The overall median sale price rose 7.5% to $215,000, though the number of homes available for sale dropped by 3.9%. Sure, its not New York City where you need to make $100,000 per year just to have enough money for rent, but its still expensive. 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. The cost of living in Charlotte averages about 1% lower than the national average. History. 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. Traffic congestion can be problematic in the downtown area and key access points. 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. East Carolina University is also located nearby and offers many undergraduate and graduate degree programs. Aside from that, the economy is growing. Housing is also more affordable here but by only a mere 1%. I am so glad to see a fellow traveler. Abundant outdoor activities. 4. Additionally, there is a noticeable lack of ethnic restaurants and activities that appeal to more than one racial group or ethnicity. Sales taxes in Charlotte are higher than in most cities in the country. With the growing population comes some repercussions. Best Places to Live in Charlotte, North Carolina Living in the Queen City, though, you'll likely eat out a lot. What I can assure you about Charlotte is its job growth. The city will be on the Worst Cities for Respiratory Infections list in 2021. The same is true with the energy sector. Don't let the seemingly high crime rate in Charlotte, NC scare you. Employers in Charlotte, NC typically pay 2.8% more than employeers in Orlando, FL. Please view our Disclaimer for more details. However, before you decide to move here, let me get a few things straight. Property taxes are also higher than in most areas in North Carolina because of the high quality of life enjoyed by residents. Low Income Apartments for Rent in Charlotte NC - 373 Rentals One reason people love living in Charlotte is the ability to play golf year-round. So if you're thinking of moving to North Carolina, you're not . We have the USNWC and lots of hikes within a reasonable distance. Winters here are mild. In addition to higher education, Charlotte is also home to several highly rated elementary, middle, and high schools. The city grew with several landmarks throughout its history: With a complicated history, Charlotte had the time to assimilate and mold itself to the needs of its residents. 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. It is also more affordable than most cities in North Carolina. The beach is only 3 and a half hours away from Uptown Charlotte and the mountains are about 2 hours away. Why Should You Get Onboard the Digital Marketing Bandwagon? It is the same as the national average. A considerable number of investing companies can only mean growth in its economy and finances. Job Market. 1.3 3. It means that there are enough opportunities here. 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. These Are The 10 Best Charlotte, NC Suburbs To Retire In Charlotte: 17,545 . Home prices here are well below the national average and renters can find great deals too. 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. It is not the most expensive either. In 2018, about 873,000 new residents flocked to Charlotte to live and work. So, lets see what the Queen city is all about, shall we? There was a jump of over 13,000 new residents between 2017 and 2018. There are even a herd of top financial advisor firms ready to help you get your finances on track. It can also be short. Over that period of five years, there were also about 117,000 jobs created. There are also reports that crime rates may be increasing as people start coming back into town to reclaim homes left behind during Hurricane Katrina and Rita. If they do however, the decrease could be brief and short lived. NFL fans have much to enjoy in Charlotte--it's the home of the Carolina Panthers! 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. People are friendly but reserved. Many families and young professionals live in Charlotte and residents tend to lean liberal. Living In Charlotte: 21 Things You Need To Know First - Movoto Real Estate Darrell And Amy's Enviable New Life In Granada, Nicaragua Its unemployment rate stands at 9.4% and its median income hovers at $30,774. 21 Pros and Cons of Living in Charlotte, NC - Vittana.org As for cycling, well, just dont try it unless you enjoy risking your life. 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. 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. This makes Charlotte a part of the 20% cities in the U.S. for the increase of housing prices. Myrtle Beach is about three hours away. Cons of Living in Greenville SC. Charlotte is a great city, like most places it has issues..Have you ever thought . I have a good job making good money ($36-39k) but still cannot afford. 22 Living in North Carolina Pros and Cons - Vittana.org Catch a Panthers game at the Bank of America Stadium, situated comfortably on 33 acres and located right off I-277. Many people spend their entire lives here, so they dont experience other cultures. From its numerous galleries to live performances and festivals throughout the year, Charlotte has something special for everyone. Here, you can hike or climb a mountain. I mean, the brilliantly beautiful changing leaves are alright. Pay attention and invest in the next new, hot and happening neighborhood in an effort to make better revenues. 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. And as the city grows, it is becoming more diverse. 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. If you are from another state like Texas, the traffic here may take some time to sink in. When you compare Charlotte with the national average, it is about 1.1% lower. Golf. 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. Public transportation doesnt make life in Charlotte any easier. In fact, the continuous population growth affected the real estate market in a good way. Make sure you set your schedules around it. 2. If you adore the ocean, you can have it close to you. This is especially necessary for those who live in one of Charlottes many suburbs, such as Davidson, Belmont, or Fort Mill. 