Charlotte Named 2017’s 2nd Fastest-Growing Large City in America

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charlotte-most-attractive-real-estate-markets-in-americaWith economic growth expected to slow in the short term after a devastating hurricane season, the personal-finance website WalletHub conducted an in-depth analysis of 2017’s Fastest-Growing Cities in America.

To determine where the most rapid local economic growth occurred over a period of seven years, WalletHub’s analysts compared 515 U.S. cities across 15 key metrics. The data set ranges from population growth to college-educated population growth to unemployment rate decrease. In addition, we produced a separate ranking by city size.

Economic Growth in Charlotte (1=Fastest-Growing; 258=Avg.)

  • 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 2nd in terms of large-city growth.

For the full report, you can visit: wallethub.com/edu/fastest-growing-cities/7010/

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