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Coldwell Banker Residential Brokerage - Chatham, 840 Newport Center Drive Ste. Thats an increase of $8,500 in the period of one month. It may be a problem people shove under the rug. The cost of living in Charlotte averages about 1% lower than the national average. All you need is a jacket, and youre good to go. With the growing population comes some repercussions. Whether youve recently moved to Charlotte or have been living in the area for years, you might not be aware of some of the bad things about Charlotte NC that exist. Sign up for free Patch newsletters and alerts. Also, more and more people are using the citys public transportation system. Job Market. Its a melting pot thats still melting and mixing, combining cultures as it tries to find its own definition. So lets see why does the real estate market in Charlotte, NC attracts so many investors as well as new residents. North Carolina's charm, climate, diversity, and job opportunities have drawn more people to move to the Tar Heel state than ever before. However, income taxes are high at 5.5%. Nightlife. Add to its diversity or help it find its culture. 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. 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. The best way to get rid of them is with mosquito repellent. If youre planning on moving to the Charlotte area, youll want to take the proper safety precautions for the following weather events: That being said, Charlotte is certainly not a bad place to live in terms of weather. As one of the largest cities in North Carolina, Charlotte is home to hundreds of delicious and unique eateries. It is never too hot. North Carolina (and the Southeast in general) is no stranger to inclement weather. While Charlotte certainly offers the convenience of an urban area, you shouldnt expect the same nightlife as larger U.S. cities. In Charlotte, you have several activities that can keep you occupied most of your free time. The majority of the housing stock is either old, dilapidated, or both. It can also be short. Drake Concert History. In order for the housing market to be successful and thriving it has to satisfy the necessities of the citys possible new residents. Its overwhelming at first and it doesnt help that there is no shortage of churches to choose from. This makes Charlotte a part of the 20% cities in the U.S. for the increase of housing prices. Public Transportation Doesnt Make Life In Charlotte Any Easier. It also is a hub for finance and technology companies such as Wells Fargo, American Airlines, and Red Hat. With an abundance of trails, parks, and greenways there are endless possibilities for adventure. As the 6th fastest growing city in the U.S., the city of Charlotte, NC continues to grow. In Charlotte there are a lot of restaurants, coffee shops, and parks. There are plenty of jobs available if you know where to look; just not necessarily right on Main Street. The battles and struggles of the past were left in the history books as the city moved towards a future that shared the pieces of the pie to any and all its residents. Outdoor recreation in Charlotte is plentiful and varied. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'combadi_com-large-mobile-banner-2','ezslot_12',136,'0','0'])};__ez_fad_position('div-gpt-ad-combadi_com-large-mobile-banner-2-0');If you want the mountains, it is about a couple of hours away by car to Asheville. Sq. 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. Browse adorable Cavapoochon puppies for sale in North Carolina from our network of 850+ trusted breeders. 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. Nestled near the Southwestern border, North Carolinas largest city, Charlotte, is a place like no other. Many people spend their entire lives here, so they dont experience other cultures. 2. 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) . 13. Recent reports show that tech jobs are abundant in the Charlotte metro area. The best way to avoid this problem is to live and work as close together as possible or work from home with a telecommuting job. Pro: the job market in the city is on an upwards trajectory. 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 . Notwithstanding knowing the bad things about living in Charlotte, Charlotte is a great place to live and work, but its not perfect. The moment you get off the plane, you are met with people preaching and handing out pamphlets. You can come here, decide what you want to do with your life and find your path. While it is a sought after destination for people looking to relocate, living in Charlotte, NC has both pros and cons. One of the best aspects of living in Charlotte is its booming economy. 7. #7. 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 Today, the state is home to the second largest banking capital in the U.S., behind only New York City, top notch universities and 11 Fortune 500 companies. Those looking for a mild climate may want to look elsewhere as storms are not uncommon during the summer months with hail being a regular occurrence when thunderstorms roll through. You can also swim in the lakes in these mountains. You should try to visit there sometime. The astounding lack of both character and culture in Charlotte is confusing, but it makes finding those hidden gems that much better. However, like every city, Charlotte has its own set of perks and challenges that a future resident should be aware of. To maintain your standard of living in Charlotte, NC, you'll need a household income of: $67,318. There was a jump of over 13,000 new residents between 2017 and 2018. 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. Furthermore, in March of 2020 the numbers kept growing. 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. The cost of living in Charlotte averages about 1% lower than the national average. Like & Share with friends and family and see what they have to say about the Queen City. Darrell Bushnell and his wife Amy have been traveling to Nicaragua for 15 years. 1. housing costs vs income rates. 1. Like us to see our daily real estate updates! The Panthers are the five-time NFC South champions, so even if you're not a Panthers fan now, you may just become one. This percentage is not much compared to the national average. As its constantly growing, its like a clean slate for many new residents. Cost of living: The cost of living in Charlotte, NC, is about 5 percent below the national average. The variance may not be huge. Also Read // 8 Good and Bad things about living in Alabama. Several jobs related to healthcare have also sprouted in the job market in recent years. 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? It has a lower cost of living than other major cities. 