Charlotte, North Carolina
What It Is Like to Retire in Charlotte
Charlotte, is located in the Piedmont region in North Carolina, and is the county seat of Mecklenburg County. It has a population of 874,579 (2020 census), and is the most populated county in the state.
Where to Retire in Charlotte and Home Prices
Charlotte has many 55+ active adult communities as well as many others that attract 55+ people. (see Active Communities link at left) Real estate conditions in Charlotte remain relatively strong -According to the National Association of Realtors the median sale price of a home in the Charlotte-Concord-Gastnia NC-SC area was $387,200 in the 1st quarter of 2023. Keep in mind that there are so many housing choices that prices vary tremendously.
What Is Special about Charlotte
Charlotte has one of the most vibrant economies in the U.S. It also has a tremendous number of active adult and over 55 developments to choose from. Charlotte was chosen the "Best Place to Live in America" in 2008 by relocate-america.com based on factors including employment opportunities, crime rates, and housing affordability.
What Is Not Special about Charlotte
Hot summers and seemingly unstoppable growth
Who Will Like Retirement in Charlotte
Retirees who need to work will be able to find it in Charlotte. Also, it attracts retirees who are looking for a milder climate and lower housing costs.
Local Economy Is Driven by
The finance industry is large employer in Charlotte, and in 2007 was headquarters to eight banks. Although Bank of America is the only one that is headquartered here today, the city remains a major hub for the financial services sector and is the 3rd largest banking center in the country.
Climate and Physical Environment
Charlotte is located in the humid sub-tropical part of America. Winters are milder than in the north but hot and humid in summer. The average July high temp is 90 and the average January low is 32. It is on the border of South Carolina towards the western end of NC
Restaurants & Cultural Scene
Charlotte is the home of UNC Charlotte, which has many cultural events. Several other private and public colleges provide culture as well. The public library is well-funded. The wealthy corporations and their prosperous employees in town help fund other cultural events as well.
Crime
Charlotte is a major city, and its crime rate is above average.
Medical facilities
Charlotte has numerous hospitals including Carolinas Medical Center and Presbyterian Hospital. There are medical specialists of every description.
Transportation
Charlotte is a major airline hub for American Airlines, and is served by Interstates 77 and 85. CATS operates mass transit including light rail and historical trolleys.
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