More and more people are finding the charm of Charlotte, NC hard to resist. Gen Z homebuyers, in particular, have been making a move to call Charlotte their home.
Here are 9 reasons why Charlotte, NC is the number 1 destination for Gen Z homebuyers:
- 1Affordable lifestyle
- 2Opportunities for career and personal growth
- 3Great quality of life
- 4Vibrant nightlife
- 5Beautiful attractions
- 6Convenient transportation system
- 7Diverse community
- 8Great weather
- 9Amazing restaurant scene
Read on to learn more about these 9 reasons in detail.
1. Affordable Lifestyle
Charlotte is one of the most affordable large cities on the East Coast. It has a lower cost-of-living index compared to the nationwide average. For Gen Zers, this is important. The average cost of living in Charlotte is below $950, excluding rent or mortgage payments. The average cost of basic utilities is only about $170 a month. Also, internet service costs $60 monthly.
A majority of Gen Z were children or teenagers during the height of the 2008 recession. Because of this, they are known to value their hard-earned money. That’s why more Gen Zers are on the lookout for Charlotte, NC condos for sale. Many condos come with amenities that Gen Zers want such as a swimming pool or private gym.
The banking, employment, and real estate sector are very well established in Charlotte.— Showcase Realty (@ShowcaseRealty) September 2, 2021
Read the full article: Is Moving to Charlotte NC a Good Idea?
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2. Opportunities for Career and Personal Growth
Second only to New York City, Charlotte is one of the largest financial banking centers in the US. More than 37,000 businesses have made Charlotte, NC its headquarters. Among these businesses are 950 foreign-owned companies and 14 Fortune 1000 companies.
The largest employers in Charlotte include the Bank of America, Atrium Health - Carolina Medical Center, Belk, and Duke Energy. Charlotte is one of the top ten best cities for college grads, according to Livability.com.
Charlotte also offers opportunities for academic advancement through its top universities. One of them is UNC Charlotte, North Carolina’s urban research university. Queens University is another premier institution. It provides its students real-world experience with a competitive edge.
3. Great Quality of Life
The Queen City offers almost 200 neighborhoods that cater to every type of personality. NoDa, for instance, is Charlotte’s historic arts and entertainment district and home to an array of talented artists and musicians.
The Third Ward, on the other hand, caters to sports enthusiasts. It is home to the Panthers and Charlotte Knights. For avid fans of golf, Ballantyne might be the perfect place to call home.
Charlotte also ranks high among the top cities with the highest quality of life. In 2019, Numbeo evaluated the quality of life in various cities in North America. In this study, Charlotte ranked third.
4. Vibrant Nightlife
Gen Zers are known to work hard and party harder, and Charlotte has the best of both worlds. Reggae fans will love Crystals Reggae Club in Plaza Midwood. It was voted as one of Charlotte’s go-to spots for soca dancing. But for those who prefer a more sophisticated hangout, Suite is the place to be. It is known for its chic and upscale environment and world-class amenities. The Suite is located inside the Epicenter.
There’s more though. Charlotte has a bar for pet lovers and some lively spots catering to LGBTQ people as well. It even has an arcade for hardcore gamers. The Dog Bar lets you and your pup mingle with other dog lovers and their pets. Located at N Davidson St, this unique bar is run by avid dog lovers. Meanwhile, the Woodshed Lounge is one of Charlotte’s most famous LGBTQ establishments. Finally, Abari combines retro gaming with a classic dive bar. Located in N Davidson Street, the bar hums with activity and multicolored lights.
5. Beautiful Attractions
Gen Zers may be known as the first digital natives and they spend a lot of time on screen. However, they also value memorable experiences and live life to the fullest. Charlotte is the perfect place for both tech-savvy individuals and adventure seekers.
Carowinds is one of the top attractions in Charlotte, known as the Carolinas’ premier entertainment destination. The park features almost 60 world-class rides. It also has the best waterpark in the Carolinas, live entertainment, and special events. Other man-made attractions include the Billy Graham Library and Camp North End. Carolina Harbor and the Charlotte Convention Center are also great places to visit.
However, one of Charlotte’s main charms is that it’s both near mountains and the beach. The city of Asheville has some of the most spectacular mountain views in North Carolina, while historic Charleston, SC is only a few hours away.
6. Convenient Transportation System
Charlotte has a speedy light rail system, ride-sharing, and bike-sharing services. It also has several bus routes that service the region. The LYNX Blue Line Light Rail connects South Charlotte to Center City. It then continues to NoDa and The University of North Carolina at Charlotte.
The CityLYNX Gold Line, on the other hand, runs east to west, connecting neighborhoods to businesses and educational facilities. This includes the Central Piedmont Community College and the Charlotte Transportation Center.
Charlotte B-cycle has more than 20 bike docks scattered throughout the city. Users can rent a bike in 30-minute increments with their credit card. Charlotte also has an efficient CATS Bus Service, providing more than 25 million passenger trips annually.
7. Diverse Community
Gen Z is known to value diversity and inclusivity, and Charlotte is one city that embraces them. The Queen City has become a melting pot of different ages, religions, and ethnicities.
In terms of racial diversity, 41% of the people in Charlotte are white, 35% are African American, 12% are Hispanic, and 6% are Asian. 29% of the population has completed a bachelor’s degree, 28% have earned a college or associate degree, while 15% have completed a postgraduate degree.
8. Great Weather
Residents in Charlotte enjoy a mild climate and four gorgeous seasons. Summers are hot and muggy, while the winters are cold and wet. During the rest of the year, it is partly cloudy. The majority of tourists visit Charlotte for warm-weather activities. They come from early May to mid-June and from late August to early October. There are many activities and events to choose from in each season.
One of the top events is the annual Charlotte Knights WBT Skyshow at Truist Field for summer activities, o. Another must-see event is the River Jam at the National Whitewater Center.
Strolling through the Daniel Stowe Botanical Garden is a must-do activity during spring. Another would be enjoying a riverboat cruise on Lake Norman aboard the Catawba Queen.
There are also several highly recommended fall activities in Charlotte. These include having a baklava sundae at the Yiasou Greek Festival and apple picking at Windy Hill Orchard and Cider Mill.
Finally, Charlotte hosts several Christmas events during winter. One of them is the Christmas Village at Truist Field in Uptown Charlotte. The Christmas Wonderland of Lights in Zootastic Park is also another long-awaited event. Also, the Speedway Christmas event at the Charlotte Motor Speedway is a must-see.
9. Amazing Restaurant Scene
Millennials and Gen Z are known to value a great food experience. No wonder they’re moving to Charlotte, NC. A place for foodies, new restaurants are always up and coming in Charlotte, and the cuisine choices are endless.
Some of the best restaurants in Charlotte include Barringtons, Bardo, Aria, Mico at the Grand Bohemian, Musashi (authentic Japanese), and Yume Ramen Sushi and Bar.
Charlotte, NC has a lot to offer, not only to Gen Zers, but also to every age group. To get the most out of the Queen City, it is best to work with Charlotte’s top real estate agent. Connect with us at Showcase Realty, a nationally recognized real estate company in the Carolinas.
Many Gen Zers prefer to settle in Charlotte, NC for several reasons. It could be because of the city's great food, destinations, or better weather than others. Whether you choose to move to another city for a new start or a job change, Charlotte, NC is an attractive place to live for Gen Zers and everyone else.
If you decide to buy a house in Charlotte, NC, it would be best to choose Showcase Realty. Don't hesitate to get in touch with me, Nancy Braun, and call at 704-997-3794 anytime!