Thats an increase of $8,500 in the period of one month. For many people Charlotte, NC is a city of possibilities and opportunities at a low cost of living. There are many other options for higher education, such as Johnson C Smith University, Davidson College, and the Queens University of Charlotte. If you like all the exciting places the world has to offer, you have definitely come to the right place. One of the biggest cons of living in Charlotte is the traffic congestion. Two of the top employers in the city are Bank of America and Wells Fargo. For example, if you want an apartment thats close to work, youll be paying at least $900 per month. Governor Seat + County Economy Recovering, Local Nonprofit Makes A Difference + Recruitment Event For Women. Because the food scene is one of the biggest perks of living in Asheville! So, lets see what the Queen city is all about, shall we? 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). You will never run out of cool stuff to do here. Gas prices are typically higher than in other major cities such as Chicago. Apartment rent in Charlotte has increased by 2.2% in the past year. Dont take our word for it, go find out for yourself. You can live in Charlotte for a lot less than you can a lot of other major cities. 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. Public transportation can provide some relief from this issue but isnt always reliable or convenient enough for everyones needs. Several jobs related to healthcare have also sprouted in the job market in recent years. The area also has a variety of higher education opportunities that range from community colleges to universities. This only makes the Charlotte metropolitan area grow in rank as well. You'll always have the choice to adjust your settings or unsubscribe. It is no wonder that Charlotte has been the growing hub of jobs for the finance sector since 2010. Relax and read it through! To people from New York, Charlotte will seem like the off season when everyone is in the Hamptons in the summer. In the summer youll want to go to the beach with temperatures between 57 and 90 degrees. 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. The housing market in the city of Charlotte is thriving, excelling, and managing to overcome the citys crime rates. We have the USNWC and lots of hikes within a reasonable distance. Its unemployment rate stands at 9.4% and its median income hovers at $30,774. 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. But in the long run, this problem can get to you. My wife Amy was a rep in real estate. Foliage schmoliage. One of the most notable is the fantastic education system available to children and young adults. Its gonna be hot and humid in July and August so invest in an AC and get a pool membership. Ft. Lil Wayne and Drake performed live on their joint tour last night at the PNC Music Pavilion in Charlotte, North Carolina. High tax burden. It is where NASCAR is. You do have Catawba River and Creek as well as Steele Creek but thats about it. It is the third fastest-growing major city in the country. Theres no escaping the heat: the humid summer months bring high temperatures that arent pleasant for anyone. Charlotte is nestled between two lakes, Lake Norman and Lake Wylie, both accessible in under an hour by car for boating, swimming and fishing. 15. This percentage is not much compared to the national average. The Mint Museum, Levine Museum of the New South and Bechtler Museum of Modern Art are sources of local culture. Unlike places like New York or Miami, bars and nightclubs close a bit earlier in Charlotteusually around midnight, but occasionally as late as 2 a.m. That being said, downtown Charlotte is home to a few local hotspots and sports bars. 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. Other than an old mall with little to no stores and two bowling alleys, children in Port Charlotte do not have much to do. The city is also growing and presents most residents with a clean slate. The variance may not be huge. While it is a sought after destination for people looking to relocate, living in Charlotte, NC has both pros and cons. Charlotte has a history of managing hurricanes and their aftermath. In addition to countless other gallery spaces throughout the area, visitors can also enjoy performances at venues like Blumenthal Performing Arts Center or take part in annual events such as the Charlotte Jazz Festival or CineMatek Film Festival. Asian: 6.54%. View All 17 Photos . The state sales tax is 6%. 2) Unique neighborhoods and affordable city living. For example, the state income tax maxes out at 7.75% for people who make less than $24,000 per year. The 45-minute workout will spike your heart rate and leave you dripping in sweat but is scalable for all fitness levels. Despite having a bus and train line, Charlotte is definitely a driving city. While the following list will cover the cons, they are open to interpretation and might seem less important to some than to others. citylightsrooftop.com. Like & Share with friends and family and see what they have to say about the Queen City. In no way is RealEstateAgent.com responsible for the services provided by the advertisers on this site, nor can it be held liable for any damages resulting from the services, contacts, or deals resulting from agents found within this site. 