Charlotte’s Growth Tops 2017 List by WalletHub

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!