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. Of these, 182,300 are categorized as facing almost certain risk. You do have Catawba River and Creek as well as Steele Creek but thats about it. It will mark the "God's Plan" hitmaker's first. 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 . 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 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. 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. Religion is a way of life when you start living in Charlotte. It is a mixture of the old and the new. #7. 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. Rosensteel Fleishman, PLLC, offers services in Charlotte! 10. The soil in and around Charlotte makes it challenging to grow a garden. 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 City is a Foodie's Paradise. When it comes to safety well, the Charlotte, North Carolina crime rates arent a bragging element. 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. The facility was clean and very well-kept. 15 HONEST Pros & Cons of Living in Asheville, North Carolina The unemployment rate in the city does not reach the 5% mark. 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.". You would have to earn a salary of $61,571 to maintain your current standard of living. 1. North Carolina is an amazing state to live in. 10 Things You Didn't Know You Could Do in Charlotte, NC - Southern Living (8 Major Reasons), Why is Florida So Popular? The number one worst thing about living in North Carolina is that food insecurity is high, according to Insider. In fairness, there are worse places to live than Albemarle. #62 in Best Places to Retire. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. We have a massive brewery scene. Loaf of bread: $3.12. Like us to see our daily real estate updates! The same type of job in the same type of company in Charlotte, NC will typically pay $61,704 . A lot of people are not from Charlotte/NC. Despite having a bus and train line, Charlotte is definitely a driving city. Charlotte has always been a disaster magnet. Living in Charlotte, North Carolina has many advantages. 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. Charleston, South Carolina - Wikipedia But before you start to backtrack because of this, do take into consideration the fact that Charlotte is the largest city in North Carolina when it comes to population. 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. Port Charlotte, located in southwest Florida, is a small and quiet town. You can move here and decide how to move forward with your life. Living in Charlotte, NC: 14 Pros and Cons (Video & Prices) It is no wonder that Charlotte has been the growing hub of jobs for the finance sector since 2010. Cool off with summery Sparkle & Pop ,a fruity blend of your favorite bubbly (Cava, Prosecco, or Rose) with a King of Pops' popsicle dipped upside-down in the glass. Weather. But the ball keeps rolling. With that said, the city is less expensive than other major cities. 10 Top Pros and cons of living in Canada vs UK. So, if youre looking to live in a buzzing metropolitan area without breaking the bank, Charlotte, NC, is a viable option. Top 10 Reasons NOT to move to Charlotte, North Carolina. Healthy Things to Do in Charlotte, NC (Activities, Restaurants and More) 5 things People Hate About Charlotte | Reasons Not to Move to Charlotte 8 Things You Must Know About Retiring to the Carolinas The city has grown and grown, with an influx of people moving to the area every day. Before you commit to becoming a full-blown Charlottean, take a look at living in Charlotte, NC pros and cons: Pro: Delicious food. Pro: the job market in the city is on an upwards trajectory. The best way to get rid of them is with mosquito repellent. You should try to visit there sometime. The 20 Worst Places to Live in North Carolina - Money Inc This sports and banking city, nicknamed the Queen City, has a relatively low cost of living, an exciting urban core, and quiet, residential neighborhoods perfect for families. When you compare the Charlotte vs Raleigh cost of living, you'll find the following major differences. Required fields are marked *. You can't drive 10 miles in the Charlotte area without going by a golf course. 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. Our Picks For The Best Charlotte, NC, Neighborhoods & Suburbs Social assistance, insurance, and retail industries are also doing well. Charlotte vs Raleigh | Comparison, Pros & Cons, Which is Better? Le Meridien Charlotte's City Lights Rooftop offers sweeping 360-degree views of Uptown. Outdoor recreation in Charlotte is plentiful and varied. However, like every city, Charlotte has its own set of perks and challenges that a future resident should be aware of. It's not terrible. Avg. 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. Temperatures vary between 31 and 51 degrees so you probably wont be needing thick coats or gloves too often. Aside from the sports, the city is full of areas you can explore. 9. It could be because with the growth of population comes the growing number of cars. Theres no escaping the heat: the humid summer months bring high temperatures that arent pleasant for anyone. And so, with the growing economy and job market, what more could you ask from a city? Each of these cities have gained between 32,000 and 40,000 new Black . In addition to these major employers, there are countless small businesses and start-ups that help create an environment ripe for economic success. Living in Charlotte, NC | U.S. News Best Places This can be seen clearly in the way in which the city is still developing. At this time, the temperatures can go between 57 to about 90 degrees. Its one of the best cities in the US when it comes to its housing costs. 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. That makes commuting to work a little bit of a challenge when in Charlotte. 1 Bad Things About Living in Charlotte NC. Compare that to New York at 187/100 or San Diego at 160/100, and you see that Charlotte isn't bad at all. Dont take our word for it, go find out for yourself. 