City Guide 1. If there is one thing that you should watch out for in Charlotte, it is the cost of healthcare. It really depends on where youre coming from and what youre accustomed to. As for cycling, well, just dont try it unless you enjoy risking your life. 15. Its not because of the quality of the roads, but because of the distance from point A to point B. To maintain your standard of living in Charlotte, NC, you'll need a household income of: $67,318. Albuquerque vs. Denver - Where is the best place to live? It could be because with the growth of population comes the growing number of cars. Charlotte, NC. One of the most notable is the fantastic education system available to children and young adults. If youre determined to try your hand at gardening, you might want to start with plants like sunflowers, which are easier to grow even if the soil isnt perfect. It will get there in due time, it just hasnt reached that point yet. Charlotte, North Carolina Crime Rate & Safety. It means that the air can be unhealthy and polluted. With so much focus on providing citizens with quality educational resources, Charlotte stands as one of the top cities for those seeking an excellent academic experience for their families and loved ones. Pro: Good education. Job growth overall has been at 2% since 2010, which compares favorably with Detroit at 0% or St. Louis at 1%. Also Read // 8 Good and Bad things about living in Alabama. Job Market. In fact, the median home price in Charlotte is $178,000, and the median monthly rent is $966. Over the years, residents are seeing the traffic getting increasingly congested. 1. housing costs vs income rates. A lot of people are not from Charlotte/NC. There was a jump of over 13,000 new residents between 2017 and 2018. 10830 Lawyers Rd, Charlotte, NC 28227. 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. Theres always something new happening in Charlotte and Im sure youll find your niche soon enough! Keep in mind that the average commute for Charlotte residents is 26 minutes, so factoring in rush hour traffic can lead to travel times upwards of 30 minutes to an hour if youre working in the city. Charlotte is more than just NASCAR and its other sports. While Charlotte certainly offers the convenience of an urban area, you shouldnt expect the same nightlife as larger U.S. cities. Most pay between 6.75% to 7%, although there are a handful of counties where the rate is 7.5%. This means that the cost to live in this city is astronomically high. Catch a Panthers game at the Bank of America Stadium, situated comfortably on 33 acres and located right off I-277. 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. Avg. 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. There are cities with unemployment rates that are higher than Albemarle's rate of 7.8%. The growth is twice the rate of growth seen by most cities in the country. You should try to visit there sometime. The side effect of the melting pot and the accelerated growth is that the residents are just now beginning to form an original Charlotte culture or DNA, if you will. Because of the acceptable traffic it may not seem like a lot but the miles will add up in time. Active retirees will love this suburb's numerous well-maintained city parks. What's your top complaint about life in North Carolina? 8. Because the food scene is one of the biggest perks of living in Asheville! 2. Living in Charlotte offers residents an urban suburban mix feel and most residents own their homes. You can score an affordable ticket on the LYNX rail system, but the stops are pretty limited to the downtown area. Actually, they're very comparable. This can mean that you have no need to leave the area for basic needs and that can be seen as a loss, because the city is beautiful and the residents should be witnesses to that beauty. Cost of living: The cost of living in Charlotte, NC, is about 5 percent below the national average. The median rent in Charlotte is $929.39, and the median cost of a home is $296,685both of which are quite a bit lower than other American cities, like New York, Los Angeles, and Chicago. Gas prices are typically higher than in other major cities such as Chicago. A crossbreed of a Bichon Frise and a Cavalier King Charles Spaniel, the Cavachon makes for a loyal, energetic, and lovable pet. Traffic congestion can be problematic in the downtown area and key access points. With growth comes more residents, with more residents come more cars, and with more cars comes traffic. If youre interested real estate agents in Charlotte, NC will help you with tips about the current feel of the market and guide you towards the best investment possible. Compared to other cities, we have very few cultural outlets and there are only so many football games you can attend. Shop-till-you-drop types will love SouthPark mall, the city's upscale destination with . Apartment rent in Charlotte has increased by 2.2% in the past year. As its constantly growing, its like a clean slate for many new residents. 4. Between 2017 and 2018, the growth of residents was at 13,000. In order for the housing market to be successful and thriving it has to satisfy the necessities of the citys possible new residents. With these aside, moving to Charlotte is ideal even if you are raising a family. 1.1 1. 