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With nearly 50,000 people moving to the area every year, it is good to know the Charlotte area and the breakdown of who lives here. Since Charlotte has been the focus of some recent positive publicity in the national news for our real estate market, let’s take a look at the greater Charlotte area called Mecklenburg County…statistically.
Mecklenburg County is 527 sq miles and is home of 7 municipalities: The City of Charlotte (the county seat), Cornelius, Davidson, Huntersville, Matthews, Mint Hill, and Pineville. 827,445 people live in Mecklenburg County with a 49/51% female/male ratio. The median age of Mecklenburg County is 35 years old. 13% of residents are foreign born and 43% North Carolina born. 38% of residents have a college degree or better and 88% have graduated high school. The median household income is $51,945. The top occupations in Mecklenburg County are:39% Management and Professional28% Sales and Office14% Service10% Production, Transportation, and Materials Moving 9% Construction, Maintenance, and Repair While the average commute time is 24.7 minutes, the breakdown of commuting to work is as follows:76% Drive to work alone14% Carpool3% Take Public Transportation 3% Other
There are 336,000 occupied housing units in Mecklenburg County. 64% own and 36% rent. The median monthly mortgage is $1,370 where the median monthly rent is $746.
In Charlotte, 648,000 people live in 266,000 housing units with a median household income of $48,672. Charlotte’s land mass is now 242 sq miles which is 46% of Mecklenburg County. The 10 largest employers in Charlotte are:Carolinas Medical Center—26,283Wachovia—20,000Bank of America—13,960Wal-Mart—12,918Food Lion—8,658Charlotte-Mecklenburg Schools—7,500Duke Energy—7,500N.C State Government—7,479City of Charlotte—5,896Adecco—5,000 *Information gathered from Census Bureau/2006 |
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