Charlotte, NC Ranked #4 Of Top 10 Moving Destinations In 2021

By
Real Estate Agent with Coldwell Banker Realty

 

CHARLOTTE, NC RANKED #4 IN TOP 10 MOVING DESTINATIONS IN 2021

 

Penske Truck Rental's Top 10 Moving Destinations for 2021

#1 Houston, TX 

#2 Las Vegas, NV 

#3  Phoenix, AZ 

#4 Charlotte, NC 

#5 Denver, CO 

#6 San Antonio, TX 

#7 Dallas, TX 

#8 Orlando, FL 

#9 Austin, TX 

#10 Chicago, IL 

 

Top 10 Moving Destinations In 2021 From Penske Truck Rentals

Infographic Credited To Penske Truck Rental

 

WHAT THIS MEANS FOR THE GREATER CHARLOTTE REGION

Home buyers in the Greater Charlotte region will continue to face strong competition and tight housing inventory in the coming months. Despite the recent increases in mortgage rates, home buyers need to be prepared for strong competition for homes, which means bidding wars in certain areas and days on market remaining low. Home affordability will also continue to suffer.

 

Despite a decrease in population growth nationally, North and South Carolina continue to add population at a faster clip than much of the rest of the nation, according to the US Census. Combined with population growth in Georgia, Tennessee, and Florida,  the southeast will  become an increasingly bigger player both economically and politically as people move here.

 

WHERE ARE PEOPLE MOVING FROM TO GREATER CHARLOTTE?

People have continued to move to the Greater Charlotte area in large numbers despite the pandemic. Some 120+ people are moving to the Charlotte region every day. The population in Charlotte, Gastonia and Concord has grown by 150,000 people within the last decade, according to the latest Census.

 

People are moving here from all over the U.S. but most, around 6,500, came from New York City. According to Senior Vice President of Business Recruitment Stephen Pearce at the Charlotte Business Alliance,  “Charlotte area is one of the top 10 markets for those people who are looking to move out of the Manhattan area."

 

Money Geek recently ranked Charlotte as the 7th best city for finding a job,  based on key metrics like job and wage growth, unemployment rate, and housing affordability. Through 2028, North Carolina forecasts 300,000 new jobs, most of which will be created in Charlotte and nearby Raleigh.

 

CHARLOTTE REGION POPULATION GROWTH 2010-2020

Charlotte Region Population Growth 2010-2020

Source: Charlotte Regional Business Alliance

 

The Charlotte Region's growth of 16.3% since 2010 is more than double the national average. Charlotte is now the 7th fastest growing large U.S. metro area. Moreover, the Charlotte Region is expected to grow by another 50% by 2050 with the region's population growing from about 3 million to 4.5 million.

 

 POPULATION AND DEMOGRAPHIC CHANGES IN THE CHARLOTTE REGION

 

WHY ARE PEOPLE MOVING TO THE CHARLOTTE REGION?

Reasons for these moves include people moving here for jobs, for a lower cost of living, lower taxes, more space and less density, better quality of life, to follow children to be closer to grandchildren (the region ranks #1 for baby boomers who've chosen to retire close to their grandchildren, according to Meyers Research.) In fact, these baby boomers now have a new name -- "baby chasers." And because Charlotte is one of the top cities in the nation attracting millennials, it's become a top destination city for the parents of those millennials, as well.

 

JOBS, JOBS, JOBS IN THE GREATER CHARLOTTE AREA

MoneyGeek recently ranked Charlotte as the 7th best city for finding a job, based on key metrics like job and wage growth, unemployment rates, and housing affordability. Through 2028, North Carolina forecasts 300,000 new jobs, most of which will be created in Charlotte and nearby Raleigh. Future job growth in Charlotte region over the next 10 years is predicted to be 45.2%, which is higher than the US average of 33.5%.

 

The Charlotte Region's First Quarter 2022 got off to a strong start with the largest number of announced jobs in three years -- 4,680 new jobs, a net new job change of 16,100, and an unemployment rate of just 3.7%.

 

ECONOMIC GROWTH REPORT FOR CHARLOTTE REGION

 

THINKING ABOUT MAKING YOUR OWN MOVE TO CHARLOTTE?

 

Don't Move To The Charlotte, Waxhaw, Fort Mill, Indian Land, Ballantyne Area Without Carolinas Realty Partners' Free Relocation Package!

 

Moving your family to another town or state is, no doubt, a significant event in anyone's life. Carolinas Realty Partners with Coldwell Banker Realty, have helped hundreds of Charlotte area newcomers relocate to the Greater Charlotte area. We are relocation specialists and for 20+ years, we've helped clients in all stages of life begin their new lives in places like Charlotte, Matthews, Mint Hill, Waxhaw, Weddington, Marvin, Indian Trail in North Carolina and to Fort Mill, Lake Wylie, Tega Cay, Rock Hill and Indian Land in South Carolina. 

 

If you're planning a move to the Charlotte region, REQUEST OUR FREE RELOCATION PACKAGE TODAY. It's full of useful and important information about life in the Charlotte area and its many neighborhoods and it's a great way to begin discovering the Charlotte metro area and everything it has to offer. 

 

ASK FOR YOUR FREE COPY OF MY GREATER CHARLOTTE REGION SCHOOLS & COMMUNITIES GUIDE

 

Charlotte Region Schools & Communities Guide From Nina Hollander, Charlotte Realtor

 

Want a "sneak peek" at what life in the Charlotte area is all about? Click here. 

