What Charlotte, NC Could Look Like By 2025... Lots Of Growth Ahead {Infographic}

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Real Estate Agent with RE/MAX Executive | Charlotte, NC
http://actvra.in/58wk

 

Charlotte, North Carolina's growth has been nothing but short of explosive in the past couple of decades. Those of us who moved here in the past 20 years can attest to the growth and major changes in our landscape. The Queen City ranked #2 among the country's 25 largest cities for population growth between 2010 and 2013. Of the top 10 fastest growing cities in North Carolina, Charlotte ranked #1 in growth from 2010-2015, increasing population by 12.4% during these five years. In fact, Charlotte added more residents in 2016 than all but 10 cities in the USA, according to the U.S. Census Bureau. 

 

So what will Charlotte's population growth look like over the coming seven years and what will Charlotte look like in 2025? The infographic below from Lawnstarter provides a "sneak" peak at projected population growth by county. Mecklenburg, Union, Iredell, and Cabarrus Counties on the North Carolina side of the Charlotte "border" and York County on the South Carolina side of the Charlotte "border" are projected to see double digit growth between now and 2025. And Lancaster County in South Carolina, just south of Charlotte's Ballantyne area is not far behind double-digit population growth at 9.4%.

 

This population growth is expected to increase Charlotte area's economic growth by 25% by 2025 with the health care and social services sectors projected to grow by 42.6%. Charlotte has been a financial powerhouse for almost 20 years, and the banking/financial sector also is projected to grow by another 28% by 2025. It's worth pointing out that a new ranking report by  financial website WalletHub has ranked North Carolina as the 15th-best overall economy in the country. With Charlotte being the largest city in the state, it's logical that the Queen City enjoys and will enjoy continued growth in the years to come.

 

What does this mean for home buyers and sellers in the Charlotte area? Demand for homes will remain steady; home values should increase; new construction will increase in importance to maintain inventory for increased housing demand. 

 

What Will Charlotte Look Like In 2025?

 

 

Find out which are Charlotte area's fastest growing suburbs.

 

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If you are considering selling or purchasing a home in the Charlotte metro area, I'd love an opportunity to earn your business, exceed your expectations, and to prove to you that:

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Nina Hollander, Broker, Realtor / REMAX / Carolinas Realty Partners / Ph: 704.779.0813 / F: 704.341.3346 / E: Nina@NinaHollander.com / W: www.GreatHomesInCharlotte.com

Nina Hollander
Broker, Realtor, CRS, GRI, ABR, SRES, CDPE, SFR, SPS, CMRS
Carolinas Realty Partners with RE/MAX Executive Realty
Direct: 704-779-0813
Website: www.GreatHomesInCharlotte.com
Blog: http://activerain.com/blogs/ninahollander
Search for Charlotte Area Homes: www.HomesInCharlotteArea.com

2007 - 2016 Charlotte Magazine 5-Star Customer Satisfaction Award Winner

 

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Disclaimer:  Nothing in this blog article is to be construed as legal advice, tax advice, or financial advice.  For legal advice see an attorney.   For tax advice or financial advice see a tax attorney, certified public accountant, or other qualified professional.

 

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Ambassador
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Nina I love the infographic.  That is a lot of growth in a very short period of time.

Nov 28, 2017 07:57 PM #21
Rainmaker
2,240,081
James Dray
Fathom Realty AR LLC - Bentonville, AR
Exceptional Agents, Outstanding Results

Good morning Nina.

Goodness! those are some impressive numbers.  Looks like you'll be busy at least through 2025

Nov 29, 2017 01:34 AM #22
Rainmaker
2,104,506
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Waxhaw/Fort Mill Area Realtor

Debb Janes EcoBroker and Bernie Stea JD ~ hi Debb... Charlotte is easy to make look good and many companies are finding this out and moving their HQ's and/or operations here.

Nov 29, 2017 03:45 AM #23
Rainmaker
2,104,506
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Waxhaw/Fort Mill Area Realtor

Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents ~ hi Elizabeth... there is some smart growth happening here... we don't want to be another Atlanta. Light rail is being expanded... also, because we have four major centers of commerce and everything doesn't just flow into uptown every morning and evening, it helps diffuse traffic and parking issues. Of course, compared to 20 years ago there is more traffic but when I have people in my car who are moving here from out of town and I point it out, they just laugh... they don't think what we consider bad traffic as anything much at all.

