Charlotte s population is 2.6M, with a total workforce of 1.2M. The labor market grew by 18,400 jobs over the past year, up by 1.5%. The median household income in Charlotte is $63,241, 1.9% higher than last year and 0.1% above the national average of $63,179.
In the housing market, total permits issued totaled 23,739 over the last twelve months, up 2.8% year-over-year. Charlotte has 427 active new home projects on the market, 9.5% fewer than the 472 from last year. The average list price in the market is $343,889, 1.8% higher than last year and 7.0% above the national average. Over the last three months, new home contracts increased by 0.3% to 3,070. Charlotte and Concord had the highest concentration of the new home contracts in the Charlotte market.
