Getting To Know Charlotte
Charlotte is no doubt one of the most desirable places to live in North Carolina, and for good reason. There are many reasons that the city is growing at a record pace, so if you’re considering a move to Charlotte: know that you’re not alone. We know how challenging it can be to move to a brand new city, and that’s why we’ve put together this list of 7 Things to Know Before You Move to Charlotte.
1. Charlotte is the “second largest financial center in the nation.”
This according to Bob Morgan, the President and CEO of the Charlotte Chamber of Commerce. Bank of America calls Charlotte home, while other industry leaders including Citi, Ally Financial, Wells Fargo and JPMorgan all host operations in the city as well.
2. Charlotte is growing, fast.
From 2000-2010, Charlotte was ranked the fastest growing city in America, experiencing 64.6% population growth. People of all ages are moving to Charlotte for everything from job opportunities to settling down. Note: Raleigh was number two on the list of fastest growing cities in the USA, with a population growth of 63% – there’s just something about North Carolina!
3. People are moving BACK to Charlotte.
One of the interesting things about Charlotte is that people are actually moving back. This speaks volumes to the city’s charm. The phenomena has been so well documented it has actually been given a name – the “half-back” phenomena. North Carolina receives a large number of people who initially retire to Florida, but later decide to head back north for Charlotte.
4. Charlotte is nicknamed “The Queen City,” and “The Hornet’s Nest.”
The city of Charlotte received its name in honor of Charlotte of Mecklenburg-Strelitz, who had become queen consort of Great Britain the year before the city’s founding. A second nickname derives from the American Revolutionary War, when British commander General Cornwallis occupied Charlotte, before watching the city be taken back by the local residents. This event prompted General Cornwallis to dub the city “the hornets nest.”
5. Charlotte has four distinct seasons.
Charlotte has a humid subtropical climate with four very distinct seasons. Winters are short and cold, while the summers tend to be hot and humid. Temperatures vary from an average of 40 degrees fahrenheit in January to 78 degrees in July, so expect to see a different city from season to season.
6. Charlotte knows motorsports.
Charlotte is one of the most important cities in the U.S. motorsports industry, housing multiple offices of NASCAR, the NASCAR Hall of Fame and the Charlotte Motor Speedway in Concord (the second largest city in the Charlotte metropolitan area). Top professional racers are continuing to move to Charlotte, as the city is proving to be a hub for the racing technology industry. Approximately 75% of NASCAR teams live in or around the Charlotte area.
7. Charlotte is affordable.
Charlotte is proud to boast one of the most affordable places to move to in the USA at the moment. The city’s housing market is 23% below the national average, with the cost of living being 9% below the national average. It’s this affordability that make Charlotte popular with a wide array of demographics, and not just one group of individuals.
Is there anything else that future residents of Charlotte should know? Don’t hesitate to leave a comment!