Charlotte, NC Local Data & Statistics

State: NC
Total population: 903,844 Household income: $82,068 Rent: $1,612

Overview

Total population
903,844
Rent
$1,612
Year built
1995
Household income
$82,068
Per capita income
$51,814
Poverty rate
11.7%
Unemployment rate
3.4%
Household size
2.4 persons
Rent over 30% of income
47.8%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available, with the exception of the unemployment rate, which is sourced from the Bureau of Labor Statistics (BLS). ACS 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Demographics

State
North Carolina
Total population
903,844
Adults over 25
609,508
Total households
368,788
Household size
2.4 persons

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available, with the exception of the unemployment rate, which is sourced from the Bureau of Labor Statistics (BLS). ACS 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Income & Poverty

Household income
$82,068
Per capita income
$51,814
Poverty rate
11.7%
Unemployment rate
3.4%
Rent over 30% of income
47.8%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available, with the exception of the unemployment rate, which is sourced from the Bureau of Labor Statistics (BLS). ACS 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Housing

Rent
$1,612
Year built
1995
Households that rent
49%
Households that own
51%
Rooms per home (all homes)
5.2

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available, with the exception of the unemployment rate, which is sourced from the Bureau of Labor Statistics (BLS). ACS 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Race

White
39.9%
Black
33.6%
Asian
6.5%
Two or more races
9.9%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available, with the exception of the unemployment rate, which is sourced from the Bureau of Labor Statistics (BLS). ACS 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Ethnicity

Hispanic or Latino
17.5%
Not Hispanic or Latino
82.5%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available, with the exception of the unemployment rate, which is sourced from the Bureau of Labor Statistics (BLS). ACS 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Commute

Commute rate
71.2%
Commute time to work
25 mins
Work from home
28.8%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available, with the exception of the unemployment rate, which is sourced from the Bureau of Labor Statistics (BLS). ACS 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Education

Less than high school
25.6%
High school graduate or GED
16.8%
Some college or associate degree
9.6%
Bachelor’s degree or higher
48%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available, with the exception of the unemployment rate, which is sourced from the Bureau of Labor Statistics (BLS). ACS 5-year estimates are published annually, about 6–12 months after the end of each reference year.

 


Comparison of Charlotte, NC with: North Carolina United States

Charlotte, NC

Total population903,844
Rent$1,612
Year built1995
Household income$82,068
Per capita income$51,814
Poverty rate11.7%
Unemployment rate3.4%

North Carolina State

Total population10,730,404
Rent$1,228
Year built1991
Household income$72,388
Per capita income$41,385
Poverty rate13%
Unemployment rate3.6%

United States

Total population334,922,499
Rent$1,413
Year built1980
Household income$80,734
Per capita income$44,673
Poverty rate12.5%
Unemployment rate4%
Metric CityCharlotte, NCStateNorth CarolinaCountryUnited States
Total population903,84410,730,404334,922,499
Rent$1,612$1,228$1,413
Year built199519911980
Household income$82,068$72,388$80,734
Per capita income$51,814$41,385$44,673
Poverty rate11.7%13%12.5%
Unemployment rate3.4%3.6%4%

View the complete comparison of Charlotte, NC, North Carolina and United States →

 

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Summary for Charlotte, NC

Charlotte is located in North Carolina.

Rent & Income

In Charlotte, the typical monthly rent is $1,612 and the typical household income is $82,068. Rent here is higher than both North Carolina and the U.S., and household income is higher than North Carolina and similar to the U.S. The estimated poverty rate is 11.7%, which is lower than in both North Carolina and national.

Housing & Affordability

Renters make up about 49% of households, indicating a relatively balanced mix of renters and owners. About 47.8% of renters spend more than 30% of their income on housing, indicating high cost burden.

Education & Employment

Educational attainment is very high, with about 48% of adults holding a bachelor’s degree or higher. The local unemployment rate is 3.4%, which is lower than both North Carolina and the national rate.

 


 

Charlotte, NC — Rent vs Household Income

 


 

Charlotte, NC — Poverty vs Unemployment

 


How Charlotte, NC compares in North Carolina (22 places)

Metric This place Rank Starts from Statewide range
Rent $1,612 17 / 22 from lower rent $957 – $1,902
Household income $82,068 9 / 22 from higher income $49,748 – $144,135
Poverty rate 11.7% 7 / 22 from lower poverty 2.2% – 24.6%
Unemployment rate 3.4% 12 / 22 from lower unemployment 2.5% – 7.2%

Rankings are calculated among cities and communities in North Carolina with total population > 50,000 (year 2024).

 

Detailed Ranking Explanation for Charlotte, NC

Rent

Charlotte ranks 17th out of 22 large places in North Carolina for rent. Statewide rents range from $957 in Rocky Mount, NC to $1,902 in Apex, NC.

Household income

For household income, Charlotte ranks 9th out of 22 large places. Across North Carolina, incomes range from $49,748 in Greenville, NC to $144,135 in Apex, NC.

