It also is a hub for finance and technology companies such as Wells Fargo, American Airlines, and Red Hat. Whether its NASCAR or Golfing, the great outdoors or the Bank of America Stadium, music or roller coasters, the city of Charlotte, North Carolina has plenty of ways to hypnotise its visitors. The moment you get off the plane, you are met with people preaching and handing out pamphlets. The weather in Charlotte is milder compared to most cities. There are plenty of jobs available if you know where to look; just not necessarily right on Main Street. Traffic congestion can be problematic in the downtown area and key access points. Browse adorable Cavapoochon puppies for sale in North Carolina from our network of 850+ trusted breeders. You can find a yoga class in a park somewhere. 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. To give you some perspective, local rents have climbed 45% since 2010. Those are relatively close as well, it all depends on what you want for your weekend. Before you commit to becoming a full-blown Charlottean, take a look at living in Charlotte, NC pros and cons: If theres one thing Charlotte, North Carolina, is known for, its the food scene. Contents1 Is Charlotte a bad [] Cost of Living in Charlotte, North Carolina. Charlotte at a Glance: Population: Charlotte's population is nearly 880,000, according to the 2021 Census estimate. If there is one thing that you should watch out for in Charlotte, it is the cost of healthcare. As such, your monthly paycheck can go further along. Asian: 6.54%. The Carolina Panthers. Despite the large population size, there are very few immigrants from different countries that make up the citys culture. This is higher than the national average of $949. History. The soil in and around Charlotte is made up of a lot of clay, which can make it difficult to grow vegetables. It means that there are enough opportunities here. 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. Traffic congestion can be problematic in the downtown area and key access points North Carolina (and the Southeast in general) is no stranger to inclement weather. South Charlotte is always red because its more upper class. For example, the state income tax maxes out at 7.75% for people who make less than $24,000 per year. 1. Then, there were years of slavery and the booming of the industrial revolution. The cost of living is 3.98% lower in Charlotte, NC. Despite having a bus and train line, Charlotte is definitely a driving city. I used to be an operational manager for a large finance firm. Relax and read it through! 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. 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. Compared to other cities, we have very few cultural outlets and there are only so many football games you can attend. The median rent for a two-bedroom apartment is $1,173. Housing is also more affordable here but by only a mere 1%. #62 in Best Places to Retire. I am so glad to see a fellow traveler. (For more news like this, find your local Patch here. Abundant outdoor activities. Charlotte is also prone to tornadoes and hurricanes because of its location near the Atlantic Ocean. If youre coming from Greensboro,NC., you might find the few moments of congestion a bit annoying. 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. 100, Newport Beach 92660, 2309 Center Street Ste. A lot of people are not from Charlotte/NC. The only public transportation available is the LYNX light rail system, which has a limited number of routes. Winter brings its own set of issues with temperatures dropping into the 20s at times and snow occasionally coating roads, making travel treacherous. 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. Among the cities of North Carolina, the city of Charlotte manages to stand out through its position as a commercial hub, sports hub and artistic culture. Yes, thats how traffic is for Charlotte but some people may find it as a con. The Levine Museum of the New South showcases some amazing artifacts from throughout the regions history, while visitors can also take a stroll through Fourth Ward Park to enjoy views of uptown and learn about its past. You will never run out of cool stuff to do here. With that said, the city is less expensive than other major cities. The city of Charlotte, NC didnt have time to create its own culture which is why it is still a young city, still bending at every turn and morphing into what the population needs the city to be. Answer (1 of 22): There is definitely the stark racial divide, however - as time goes forward, it has gotten better - I live here now. 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. (8 Major Reasons), Why is Florida So Popular? 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 . During 2019 the real estate market in Charlotte, NC managed to increase in value by 4.5%. Charlotte at least tries to gentrify the hell out of areas. Whether for you or a loved one, Mint Hill Senior Living offers a caring atmosphere, an active community, and a comfortable, secure lifestyle for our residents. 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. The cost of housing is cheaper than the national average. However, if you are moving from major cities like New York or Chicago, the traffic in Charlotte is regular. We have beautiful scenery, friendly people, an awesome culture, and great food! PRO: Cost of Living in Charlotte, NC. If you love food, the influences of the South are vital here. There are few jobs other than low-skill service jobs, which dont pay well because theres nothing else to do in Charlotte. The majority of the housing stock is either old, dilapidated, or both. 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. 2. As people keep moving to Charlotte there is a constant demand for housing. Recently, the Charlotte housing market forecast for 2020 was that it will continue to grow by 3.8% by 2021. 