1. Whether were talking about sports (Football - Carolina Panthers; Baseball - Charlotte Knights; Hockey - Charlotte Checkers; NASCAR; Golf), areas to explore or culture to absorb there is something happening every day. It is never too hot. It is not the most expensive either. Cost of living. Charlotte is also near the area known as the Research Triangle. This North Carolina staple refers to the three nearby universities of: Not only does the Research Triangle offer exceptional educational and cultural opportunities, but these nearby universities also contribute to the areas booming economy. The most populous city of North Carolina, Charlotte is also the county seat for the county of Mecklenburg. Charlotte is nestled between two lakes, Lake Norman and Lake Wylie, both accessible in under an hour by car for boating, swimming and fishing. There's a neighborhood north of uptown on Tryon (practically surrounds the area NC Music Factory is located in) that ranked #11 on highest crime rate per capita in the US, tied with 8-10 iirc and wasn't much less than Atlanta's neighborhoods which made up . This can make it difficult for those who rely on public transportation to get around town or commute from one side of the city to another. Hello there and welcome to our website! Despite having a bus and train line, Charlotte is definitely a driving city. As one of the largest cities in North Carolina, Charlotte is home to hundreds of delicious and unique eateries. North Carolina is an amazing state to live in. So lets see what the city has to brag about and some of the reasons why you should move to Charlotte, NC. Charlotte is a great place to live, with friendly people and a thriving economy. 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. Downtown is a maze. Bri Hand is Landing's Content Marketing Manager. / As a result, Wadesboro suffers from a lack of economic opportunity - the main strike against the community as it ranks at number 1 on the list of the state's worst hometowns. Wood serving tray provides convenience for your daily use in the kitchen, dining room, living room, coffee table, and is also a 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. 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.". From its diverse array of boutiques and local shops to its sprawling malls with all your favorite stores, Charlotte NC is a shoppers paradise. Public transportation can provide some relief from this issue but isnt always reliable or convenient enough for everyones needs. As Charlotte is spread out, you will require a car to get to where you are going and you will feel the miles. Theyre everywhere. The cost of housing is cheaper than the national average. There are so many other places to explore and learn from. Landing is a network of furnished apartments for rent across the country. It is also more affordable than most cities in North Carolina. Thats an increase of $8,500 in the period of one month. Charlotte is a city of many outdoor and indoor activities.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'combadi_com-narrow-sky-1','ezslot_20',140,'0','0'])};__ez_fad_position('div-gpt-ad-combadi_com-narrow-sky-1-0'); if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'combadi_com-leader-2','ezslot_13',142,'0','0'])};__ez_fad_position('div-gpt-ad-combadi_com-leader-2-0');There is no time for boredom to foster here. According to a 2019 DataUSA study, Charlotte boasts several promising figures in terms of its job market: Now that you have learned the pros and cons of living in Charlotte NC, nows the time to find a place to stay. The US Department of Agriculture (USDA) defines food insecurity as a state in which consistent access to adequate food is limited by a lack of money and other resources at times during the year, Insider said, adding that US News ranked the state No. Contents hide. Cost of Living in Charlotte, North Carolina. As a good location for long term investments in general, you might consider investing in property here for its great potential. It has the finance industry as its flagbearer and is home to the countrys second-largest banking center, next to New York City. However, compared to the national average, you will get it cheaper here. No matter what type of shopping youre in the mood for, Charlotte has something special waiting for you. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'combadi_com-banner-1','ezslot_6',125,'0','0'])};__ez_fad_position('div-gpt-ad-combadi_com-banner-1-0');Plus, the cost of living here is lower than the national average. When I say that the city has a respiratory problem, I mean that the citys air quality is not the best. 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. Its not unusual to spend an hour or more on a commute from one side of the city to the other, and thats only if youre lucky enough to find a lane thats moving at all. 7. Also, in recent years, Charlotte saw positive growth in its job market, which is 2.7%. North Carolina (and the Southeast in general) is no stranger to inclement weather. So if you're thinking of moving to North Carolina, you're not . Let us start with the good things you can expect when you live in Charlotte, NC. There are several family-friendly attractions here.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'combadi_com-box-4','ezslot_5',103,'0','0'])};__ez_fad_position('div-gpt-ad-combadi_com-box-4-0'); The quality of life is high, the residents are friendly, and you have many activities to keep you occupied. There are even a herd of top financial advisor firms ready to help you get your finances on track. The same is true with the energy sector. It can also mean more savings for you if you work here. What makes Charlotte more ideal is its thriving economy. Here, sales taxes can reach about 7.3%. You will want to keep a lot of mosquito repellent handy. The cost of living in Charlotte, NC is 2.6% higher than in Orlando, FL. Temperate weather and mild winters. When it comes to safety well, the Charlotte, North Carolina crime rates arent a bragging element. Here's an idea of how much things cost when moving to Charlotte, as reported by Payscale: Energy bill: $153.91. The area also has a variety of higher education opportunities that range from community colleges to universities. The Panthers are the five-time NFC South champions, so even if you're not a Panthers fan now, you may just become one. Despite the large population size, there are very few immigrants from different countries that make up the citys culture. And because of its diverse population, there is always