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. Fortunately, you wont have to travel far for urban convenience and excitement in North Carolina! 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. And one of these repercussions is the traffic problem in the city. 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 . 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. How you manage your finances will still determine your stability in the city. It is never too hot. 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. Still, the housing market is affordable, accessible and attractive for both investors as well as new residents. According to Payscale, the cost of living in Charlotte is 5% lower, and housing is also 14% lower than the national average. It can be hot on certain occasions, but it can never be too hot. 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. All you need is a jacket, and youre good to go. Charlotte: 17,545 . Public transportation doesnt make life in Charlotte any easier. 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. City Guide 5,900 new listings, 4,800 pending sales and a median home price of $271,500. Many of these jobs are from the more established companies. 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. I have a good job making good money ($36-39k) but still cannot afford. 3. The cost of housing is cheaper than the national average. 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. This means that the cost to live in this city is astronomically high. Charlotte is famous for racing. 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. But, Charlotte is growing fast and the cost of living keeps edging up higher every year. If youre coming from Greensboro,NC., you might find the few moments of congestion a bit annoying. #7. According to a study from US News, about 17 percent of the states population suffers food insecurity. 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. COPYRIGHT 2022 COMBADI - WORLD TRAVEL - SITEMAP, +12 Things to Do in El Paso without a car, +12 Things to Do in Sacramento without a car, Living in Worcester, MA - What Is It Like - Pros and Cons. Credit. Aside from these, renowned universities also call Charlotte their home. Your email address will not be published. At this time, the temperatures can go between 57 to about 90 degrees. Charlotte is also prone to tornadoes and hurricanes because of its location near the Atlantic Ocean. They let me know how things were going and everything. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'combadi_com-mobile-leaderboard-1','ezslot_17',141,'0','0'])};__ez_fad_position('div-gpt-ad-combadi_com-mobile-leaderboard-1-0');The weather in Charlotte is not extreme. 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. The city will be on the Worst Cities for Respiratory Infections list in 2021. Like us to see our daily real estate updates! Additionally, there is a noticeable lack of ethnic restaurants and activities that appeal to more than one racial group or ethnicity. Charlotte is an ideal place to raise a family. The largest African American population growth has been in less populated cities such as Fort Worth; Columbus, Ohio; Jacksonville, Florida; and Charlotte, North Carolina. In Charlotte, you have several activities that can keep you occupied most of your free time. Some people also plant flowers or veggies in containers on their porches or balcony for an easy alternative. Rent Trends. However, for the younger crowd, there is nothing to do. 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. One of the most dangerous parts of driving around Charlotte is other drivers. That makes commuting to work a little bit of a challenge when in Charlotte. From the city of Charlotte, NC you also have a 2 hour drive to Atlanta or a 3 hour drive to Charleston,SC., both destinations deserving a visit. The development of the citys population can also lead to one thing. The city is cheaper than most of the country. This led to an appreciation of 3.95% for the real estate prices in Charlotte, NC and this happened just in the past ten years alone. It has the finance industry as its flagbearer and is home to the countrys second-largest banking center, next to New York City. Cons of Living in Greenville SC. 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. 100, Newport Beach 92660, 2309 Center Street Ste. The same is valid with food and groceries, utilities, and transportation. Charlotte is a city that has something for everyone from the cultural amenities of the Uptown area to the outdoor activities of the greater Charlotte region. Also, more and more people are using the citys public transportation system. However, if you are moving from major cities like New York or Chicago, the traffic in Charlotte is regular. 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. What is the Tax Benefits of Buying a Home? Its a melting pot thats still melting and mixing, combining cultures as it tries to find its own definition. 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. Coffee shops are a great place to meet up with friends and catch up on life. Drake Concert History. The weather in Charlotte is milder compared to most cities. 