Friday, June 09, 2017 / by Marketing Team
Why People Move to CharlotteAs a popular city, Charlotte, NC is a place where the economy and cost-of-living keep the population growing. And with a comfortable climate, and lots of recreational activities for all ages, it makes a good prospect for families as well as singles who may be interested in relocating to the Queen City due to employment, school, or retirement. And in 2017, Charlotte has been ranked one of the most affordable places to live in the U.S.
Why People are Moving to and from CharlotteThe Queen City is most often attractive to outside shoppers who live in other North Carolina locations like Greensboro, Raleigh, Wilmington, Columbia, Greenville, but also cities from other states of Greenville, SC, Bluefield, WV, and the Tri-Cities in TN of Kingsport, Johnson City, and Bristol, as well as Nashville, TN. Charlotte was also recently ranked by Zillow as one of the cities where locals are also leaving.
To understand why more locals tend to leave while outsiders move into the bustling metro area, it’s important to note that the largest segment of the population in Charlotte as well as across the entire country is with the 30-something age group.
With this age group:
- 48% of adults in their 30s who live in Charlotte are married, which is just under the national average of 55%, and 57% throughout North Carolina. Many of the couples and families in their 30s are still establishing careers, may be just starting to have children, or have school-aged children, and are evaluating housing possibilities in a multitude of ways – which may take them out of Charlotte in order to pursue whatever their main priorities happen to be.
- Adults 30 and older are saving up for a first-time or larger home, and most often move every few years. Therefore, if they bought a Charlotte home in their 20s, or have been saving up since then, these 30-somethings are shopping around to other similar cities or states, where they can find housing that matches their current needs, as their finances and the economy keeps changing. If they can afford it, they may stay put, but otherwise many more adults in this age range will continue to move at least one or two more times before reaching their 40s. That’s why there are just as many who choose to move out of Charlotte as there are those who move in.
Other prominent age groups who are eager to call Charlotte home are retirees and college graduates, many of whom base their decision off of housing affordability and ease of convenience between where they live and points of interest within their neighborhood and the community at large.
Are You Looking for Homes for Sale in Charlotte, NC?If you are planning to make a move to Charlotte this summer, you won’t want to miss listing from the top neighborhoods of Eastover, Commonwealth, Barclay Downs, or Dilworth.
Let Showcase Realty make it easy for you to compare options and choose the best one for your needs! Get started today by giving us a call at 704-997-3794 or send us a message here.