3. It is the same as the national average. Don't get me wrong, I couldn't imagine living in Asheville without a car, but it's easy to get where I need to go. If you are deciding where to live in Charlotte, NC, Landing is here to help. However, localities can add as much as 3%, potentially topping out at a 9% hit to your wallet . From strict leases to unfurnished spaces, searching for a Charlotte apartment can be tricky when youre on a time crunch. Taught British General Cornwallis a lesson in the 1780 Battle of Charlotte who fled like from "a hornet's nest of rebellion"; Became a hotspot through railroads in the late 1850s; Gave up on cotton and slavery for industrianization in the 1860s reaching 4,500 residents in 1870; Began its textile revolution in the 1880s with Charlotte Cotton Mill that still stands to this day; Grew from 20,000 residents to 100,000 in 40 years by 1940; Businesses, NASCAR, the music scene and campus life blossomed and its still growing today. Charlotte is a great city, like most places it has issues..Have you ever thought . First of all, these are the top 10 North Carolina pros and cons: Great sense of community. Nestled near the Southwestern border, North Carolinas largest city, Charlotte, is a place like no other. There are many other options for higher education, such as Johnson C Smith University, Davidson College, and the Queens University of Charlotte. Here, I will discuss a few things you must consider before moving. Provides: Assisted Living, Memory Care. People are friendly but reserved. However, unlike many people any . Before you commit to becoming a full-blown Charlottean, take a look at living in Charlotte, NC pros and cons: Pro: Delicious food. - South End for easy rail access, lots and condos, walkability to restaurants and bars. Overall Score 6.5 /10. There are even a herd of top financial advisor firms ready to help you get your finances on track. It can also mean more savings for you if you work here. There is also the Outer Banks region which is a lean stretch of land separated from the mainland that works as a resort. The total income needed is . The city, beautiful and just east of the Catawba River, is a great place to live. All public schools are highly rated, with some of the best teachers and staff members throughout the entire state. 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. 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. Over that period of five years, there were also about 117,000 jobs created. So lets see what the city has to brag about and some of the reasons why you should move to Charlotte, NC. 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. There arent many people that would move to a city that has more violence than the national average. 1.2 2. It is also a city where you can enjoy your time outdoors. 2. This can be seen through the few languages spoken by most citizens and the limited types of food available around town. East Carolina University is also located nearby and offers many undergraduate and graduate degree programs. Temperatures vary between 31 and 51 degrees so you probably wont be needing thick coats or gloves too often. 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. The same type of job in the same type of company in Charlotte, NC will typically pay $61,704 . Charlotte is more than just NASCAR and its other sports. It is also a Gamma+ global city. If you dont work in finance or tech, your job opportunities could be slim. Sq. Good news, though: houses are cheap. 4. 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 You will want to keep a lot of mosquito repellent handy. Make sure you set your schedules around it. Its not uncommon for these congested roads to take 10 minutes or more to navigate through during peak hours. While walking is still feasible for many areas of town, it can be hard to make your way through pedestrian-unfriendly neighborhoods where crosswalks are few and far between. Whether youre coming from New York in search of a more peaceful community or youre moving from Salisbury, NC seeking a job in financial services, Charlotte is the perfect mix to make everyone feel confident that they found exactly what they are looking for. For example, Fort Mill has been called one of the best small towns in America for gardening due to its fertile red earth. There are more than 100 breweries in the area: If you like beer, youre going to love Charlotte. One of the most dangerous parts of driving around Charlotte is other drivers. Darrell Bushnell and his wife Amy have been traveling to Nicaragua for 15 years. Foliage schmoliage. 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%). With that said, the city is less expensive than other major cities. The largest African American population growth has been in less populated cities such as Fort Worth; Columbus, Ohio; Jacksonville, Florida; and Charlotte, North Carolina. The lower unemployment rate is good news, especially for those seeking jobs in Charlotte. 