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Charlotte, North Carolina Mortgage and Housing Information
Population: 540,828
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Lifestyle in Charlotte
Income
| U.S. | North Carolina | Charlotte | |
|---|---|---|---|
| Median Earnings | $27,239 | $25,197 | $28,095 |
| Median Earnings, Males | $32,396 | $29,826 | $31,501 |
| Median Earnings, Females | $22,097 | $20,945 | $25,244 |
Males earn $6,257 (24.8%) more than Females in Charlotte.
Commuting in Charlotte
Means of transportation to work, workers over 16 years old.
| Means of Transport | Number of People |
|---|---|
| Car, solo | 218,194 |
| Carpooled | 37,639 |
| Public Transit | 8,969 |
| Bicycle | 417 |
| Walking | 4,269 |
| Other Means | 2,167 |
| Total, Commuted | 271,655 |
| Worked from home | 8,873 |
| Total | 280,528 |
Time Spent Commuting in Charlotte
Time spent commuting in Charlotte
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 4,701 |
| 5-9 | 19,998 |
| 10-14 | 35,960 |
| 15-19 | 46,567 |
| 20-24 | 49,251 |
| 25-29 | 20,153 |
| 30-34 | 47,038 |
| 35-39 | 7,595 |
| 40-44 | 9,442 |
| 45-59 | 17,408 |
| 60-89 | 8,192 |
| Over 90 | 5,350 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 33,843 | 16.7% | 45,512 | 22.5% |
| Associate Degree | 13,941 | 6.9% | 19,331 | 9.6% |
| Bachelor's Degree | 50,666 | 25.1% | 53,949 | 26.7% |
| Master's Degree | 17,984 | 8.9% | 20,067 | 9.9% |
| Professional Degree | 6,294 | 3.1% | 3,855 | 1.9% |
| Doctorate Degree | 2,798 | 1.4% | 1,760 | 0.9% |
| Total (at least some college) | 125,526 | 62.1% | 144,474 | 65.9% |
| Total over 25 | 202,133 | 100% | 219,165 | 100% |
Housing in Charlotte
Value of Houses and Condos
| U.S. | North Carolina | Charlotte | |
|---|---|---|---|
| Median home value in year 2006 | $185,200 | $137,200 | $164,300 |
Monthly Owner Costs
| U.S. | North Carolina | Charlotte | |
|---|---|---|---|
| With a mortgage | $1,402 | $1,144 | $1,337 |
| Without a mortgage | $399 | $317 | $397 |
Tenancy in Charlotte
| Owner-occupied homes | 160,555 |
|---|---|
| Renter-occupied homes | 105,213 |
| Homes for sale | 3,155 |
| Homes for rent | 10,709 |
| Total | 293,954 |
Ownership of Houses and Condos
Types of mortgages for owner-occupied Houses and Condos in Charlotte (2006)
| Mortgage Type | Number of Houses and Condos | Percent of total |
|---|---|---|
| Without a mortgage | 29,946 | 18.7% |
| First Mortgage Only | 85,154 | 53.0% |
| Second Mortgage and/or Home Equity Loan | 45,455 | 28.3% |
| Total | 160,555 | 100% |
Age of Charlotte Residents
| Males | Females |
|---|---|
| 31 | 33 |
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