a different kind of festival. Before moving to Charlotte, let's get you acquainted with its charm by noting these main selling points and areas of interest. Charlotte NC (Image Credit: Extra Space Storage) Charlotte has a rich and vibrant history that is full of interesting stories and facts. The housing prices have been on a constant climb. If youre coming from Greensboro,NC., you might find the few moments of congestion a bit annoying. The lower unemployment rate is good news, especially for those seeking jobs in Charlotte. The total income needed is . That can mean location, pricing, quality of life, education and safety. Charlotte at a Glance: Population: Charlotte's population is nearly 880,000, according to the 2021 Census estimate. Though there are some downsides to living in Charlotte, such as extreme weather and traffic issues, these can easily be outweighed by the citys many positives. In this article, we will explore the good and bad things about living in Charlotte North Carolina. The same type of job in the same type of company in Charlotte, NC will typically pay $61,704 . There are many things to love about living in Charlotte, but its affordable cost is the best! However, income taxes are high at 5.5%. 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. 100, Newport Beach 92660, 2309 Center Street Ste. There are plenty of jobs available if you know where to look; just not necessarily right on Main Street. Con: Limited public transit. There are galleries, museums, restaurants, parks, and much more. Here are the cities and towns in North Carolina that have the highest number of properties at risk of flooding. Social assistance, insurance, and retail industries are also doing well. Charlotte will welcome you with that amazing southern charm and youll be hooked in no time. View All 17 Photos . It's not terrible. First, the unemployment rate here is lower than the national average. Religion is a way of life when you start living in Charlotte. Required fields are marked *. Higher education is a significant factor when deciding where to live. From over-the-top advertising to potholes, here are 20 bad things about living in Charlotte NC that you should know about. PRO: Cost of Living in Charlotte, NC. But no state is perfect (no matter how much you love it), and North Carolina is no different. For example, if you want an apartment thats close to work, youll be paying at least $900 per month. The cost of living is 3.98% lower in Charlotte, NC. Like most cities, Charlotte has a variety of neighborhoods in different parts of the city and each has its own unique feel. Overall Score 6.5 /10. The median rent for a two-bedroom apartment is $1,173. Charlottes downtown has a maze of one-way streets and confusing intersections, making it hard to find your way around. For those who like to support small businesses and makers, there are dozens of artisan markets and craft fairs throughout the year where you can find handmade goods that have been crafted with love by local artisans. 2. This weather makes the city an ideal place for people to move in. Charlotte boasts an incredibly affordable cost of living. 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. After all, there are places where people are earning less than the $44,269 most Albemarle residents are doing. Charlotte is among the cities with the largest Black population growth. The worst thing about living in Charlotte is the congestion. It is not the cheapest in North Carolina. If you adore the ocean, you can have it close to you. You can move here and decide how to move forward with your life. Here you will see people from different walks of life, different backgrounds, nationalities or races coming together in order to become a whole of something new. NASCAR made this city home for many years. The ever-increasing population means an increasing list of talent for companies, too. The City is a Foodie's Paradise. With hundreds of fully furnished apartments in Charlotte, flexible and short-term leases, and even pet-friendly options, finding your new home will be a piece of cake. Average rent: The average rent for an apartment in Charlotte is $1,639 per month. Its gonna be hot and humid in July and August so invest in an AC and get a pool membership. Its not always a fun experience for out-of-towners, but if you know where youre going, there are some great restaurants and shops to be found, with that said, if you need help finding anything (or anyone), just ask a local theyll be more than happy to help. Higher Education When Living In Charlotte, 18. My wife Amy was a rep in real estate. 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.. From its roots as a small trading post known as "Charlotte Town" to its modern-day status . 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. The largest African American population growth has been in less populated cities such as Fort Worth; Columbus, Ohio; Jacksonville, Florida; and Charlotte, North Carolina. Temperatures vary between 31 and 51 degrees so you probably wont be needing thick coats or gloves too often. While Charlotte won't win any awards for 'cheapest American city,' our cost of living is affordable. 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? By clicking "Subscribe," you'll receive occasional emails from Landing. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'combadi_com-mobile-leaderboard-2','ezslot_18',129,'0','0'])};__ez_fad_position('div-gpt-ad-combadi_com-mobile-leaderboard-2-0');Diversity has always been in the veins of Charlotte. This can be seen clearly in the way in which the city is still developing. Aside from finance, the trucking and freight industries are also growing in the city. However, like every city, Charlotte has its own set of perks and challenges that a future resident should be aware of. If there is one thing about Charlotte, it is its perfect location.Here, you get to have access to beaches and mountains. Its not uncommon for these congested roads to take 10 minutes or more to navigate through during peak hours. You do have Catawba River and Creek as well as Steele Creek but thats about it. You will never run out of cool stuff to do here. Coffee shops are a great place to meet up with friends and catch up on life. Statewide, the rate is 6%. Black or African American: 35.09%. However, before you decide to move here, let me get a few things straight. 