Low cost of living, classy amenities, and concentrated talent land Charlotte at the top of in-migration stats
In 2018 alone, the Charlotte metropolitan area grew by 44,350 residents.
November 13, 2019
- In 2018 alone, the Charlotte metropolitan area grew by 44,350 residents. Broken down, that is 853 new residents a week, and 122 a day.
- Ranked No. 20 in US News & World Report’s “Best Places to Live,” Charlotte moved up two spots in 2019, from No. 22 the year prior. A combination of factors contribute to this move up the charts: low cost of living, a dense concentration of high-class amenities, attractive business climate, and a skilled workforce all attract residents to the area.
- These factors also attract and retain major corporate users. The recent Lowe’s expansion and Honeywell relocation highlight the pull of the Queen City. The talented labor pool promises a quality and innovative workforce for employers; and the low cost of living ensures that employees can live and work in the same place, all while enjoying the unique amenity pool.
Source: JLL Research, US Census Bureau, US News and World Report