Charlotte, NC has been a prime city for relocation for years. The city is ranked as one of the top 4 metros for growth in the US and as one of the top 10 cities to move to in the US. The Queen City is known for the banking industry but has also emerged as a technology hub in the Southeast. Therefore, this has attracted millennials in recent years for the quality of life offered compared to other tech hubs in the nation.
Moving Patterns From the Pandemic
As companies have sent employees home this year, many have made the decision to work-from-home permanent. This is giving people opportunities to move that they may not have had before as they won’t have to factor in an office commute each day. People between the ages of 20 to 35, the demographic most likely to move, may move into cities like Charlotte that have a lower cost of living but still offer competitive pay.
Charlotte Ranks at #9 as Top Places to Live
Nationally 5.3% of employees reportedly worked from home before the pandemic. Places like Raleigh, NC, Denver, CO, and Austin, TX are among the top cities that already had the highest number of people who regularly worked from home. The top 10 rising cities with higher-than-average amounts of residents who work from home have been ranked by the cost of living and housing information based on the most recent Census data.
- Raleigh, NC
- Denver, CO
- Austin, TX
- Portland, OR
- Sacramento, CA
- Atlanta, GA
- Phoenix, AZ
- Tampa, FL
- Charlotte, NC
- San Francisco, CA
Charlotte’s share of workers that worked from home before the pandemic was reported at 7.3%. The median household income is $60,886 per year, the median rent is $1,086 per month, the median home value is $200,500, and the estimated population is 885,708 in the city.
Are you thinking of relocating to or from the Charlotte area? Our affiliation with Leading Real Estate Companies of the World® ensures you will be placed with the best agent for your needs. Let our Director of Relocation, Catharine Pappas answer your questions about the Queen City or connect you with a top agent in your destination by contacting her at 704.661.2402.