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. 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. 2. Public transportation doesnt make life in Charlotte any easier. Keeping to the trend so far, Clanton Park-Roseland ranks as the number 8 worst spot in Charlotte for 2022 because of its economy. There is no shortage of things to do in Charlotte, NC. One of the drawbacks to living in North Carolina is that income and sales taxes are high. Two of the top employers in the city are Bank of America and Wells Fargo. In the past, the city was under colonization by the Europeans. Charlotte is a great city with many opportunities, but its not for everyone. 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. Aside from that, the economy is growing. Woodruff 3-Tier Round Serving Tray 19"x30" by A&B Home (7) $98. What is the average home price in High Point NC? The city has seen more than $1 billion in new construction over the last year: All this new development means there are plenty of places to live, work, and play. Crime rates are high and the schools are terrible. This east coast state has seen the arrival of 848,000 new residents since the 2010 census, which is an 8.9% population increase. The cost of housing is cheaper than the national average. Charlotte is a major hub for big-name corporations and as a result, has one of the highest rates of cost of living. According to PayScale, the cost of living in Charlotte is approximately 5% lower than the national average. Winters here are mild. When the country averages a 6% unemployment rate, Charlotte sits at 4.9%. Fortunately, you wont have to travel far for urban convenience and excitement in North Carolina! The city, beautiful and just east of the Catawba River, is a great place to live. That's 6% below the national average for food and grocery. And so, whether you are Asian or African, Latino or European, you will always feel at home here. For many people Charlotte, NC is a city of possibilities and opportunities at a low cost of living. The facility was clean and very well-kept. The options are endless and youll struggle to schedule in all the activities available. Wadesboro suffers a 15.3% unemployment rate and a 32.3% poverty rate. Bustling business. A considerable number of investing companies can only mean growth in its economy and finances. (8 Main Reasons), Why is Kentucky so poor? Cons of Living in Greenville SC. From hipsters to southern debutants - uh, we're all basically the same, y'know. What I can assure you about Charlotte is its job growth. Port Charlotte, located in southwest Florida, is a small and quiet town. The unemployment rate in the city does not reach the 5% mark. Another perk of living in Charlotte is the low cost of living compared to other large cities. Save my name, email, and website in this browser for the next time I comment. One thing that could be improved on is the lack of rich cultural roots. 10 Things You've Grown To Undeniably Hate If You're From North Carolina. Answer (1 of 22): There is definitely the stark racial divide, however - as time goes forward, it has gotten better - I live here now. It has a lower cost of living than other major cities. And with the US averaging a 6% unemployment rate, you can rest assured that you will easily find jobs in Charlotte than anywhere else. For these reasons, most Charlotte residents rely on their cars to get around. Charlotte is a great place to live, but it has a lot of room for improvement. Charlotte has a history of managing hurricanes and their aftermath. It can also be short. Many families and young professionals live in Charlotte and residents tend to lean liberal. Pro: the job market in the city is on an upwards trajectory. And so, with the growing economy and job market, what more could you ask from a city? It can be difficult to find diversity here if you dont go looking for it. The city's cost of living is 1% lower than the national average, while cost of housing is 2% lower than the national average. For example, Fort Mill has been called one of the best small towns in America for gardening due to its fertile red earth. 5,900 new listings, 4,800 pending sales and a median home price of $271,500. Both of these cities are unique destinations. 9. Lil Wayne and Drake performed live on their joint tour last night at the PNC Music Pavilion in Charlotte, North Carolina. It is not the most expensive either. One of the most dangerous parts of driving around Charlotte is other drivers. The winters are also mild and short. Charlotte Living Is Cheap. Darrell Bushnell and his wife Amy have been traveling to Nicaragua for 15 years. This rate is higher than the national average of 4.6%. Before you commit to becoming a full-blown Charlottean, take a look at living in Charlotte, NC pros and cons: Pro: Delicious food. C, Deer Park 77536, Real estate news, strategies and insights. Credit. Rent Trends. This could be a drawback as most people go to the ocean for weekend trips and very few decide to drive all the way to Myrtle Beach in the morning only to return at night. If they do however, the decrease could be brief and short lived. It also is a hub for finance and technology companies such as Wells Fargo, American Airlines, and Red Hat. Home prices here are well below the national average and renters can find great deals too. Some of the worst things about living in various other states included: To read the complete "the worst thing about living in each state" list, visit Insider.