Area Insights of 28216, Charlotte, NC

Stay ahead with market trends and local insights that matter.

Demand Insights

The market shows moderate activity with a price ratio of 2%, reflecting steady buyer interest. A total of 737 homes were sold with 217 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

28216, Charlotte, NC

Date

04-02-2023

Price Ratio

99%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

Friendship Day School for the Sciences & the Arts

KG to 4

Berean Jr Academy

KG to 5

Middle School

Mountain Island Lake Academy

PK to 8

Ratings

C+

High School

Char-Meck Virtual High School

9 to 12

Ratings

C-

Northwest School of the Arts

6 to 12

Ratings

A

West Charlotte High School

9 to 12

Ratings

D-

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Stay ahead with insights on population dynamics, income levels and employment patterns. These data points are key indicators of demand and future growth.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 20% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (55,829)
27,055 Male
28,774 Female
Education
18% High School
11% Associate
23% Bachelor
12% Graduate
Age

Average Age is 37 Years

Household Details

The area's household landscape is diverse, with 53% owner-occupied homes and 47% renter-occupied properties. Family households represent 55% of the population, indicating a strong community focus on family living. The average home value stands at $371,266, which suggests ample demand for multi-bedroom properties.

Total Households
21,256
Average home value
$371,266
Owned
53%
Rented
47%
Vacant
6%
Families
55%
Married
33%
With children
27%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 4% Asian, 62% Black, and 0% Native residents, alongside 19% White and 13% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 22% of households earning over $100,000 annually, while 35% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
2%
Healthcare
15%
Professional
7%
Education
9%
Services
31%
Labor
13%
Retail
15%
Other
8%
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