Cost Of Living
The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Health & Safety
A high score in the health and safety category is a result of good air quality and the accessibility to health facilities such as hospitals, clinics, doctors, pharmacies and fire stations.
Amenities
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Commute
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Located in the state of Michigan, Charlotte is a small city with a population of 9,069 residents. If we look at the most recent Census, Charlotte is known to have a predominantly White population. The next two most common races are Black and Asian. Charlotte is very likely to be a great place to live for singles as only 50%, of the population (over fifteen) are classified as married. Not a fan of sitting in traffic during your commute to work? Charlotte offers shorter work commutes, with an average one-way commute time taking only 20 minutes, far lower than the national average of 26 minutes.
Living in Charlotte can be a positive experience for anyone relocating to the area. Having said that, in the state of Michigan, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Using the livability score which includes data from categories like amenities, commute, employment, you can easily compare the best places to live in Charlotte and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Charlotte to Michigan and the national average.
Charlotte has a livability score of 71 out of 100 and is ranked #230 in Michigan and #5,501 in the USA. For each of the livability categories, we see that Charlotte ranks very well for housing (B+). There are some categories that Charlotte scores poorly for, including: amenities (F) and employment (D). It might be worth taking a closer look to figure out why.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Charlotte market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Charlotte is real estate affordability. Median real estate prices in Charlotte come in at $105,000, which is 17.8% lower than the Michigan average. The home price to income ratio compares the median home prices to the median household income. In Charlotte, the home price to income ratio is 2, which is 20% lower than the Michigan average.
| Statistic | Charlotte | Michigan | National |
| Average one way commute | 20min | 24min | 26min |
| Workers who drive to work | 74.8% | 82.5% | 76.4% |
| Workers who carpool | 12.9% | 8.8% | 9.3% |
| Workers who take public transit | 0.4% | 1.4% | 5.1% |
| Workers who bicycle | 1.0% | 0.5% | 0.6% |
| Workers who walk | 3.6% | 2.2% | 2.8% |
| Working from home | 5.4% | 3.7% | 4.6% |
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