Nov 29, 2017 03:47 AM #24
Rainmaker
2,104,506
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Waxhaw/Fort Mill Area Realtor

George Souto ~ hi George... having watched Charlotte grow since we moved here almost 20 years ago, I can tell you that watching it first-hand is way more amazing than seeing the numbers on the infographic. 

Nov 29, 2017 03:48 AM #25
Rainmaker
2,104,506
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Waxhaw/Fort Mill Area Realtor

James Dray ~ good morning, James... the only questionis do I want to be all that busy for another 7 years or do I start kicking back?

Nov 29, 2017 03:49 AM #26
Rainmaker
3,931,810
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

This is a real eye opener for all Charlotte residents and businesses, Nina.  Fascinating stuff.

Nov 29, 2017 04:39 AM #27
Rainmaker
2,104,506
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Waxhaw/Fort Mill Area Realtor

Gabe Sanders ~ good morning, Gabe... it's an eye opener even for those of us who've lived here through the last two decades worth of growth. Exciting times for what was a sleepy, little Southern town not all that long ago.

Nov 29, 2017 05:55 AM #28
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Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Although projecting to 2025 is a crystal ball prediction and subject to change, I can believe that Charlotte is on a solid trajectory.

Nov 29, 2017 06:09 AM #29
Rainmaker
2,449,625
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

That is some growth Nina Hollander , i am always amazed flying into Charlotte and seeing all the new homes being built

Nov 29, 2017 07:13 AM #30
Rainmaker
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Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Wow Nina Hollander,  Nina looks like to many people will be there, you will never retire, they will keep you working.  Hahaha

Nov 29, 2017 07:18 AM #31
Rainmaker
2,661,554
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo & Home Sale Specialists

Future buyers will benefit from this infographic and like what they read, and Charlotte residents won't want to go anywhere else!

Nov 29, 2017 07:59 AM #32
Rainmaker
2,253,480
Rebecca Gaujot
Perry Wellington Realty, Adam Conrad, Broker - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

I'm going to send this to my sister. She lived in Charlotte for 20+ years. Charlotte certainly has changed  since the first I visited my sister.

Nov 29, 2017 08:57 AM #33
Rainmaker
2,104,506
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Waxhaw/Fort Mill Area Realtor

Joe Pryor ~ hi Joe... from everything I read and hear these numbers are pretty much on track for Charlotte.

Nov 29, 2017 09:28 AM #34
Rainmaker
2,104,506
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Waxhaw/Fort Mill Area Realtor

Rebecca Gaujot ~ hi Rebecca... the changes in Charlotte over the last 20 years since we moved here have been nothing short of astonishing.

Nov 29, 2017 09:28 AM #35
Rainmaker
2,104,506
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Waxhaw/Fort Mill Area Realtor

Will Hamm ~ hi Will... who knows... maybe I'll have to be like a lot of native Charlotteans and get out of Dodge when it gets to be too much.

Nov 29, 2017 09:29 AM #36
Rainmaker
2,104,506
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Waxhaw/Fort Mill Area Realtor

Scott Godzyk ~ hi Scott... Charlotte is the land of new construction (until we run out of land).

Nov 29, 2017 09:30 AM #37
Rainmaker
2,104,506
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Waxhaw/Fort Mill Area Realtor

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 ~ hi Sheila and Larry... growth will certainly put pressure on housing in our area. I've ready somewhere that within the next 10 years we might have no land in a 50 mile radius left to build on. Obviously, time will tell.

Nov 29, 2017 09:31 AM #38
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

How fun to see the huge changes that are likely to take place in Charlotte. Thanks for sharing.

Nov 29, 2017 08:01 PM #39
Rainmaker
2,104,506
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Waxhaw/Fort Mill Area Realtor

Debbie Reynolds ~ hi Debbie... if these projections had come out 20 years ago for 2025 we'd have all fallen on the floor laughing. 7 years out from 2025 we see it happening.

Nov 30, 2017 03:40 AM #40
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