Charlotte is expected to grow leaps and bounds in the next 25 years

Charlotte is expected to grow leaps and bounds in the next 25 years

Kristen HaynesBusiness Member
Real Estate Broker · Greater Charlotte NC and Charleston, SC areas · Member since 2017 · 109 posts · 60 votes
Charlotte Observer The Charlotte area population is expected to soar by 50% by 2050. That growth is uneven

Chase JordanFri, January 24, 2025  

The ever-growing Charlotte region is home to 3 million people, but the population is projected to swell by more than 50% over the next 25 years, according to local researchers.

By 2050, some 4.6 million people will be living in Mecklenburg County and surrounding areas, the Charlotte Regional Business Alliance said in a report released Thursday. The growth of 1.6 million additional residents will require investments in infrastructure, housing and transportation, the organization added.

The numbers were provided by the group’s research team with data from the North Carolina Office of State Budget and Management and the South Carolina Department of Revenue.

“Few regions can match our economy, professional opportunities, affordability, location, and quality of life,” researchers said in a statement.

Here are some of the highlights from findings.

Growth projections in the Charlotte region Growth projections in the Charlotte region

Growth continues in Mecklenburg

Mecklenburg County is currently home to 1.2 million people. And more than 600,000 residents are projected to move to the county in the next 25 years — raising the total to 1.7 million by 2050.

Along with Mecklenburg, approximately 79% of the growth in the Charlotte region is expected to occur in the counties of York, S.C., (312,810 to 481,714 people), Union (269,572 to 481,612), and Iredell (212,583 to 335,056 ).

A historic jump

In the last 25 years, more than 962,000 people moved to the Charlotte region.

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Sean ReganPro Member
Investor · Charlotte NC · Member since 2024 · 11 posts · 8 votes
1y

Very excited to see the continued growth in Charlotte.  It is a great place to live and invest!

See this reply in the discussion

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  • Real Estate Agent · Raleigh, NC · Member since 2025 · 31 posts · 15 votes
    1y

    Indeed - I see bright future for North Carolina as a whole and for all major population centers like Charlotte metro, Research Triangle (Raleigh-Durham-Chapel Hill) and the Piedmont Triad region (Greensboro-Winston Salem-High Point). I live in the Research Traingle areas and has been aggressively investing in real estate here as well as helping my investor clients invest in the region. With a milder climate, lack of natural disaster, good economic opportunities, and decent governance, NC has a bright future.

  • Kristen HaynesBusiness Member
    OP
    Real Estate Broker · Greater Charlotte NC and Charleston, SC areas · Member since 2017 · 109 posts · 60 votes
    1y

    Anil- exactly! Both Charlotte and Raleigh are very strong growth markets, for all of the reasons that you mentioned. With 56% appreciation rates in less than 10 years, even the stock market can't beat North Carolina! :) Happy weekend! 

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  • Rental Property Investor · Charlotte, NC · Member since 2018 · 10 posts · 8 votes
    1y

    I know this question is off topic but I am also in NC the Charlotte area and was wondering if you could recommend a good CPA? I thank you for your time. 

  • Sean ReganPro Member
    Investor · Charlotte NC · Member since 2024 · 11 posts · 8 votes
    1y

    Very excited to see the continued growth in Charlotte.  It is a great place to live and invest!

  • Joe S.Pro Member
    Investor · San Antonio · Member since 2020 · 3k+ posts · 3k+ votes
    1y

    So in 25 years people that buy now will be glad. Lol.

  • Kristen HaynesBusiness Member
    OP
    Real Estate Broker · Greater Charlotte NC and Charleston, SC areas · Member since 2017 · 109 posts · 60 votes
    1y
    Quote from @Joe S.:

    So in 25 years people that buy now will be glad. Lol.


     Yes! Mine have appreciated off of the charts in the Charlotte metro market. I am mainly a buy-and-hold Investor for this reason.

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  • Kristen HaynesBusiness Member
    OP
    Real Estate Broker · Greater Charlotte NC and Charleston, SC areas · Member since 2017 · 109 posts · 60 votes
    1y
    Quote from @Sean Regan:

    Very excited to see the continued growth in Charlotte.  It is a great place to live and invest!


     Yes, it is! I have done very well with a buy and hold approach here with fantastic appreciation in this area. :) Happy Investing! 

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  • Kristen HaynesBusiness Member
    OP
    Real Estate Broker · Greater Charlotte NC and Charleston, SC areas · Member since 2017 · 109 posts · 60 votes
    1y
    Quote from @Joe S.:

    So in 25 years people that buy now will be glad. Lol.


     Absolutely. My properties here have done exceptionally well. I am a buy and hold Investor in this area, for sure! :) 

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  • Kristen HaynesBusiness Member
    OP
    Real Estate Broker · Greater Charlotte NC and Charleston, SC areas · Member since 2017 · 109 posts · 60 votes
    1y
    Quote from @David Strunk:

    I know this question is off topic but I am also in NC the Charlotte area and was wondering if you could recommend a good CPA? I thank you for your time. 


     Just also sent yo a PM with contact info. :) 

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  • V.G JasonPro Member
    Investor · Member since 2022 · 3k+ posts · 3k+ votes
    1y

    Are they just extrapolating past growth to attain future growth?

    What indicators and variables are making this grow 50%? It was one of the most oversaturated markets in the most recent years.

    Big bull on NC, but projections like this make me really wish analysis was done understanding historicals are just that-- historical. You can't genuinely expect other cities to not try to create the infrastructure, job desirability, living conditions to impede such progress. It's not linear. 

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