With an abundance of trails, parks, and greenways there are endless possibilities for adventure. North Carolina is an amazing state to live in. However, there arent enough homes available on the market. The staff that I met were really in-depth. 15. Also, more and more people are using the citys public transportation system. It has the finance industry as its flagbearer and is home to the countrys second-largest banking center, next to New York City. Here are seven things to know. 2. What I can assure you about Charlotte is its job growth. Coldwell Banker Residential Brokerage - Chatham, 840 Newport Center Drive Ste. To people from New York, Charlotte will seem like the off season when everyone is in the Hamptons in the summer. Fortunately, you wont have to travel far for urban convenience and excitement in North Carolina! From hipsters to southern debutants - uh, we're all basically the same, y'know. You can live in Charlotte for a lot less than you can a lot of other major cities. This is especially necessary for those who live in one of Charlottes many suburbs, such as Davidson, Belmont, or Fort Mill. Yes, thats how traffic is for Charlotte but some people may find it as a con. 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 . 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. Black or African American: 35.09%. One of the drawbacks to living in North Carolina is that income and sales taxes are high. There is also the Outer Banks region which is a lean stretch of land separated from the mainland that works as a resort. This area is BOOMING! For those who work outside of the city, the congestion creates a bottleneck for commuters trying to enter or exit the city. And with the US averaging a 6% unemployment rate, you can rest assured that you will easily find jobs in Charlotte than anywhere else. Before you commit to becoming a full-blown Charlottean, take a look at living in Charlotte, NC pros and cons: Pro: Delicious food. Here, sales taxes can reach about 7.3%. Answer (1 of 22): There is definitely the stark racial divide, however - as time goes forward, it has gotten better - I live here now. Cost of Living in Charlotte, North Carolina. It is never too hot. 7. Between 2017 and 2018, the growth of residents was at 13,000. 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. The Drake is an exceptional assisted living community located in Concord, North Carolina. 1. Provides: Assisted Living, Memory Care. Re: Worst part of living in Charlotte. Notwithstanding knowing the bad things about living in Charlotte, Charlotte is a great place to live and work, but its not perfect. Despite the large population size, there are very few immigrants from different countries that make up the citys culture. It is the same as the national average. On average, front row Drake tickets are $850. While Charlotte won't win any awards for 'cheapest American city,' our cost of living is affordable. The dark side - There are 2 that I am very well aware of. Active retirees will love this suburb's numerous well-maintained city parks. So if you're thinking of moving to North Carolina, you're not . The cost of living in Charlotte averages about 1% lower than the national average. 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. It is a mixture of the old and the new. Winter brings its own set of issues with temperatures dropping into the 20s at times and snow occasionally coating roads, making travel treacherous. Recent reports show that tech jobs are abundant in the Charlotte metro area. Comment below if for any reason you think we overlooked something that just screams Charlotte, NC. However, for the younger crowd, there is nothing to do. This town is absolutely perfect for older folks. 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. Weather. Recently, the Charlotte housing market forecast for 2020 was that it will continue to grow by 3.8% by 2021. During this time, there is no need for you to invest in layers and layers of clothing. Don't let the seemingly high crime rate in Charlotte, NC scare you. Foliage schmoliage. 100, Newport Beach 92660, 2309 Center Street Ste. To maintain your standard of living in Charlotte, NC, you'll need a household income of: $67,318. So lets see why does the real estate market in Charlotte, NC attracts so many investors as well as new residents. What is the average home price in High Point NC? 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 According to a study from US News, about 17 percent of the states population suffers food insecurity. 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. For those looking to relive Civil War battles, Historic Rosedale Plantation offers tours showing off its restored buildings along with interactive activities like blacksmithing demonstrations. If there is one thing about Charlotte, it is its perfect location.Here, you get to have access to beaches and mountains. To give you some perspective, local rents have climbed 45% since 2010. It is where NASCAR is. You cant visit this southern jewel without learning about moonshine, NASCAR and the Fury325. It is not the most expensive either. According to The Patch, Charlotte ranks in the top third of the best foodie cities in the U.S.but locals already knew that. Actually, they're very comparable. 1. 5. Those are relatively close as well, it all depends on what you want for your weekend. Charlotte levels with the rest of the country when it comes to the cost of healthcare. Over the years, residents are seeing the traffic getting increasingly congested. Other than an old mall with little to no stores and two bowling alleys, children in Port Charlotte do not have much to do. (For more news like this, find your local Patch here. Of course, there will always be bad sides. The soil in and around Charlotte makes it challenging to grow a garden. 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. 