Why Charlotte Is Among the Fastest-Growing Cities in The Country

By Julie Gordey

Nov. 10, 2025 at 10:00 AM CST

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Charlotte, the Queen City, isn’t just fast-growing – it’s full of history, charm, and opportunity.

1. A City With Roots

  • Named the Hornet’s Nest for its revolutionary spirit: first American city to declare independence from Britain.

  • Southern hospitality + quirky charm. Fun fact: it’s the Pimento Cheese Capital of the World.

2. Economic Boom

  • Banking hub: Bank of America and Wells Fargo call Charlotte home.

  • Growing energy & tech sectors: dubbed the new Energy Capital.

  • Career opportunities abound: finance, tech, energy, and beyond.

3. Population & Growth

  • Among the largest cities in the South with a population of approximately 944,000.

  • The city increased by nearly 25,000 between July 2023 and July 2024 with a strong job market fueling in-migration.

4. Affordable Living

  • Cost of living: ~1% below the national average.

  • Housing: ~15% below national average; salaries range $35K–$82K depending on field.

  • Utilities and daily expenses are relatively low.

  • Buying a home, raising a family, or kickstarting a career = easier than in many metros.

5. Plenty To Do

6. Ideal Climate

  • All four seasons.

  • Summers hot & humid; winters mild (rarely <30°F or >90°F). Perfect for year-round outdoor activities.

7. A City of Balance

  • From uptown financial centers, sprawling parks, and a quirky culture to economic opportunity and accessible living – Charlotte blends it all.

  • It’s great location puts it within reach of other major metropolitan areas including Greensboro,, Raleigh, and Durham.

Bottom line: If you’re looking for the perfect Southern city, Charlotte seems almost too good to be true. Charlotte has award-winning public schools, tons of cultural opportunities and is home to the headquarters of several Fortune 500 companies.

Charlotte isn’t just growing – it’s thriving. Affordable living, career opportunities, family-friendly outdoor spaces, rich culture, and a touch of Southern quirk make it a city for everyone.

Looking to buy a new home? NewHomeSource has the most comprehensive listings of Charlotte’s new home communities.

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Julie Gordey

A lifelong educator, Julie Gordey, is a retired school administrator.  After years of focusing on education, this University of Texas graduate now travels and enjoys freelance writing for BDX and NewHomeSource.com.