The personal-finance website WalletHub recently named Charlotte as the second fastest growing large city in the U.S.
To determine where the most rapid local economic growth occurred over the last seven years, WalletHub’s analysts compared 515 U.S. cities across 15 key metrics. The categories range from population growth, to college-educated population growth, to unemployment rate decrease. Here’s how Charlotte stacks up in terms of economic growth (1 = Fastest-Growing and 258 = Average):
41st– Population Growth
134th– Median Household Income Growth
17th– Job Growth
125th – Poverty Rate Decrease
148th – Regional GDP Growth
1st – Growth in Number of Businesses
35th– Working-Age Population Growth
222nd– Foreclosure Rate Decrease
Charlotte ranks 20th overall and second for large-city growth. To view the full report and for more information, click here. Dickens Mitchener’s market-leading agents are available to answer all your questions and help you find your dream home in the Queen City. Contact us today to get started!