1. Only 2 Left.WIDELY USE -The round wooden trays Diameter is 11.8 in, which is easy to carry things and save much space of your ottoman coffee table. A person making $20 an hour would need to work 60 hours just to make enough to pay one month's average rent. You cant visit this southern jewel without learning about moonshine, NASCAR and the Fury325. Thankfully, I was able to avoid hitting any pedestrians or cars and maintain control of my vehicle until I got off the road. Related Article // 8 Best and worst things about living in Philadelphia. One time, I had a driver pull up next to me and throw what appeared to be a beer at my car window, causing me to swerve onto the shoulder. Winter brings its own set of issues with temperatures dropping into the 20s at times and snow occasionally coating roads, making travel treacherous. Shop-till-you-drop types will love SouthPark mall, the city's upscale destination with . When the country averages a 6% unemployment rate, Charlotte sits at 4.9%. Both of these cities are unique destinations. However, unlike many people any . It grew by about 30% in the last five years. Sq. Renters pay a median price of $1,345. You can also swim in the lakes in these mountains. Another perk of living in Charlotte is the low cost of living compared to other large cities. Property taxes are also higher than in most areas in North Carolina because of the high quality of life enjoyed by residents. 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. 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 Beds. Charlotte, North Carolina Crime Rate & Safety. 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. Therefore left is right, "stop" means "go," and every day is opposite day. Traffic congestion can be problematic in the downtown area and key access points Those small establishments give a city its own color, flair and atmosphere. It means that the air can be unhealthy and polluted. There are few jobs other than low-skill service jobs, which dont pay well because theres nothing else to do in Charlotte. The city of Charlotte, NC is a prosperous metropolitan area that attracts people from all over the country within its borders. As we already noted, in Charlotte you get access to both the beach and mountains. Now, these are predictions, estimates, expectations if the trend continues and there isnt anything to say that things would change. Home prices here are well below the national average and renters can find great deals too. 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 beach is only 3 and a half hours away from Uptown Charlotte and the mountains are about 2 hours away. South Charlotte is always red because its more upper class. Charlotte residents share what it's like navigating eating at restaurants while living with an allergy to peanuts, tree nuts, egg, milk or other food allergens and having to carry an epi pen . To answer the OP's question. When I say that the city has a respiratory problem, I mean that the citys air quality is not the best. 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. Location: 1945 East 7th Street, Charlotte, NC 28204. Statewide, the rate is 6%. All public schools are highly rated, with some of the best teachers and staff members throughout the entire state. 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. While that number includes births and not just immigrants, it is still . com com 716-397-8862 or 716-485-3679. Avg. The unemployment rate in the city does not reach the 5% mark. The cost of living is 3.98% lower in Charlotte, NC. A considerable number of investing companies can only mean growth in its economy and finances. There are many factors when considering a relocation to a new city. As the 6th fastest growing city in the U.S., the city of Charlotte, NC continues to grow. With only one light rail line connecting downtown with University City and two bus services, many areas of the city are not easily accessible. While this factor isnt necessarily a con for all residents, the traffic in downtown Charlotte can make car ownership a bit challenging. Bri Hand is Landing's Content Marketing Manager. Its not because of the quality of the roads, but because of the distance from point A to point B. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 American Dailies | Powered by Astra WordPress Theme, 3. Top 10 Reasons NOT to move to Charlotte, North Carolina. Landing is a network of furnished apartments for rent across the country. There is a dark side concerning taxes in South Carolina: Sales taxes. Gas prices are typically higher than in other major cities such as Chicago, due to low-sulfur fuel requirements. Add to its diversity or help it find its culture. There will always be something to do in Charlotte.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'combadi_com-leader-3','ezslot_14',130,'0','0'])};__ez_fad_position('div-gpt-ad-combadi_com-leader-3-0'); You will always have sports here as the city is home to different professional teams. However, it can be on certain occasions. Like most cities, Charlotte has a variety of neighborhoods in different parts of the city and each has its own unique feel. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'combadi_com-medrectangle-4','ezslot_3',124,'0','0'])};__ez_fad_position('div-gpt-ad-combadi_com-medrectangle-4-0');Here, I will be discussing most of the reasons why you should move to Charlotte if you have been planning to. I mean, the brilliantly beautiful changing leaves are alright. 