In 2018, Charlotte, North Carolina had a population of 873k people with a median age of 34.7 and a median household income of $60,764 dollars. Between 2017 and 2018 the population of Charlotte, NC grew from 859,052 to 872,506, a 1.57 percent increase and its median household income declined from $61,350 dollars to $60,764 dollars, a -0.955 percent decrease.
The population of Charlotte, NC is 40.8 percent White Alone, 34.9 percent Black or African American Alone, and 14.5 percent Hispanic or Latino. 22.8 percent of the people in Charlotte, NC speak a non-English language, and 88.8 percent are U.S. citizens.
The largest universities in Charlotte, NC are the University of North Carolina at Charlotte (7,158 degrees awarded in 2017), Central Piedmont Community College (2,997 degrees), and Queens University of Charlotte (705 degrees).
The median property value in Charlotte, NC is $230,900 dollars, and the homeownership rate is 52.5 percent. Most people in Charlotte, NC commute by Drove Alone, and the average commute time is 23.8 minutes. The average car ownership in Charlotte, NC is 2 cars per household.
In 2017, universities in Charlotte, NC awarded 12,984 degrees. The student population of Charlotte, NC is skewed towards women, with 26,311 male students and 30,425 female students.
Most students graduating from Universities in Charlotte, NC are White (6,726 and 56.2 percent), followed by Black or African American (2,766 and 23.1 percent), Hispanic or Latino (1,102 and 9.21 percent), and Asian (486 and 4.06 percent).
The largest universities in Charlotte, NC by the number of degrees awarded are the University of North Carolina at Charlotte (7,158 and 55.1 percent), Central Piedmont Community College (2,997 and 23.1 percent), and Queens University of Charlotte (705 and 5.43 percent).
The most popular majors in Charlotte, NC are Liberal Arts & Sciences (1,193 and 9.19 percent), General Business Administration & Management (787 and 6.06 percent), and Registered Nursing (509 and 3.92 percent).
The median tuition costs in Charlotte, NC are $23,312 dollars for private four-year colleges, and $3,812 dollars and $17,246 dollars respectively, for public four-year colleges for in-state students and out-of-state students.
The economy of Charlotte, NC employs 473k people and Charlotte has an unemployment rate of 3.7 percent. Charlotte has seen the job market increase by 2.7 percent over the last year. Future job growth over the next ten years is predicted to be 45.2 percent, which is higher than the US average of 33.5 percent. The largest industries in Charlotte, NC are Finance & Insurance (54,760 people), Retail Trade (47,524 people), and Health Care & Social Assistance (50,657 people), and the highest paying industries are Management of Companies & Enterprises ($85,364 dollars), Finance & Insurance ($73,201 dollars), and Finance & Insurance, & Real Estate & Rental & Leasing ($70,969 dollars).
Households in Charlotte, NC have a median annual income of $60,764 dollars, which is less than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $61,350 dollars in 2017, which represents a -0.955 percent annual growth.
Tax Rates for Charlotte
– The Sales Tax Rate for Charlotte is 7.3 percent.
– The Income Tax Rate for Charlotte is 5.5 percent.
– Tax Rates can have a big impact when Comparing the Cost of Living.
Income and Salaries for Charlotte
– The average earnings of a Charlotte resident are $31,844 dollars a year.
– The Median household earnings of a Charlotte resident is $53,274 dollars a year.