Area Insights of 28262, Charlotte, NC

Stay ahead with market trends and local insights that matter.

Demand Insights

The market maintains its steady pace indicating a consistent buyer interest. A total of 434 homes were sold with 83 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

28262, Charlotte, NC

Date

04-02-2023

Price Ratio

100%

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

No schools available

Middle School

James Martin Middle School

6 to 8

Ratings

D-

Governor's Village STEM Academy Upper

5 to 8

Ratings

B

High School

Char Eng Early College-Uncc

9 to 12

Ratings

A

Performance Learning Center

9 to 12

Julius L. Chambers 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 30% 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 (50,774)
24,823 Male
25,951 Female
Education
10% High School
15% Associate
29% Bachelor
20% Graduate
Age

Average Age is 31 Years

Household Details

The area's household landscape is diverse, with 33% owner-occupied homes and 67% renter-occupied properties. Family households represent 44% of the population, indicating a strong community focus on family living. The average home value stands at $392,692, which suggests ample demand for multi-bedroom properties.

Total Households
19,570
Average home value
$392,692
Owned
33%
Rented
67%
Vacant
8%
Families
44%
Married
32%
With children
26%

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 16% Asian, 46% Black, and 1% Native residents, alongside 25% White and 11% 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 26% of households earning over $100,000 annually, while 38% 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
9%
Professional
12%
Education
12%
Services
36%
Labor
11%
Retail
12%
Other
7%
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