Charlotte, North Carolina 

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Economy in Charlotte, North Carolina

Charlotte has an unemployment rate of 4.5%. The US average is 5.2%.

Charlotte has seen the job market increase by 3.5% over the last year. Future job growth over the next ten years is predicted to be 42.5%, which is higher than the US average of 38.0%.

Tax Rates for Charlotte
- The Sales Tax Rate for Charlotte is 7.3%. The US average is 6.0%.
- The Income Tax Rate for Charlotte is 5.8%. The US average is 4.6%.

Income and Salaries for Charlotte
- The average income of a Charlotte resident is $31,844 a year. The US average is $28,555 a year.
- The Median household income of a Charlotte resident is $53,274 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

Download .xls

  ECONOMYCharlotte, North CarolinaUnited States
  Unemployment Rate4.5%5.2%
  Recent Job Growth3.5%1.6%
  Future Job Growth42.5%38.0%
  Sales Taxes7.3%6.0%
  Income Taxes5.8%4.6%
  Income per Cap.$31,844$28,555
  Household Income$53,274$53,482
  Family Median Income$64,349$65,443
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting0.2%1.3%
  Mining, quarrying, oil and gas extraction0.0%0.6%
  Construction6.2%6.2%
  Manufacturing7.6%10.4%
  Wholesale trade3.2%2.7%
  Retail trade10.8%11.6%
  Transportation and warehousing4.4%4.1%
  Utilities00
  Information2.8%2.1%
  Finance and insurance10.8%4.7%
  Real estate, rental, leasing2.3%1.9%
  Professional, scientific, technical services8.4%6.7%
  Management of companies0.1%0.1%
  Administrative, support, waste mgt svcs5.3%4.3%
  Educational services7.2%9.3%
  Health care and social assistance11.7%13.8%
  Arts, entertainment, recreation2.2%2.2%
  Accommodation, food services8.9%7.4%
  Other services5.0%4.9%
  Public administration2.0%4.8%
ECONOMY MAP

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Reviews for Charlotte    293 Reviews
Very Underrated... but maybe that's a GOOD thing? - 7/5/2018
As another reviewer posted earlier... This city DOES remind me of a "young" Dallas... what with the Uptown, NoDa, Dilworth neighborhoods and the VERY impressive Light... Read More

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The Next Dallas... - 5/15/2018
This city will be the NEXT Dallas.. Or what Dallas was in it's PEAK YEARS (minus the fact that NC has a state tax lol) The Uptown Charlotte area is INCREDIBLE and... Read More

Big mistake moving here - 4/7/2018
We relocated from Miami mainly to escape the outrageous real estate prices and rude people. I researched places to move and decided to settle in Charlotte. We purchased... Read More


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