 

The Essence of Charlotte

 

Not quite ready to come to Charlotte? Until you're ready to come to town, we can correspond by email and communicate by phone to determine the type of home, price, lifestyle, and neighborhood you are looking for. I can send you every home or property coming on the market that meets your criteria by email. 

 

When you arrive to visit Charlotte, we'll be ready to introduce you to the neighborhoods and homes that interest you most. We'll discuss schools, subdivisions, commuting, lifestyle options, local market conditions... anything that is important to you. After 20+ years of serving relocating clients in the Charlotte metro area, we know it inside and out and our goal is to make your transition and move to Charlotte as seamless and smooth as possible.

 

If you have a home to sell before relocating to the Charlotte area, we can provide introductions to some of the top Realtors® in your area to help you get your home sold at top dollar as quickly as possible and with a minimum of stress and inconvenience to you.

 

REQUEST OUR FREE RELOCATION PACKAGE TODAY. We'll send it right out. You're under NO obligation, so you can't go wrong!

 

Free Charlotte Relocation Package

 

SEARCH ALL CHARLOTTE AREA HOMES FOR SALE

 

NEVER MISS A NEW LISTING OR PRICE DROP

Free List Of New Home Listings From GreatHomesInCharlotte.com

 

If you're considering relocating to the Greater Charlotte region or already live here, I'd love an opportunity to earn your business, exceed your expectations, and to show you why experience matters and how:

 "The Right Broker Makes All The Difference."

 

 

Posted by

 

 Nina Hollander, RE/MAX Broker, Realtor

 

 

 

Broker, Realtor, MBA, GRI, ABR, SRES, CDPE, SFR, SPS, CMRS
Carolinas Realty Partners with Coldwell Banker Realty
Direct: 704-779-0813
Website: www.GreatHomesInCharlotte.com
Blog: News You Can Use From The Greater Charlotte Area
Search For All Charlotte Area Homes: www.GreatHomesInCharlotte.com 

Charlotte Magazine 5-Star Customer Satisfaction Award Winner Since 2007

 

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Oh by the way, I'm never too busy for any of your referrals!

 

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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.

 

Comments (24)

Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Grant Schneider hi Grant... Chicago was definitely a major surprise to Penske Truck Rental, too.

May 10, 2022 05:18 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Wayne Martin good morning, Wayne... I would have to agree with you that the moves are to Chicago suburbs. Couldn't imagine people who are leaving places like NYC and LA because of crime would suddenly choose to move to Chicago proper.

May 10, 2022 05:19 AM
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 and Home Specialists

I'm not surprised to see Charlotte once again near the top of the list Nina. From reading your posts, it's a hot, hot place to be!

May 10, 2022 05:53 AM
Eric Bouler
Gardner Realtors, Licensed in La. - New Orleans, LA
Listening to your Needs

Great Blog today. Very large. Hope you know all you wrote on this blog...

May 10, 2022 05:54 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 hi Sheila... one of the reasons we are experiencing such a tight housing market is because of all the people moving here. And it's not likely to stop.

May 10, 2022 05:56 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Eric Bouler good morning and thanks, Eric... for stopping by today. Wishing you a terrific Tuesday.

May 10, 2022 05:56 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

In Phoenix our draw is the weather.  or as I refer to it as the big yellow thing in the sky. bill 

May 10, 2022 06:15 AM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Looks like we are right there with you checking in at #3.  If I were to ever move, I would certainly consider the Charlotte area.

May 10, 2022 06:18 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Brian England hi Brian... when we moved to Charlotte in 1998 most people confused us with Charleston. That doesn't happen any more.

May 10, 2022 06:40 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Bill Salvatore - East Valley hi Bill... from a weather perspective, Charlotte is a draw because we have four actual seasons (which I like), but winter is short and salubrious.

May 10, 2022 06:41 AM
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate Brokered by Real - St. George, UT
So Utah Residential, Referral & Relocation REALTOR

Charlotte has much to offer those looking to relocate Nina and it's easy to see why it is #4 on the Top 10 Moving Destinations. You represent your selling area very well!

May 10, 2022 07:13 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina, I may need to do a post on my website for this too, had no idea our airport was the largest in the US.   Charlotte is just above us! 

May 10, 2022 08:07 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Wanda Kubat-Nerdin - Wanda Can! thanks, Wanda.... it's not hard to "represent" a city like Charlotte, which has so much to offer.

May 10, 2022 08:08 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Joan Cox hi Joan... Charlotte has been a major transportation hub for this side of the USA "forever."

May 10, 2022 08:09 AM
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Hi Nina,
Those are some pretty interesting stats. A hot dog stand without ketchup. That seems wrong. LOL

May 10, 2022 08:11 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Carol Williams for me a hot dog stand without mustard is wrong. Ketchup is for burgers! :)))

May 10, 2022 08:13 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Nina, Charlotte has been a popular move to location for several years, and I expect it to continue to be for several more.

May 10, 2022 05:44 PM
Kathy Streib
Cypress, TX
Retired Home Stager/Redesign

Nina- oh my so much information! I love your infographic. I knew that Charlotte would be high on the list just by reading your posts!  And I did not know that Houston was #1. With 4 of the cities being in Texas, I hope that many of those moving to Texas are returning Texans! LOL

May 10, 2022 07:34 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Kathy Streib good morning, Kathy... I haven't heard much about Texans leaving Texas... more about people from other states moving to Texas.

May 11, 2022 04:18 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

George Souto good morning, George... Charlotte has been on most moved to lists for almost two decades now... and this trend will continue.

May 11, 2022 05:48 AM