There are plenty of jobs available if you know where to look; just not necessarily right on Main Street. 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. With that said, the city is less expensive than other major cities. Like many people our age, we've traveled overseas quite a bit. The state sales tax is 6%. Sign up for free Patch newsletters and alerts. 11. 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. Sales taxes in Charlotte are higher than in most cities in the country. Here, sales taxes can reach about 7.3%. This makes Charlotte a part of the 20% cities in the U.S. for the increase of housing prices. Perfect for the changing seasons and close enough for you to be able to take advantage of the best of both worlds. Its unemployment rate stands at 9.4% and its median income hovers at $30,774. When most people think of foodie cities, I doubt our city comes to mind, which is a pity. Traffic congestion can be problematic in the downtown area and key access points. Those are relatively close as well, it all depends on what you want for your weekend. The city of Charlotte, NC is a prosperous metropolitan area that attracts people from all over the country within its borders. This rate is higher than the national average of 4.6%. Sports. Thats an increase of $8,500 in the period of one month. Its overwhelming at first and it doesnt help that there is no shortage of churches to choose from. 3. There are more than 100 breweries in the area: If you like beer, youre going to love Charlotte. 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. Unfortunately, the southeastern coast of the United States is prone to many natural disasters. A lot of people are not from Charlotte/NC. Because of this kind of development, every neighborhood has within itself everything that you could possibly want. As people keep moving to Charlotte there is a constant demand for housing. Charlotte is nestled between two lakes, Lake Norman and Lake Wylie, both accessible in under an hour by car for boating, swimming and fishing. 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 weather makes the city an ideal place for people to move in. Religion is a way of life when you start living in Charlotte. If you want to go for a swim in the ocean, the closest option is Myrtle Beach at 3 and a half hours away in South Carolina. Social assistance, insurance, and retail industries are also doing well. And because of its diverse population, there is always a different kind of festival. That's 6% below the national average for food and grocery. Whether were talking about sports (Football - Carolina Panthers; Baseball - Charlotte Knights; Hockey - Charlotte Checkers; NASCAR; Golf), areas to explore or culture to absorb there is something happening every day. 1.1 1. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'combadi_com-leader-1','ezslot_7',104,'0','0'])};__ez_fad_position('div-gpt-ad-combadi_com-leader-1-0'); It is also a city of the warm and the cold, which is perfect, especially if you cannot decide which of the two you would like. 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. The majority of the housing stock is either old, dilapidated, or both. Albemarle. 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. You cant visit this southern jewel without learning about moonshine, NASCAR and the Fury325. 15. If there is one thing that you should watch out for in Charlotte, it is the cost of healthcare. 1. Myrtle Beach is about three hours away. Charlotte boasts an incredibly affordable cost of living. Many people spend their entire lives here, so they dont experience other cultures. However, if you play things right, this can be advantageous. PRO: Cost of Living in Charlotte, NC. They are also not accustomed to visitors and might treat you with suspicion if theyve never seen you before. What is the average home price in High Point NC? #62 in Best Places to Retire. Dont take our word for it, go find out for yourself. It also is a hub for finance and technology companies such as Wells Fargo, American Airlines, and Red Hat. I mean, the brilliantly beautiful changing leaves are alright. / The Mint Museum RAMSAY with its impressive collection from ancient Egyptian artifacts to contemporary American art will leave you in awe. Its a melting pot thats still melting and mixing, combining cultures as it tries to find its own definition. Charlotte is only cheaper than most cities in the US by about 1.7% when it comes to utility costs. Everyone is completely normal, culture is not diverse at all. It later progresses and discusses the ups and downs of living in this iconic city. There are times when it feels like no one lives in Charlotte. According to Zillow, the average home value in Greenville is about $230,000, which is up about 9% since last year. Also, in recent years, Charlotte saw positive growth in its job market, which is 2.7%. If you adore the ocean, you can have it close to you. Property taxes are also higher than in most areas in North Carolina because of the high quality of life enjoyed by residents. However, unlike many people any . However, many of the locals are reserved and difficult to get to know. Find a Yoga class, a festival, explore the culinary diversity, go hiking with friends or catch a match at the Bank of America Stadium or at a bar. The Carolina Panthers. Charlotte is a great city, like most places it has issues..Have you ever thought . When it comes to safety well, the Charlotte, North Carolina crime rates arent a bragging element. On average, front row Drake tickets are $850. There are many areas where you can live in Charlotte, NC which means that there are also many areas where you can go. About 15 percent of West Virginias population, by comparison, has food insecurity. However, if you are moving from major cities like New York or Chicago, the traffic in Charlotte is regular. Here are seven things to know. Both of these cities are unique destinations. If you dont work in finance or tech, your job opportunities could be slim. 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. 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. Loaf of bread: $3.12. There are football, basketball, and hockey teams here. Rent Trends. In addition to higher education, Charlotte is also home to several highly rated elementary, middle, and high schools. 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. You would have to earn a salary of $61,571 to maintain your current standard of living. Also, traffic for Charlotte is like traffic outside of rush hour for even larger cities. While the following list will cover the cons, they are open to interpretation and might seem less important to some than to others. Investing in the Charlotte, NC real estate market can provide a good long term profit, once the current climate changes. As such, your monthly paycheck can go further along. It is never frigidly cold. According to The Patch, Charlotte ranks in the top third of the best foodie cities in the U.S.but locals already knew that. What I can assure you about Charlotte is its job growth. Overall, Greensboro's crime rate is higher than the national average. And it continues to grow as the years go by. High tax burden. Credit. So, lets see what the Queen city is all about, shall we? In this article, we will explore the good and bad things about living in Charlotte North Carolina. The dark side - There are 2 that I am very well aware of. 