2. However, even if it is cheaper, the variance from the national average is not huge. From biking along the Little Sugar Creek Greenway where visitors can experience nature through their own two wheels to kayaking on Lake Wylie where locals can spend the day relaxing on the water theres something here for everyone!Charlottes Little Sugar Creek Greenway (Creator: Roots Rated). Additionally, while the CATS bus line has over 70 stops throughout the city, riders can only hop on if they have exact changewhich is not exactly the most convenient method of transportation. So if you're thinking of moving to North Carolina, you're not . Your email address will not be published. Bri Hand is Landing's Content Marketing Manager. Another frustrating aspect of living in Charlotte is that many of the citys parks have limited hours: two mornings a week from 6 am until 9 am, or three evenings a week from 6 pm until dusk. This makes Charlotte a part of the 20% cities in the U.S. for the increase of housing prices. flickr/John Rees. While the tranquility of rural North Carolina can be a great place to recharge, many residents crave the hustle and bustle of the big city. Living in Charlotte, NC isn't that expensive especially because the cost of living there is about 5% lesser than the national . Charlotte. When the country averages a 6% unemployment rate, Charlotte sits at 4.9%. Other than an old mall with little to no stores and two bowling alleys, children in Port Charlotte do not have much to do. When you compare Charlotte, however, with the rest of North Carolina, Charlotte is more expensive. If youre looking for something new, try taking an art class or going out to eat at one of our local restaurants. Both of these cities are unique destinations. On certain occasions, you may not even notice the difference. Black or African American: 35.09%. Also, the city is home to about six Fortune 500 companies, all providing residents with stable jobs. No One Is Actually From Charlotte. 1.1 1. 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. Drake Concert History. 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. We have the USNWC and lots of hikes within a reasonable distance. There is a dark side concerning taxes in South Carolina: Sales taxes. 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. Catch a Panthers game at the Bank of America Stadium, situated comfortably on 33 acres and located right off I-277. The city has many amazing vintages finds located throughout the downtown area. Many of these jobs are from the more established companies. We get lots of concerts. In February of 2020 there were 4,700 new homes listed on the market, an increase of 2.2% since Feb. 2019, also there were 4,900 pending sales for homes which is also an increase of 24.8% since Feb 2019 and the median home price went to $263,000, an increase still of 11.9% since February of 2019. 25 Warmest and Cheapest Place to Live in Canada, 15 Best Places to Retire in Florida Without Hurricanes, 15 Best Retirement Communities in Florida for Singles, How to Apply for Permanent Residence in Canada from Outside Canada, 12 Top Dance Schools in Chicago With Their Websites, 10 Top Mental Hospitals in Toronto & Their Details, 10 Top Mental Hospitals in Michigan & Their Details, 10 Top Mental Hospitals in Colorado Springs, 8 Top Mental Hospitals in Alberta: The Best Guide. Still, the housing market is affordable, accessible and attractive for both investors as well as new residents. Like many people our age, we've traveled overseas quite a bit. But in the long run, this problem can get to you. Actually, they're very comparable. Strong winds from hurricanes or other storm systems can cause property damage and power outages that last for days or even weeks at a time. The worst thing about living in Charlotte is the congestion. Apartment rent in Charlotte has increased by 2.2% in the past year. Before moving to Charlotte, let's get you acquainted with its charm by noting these main selling points and areas of interest. Add to its diversity or help it find its culture. The city is a sprawling mess, with the population and density of a small town. 9. Traffic congestion can be problematic in the downtown area and key access points. 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. The city is cheaper than most of the country. A crossbreed of a Bichon Frise and a Cavalier King Charles Spaniel, the Cavachon makes for a loyal, energetic, and lovable pet. 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. 1. Perfect for the changing seasons and close enough for you to be able to take advantage of the best of both worlds. If you have an iPhone, click here to get the free Patch iPhone app; download the free Patch Android app here.). 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. But, Charlotte is growing fast and the cost of living keeps edging up higher every year. Notable neighborhoods. 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. This makes it difficult to save up enough money for future goals or emergencies. Winters here are mild. The city was founded as a cotton trading center, and the first large factory here was built by the Southern Manufacturing Company to build Confederate uniforms. A person making $20 an hour would need to work 60 hours just to make enough to pay one month's average rent. However, compared to the national average, you will get it cheaper here. Rising Housing Costs. There are times when it feels like no one lives in Charlotte. It grew by about 30% in the last five years. While Charlotte won't win any awards for 'cheapest American city,' our cost of living is affordable. Living in Baton Rouge, LA What is it like Pros and Cons, Living in Pittsburgh, PA What is it like Pros and Cons , unemployment rate, Charlotte sits at 4.9%, +12 Things to Do in Indianapolis Without a Car, +12 Things to Do in Arlington without a car, Top 11 Best Things to Do in Garland if Under 21, Living in Moreno Valley, CA What Is It Like Pros and Cons. Job growth overall has been at 2% since 2010, which compares favorably with Detroit at 0% or St. Louis at 1%. 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. During this time, visitors cant enter the park and there are no services available inside. As the 6th fastest growing city in the U.S., the city of Charlotte, NC continues to grow. Cost of living: The cost of living in Charlotte, NC, is about 5 percent below the national average. Unfortunately, the southeastern coast of the United States is prone to many natural disasters. The growth is twice the rate of growth seen by most cities in the country. Pro: Good education. There are only 12% of homes on the market that is affordable and available within 5 miles of downtown Charlotte; which means that most people need to move farther out from the city if they want a place they can afford. However, the variance is not that significant. / Higher Education When Living In Charlotte, 18. One thing that could be improved on is the lack of rich cultural roots. You can live in Charlotte for a lot less than you can a lot of other major cities. