and around Charlotte makes it challenging to grow a garden. The cost of transportation is cheap in Charlotte. Living in Charlotte, NC isn't that expensive especially because the cost of living there is about 5% lesser than the national . Browse our available apartments in Charlotte today. Between 2010 and 2018 the Charlotte metro area became the 7th fastest-growing metropolitan area in the US. Save my name, email, and website in this browser for the next time I comment. Those are relatively close as well, it all depends on what you want for your weekend. Living in Charlotte, North Carolina has many advantages. Overview. There arent many people that would move to a city that has more violence than the national average. It will mark the "God's Plan" hitmaker's first. There is also the Outer Banks region which is a lean stretch of land separated from the mainland that works as a resort. If there is one thing about Charlotte, it is its perfect location.Here, you get to have access to beaches and mountains. In order for the housing market to be successful and thriving it has to satisfy the necessities of the citys possible new residents. Relax and read it through! The Annual Report of the South Carolina Housing Market compiled by South Carolina Realtors found closed sales increased 4% in 2019 to 91,140, while new listings increased 4% to 120,210. Charlotte has some of the worst traffic in the country. It is the same as the national average. 2. Also, the cost of living is lower than the national average. NFL fans have much to enjoy in Charlotte--it's the home of the Carolina Panthers! Perfect for the changing seasons and close enough for you to be able to take advantage of the best of both worlds. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Job growth overall has been at 2% since 2010, which compares favorably with Detroit at 0% or St. Louis at 1%. Port Charlotte, located in southwest Florida, is a small and quiet town. What makes Charlotte more ideal is its thriving economy. In fact, the continuous population growth affected the real estate market in a good way. The worst thing about living in Charlotte is the congestion. It is also a Gamma+ global city. Today they're permanent residents of the country and considering naturalization."We're just a couple of normal people. Its not uncommon for these congested roads to take 10 minutes or more to navigate through during peak hours. You can live in Charlotte for a lot less than you can a lot of other major cities. If you love food, the influences of the South are vital here. North Carolina (and the Southeast in general) is no stranger to inclement weather. Charlotte, North Carolina is often referred to as The Queen City and there are so many great reasons why! Before moving to Charlotte, let's get you acquainted with its charm by noting these main selling points and areas of interest.