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%. First of all, these are the top 10 North Carolina pros and cons: Great sense of community. 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. The most dangerous neighborhoods lie in the southern and eastern sections of the city, so prospective residents . The average salary in Charlotte vs Raleigh is the same: $68,000 per year. Charlotte at a Glance: Population: Charlotte's population is nearly 880,000, according to the 2021 Census estimate. (8 Main Reasons), Why is Kentucky so poor? It can be hot on certain occasions, but it can never be too hot. There is a dark side concerning taxes in South Carolina: Sales taxes. With these aside, moving to Charlotte is ideal even if you are raising a family. 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. For these reasons, most Charlotte residents rely on their cars to get around. And because of its diverse population, there is always a different kind of festival. Like most cities, Charlotte has a variety of neighborhoods in different parts of the city and each has its own unique feel. If you are from another state like Texas, the traffic here may take some time to sink in. Aside from that, the economy is growing. 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. Abundant outdoor activities. First, the unemployment rate here is lower than the national average. The city has many amazing vintages finds located throughout the downtown area. The cost of transportation is cheap in Charlotte. 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. If you adore the ocean, you can have it close to you. The Bechtler Museum of Modern Art features works by renowned artists like Picasso and Warhol. The hot and humid summers in Charlotte can reach temperatures up to 100 degrees with high humidity making it hard to stay cool. Many of these jobs are from the more established companies. From Charlotte, you are also a few hours away from Atlanta or Charleston. 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. Asian: 6.54%. That's 6% below the national average for food and grocery. 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. Currently, in Charlotte, North Carolina, the average gallon of milk costs $1.82, a loaf of bread $3.12. The Charlotte crime rate is 4,665 crimes per 100,000 people. The total income needed is . And that is that more and more companies will look at the city as a new hub for investments. Charlotte is famous for racing. 16. As for mountains, you have a short 2 hour drive to Asheville where you can climb mountains or swim in mountain lakes as much as your heart desires. Sports. Traffic congestion can be problematic in the downtown area and key access points. When you compare Charlotte with the national average, it is about 1.1% lower. What we mean to point out is that diversity is in the history of the city of Charlotte and the more it grows the more diverse it becomes. Apartment rent in Charlotte has increased by 2.2% in the past year. Lil Wayne and Drake performed live on their joint tour last night at the PNC Music Pavilion in Charlotte, North Carolina. There are 739 violent crimes/100k people and 3,926 property crimes/100k people. Average rent: The average rent for an apartment in Charlotte is $1,639 per month. Temperatures vary between 31 and 51 degrees so you probably wont be needing thick coats or gloves too often. Charlotte is a major hub for big-name corporations and as a result, has one of the highest rates of cost of living. This is especially necessary for those who live in one of Charlottes many suburbs, such as Davidson, Belmont, or Fort Mill. 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. Many families and young professionals live in Charlotte and residents tend to lean liberal. 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 can be difficult to find diversity here if you dont go looking for it. This rate is higher than the national average of 4.6%. Browse our available apartments in Charlotte today. Downtown is a maze. citylightsrooftop.com. 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. 2. We will discuss these more later. Two of the top employers in the city are Bank of America and Wells Fargo. 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. And I assure you, no sign of the growth stopping anytime soon. Related Article // Interesting & famous things Arizona State is known for. And so, with the growing economy and job market, what more could you ask from a city? 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. Higher education is a significant factor when deciding where to live. In fact, the median home price in Charlotte is $178,000, and the median monthly rent is $966. As we already noted, in Charlotte you get access to both the beach and mountains. 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. When it comes to safety well, the Charlotte, North Carolina crime rates arent a bragging element. Here's why. Pay attention and invest in the next new, hot and happening neighborhood in an effort to make better revenues. Charlotte has some of the worst traffic in the country. 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. Charlotte: 17,545 . So if you're thinking of moving to North Carolina, you're not . Today they're permanent residents of the country and considering naturalization."We're just a couple of normal 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. With that said, the city is less expensive than other major cities. If you like all the exciting places the world has to offer, you have definitely come to the right place. The beach is only 3 and a half hours away from Uptown Charlotte and the mountains are about 2 hours away. 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. List of the Pros of Living in Charlotte, NC. 10 Top Pros and cons of living in Canada vs UK. It means that there are enough opportunities here. Wadesboro suffers a 15.3% unemployment rate and a 32.3% poverty rate. According to a study from US News, about 17 percent of the states population suffers food insecurity. 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. And with the US averaging a 6% unemployment rate, you can rest assured that you will easily find jobs in Charlotte than anywhere else. Denise 2022-09-14 My tour at Charter Senior Living of Charlotte was fine, but they weren't able to accommodate my brother. Charlotte is a great city, like most places it has issues..Have you ever thought . 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. Avg. For example, if you want an apartment thats close to work, youll be paying at least $900 per month. flickr/John Rees. As for cycling, well, just dont try it unless you enjoy risking your life. 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. 