Excerpt from “10 Great Cities For Young Adults” 

 July 30, 2010

By  Nancy Braun

Earlier today, Yahoo.com published an article regarding the 10 Greatest Cities for Young Adults and Charlotte, NC was included! Feel free to read the excerpt below:

“Free from ties to kids or a mortgage, young adults can settle virtually anywhere they choose. So which place is best for you when the world is your oyster?

Here are 10 cities in the U.S. that offer exceptional opportunities for those starting out in life. We began our search using the criteria we used to select our overall list of Best Cities for the Next Decade: healthy economies fueling new job growth. We fine-tuned our search using other youth-friendly factors such as large percentages of people under 35, cost of living and rental costs, culture, nightlife, and the time you’re likely to spend in traffic. Take a look – and tell us what you think.

Charlotte, N.C.

Metro population: 1,745,524
Cost-of-living index: 94
Median monthly rent: $803 (average is $819)
Average annual wage: $41,190
Unemployment rate: 10.9%
Percentage of Gen Y residents: 21.7%
Top employers: Carolinas Healthcare System, Wells Fargo/Wachovia Corp., Charlotte-Mecklenburg Schools, Bank of America, Wal-Mart Stores, Presbyterian Regional Healthcare, Delhaize America

Charlotte has seen explosive growth over the last 20 years, and is now the second-largest banking center in the country (after New York). The city took it on the chin in the 2008-2009 meltdown, but it should offer lots of entry-level jobs for college graduates as the financial sector recovers. Despite the towering new skyscrapers, and a vibrant Uptown district, it’s still possible to live comfortably here on a tight budget.

PROS: A cost of living that skews well below the national average, reasonable rents, a bustling downtown still being developed, high-paying advancement opportunities in the financial sector

CONS: Hot, humid summers, smog alerts, high (but falling) crime rates, you’ll need a car (average commute lasts 24 minutes)”

Nancy Braun

Call me, Nancy Braun, at (704) 997-3794. Let’s talk about your needs and wants in a home.

Nancy Braun

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