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%). Let us start with the good things you can expect when you live in Charlotte, NC. The sales tax rate in North Carolina is 4.75% across the state, although county and local taxes can add to it. 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. 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. Also, more and more people are using the citys public transportation system. 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 . 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. 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. From Charlotte, you are also a few hours away from Atlanta or Charleston. 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. 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. In addition to these major employers, there are countless small businesses and start-ups that help create an environment ripe for economic success. Coffee shops are a great place to meet up with friends and catch up on life. Then, there were years of slavery and the booming of the industrial revolution. You can live in Charlotte for a lot less than you can a lot of other major cities. 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. While Charlotte certainly offers the convenience of an urban area, you shouldnt expect the same nightlife as larger U.S. cities. The moment you get off the plane, you are met with people preaching and handing out pamphlets. Charlotte is the sixth fastest-growing city in the country regarding population. Job Market. 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. This can be seen through the few languages spoken by most citizens and the limited types of food available around town. As its constantly growing, its like a clean slate for many new residents. The variance may not be huge. 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. Even if it is still considered a new city, Charlotte has had its fair share of history, some that even placed it in the history books of the nation. It is not the most expensive either. Provides: Assisted Living, Memory Care. 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. Compared to Atlanta, the city of Charlotte, NC is larger in population by 1.75 times and more than twice in regards to covered square miles. In fact, the median home price in Charlotte is $178,000, and the median monthly rent is $966. It is not the cheapest in North Carolina. Charlotte levels with the rest of the country when it comes to the cost of healthcare. Higher education is a significant factor when deciding where to live. Before moving to Charlotte, let's get you acquainted with its charm by noting these main selling points and areas of interest. The cost of transportation is cheap in Charlotte. 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. To name just a few. You can have your share of kayaking, whitewater rafting, hiking, and more. 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. 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. Several jobs related to healthcare have also sprouted in the job market in recent years. Here's why. Lil Wayne and Drake performed live on their joint tour last night at the PNC Music Pavilion in Charlotte, North Carolina. Despite having a bus and train line, Charlotte is definitely a driving city. 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. In 2018, about 873,000 new residents flocked to Charlotte to live and work. The total income needed is . 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. The Charlotte cost of living index is 97.9 while the Raleigh cost of living index is 95.1. Because of the acceptable traffic it may not seem like a lot but the miles will add up in time. 2. An added bonus: Saturday morning Burn Boot Camp workouts in Charlotte are co-ed, free and open to the public. Job growth overall has been at 2% since 2010, which compares favorably with Detroit at 0% or St. Louis at 1%. We get a score of 98.9/100, just under the national average. Charlotte at least tries to gentrify the hell out of areas. Relax and read it through! The median rent in Charlotte is $929.39, and the median cost of a home is $296,685both of which are quite a bit lower than other American cities, like New York, Los Angeles, and Chicago. However, like every city, Charlotte has its own set of perks and challenges that a future resident should be aware of. There is a dark side concerning taxes in South Carolina: Sales taxes. The City is a Foodie's Paradise. Charlotte offers an abundance of opportunities to experience visual art, music, theater, dance, and more. 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. 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. Overview. 5 things People Hate About Charlotte | Moving to Charlotte NC | Things to Know About the Charlotte http://www.SirAshley.com Call/Text 704-775-1236 Subscrib. The median rent for a two-bedroom apartment is $1,173. A considerable number of investing companies can only mean growth in its economy and finances. Please view our Disclaimer for more details. 1 Bad Things About Living in Charlotte NC. 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. While that number includes births and not just immigrants, it is still . It also stops running at midnight, making it difficult to travel from one part of the city to another after dark. 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. It can be difficult to find diversity here if you dont go looking for it. Governor Seat + County Economy Recovering, Local Nonprofit Makes A Difference + Recruitment Event For Women. Abundant outdoor activities. Public Transportation Doesnt Make Life In Charlotte Any Easier. Crime rates are high and the schools are terrible. Its not always a fun experience for out-of-towners, but if you know where youre going, there are some great restaurants and shops to be found, with that said, if you need help finding anything (or anyone), just ask a local theyll be more than happy to help. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'combadi_com-large-mobile-banner-1','ezslot_9',137,'0','0'])};__ez_fad_position('div-gpt-ad-combadi_com-large-mobile-banner-1-0');In Charlotte, you are never too far away from anything, hence, the perfect location. Pros And Cons Of Living In North Carolina. This makes it difficult to save up enough money for future goals or emergencies. One of the most dangerous parts of driving around Charlotte is other drivers. 