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. During 2019 the real estate market in Charlotte, NC managed to increase in value by 4.5%. 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. One of the most notable is the fantastic education system available to children and young adults. 4. 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. Coffee shops are a great place to meet up with friends and catch up on life. This means longer waits at stop lights, more crowded highways, and greater potential for accidents. We get lots of concerts. Living in the Queen City, though, you'll likely eat out a lot. Perfect for the changing seasons and close enough for you to be able to take advantage of the best of both worlds. Beds. 5 in the country for food insecurity. At that time it reached 873,000 residents and there are no intentions for it to stop growing anytime soon. According to PayScale, the cost of living in Charlotte is approximately 5% lower than the national average. The city is cheaper than most of the country. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Charlotte. Charlotte boasts an incredibly affordable cost of living. If you are deciding where to live in Charlotte, NC, Landing is here to help. The city of Charlotte, NC is a prosperous metropolitan area that attracts people from all over the country within its borders. If there is one thing about Charlotte, it is its perfect location.Here, you get to have access to beaches and mountains. This can be seen through the few languages spoken by most citizens and the limited types of food available around town. To underline its amazing growth, we can also look at the job market which is now the 8th fastest growing job market in the U.S. Industries like Aerospace & Defense, Automotives, Biotechnology & Pharmaceuticals, Business & Financial Services and Energy are all a part of this growth that also brough 6 Fortune 500 companies in Charlotte, NC. View All 17 Photos . 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%). The people of Clanton Park-Roseland could use some prayers met. The ever-increasing population means an increasing list of talent for companies, too. Overview. Let us start with the good things you can expect when you live in Charlotte, NC. Don't let the seemingly high crime rate in Charlotte, NC scare you. Therefore left is right, "stop" means "go," and every day is opposite day. 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). Despite the large population size, there are very few immigrants from different countries that make up the citys culture. 1.3 3. The nearby Uwharrie National Forest also provides a great spot to explore the great outdoors with its miles of hiking trails and various camping spots as well as fishing options in its numerous lakes. South Charlotte is always red because its more upper class. Are you moving to Charlotte anytime soon? The growing number of people in Charlotte means one thing. 10. PRO: Cost of Living in Charlotte, NC. Before you commit to becoming a full-blown Charlottean, take a look at living in Charlotte, NC pros and cons: Pro: Delicious food. Yes, thats how traffic is for Charlotte but some people may find it as a con. We have the USNWC and lots of hikes within a reasonable distance. Charlotte is nestled between two lakes, Lake Norman and Lake Wylie, both accessible in under an hour by car for boating, swimming and fishing. It is also a city where you can enjoy your time outdoors. Some of Charlottes best bars and clubs include: Charlotte has a stable job market and plenty of thriving industries, making it a great place to live for young professionals and those looking for job opportunities. It has the finance industry as its flagbearer and is home to the countrys second-largest banking center, next to New York City. NASCAR made this city home for many years. However, compared to the national average, you will get it cheaper here. Because the food scene is one of the biggest perks of living in Asheville! And it continues to grow as the years go by. From over-the-top advertising to potholes, here are 20 bad things about living in Charlotte NC that you should know about. The Civil War brought both Union troops and freed slaves to the area. Flickr / Matthew Paulson. Having a growing melting pot of diversity, creativity and southern charm, an abundance of beautiful parks and nature, while also hosting metropolitan skyscrapers, its no wonder why people love the city of Charlotte! But in the long run, this problem can get to you. North Carolinas cities are subsequently home to highly educated professionals in the fields of technology, business, finance, medicine, and more. Comment below if for any reason you think we overlooked something that just screams Charlotte, NC. 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! But the ball keeps rolling. The same is valid with food and groceries, utilities, and transportation. I mean, the brilliantly beautiful changing leaves are alright. At this time, the temperatures can go between 57 to about 90 degrees. There are many things to love about living in Charlotte, but its affordable cost is the best! NFL fans have much to enjoy in Charlotte--it's the home of the Carolina Panthers! Your email address will not be published. Gas prices are typically higher than in other major cities such as Chicago. With a list of pros of living in Charlotte, NC, we also have a list of cons. People are friendly but reserved. According to Zillow, the average home value in Greenville is about $230,000, which is up about 9% since last year. There arent many people that would move to a city that has more violence than the national average. 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. Charlotte is also prone to tornadoes and hurricanes because of its location near the Atlantic Ocean. 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. There are a few pros and cons of living in Cedar City, Utah. Thankfully, I was able to avoid hitting any pedestrians or cars and maintain control of my vehicle until I got off the road. 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. The lower unemployment rate is good news, especially for those seeking jobs in Charlotte. Over the years, residents are seeing the traffic getting increasingly congested. In addition to these major employers, there are countless small businesses and start-ups that help create an environment ripe for economic success. About 15 percent of West Virginias population, by comparison, has food insecurity. You can peruse through racks upon racks of well-curated items that are sure to make any outfit stand out from the crowd! Also, traffic for Charlotte is like traffic outside of rush hour for even larger cities. 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. The Mint Museum, Levine Museum of the New South and Bechtler Museum of Modern Art are sources of local culture.