2. For many residents, Charlotte is a city that can present a lot of possibilities and opportunities. There are even a herd of top financial advisor firms ready to help you get your finances on track. 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%. Charleston is the largest city in the U.S. state of South Carolina, the county seat of Charleston County, and the principal city in the Charleston-North Charleston metropolitan area. Port Charlotte, located in southwest Florida, is a small and quiet town. 10 Top Pros and cons of living in Canada vs UK. As the 6th fastest growing city in the U.S., the city of Charlotte, NC continues to grow. Its not because of the quality of the roads, but because of the distance from point A to point B. 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%). In addition to higher education, Charlotte is also home to several highly rated elementary, middle, and high schools. For people who don't have children (like myself and my husband) we can be bored to tears on (many) occassion. The beach is only 3 and a half hours away from Uptown Charlotte and the mountains are about 2 hours away. From the married with no children, vegetarian, punk-like viewpoint: 1) Kids are everywhere, there is little peace and quiet (you'll fit in well if you have your own) 2) Traffic- main route I take to work, 485 coming from super-south Charlotte near Ballantyne, is a joke! And so, whether you are Asian or African, Latino or European, you will always feel at home here. 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. As such, your monthly paycheck can go further along. Additionally, there is a noticeable lack of ethnic restaurants and activities that appeal to more than one racial group or ethnicity. 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. 4. 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. It means that the air can be unhealthy and polluted. 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. The only public transportation available is the LYNX light rail system, which has a limited number of routes. Higher Education When Living In Charlotte, 18. 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. However, the typical home value here has shot up an impressive 22.1% in the last year, edging up near $375,000 in May 2021 well over the city's overall typical home value. 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. For these reasons, most Charlotte residents rely on their cars to get around. 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. Now, the city of Charlotte, NC was named after Charlotte, wife of King George the III and its term of endearment is Queen City. The astounding lack of both character and culture in Charlotte is confusing, but it makes finding those hidden gems that much better. You can have your share of kayaking, whitewater rafting, hiking, and more. The Mint Museum, Levine Museum of the New South and Bechtler Museum of Modern Art are sources of local culture. Aside from that, the economy is growing. When you compare the Charlotte vs Raleigh cost of living, you'll find the following major differences. The city rarely reaches temperatures below freezing, but a Charlotte resident will still experience the benefits of seasonal changes: Summers tend to be hot, but North Carolinas location offers more reasonable weather compared to more southern areas of the country. The cost of housing is cheaper than the national average. According to PayScale, the cost of living in Charlotte is approximately 5% lower than the national average. Ft. 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. For example, the state income tax maxes out at 7.75% for people who make less than $24,000 per year. There are 739 violent crimes/100k people and 3,926 property crimes/100k people. From over-the-top advertising to potholes, here are 20 bad things about living in Charlotte NC that you should know about. Between 2010 and 2018 the Charlotte metro area became the 7th fastest-growing metropolitan area in the US. The Charlotte cost of living index is 97.9 while the Raleigh cost of living index is 95.1. For example, if you spend $100 on clothes or shoes youll need to pay an extra $6.00 no matter how much you buy. The city, beautiful and just east of the Catawba River, is a great place to live. There was a jump of over 13,000 new residents between 2017 and 2018. You could look into podcasts or playlists of your favourite artists as your time in your car might increase if you move here. 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. 1 Bad Things About Living in Charlotte NC. Catch a Panthers game at the Bank of America Stadium, situated comfortably on 33 acres and located right off I-277. Charlotte is a great city, like most places it has issues..Have you ever thought . 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 a lot of outdoor activities here, which is great. It later progresses and discusses the ups and downs of living in this iconic city. You will never run out of cool stuff to do here. Wadesboro suffers a 15.3% unemployment rate and a 32.3% poverty rate. Traffic congestion can be problematic in the downtown area and key access points. It is also a Gamma+ global city. It is not the most expensive either. With a list of pros of living in Charlotte, NC, we also have a list of cons. Pros And Cons Of Living In North Carolina. 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. Drake Concert History. You will want to keep a lot of mosquito repellent handy. NFL fans have much to enjoy in Charlotte--it's the home of the Carolina Panthers! One pro, Introduction In Dallas, TX, affluent black neighborhoods can be found throughout the city. But in the long run, this problem can get to you. Nestled near the Southwestern border, North Carolinas largest city, Charlotte, is a place like no other. Housing is also more affordable here but by only a mere 1%. At that time it reached 873,000 residents and there are no intentions for it to stop growing anytime soon. 2) Unique neighborhoods and affordable city living. Apartment rent in Charlotte has increased by 2.2% in the past year. / 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. There is no shortage of things to do in Charlotte, NC. 