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. Between 2010 and 2018 the Charlotte metro area became the 7th fastest-growing metropolitan area in the US. Catch a Panthers game at the Bank of America Stadium, situated comfortably on 33 acres and located right off I-277. 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. This can be seen clearly in the way in which the city is still developing. 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. 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. 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. Mint Hill Senior Living. While Charlotte won't win any awards for 'cheapest American city,' our cost of living is affordable. Theres even a pray on the move bus that drives around town to make sure nobody is left out of their church on Sunday morning. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 American Dailies | Powered by Astra WordPress Theme, 3. Theres always something new happening in Charlotte and Im sure youll find your niche soon enough! Are you moving to Charlotte anytime soon? Aside from that, the economy is growing. 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. 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. If you are deciding where to live in Charlotte, NC, Landing is here to help. 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. Recently, the Charlotte housing market forecast for 2020 was that it will continue to grow by 3.8% by 2021. 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. There are few jobs other than low-skill service jobs, which dont pay well because theres nothing else to do in Charlotte. Before you commit to becoming a full-blown Charlottean, take a look at living in Charlotte, NC pros and cons: Pro: Delicious food. 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. 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. (For more news like this, find your local Patch here. From hipsters to southern debutants - uh, we're all basically the same, y'know. 13. This only makes the Charlotte metropolitan area grow in rank as well. Your email address will not be published. If you have an iPhone, click here to get the free Patch iPhone app; download the free Patch Android app here.). Of course, there will always be bad sides. Its not uncommon for these congested roads to take 10 minutes or more to navigate through during peak hours. There are many things to love about living in Charlotte, but its affordable cost is the best! All public schools are highly rated, with some of the best teachers and staff members throughout the entire state. 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? 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. 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. 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. If they do however, the decrease could be brief and short lived. Cost of living: The cost of living in Charlotte, NC, is about 5 percent below the national average. Pay attention and invest in the next new, hot and happening neighborhood in an effort to make better revenues. 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. Native Hawaiian or Pacific Islander: 0.06%. Living in the Queen City, though, you'll likely eat out a lot. Winter brings its own set of issues with temperatures dropping into the 20s at times and snow occasionally coating roads, making travel treacherous. With only one light rail line connecting downtown with University City and two bus services, many areas of the city are not easily accessible. The area also has a variety of higher education opportunities that range from community colleges to universities. The unemployment rate in the city does not reach the 5% mark. 5,900 new listings, 4,800 pending sales and a median home price of $271,500. 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. Charlotte has a rich and vibrant history that is full of interesting stories and facts. Mosquitoes are a nuisance year-round, but they seem to be especially bad during the summer months. 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 development of the citys population can also lead to one thing. The number one worst thing about living in North Carolina is that food insecurity is high, according to Insider. What makes Charlotte more ideal is its thriving economy. The only public transportation available is the LYNX light rail system, which has a limited number of routes. NFL fans have much to enjoy in Charlotte--it's the home of the Carolina Panthers! Charlottes downtown has a maze of one-way streets and confusing intersections, making it hard to find your way around. Over that period of five years, there were also about 117,000 jobs created. East Carolina University is also located nearby and offers many undergraduate and graduate degree programs. 4. Strong winds from hurricanes or other storm systems can cause property damage and power outages that last for days or even weeks at a time. The cost of housing is cheaper than the national average. 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. This is the case even if youve been there before; its easy to get turned around. The soil in and around Charlotte makes it challenging to grow a garden. And so, whether you are Asian or African, Latino or European, you will always feel at home here. From over-the-top advertising to potholes, here are 20 bad things about living in Charlotte NC that you should know about. The average rent in this community-focused neighborhood comes in just under the city average at $1,247 a month, as of June 2021. Traffic congestion can be problematic in the downtown area and key access points. According to a study from US News, about 17 percent of the states population suffers food insecurity. 9. Most pay between 6.75% to 7%, although there are a handful of counties where the rate is 7.5%. For many residents, Charlotte is a city that can present a lot of possibilities and opportunities. Over the years, Charlotte was able to put up with enough diversity. Active retirees will love this suburb's numerous well-maintained city parks. North Carolinas cities are subsequently home to highly educated professionals in the fields of technology, business, finance, medicine, and more. As for cycling, well, just dont try it unless you enjoy risking your life. 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! We have good weather. Temperate weather and mild winters. Top 10 Reasons NOT to move to Charlotte, North Carolina. The best way to get rid of them is with mosquito repellent. 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%. The worst part is that there are no signs telling you what street youre on or which direction to go, so its up to you and your sense of direction.

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