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. First, the unemployment rate here is lower than the national average. Credit. Recently, the Charlotte housing market forecast for 2020 was that it will continue to grow by 3.8% by 2021. 7 Things I Love About Living in Charlotte - Peanut Butter Runner Charlotte was charted before the birth of the nation when European colonies were still in power, then came the cotton era and slavery, following that was the industrial revolution. Theres always something new happening in Charlotte and Im sure youll find your niche soon enough! With an abundance of trails, parks, and greenways there are endless possibilities for adventure. Sports. 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. Everyone is completely normal, culture is not diverse at all. Denise 2022-09-14 My tour at Charter Senior Living of Charlotte was fine, but they weren't able to accommodate my brother. 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. Top 10 Assisted Living Communities in Charlotte, North Carolina All public schools are highly rated, with some of the best teachers and staff members throughout the entire state. There are many other options for higher education, such as Johnson C Smith University, Davidson College, and the Queens University of Charlotte. Statewide, the rate is 6%. The same story is valid with the cost of food and groceries, which is 0.8% more affordable than the national average. As its constantly growing, its like a clean slate for many new residents. Traffic congestion can be problematic in the downtown area and key access points. 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. Comment below if for any reason you think we overlooked something that just screams Charlotte, NC. This can be seen through the few languages spoken by most citizens and the limited types of food available around town. The median rent for a two-bedroom apartment is $1,173. Pro: Good education. Port Charlotte, FL Reviews - Niche Because of this kind of development, every neighborhood has within itself everything that you could possibly want. The cost of living in Charlotte is lower than in other cities along the East Coast. Of course, there will always be bad sides. 20 Bad Things About Living in Charlotte NC - American Dailies Why Black Americans Are Moving to Charlotte, North Carolina: 7 Things 22 Things to Know About Living in Charlotte, NC, in 2022 - PODS Blog 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. Here, sales taxes can reach about 7.3%. RealEstateAgent.com is a method of Real Estate Agents and Agencies. The housing prices have been on a constant climb. What is the Tax Benefits of Buying a Home? Also, the cost of living is lower than the national average. The cost of transportation is cheap in Charlotte. Charlotte, NC Cost Of Living Calculator | Forbes Advisor However, like every city, Charlotte has its own set of perks and challenges that a future resident should be aware of. On certain occasions, you may not even notice the difference. Drivers are prone to road rage and they will do anything to get revenge on someone who cut them off. 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. However, if you are considering relocating here, its important to understand the pros and cons of living in the city and that is why we prepared this article. For these reasons, most Charlotte residents rely on their cars to get around. But in the long run, this problem can get to you. Add to its diversity or help it find its culture. It can be difficult to find diversity here if you dont go looking for it. Bri Hand is Landing's Content Marketing Manager. This percentage is not much compared to the national average. 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. Like most cities, Charlotte has a variety of neighborhoods in different parts of the city and each has its own unique feel. This is mostly due to the citys reasonable housing, utility, and grocery prices. Then, there were years of slavery and the booming of the industrial revolution. While the overall cost of living remains relatively low, housing prices in Greenville have been increasing at a higher rate. Is Clermont Florida a Good Place to Live? CHARLOTTE, NC North Carolina has a diverse landscape of mountains, cities and 300 miles of beautiful Atlantic shoreline. Charlotte, NC, Crime Rate & Safety | U.S. News Best Places There are times when it feels like no one lives in Charlotte. The small, thriving city of Kannapolis earns the seventh place spot on our list of the best Charlotte suburbs for retirees with plenty of affordable craftsman, ranch, and bungalow style homes. However, the variance is not that significant. With these aside, moving to Charlotte is ideal even if you are raising a family. Charlotte has a rich and vibrant history that is full of interesting stories and facts. Is Moving to Charlotte Right for You? A 2022 Guide | BELLHOP While there is no guarantee these extreme weather events will happen, they are something residents should be aware of before moving to Charlotte NC. Here Are The NC Cities With The Greatest Risk Of Flooding 7. 10 Things You've Grown To Undeniably Hate If You're From North Carolina. Charlotte is one of the growing and developing cities in the state in terms of economy and job market. 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. Downtown is a maze. This area is BOOMING! This town is absolutely perfect for older folks. Higher Education When Living In Charlotte, 18. What's your top complaint about life in North Carolina? This weather makes the city an ideal place for people to move in. The city's cost of living is 1% lower than the national average, while cost of housing is 2% lower than the national average. Charlotte has a history of managing hurricanes and their aftermath. There is a dark side concerning taxes in South Carolina: Sales taxes. We will discuss these more later. Charlotte is also prone to tornadoes and hurricanes because of its location near the Atlantic Ocean. 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%.