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. We will discuss these more later. If you dont work in finance or tech, your job opportunities could be slim. Property taxes are also higher than in most areas in North Carolina because of the high quality of life enjoyed by residents. I am so glad to see a fellow traveler. 1.2 2. Here are the cities and towns in North Carolina that have the highest number of properties at risk of flooding. Statewide, the rate is 6%. Temperate weather and mild winters. Charlotte has some of the worst traffic in the country. 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. Loaf of bread: $3.12. Here's why. The same is valid with food and groceries, utilities, and transportation. Living in Charlotte, North Carolina has many advantages. There are many things to love about living in Charlotte, but its affordable cost is the best! While the overall cost of living remains relatively low, housing prices in Greenville have been increasing at a higher rate. Related Article // 8 Best and worst things about living in Philadelphia. 2. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. The sales tax rate in North Carolina is 4.75% across the state, although county and local taxes can add to it. The Charlotte crime rate is 4,665 crimes per 100,000 people. The moment you get off the plane, you are met with people preaching and handing out pamphlets. Before moving to Charlotte, let's get you acquainted with its charm by noting these main selling points and areas of interest. 5,900 new listings, 4,800 pending sales and a median home price of $271,500. As stated above, Charlotte is the largest city in North Carolina and is only trumped by the city of Jacksonville, Florida as the largest city in the Southeastern U.S. Having been charted all the way back in 1768 by European settlers under the Kings rule which he named it after his wife, Charlotte, and named the surrounding area after her birthplace in Germany, which is now known as Mecklenburg county. It is also a city where you can enjoy your time outdoors. So, if youre looking to live in a buzzing metropolitan area without breaking the bank, Charlotte, NC, is a viable option. It also stops running at midnight, making it difficult to travel from one part of the city to another after dark. Social assistance, insurance, and retail industries are also doing well. Winters here are mild. Living in the Queen City, though, you'll likely eat out a lot. If youre interested real estate agents in Charlotte, NC will help you with tips about the current feel of the market and guide you towards the best investment possible. 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. In addition to these major employers, there are countless small businesses and start-ups that help create an environment ripe for economic success. Public Transportation Doesnt Make Life In Charlotte Any Easier. Sales taxes in Charlotte are higher than in most cities in the country. That makes commuting to work a little bit of a challenge when in Charlotte. Albuquerque vs. Denver - Where is the best place to live? Each of these cities have gained between 32,000 and 40,000 new Black . Unfortunately, the southeastern coast of the United States is prone to many natural disasters. Living in Charlotte offers residents an urban suburban mix feel and most residents own their homes. Pro: Good education. Charlotte is only cheaper than most cities in the US by about 1.7% when it comes to utility costs. Con: Limited public transit. Then, there were years of slavery and the booming of the industrial revolution. Asian: 6.54%. The city has many amazing vintages finds located throughout the downtown area. 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. The hot and humid summers in Charlotte can reach temperatures up to 100 degrees with high humidity making it hard to stay cool. Charlotte is also prone to tornadoes and hurricanes because of its location near the Atlantic Ocean. Also, in recent years, Charlotte saw positive growth in its job market, which is 2.7%. If you dont work in these industries, your job opportunities could be slim. #JEAH! With the growing population comes some repercussions. With all of that history some might find it weird that Charlotte is considered a new city, but it is. 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. It could be because with the growth of population comes the growing number of cars. Aside from finance, the trucking and freight industries are also growing in the city. This can be seen clearly in the way in which the city is still developing. As Charlotte is spread out, you will require a car to get to where you are going and you will feel the miles. C, Deer Park 77536, Real estate news, strategies and insights. Browse our available apartments in Charlotte today. 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 . According to Payscale, the cost of living in Charlotte is 5% lower, and housing is also 14% lower than the national average. 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 . And it continues to grow as the years go by. As its constantly growing, its like a clean slate for many new residents. From its diverse array of boutiques and local shops to its sprawling malls with all your favorite stores, Charlotte NC is a shoppers paradise. After all, there are places where people are earning less than the $44,269 most Albemarle residents are doing. You would have to earn a salary of $61,571 to maintain your current standard of living. Is Clermont Florida a Good Place to Live? While Charlotte certainly offers the convenience of an urban area, you shouldnt expect the same nightlife as larger U.S. cities. The housing prices have been on a constant climb and the market doesnt seem to change trajectory.
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