Forbes magazine just released their Top 25 Fastest Growing Cities of 2018 list – the Charlotte region came in at #19.
According to the report, they used “growth of population, employment, wages and economic output” as well as home price growth as a proxy for wealth to determine their overall ranking.
Charlotte was ranked just behind Colorado Springs (#18) and just ahead of Fort Lauderdale (#20).
Here are Charlotte’s numbers for 2018 (along with each corresponding ranking), according to Forbes;
19. Charlotte-Concord-Gastonia-NC-SC Metropolitan Statistical Area
Population growth 2017: 2.04% (11)
Projected population growth 2018: 2.07% (11)
Job growth 2017: 2.41% (23)
Projected job growth 2018: 1.74% (39)
Gross Metro Product growth 2017: 2.51% (48)
Projected GMP growth 2018: 4.20% (24)
Wage growth 2017: 4.84% (17)
Projected wage growth 2018: 5.88% (23)
Home price growth 2017: 8.88% (21)
Projected home price growth 2018: 3.79% (40)
Rank 2017: 19
While our population, wage growth, and GMP are both expected to rise at a higher rate this year, our job growth and home price growth are both expected to be lower than they were last year.
What do you think our city could do to improve?
How do you think we can grow in a healthier way?