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But the ball keeps rolling. Best Places to Live in Charlotte, North Carolina 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 cost of transportation is cheap in Charlotte. The sales tax rate in North Carolina is 4.75% across the state, although county and local taxes can add to it. There are many other options for higher education, such as Johnson C Smith University, Davidson College, and the Queens University of Charlotte. The hot and humid summers in Charlotte can reach temperatures up to 100 degrees with high humidity making it hard to stay cool. However, the variance is not that significant. What Are The Pros And Cons Of Living In Greensboro, NC? Living in Charlotte offers residents an urban suburban mix feel and most residents own their homes. 4. Abundant outdoor activities. Between 2017 and 2018, the growth of residents was at 13,000. Also Read // 8 Good and Bad things about living in Alabama. There are cities with unemployment rates that are higher than Albemarle's rate of 7.8%. However, there arent enough homes available on the market. The growing number of people in Charlotte means one thing. What makes Charlotte more ideal is its thriving economy. The city of Charlotte, NC is a prosperous metropolitan area that attracts people from all over the country within its borders. As one of the largest cities in North Carolina, Charlotte is home to hundreds of delicious and unique eateries. Traffic congestion can be problematic in the downtown area and key access points. Temperate weather and mild winters. Here, there is always something going on every day. Charlotte, NC Cost Of Living Calculator | Forbes Advisor And because of its diverse population, there is always a different kind of festival. 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. To maintain your standard of living in Charlotte, NC, you'll need a household income of: $67,318. Rising Housing Costs. In order for the housing market to be successful and thriving it has to satisfy the necessities of the citys possible new residents. 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. 2. There are times when it feels like no one lives in Charlotte. Don't let the seemingly high crime rate in Charlotte, NC scare you. The Pros and Cons of Living In South Carolina - Celadon Living Both of these cities are unique destinations. Charlotte at least tries to gentrify the hell out of areas. Notable neighborhoods. And with the US averaging a 6% unemployment rate, you can rest assured that you will easily find jobs in Charlotte than anywhere else. 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. 8. 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%. This only makes the Charlotte metropolitan area grow in rank as well. 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. According to The Patch, Charlotte ranks in the top third of the best foodie cities in the U.S.but locals already knew that. Gas prices are typically higher than in other major cities such as Chicago. Furthermore, in March of 2020 the numbers kept growing. One of the most notable is the fantastic education system available to children and young adults. For many people Charlotte, NC is a city of possibilities and opportunities at a low cost of living. The Charlotte cost of living index is 97.9 while the Raleigh cost of living index is 95.1. What can be done about the affordable housing crisis in Charlotte 8 Good and Bad things about living in Charlotte North Carolina (2023 History. However, compared to the national average, you will get it cheaper here. 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. 10 Things You Didn't Know You Could Do in Charlotte, NC - Southern Living As its constantly growing, its like a clean slate for many new residents. When it comes to safety well, the Charlotte, North Carolina crime rates arent a bragging element. Shop-till-you-drop types will love SouthPark mall, the city's upscale destination with . Here Are The NC Cities With The Greatest Risk Of Flooding 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 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. What is the average home price in High Point NC? It also stops running at midnight, making it difficult to travel from one part of the city to another after dark. Charlotte has the third-largest banking center in the US, and its home to the headquarters of Bank of America, the nations second-largest bank. 5 in the country for food insecurity. I am so glad to see a fellow traveler. One of the most dangerous parts of driving around Charlotte is other drivers. Le Meridien Charlotte's City Lights Rooftop offers sweeping 360-degree views of Uptown. Living in Charlotte, NC isn't that expensive especially because the cost of living there is about 5% lesser than the national . While Charlotte certainly offers the convenience of an urban area, you shouldnt expect the same nightlife as larger U.S. cities. You can also swim in the lakes in these mountains. Yes, thats how traffic is for Charlotte but some people may find it as a con. Recently, the Charlotte housing market forecast for 2020 was that it will continue to grow by 3.8% by 2021. Charlotte, North Carolina. Charlotte has a rich and vibrant history that is full of interesting stories and facts. According to a 2019 DataUSA study, Charlotte boasts several promising figures in terms of its job market: Now that you have learned the pros and cons of living in Charlotte NC, nows the time to find a place to stay. The 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. Top 10 Reasons NOT to move to Charlotte, North Carolina. Port Charlotte, located in southwest Florida, is a small and quiet town. We have beautiful scenery, friendly people, an awesome culture, and great food! Employers in Charlotte, NC typically pay 2.8% more than employeers in Orlando, FL. Provides: Assisted Living, Memory Care. Charlotte restaurants that accommodate food allergies | Charlotte Observer All you need is a jacket, and youre good to go. The most dangerous neighborhoods lie in the southern and eastern sections of the city, so prospective residents . Wadesboro suffers a 15.3% unemployment rate and a 32.3% poverty rate. 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. Pro: Good education. 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. This makes Charlotte a part of the 20% cities in the U.S. for the increase of housing prices. Living in Charlotte, NC - What is it like - Pros and Cons You can come here, decide what you want to do with your life and find your path. 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. Charlotte is famous for racing. The same is valid with food and groceries, utilities, and transportation. 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. A person making $20 an hour would need to work 60 hours just to make enough to pay one month's average rent. The Cost Of Living Reflects Charlotte's Growth. However, even if it is cheaper, the variance from the national average is not huge. 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) . During this time, visitors cant enter the park and there are no services available inside. 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. 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. There are galleries, museums, restaurants, parks, and much more. This can mean that you have no need to leave the area for basic needs and that can be seen as a loss, because the city is beautiful and the residents should be witnesses to that beauty. An added bonus: Saturday morning Burn Boot Camp workouts in Charlotte are co-ed, free and open to the public. The state sales tax is 6%. 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! You can live in Charlotte for a lot less than you can a lot of other major cities. Woodruff 3-Tier Round Serving Tray 19"x30" by A&B Home (7) $98. The majority of the housing stock is either old, dilapidated, or both. Between 2010 and 2018 the Charlotte metro area became the 7th fastest-growing metropolitan area in the US. Shop Wayfair for the best round wood tray with handles. Enjoy Free With that said, the city is less expensive than other major cities. 5. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'combadi_com-large-leaderboard-2','ezslot_8',126,'0','0'])};__ez_fad_position('div-gpt-ad-combadi_com-large-leaderboard-2-0');Here are a few essential things you will love in Charlotte. Top 10 Assisted Living Communities in Charlotte, North Carolina As a city that depends on driving as the primary means of transportation, Charlotte is spread across 308.6 square miles. Best and Worst Things About Charlotte : r/Charlotte - reddit One thing that could be improved on is the lack of rich cultural roots. Sq. Although Charlotte, North Carolina, is home to an affordable housing market, finding the right apartment isnt always easy. Port Charlotte, FL Reviews - Niche Higher Education When Living In Charlotte, 18. The 45-minute workout will spike your heart rate and leave you dripping in sweat but is scalable for all fitness levels. 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. If there is one thing that you should watch out for in Charlotte, it is the cost of healthcare. The options are endless and youll struggle to schedule in all the activities available. Because of this kind of development, every neighborhood has within itself everything that you could possibly want. In 2018, about 873,000 new residents flocked to Charlotte to live and work.