Known for its financial services and distribution, Charlotte is home to 12 Fortune 500 companies and 15 Fortune 1000 companies. Bank of America, Lowe’s and Duke Energy are a few located here. Charlotte draws in close to 100,000 new people every year, making it the largest metropolitan area between Atlanta and Washington, D.C. With a projected 23.7% increase in population from 2014-2025, the area will soon hold a total of 2.8 million people. The region is expected to be home to 14 Fortune 500 companies by 2025. The expansion of technology companies and low cost of living leaves Charlotte as solid buy for investors and is ranked #6 for lowest cost of living, compared to salary, out of all the tech hubs in the U.S.
Expected growth rate of each individual sector from 2015 to 2025:
The northwest is appealing to those interested in outdoor activities such as whitewater rafting, hiking, and camping. Lake Norman, a popular site for outdoor activities, is close to Huntersville, which is one of the top 5 highest performing school areas that have affordable housing. The northwest also has a newly constructed $600 million dollar casino.
The newly developed Blue Line Light Rail Extension provides alternative transportation for those in the area. Exponential economic growth expected from the project making the Northeast one of the best long-term places to invest. The area also includes UNC Charlotte and IBM Innovation Center. The best school district in the northeast is Mooresville, ranked #4 in all of Charlotte. Cabarrus County is projected to have a 24% increase in population by 2025, which is the 2nd largest population increase in all of the Charlotte counties.
Having the Charlotte Douglas International Airport and best public schools in Charlotte, the southwest includes 3 of the top 5 suburbs based on performance of schools nearby. The top suburbs in Charlotte are (#1) Tega Cay suburbs, (#2) Fort Mill suburbs, and (#5) Lake Wylie suburbs. Additionally, a popular location within Charlotte is the Ballantyne zip code (28277), which is ranked as one of the top 5 areas with affordable housing next to great-performing schools. However, not everyone can afford to live next to Lake Wylie. On top of the best schools in Charlotte, the southwest is a short commute to watch NFL, NBA and NHL games downtown.
Union County public schools ranked #4 in all of North Carolina; there is a predicted increase of population of 23% by 2025 in the county. Both the 28270 and 28105 (Matthews) are ranked as two of the most affordable housing areas with great local schools. As a whole the area is well priced and located next to great-performing schools. But another upside to the southeast is the short commute to the busy Stonewall Street, which has Stonewall Station, Whole Foods, and newly built hotels.
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