Economy

Find the story in the numbers. See below to explore facts about the Economy in the Charlotte region. See how the region's counties compare to one another and how the metro area compares to peers around the country.

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Articles

  • A new program to fund and support faculty research into some of the most pressing issues facing Charlotte is getting underway this fall, with fellowships from the Urban Institute. Photo: Nancy Pierce.

    The Urban Institute Research Faculty Fellows seek to better our region

    A new program designed to identify solutions for some of the pressing needs and issues of the greater Charlotte region is getting underway this fall at the UNC Charlotte Urban Institute. For the first time, the Institute has named a cohort of Faculty Fellows to conduct short-term research projects and work alongside community stakeholders to understand and share findings that can guide community decision-making.
  • Light rail and TOD development make their mark in University City. From this intersection to Uptown by rail takes about 20 minutes. Photo by Nancy Pierce.

    (Almost) everything you ever wanted to know about TOD but were afraid to ask

    Since City Council approved TOD Article 15 - the new Transit-Oriented Development ordinance - last April, land use consultants, architects, real estate attorneys and other insiders have had ample opportunity to sort out these new rules. As for laypersons, gleaning what they need to know from TOD’s eighty-one page assemblage of definitions, rules, standards, charts and graphics can be a real challenge, despite efforts by staff planners to make the document as jargon-free and user-friendly as possible. 
  • Climbing out of poverty to wealth is hard in Charlotte, research has shown. But children might struggle to reach even the middle of the income distribution over their lifetime. Photo: Samuel Zeller via Unsplash.

    How likely are Charlotte-area kids born into poverty to move up the income ladder?

    Fifty out of 50: That’s where the Charlotte area ranked in Harvard economist Raj Chetty’s influential 2014 study of economic mobility. By now, that headline finding is well-known. It’s spawned task forces and soul-searching in Charlotte for half a decade, as leaders seek a way to change the city’s dynamic and increase upward mobility. So, it’s hard to move from the bottom to the top. But what about other, less dramatic moves that can still vastly improve a person’s circumstances - say, from the lowest one-fifth of the ladder to the middle fifth?
  • A conceptual illustration of the future Gateway District, where an Amtrak, streetcar and light rail station is planned. City of Charlotte, Depiction LLC

    Charlotte loves visions. Here are some of the biggest on the drawing board.

    If planners, developers and other leaders in Charlotte have a favorite word, it might just be “vision.” In a city defined by its growth, local leaders aren’t shy about throwing the word around,. and there are plenty of visions being promoted in Charlotte at any one time. Visions, of course, don’t always become reality - and if they do, they often take far longer than the original planners imagined, and mutate from their original form. But visions can also set the stage for development patterns that persist for generations.