Buying Property in
Charlotte, North Carolina – USA

Charlotte is the largest city in the U.S. state of North Carolina and the seat of Mecklenburg County. In 2011, the estimated population of Charlotte was 751,087 according to the U.S. Census Bureau. This makes it the largest city in the United States based on population. The Charlotte metropolitan area is part of a sixteen-county market region with a 2011 U.S. Census population estimate of 2,442,564. (Source: Wikipedia on Charlotte, North Carolina).

The city is a major U.S. financial centre and is the second largest financial centre by assets following New York City. Bank of America calls Charlotte home, while Citi, Ally Financial, JPMorgan and Wells Fargo all host operations there. As a result, the city is one of the fastest growing metro areas in the nation, according to CNN Money. Charlotte is also the home to 75% of the NASCAR industry, including the NASCAR Hall of Fame. CNN Money also recently named Charlotte as one of its “Best Recovery Bets for Housing Markets”.

Statistics:

• Population: 751,087 (+38.9 since 2000)
• Median Income: $49,779 (+5.9% since 2000)
• Median Home: Price $175,600 (+33.5% since 2000)
• Median Rent: $811