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. We get lots of concerts. But the ball keeps rolling. The cost of transportation is cheap in Charlotte. North Carolina's charm, climate, diversity, and job opportunities have drawn more people to move to the Tar Heel state than ever before. But with anything in life, there's good and there's bad. And with the ever-increasing job market comes the ever-increasing population. Le Meridien Charlotte's City Lights Rooftop offers sweeping 360-degree views of Uptown. 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. During this time, there is no need for you to invest in layers and layers of clothing. You can find a yoga class in a park somewhere. In fact, the median home price in Charlotte is $178,000, and the median monthly rent is $966. 13. So, if youre looking for fun things to do in Charlotte, you definitely need to eat out. The only downside is that theyre almost always crowded, which can make it difficult to find a seat and get your order in within the first few minutes of opening. The dark side - There are 2 that I am very well aware of. Access to quality health care. The total income needed is . The city has been consistently ranked among the top cities with the worst traffic in the US over the past few years and continues to experience rapid population growth. Wadesboro suffers a 15.3% unemployment rate and a 32.3% poverty rate. The housing prices have been on a constant climb and the market doesnt seem to change trajectory. If they do however, the decrease could be brief and short lived. You can't drive 10 miles in the Charlotte area without going by a golf course. The economic struggles are obvious in the statistics. In this article, we will explore the good and bad things about living in Charlotte North Carolina. Why Should You Get Onboard the Digital Marketing Bandwagon? Charlotte is a great place to live, but it has a lot of room for improvement. 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. The cost of living in Charlotte, NC is 2.6% higher than in Orlando, FL. 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. 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. Charlotte will welcome you with that amazing southern charm and youll be hooked in no time. The cost of living in Charlotte averages about 1% lower than the national average. Is Clermont Florida a Good Place to Live? The same is true with the energy sector. You would have to earn a salary of $61,571 to maintain your current standard of living. 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. The Tar Heel State is rife with rich history from being the place where man first took flight to once being the furniture capital of the world. One of the drawbacks to living in North Carolina is that income and sales taxes are high. Charlotte is among the cities with the largest Black population growth. 1. One pro, Introduction In Dallas, TX, affluent black neighborhoods can be found throughout the city. 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. Between 2017 and 2018, the growth of residents was at 13,000. History. The city has grown and grown, with an influx of people moving to the area every day. Giants like Bank of America, Lowes, and the US Trust and Compass Group have their bases in Charlotte. Furthermore, in March of 2020 the numbers kept growing. And as the city grows, it is becoming more diverse. 10 Top Pros and cons of living in Canada vs UK. Con: Limited public transit. Compare that to New York at 187/100 or San Diego at 160/100, and you see that Charlotte isn't bad at all. We will discuss these more later. Sub-par K-12 education. 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." The . There are more than 100 breweries in the area: If you like beer, youre going to love Charlotte. We have good weather. It also stops running at midnight, making it difficult to travel from one part of the city to another after dark. 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. Charlotte is more than just NASCAR and its other sports. The median rent for a two-bedroom apartment is $1,173. Charlotte NC (Image Credit: Extra Space Storage) Charlotte has a rich and vibrant history that is full of interesting stories and facts. Unfortunately, the southeastern coast of the United States is prone to many natural disasters. 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.". Job growth overall has been at 2% since 2010, which compares favorably with Detroit at 0% or St. Louis at 1%. The facility was clean and very well-kept. Here, you can hike or climb a mountain. 1. There was a jump of over 13,000 new residents between 2017 and 2018. Like many people our age, we've traveled overseas quite a bit. With a list of pros of living in Charlotte, NC, we also have a list of cons. Housing is also more affordable here but by only a mere 1%. In the past, the city was under colonization by the Europeans. 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. Your email address will not be published. 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? Black or African American: 35.09%. 1 Bad Things About Living in Charlotte NC. Charlotte offers an abundance of opportunities to experience visual art, music, theater, dance, and more. 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.

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