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'combadi_com-large-mobile-banner-1','ezslot_9',137,'0','0'])};__ez_fad_position('div-gpt-ad-combadi_com-large-mobile-banner-1-0');In Charlotte, you are never too far away from anything, hence, the perfect location. When I say that the city has a respiratory problem, I mean that the citys air quality is not the best. It means that the air can be unhealthy and polluted. To people from New York, Charlotte will seem like the off season when everyone is in the Hamptons in the summer. The cost of living in Charlotte, NC is 2.6% higher than in Orlando, FL. This weather makes the city an ideal place for people to move in. Notwithstanding knowing the bad things about living in Charlotte, Charlotte is a great place to live and work, but its not perfect. These areas, Introduction As the largest city in the state of Florida, Tampa has a variety of, Introduction Affluent black neighborhoods In Philadelphia can be found in the citys northwest and southwest, Copyright 2023 States Explora | Powered by Astra WordPress Theme, Interesting & famous things Arizona State is known for, 8 Good and Bad things about living in Alabama, 8 Best and worst things about living in Philadelphia, Pros and cons of living in cedar city utah | 2023, 13 Most affluent black neighborhoods in Dallas Texas, 10 Most affluent black neighborhoods in Tampa Florida, 12 Most affluent black neighborhoods in Philadelphia (2023), Why is Louisiana so poor? 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. All you need is a jacket, and youre good to go. And not just by a little bit: renters can expect to pay almost $400 more than what they would in other cities around the country. It is not the most expensive either. 10 Top Pros and cons of living in Canada vs UK. Charlotte is nestled between two lakes, Lake Norman and Lake Wylie, both accessible in under an hour by car for boating, swimming and fishing. What I can assure you about Charlotte is its job growth. Weather. Related Article // Interesting & famous things Arizona State is known for. The city's cost of living is 1% lower than the national average, while cost of housing is 2% lower than the national average. In fairness, there are worse places to live than Albemarle. Therefore left is right, "stop" means "go," and every day is opposite day. The result is a lot of traffic on the roads, which only gets worse during rush hours. While some do wish the beach was closer, remember, this city is a mix of old and new, warm and cold, beach and mountains which is perfect if youd like to have more options. Charlotte levels with the rest of the country when it comes to the cost of healthcare. This can be seen as an opportunity. This is especially necessary for those who live in one of Charlottes many suburbs, such as Davidson, Belmont, or Fort Mill. How you manage your finances will still determine your stability in the city. During this time, there is no need for you to invest in layers and layers of clothing. Save my name, email, and website in this browser for the next time I comment. Governor Seat + County Economy Recovering, Local Nonprofit Makes A Difference + Recruitment Event For Women. As we already noted, in Charlotte you get access to both the beach and mountains. We have a massive brewery scene. A considerable number of investing companies can only mean growth in its economy and finances. Loaf of bread: $3.12. Healthcare is not over-the-top expensive here. Those small establishments give a city its own color, flair and atmosphere. Let us start with the good things you can expect when you live in Charlotte, NC. Here's why. 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. Beds. Today they're permanent residents of the country and considering naturalization."We're just a couple of normal people. Because of this kind of development, every neighborhood has within itself everything that you could possibly want. Rent Trends. Furthermore, the surrounding cities that work as suburbs to Charlotte are growing at an even higher rate. Also, more and more people are using the citys public transportation system. Investing in the Charlotte, NC real estate market can provide a good long term profit, once the current climate changes. Landing is a network of furnished apartments for rent across the country. Because of the acceptable traffic it may not seem like a lot but the miles will add up in time. Downtown is a maze. To name just a few. 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. It is a mixture of the old and the new. However, there arent enough homes available on the market. You cant visit this southern jewel without learning about moonshine, NASCAR and the Fury325. The cost of living in Charlotte is lower than in other cities along the East Coast. 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. But no state is perfect (no matter how much you love it), and North Carolina is no different. Charlotte is a great city with many opportunities, but its not for everyone. The winters are also mild and short. 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. One of the best aspects of living in Charlotte is its booming economy. At this time, the temperatures can go between 57 to about 90 degrees. The Mint Museum RAMSAY with its impressive collection from ancient Egyptian artifacts to contemporary American art will leave you in awe.