Charlotte s population is 2.5M, with a total workforce of 1.2M. The labor market grew by 27,200 jobs over the past year, up by 2.3%. The median household income in Charlotte is $62,762, 2.6% higher than last year and 2.3% above the national average of $61,372. In the housing market, total permits issued totaled 22,913 over the last twelve months, down 3.3% year-over-year. Charlotte has 447 active new home projects on the market, 2.4% fewer than the 458 from last year. The average list price in the market is $339,434, 1.6% higher than last year and 12.1% above the national average. Over the last three months, new home contracts decreased by 6.1% to 2,707. Charlotte and Fort Mill had the highest concentration of the new home contracts in the Charlotte market.