Poverty rate

Looking at poverty, Charlotte ranks 7th out of 22 large places. Statewide poverty rates range from 2.2% in Apex, NC to 24.6% in Greenville, NC.

Unemployment rate

Charlotte places 12th among 22 large communities for unemployment. Statewide figures run from 2.5% to 7.2%.


💰 Rent in Charlotte, NC (with Utilities)

Estimated Monthly Rent: $1,612 ℹ️ What’s Included:
✅ Base rent, electricity, gas, water/sewer, and heating fuels
❌ Not included: internet, cable TV, renter's insurance, parking

💡 What does this rent estimate mean?

Explanation: This estimate shows what renters typically pay each month for housing, including the apartment or home and essential utilities such as heat, water, and electricity. Even when utilities are billed separately, an estimated average cost for utilities is included, in line with the U.S. Census Bureau’s (ACS) definition of gross rent.

Included in this number: Rent plus electricity, gas, water/sewer, and heating fuel.

Not included: Internet, cable, parking, renter’s insurance, or furniture rental.

Note: This cost does not depend on the number of people living in the home.


👨‍👧‍👦 Household Income in Charlotte, NC

Annual Household Income: $82,068

💡 What does Household Income mean?

Definition: This represents the middle value of all household incomes in this area — half of households earn less, and half earn more.

Includes: wages, salaries, self-employment income, Social Security, pensions, investments, unemployment, public assistance, and rental income.

Does NOT include: capital gains, non-cash benefits (like food stamps), or tax refunds.

Household = any group of people (or a single person) living in the same housing unit.

Example: A couple earning $40,000 and $30,000 together have a household income of $70,000. If that's in the middle of all local incomes, it's the value shown here.


📉 Poverty Rate in Charlotte, NC

Estimated Rate: 11.7%

💡 What does the Poverty Rate represent?

Definition: The percentage of people in this area living below the federal poverty threshold.

How it works: The threshold is a dollar amount set by the U.S. Census Bureau that varies by family size and age. If a household's income is below that level, everyone in it is included in this rate.

Example: In a town of 10,000 people, if 1,500 have incomes below the poverty line, the poverty rate is 15%.

Note: This statistic only includes people living in households; it does not count those in student housing, military barracks, or nursing homes.


🏘️ Renter vs. Owner Households in Charlotte, NC

In Charlotte, NC, households that rent: 180,679 (49%)

📊 What does the renter household percentage reveal about this area?
Household Type Count Share
Renter-Occupied 180,679 49%
Owner-Occupied 188,109 51%

Definition: This is the percentage of households that rent their home rather than own it. It includes only occupied housing units.

Why it matters: Areas with a high share of renter households often have younger populations, higher mobility, and different housing needs compared to mostly owner-occupied areas.

Example: If 65% of homes in an area are renter-occupied, it means 65 out of every 100 households rent their home.


📉 Renters Spending Over 30% of Income on Rent in Charlotte, NC

In Charlotte, NC, cost-burdened renters (households spending over 30% of income on housing): 86,409 (47.8%)

🏚️ What Does It Mean When Renters Spend Over 30% of Their Income on Housing?
Household Group Households Share
Cost-burdened renters (over 30%) 86,409 47.8%
Other renter households 94,270 52.2%
Total renter households 180,679 100%

Shares are calculated as a percentage of renter households.

This shows how many renters in this area are considered cost-burdened — meaning they spend more than 30% of their income on housing (rent and basic utilities).

It’s a sign that housing might be unaffordable in the area or that lower-income residents may be struggling with rent.

Data comes from the U.S. Census Bureau’s American Community Survey.


📊 Education Levels in Charlotte, NC

Less than High School: 156,178 people (25.6%)

Includes adults who did not complete high school.

High School Graduate or GED: 102,181 people (16.8%)

Includes adults whose highest education is a high school diploma or GED.

Some College or Associate Degree: 58,723 people (9.6%)

Includes adults who attended college without completing a bachelor’s degree (some college or associate degree).

Bachelor’s Degree or Higher: 292,426 people (48%)

Includes adults with a bachelor’s degree or higher (bachelor’s, master’s, professional, or doctoral degree).

👥 Total Adults (25+): 609,508


📊 Unemployment Rate in Charlotte, NC

Estimated Rate: 3.4%

💡 What does Unemployment Rate mean?

Definition: The unemployment rate is the percentage of people in the labor force who do not have a job but are actively looking for one.

Labor Force = Employed + Unemployed (aged 16+ and actively participating in the workforce).

Formula: (Unemployed ÷ Labor Force) × 100

Does NOT include: People who are retired, students not looking for work, homemakers, or otherwise not seeking employment.

Example: If there are 1000 people in the labor force and 80 are unemployed, then the unemployment rate is 8%.



 

Source: ACS 5-Year Estimates (U.S. Census Bureau) — unemployment rate from BLS. Some values are derived metrics.