In an economic landscape that is constantly changing, a city’s prosperity is not only brought by a robust job market, but also by investments in infrastructure, local entrepreneurship, innovation and community.
CoWorkingCafe just cruched the latest economic data across 11 key metrics — including GDP growth, job gains, housing expansion, export strength and infrastructure buildout — all detailed in the methodology section of this study.
Here are a few key details from the 2025 Economic Growth Report:
- Charlotte claimed the 10th spot among large cities for economic growth.
- The city recorded the second highest unemployment rate drop between 2019-2023 of 1%, while also ranking third in employment rate growth at 1%.
- Population grew by 3.9% over the same period — the fourth-highest increase among large cities — and the GDP surged by 38% and housing by 9%, placing Charlotte fifth nationwide for these metrics.
- Charlotte also saw a 4% increase in educational attainment — the eighth-highest among large cities. The median income in the area grew by 28%, reaching $47,587.
- Other North Carolina cities that faired well were Durham, ranking 13th among mid-sized cities, with a median income increase of 34% (placing fifth for this metric), and Concord in the 21st spot among small cities. This city saw a 1% drop in unemployment rate, placing third for this metric.
Full data and methodology: https://www.coworkingcafe.com/
