Charlotte is a modern urban and financial center grown up dramatically from its previous agricultural and regional banking roots. Today the city is reputedly the headquarters for more banks than any city outside New York, and is the home to such financial heavyweights as BankAmerica and Wachovia, as well as Lowe’s (home improvement retail) and specialty steel maker Nucor. A diverse commercial and industrial economy has developed around the financial industry. Downtown is a mix of contemporary skyscraper architecture and a number of well-preserved 19th-century neighborhoods.
The unemployment rate in Charlotte is 4.50 percent(U.S. avg. is 5.20%). Recent job growth is Positive. Charlotte jobs have Increased by 3.50 percent.
COST OF LIVING
Compared to the rest of the country, Charlotte’s cost of living is 2.80% Lower than the U.S. average.
As of 2014, Charlotte’s population is 827,097. Since 2000, it has had a population growth of 108.90 percent.
Average Commute time is 25 minutes The National Average is 26 minutes.
The median home cost in Charlotte is $169,700 Home appreciation the last year has been 14.05 percent.