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Want Affordable Housing? Move To Charlotte

Posted by: Brenda Meyer
Thanks to: Brenda Meyer
26 August 2005 - 9:00am

New homes and condos are keeping prices at a moderate level, well below the national average.

"The growing Charlotte region is an affordable place to live. The median home price of $169,400 in the first quarter was about 10% below the national average, according to the National Association of Realtors. The area's overall cost of living is 3% below average while the median household income of $49,228 in 2004 was 11.8% above the U.S. average, according to the consulting firm Economy.com."

Full Story: Affordable Living In Charlotte, N.C.
Source: Wall St. Journal, August 25, 2005
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One of the keys to regional and local prosperity is the ability to attract and retain high-skilled people. ... Many people can, and do, choose where they want to live based on factors beyond their ability to make a living.
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