Charlotte Was Just Ranked As One of America’s Best Cities To Live In

5784

The Queen City was just ranked on 24/7 Wall St.’s list of 50 best cities to live in.

We were officially ranked as the 26th best city in America, but given the fact that we are the only major city featured on the list, you could say that we’re ranked as the #1 best major city in America (most cities on the list have a population of under 100,000 – the only other large cities were #30 Lexington, KY and #10 Raleigh, NC)

According to the official report, “24/7 Wall St. considered roughly 590 cities the U.S. Census Bureau reported as having populations of more than 65,000 in 2016. Only the top performing city in each county was considered in our ranking. Data were collected in nine major categories: crime, demography, economy, education, environment, health, housing, infrastructure, and leisure.”

The Top 5 on the list include three small cities from Colorado, one from Georgia and one from Indiana, all will populations of less than 120,000.

Here’s what they had to say about the #26 city, Charlotte, NC:

“> Population: 842,029
> Median home value: $201,500
> Poverty rate: 13.4%
> Pct. with at least a bachelor’s degree: 44.1% (top 25%)

Charlotte is one of two cities in North Carolina with populations expanding at a near nation-leading pace and are among the 50 best places to live. Charlotte’s population increased by 24.7% over the past 10 years, more than three times the U.S. growth rate and the most of any city in North Carolina other than Raleigh or Cary.

Charlotte’s rapid growth is largely supported by a prosperous economy. North Carolina was one of the first states to allow banks to operate multiple branches within a single state, a regulation that led to banks rapidly expanding throughout Charlotte and the surrounding region. Today, Charlotte is home to the headquarters of Bank of America and the East Coast operations of Wells Fargo. Financial services is one of many sectors leading employment growth in the city, which was more than double the U.S. employment growth rate from 2014 to 2016. Charlotte is also home to numerous entertainment amenities including an NFL team, an NBA team, and the Carowinds amusement park.”

You can find out more about the ranking and their full methodology on their online report here.

Comments

comments