Charlotte in Detail >> 2008 Charlotte in Detail >> 2008
PHOTOGRAPHY BY PATRICKSCHNEIDER.COM
Third Quarter 2008
|
Ventures Charlotte 81
CONTENTS Population
3-4
Government & Taxes
5
Labor
6
Corporate Neighbors
7 - 10
Education
11
Quality of Life / Community Facilities
12
Real Estate
13 - 14
Transportation
15 - 16
2008 >> Charlotte in Detail A clear picture of a community can be painted by its numbers – population, growth, businesses, jobs, job growth, diversity, taxes, ages, and availability of free time. All of these factors together form the quality of life in the community. Without a doubt, Charlotte is a quality community, and the numbers that follow prove just that.
POPULATION
Median Age:
Year
City of Charlotte
Mecklenburg County
2008
695,995
902,803
1,675,495
2007
664,342
871,432
1,626,694
2006
648,139
850,178
1,594,799
2005
632,760
820,635
1,545,348
2004
614,330
790,809
1,500,338
2003
594,176
770,299
1,453,816
2002
579,684
746,427
1,411,472
2001
551,645
720,490
1,370,361
2000
540,828
695,454
1,330,448
1999
523,777
677,051
1,285,161
1990
395,934
511,433
1,024,096
1980
315,473
404,270
855,538
1970
241,420
354,656
741,118
1960
201,564
272,111
426,549
U.S. (population) rank, City of Charlotte U.S. (population) rank, MSA
Charlotte MSA
20 36
Males: Females:
34.1 36.1
Racial Composition Mecklenburg County 2006 White Black Other
60% 30% 10%
Ethnic Population Mecklenburg County 2006 Hispanic/Latino Asian American Indian
81,242 32,578 4,182
Source: American Community Survey 2006
Percent of Population by Age Group Mecklenburg County 2007
Source: U.S. Census
Land Area Square Miles City County
286 527
55 years and over
18%
0-14 years
21%
45-54 years
15-24 years
14%
14%
35-44 years
17%
On the cover: Charlotte hosted three major men’s college basketball tournaments in 2008: the Atlantic Coast Conference (ACC) Championship, the Central Intercollegiate Collegiate Athletic Association (CIAA) Championship and the East Regionals of the National Collegiate Athletic Association (NCAA). The tournaments had a tremendous economic impact on the region and brought thousands of visitors to Charlotte. Photography by PatrickScheiderPhoto.com. 82 Ventures Charlotte
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Third Quarter 2008
Source: ESRI Population Estimates
25-34 years
16%
Charlotte in Detail >> 2008 Household Income Mecklenburg County 2007 Households Average Household Effective Buying Income Median Household Effective Buying Income
330,500 $62,241 $46,163
Mecklenburg County Population Projections (Growth rate is projected at 3.6% per year) Year 2008 2018
Population 902,803 1,276,999
Households by Effective Buying Income Group Mecklenburg County 2007
In-Migration, Mecklenburg County, 2000 Moved 1995-2000 from: Same State Different State U.S. Protectorate Foreign Total
40,972 126,199 469 26,478 194,118
$75,000 and over 23%
Under $24,999 20%
Top Ten In-Migration Counties Guilford Wake Gaston Cabarrus Union Forsyth York, SC Richland, SC Iredell Cumberland
3,410 3,246 2,968 2,839 2,763 2,479 2,477 2,019 1,576 1,552
$50,000-$74,999 22%
$25,000-$49,999 35%
Source: Demographics USA County Edition 2007
Source: U.S. Census 2000
Third Quarter 2008
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Ventures Charlotte 83
2008 >> Charlotte in Detail
GOVERNMENT & TAXES Form of City Government.............Council-Mayor and Manager Form of County Government......Commissioners and Manager Charlotte-Mecklenburg Police Personnel.........................2,092 Fire Stations, City of Charlotte...............................................39 Fire Personnel (full-time, city)...........................................1,083 Volunteer Fire Stations, Mecklenburg County.......................17 Fire Personnel (volunteer, county).......................................700 Public Libraries......................................................................24 Total Volumes Held (Public Libraries)........................ 1.4 million Total Circulation........................................................ 6.2 million
2007-2008 City Budget in Brief Total Budget Water & Sewer Public Safety Aviation Public Works Public Transit (CATS) General Government Economic Development Storm Water
(Millions) $1,607.7 420.8 285.4 275.5 241.7 166.1 117.1 63.2 38.0
(% of Total) 100.0% 26.2 17.8 17.1 17.1 10.3 7.3 3.9 2.4
Sources of City Revenue Total Revenue Property & Vehicle Tax Water & Sewer Aviation Public Transit Bonds User Fees & Other Storm Water
84 Ventures Charlotte
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(Millions) $1,607.7 481.3 420.8 275.5 166.1 104.3 121.8 38.0
Third Quarter 2008
(% of Total) 100.0% 29.9 26.2 17.1 10.3 6.5 7.6 2.4
2007-2008 County Budget in Brief (Millions) Total Budget $1,018.3 Education Services 471.3 Community Health & Safety 167.2 Social, Education & Economic 124.9 Effective & Efficient Government 121.7 General Debt Service 88.6 Growth Mgt. & Environment 44.6
(% of Total) 100% 46.3 16.4 12.3 11.9 8.7 4.4
Sources of County Revenue (Millions) Total Revenue $1,018.3 Net Property Taxes - Current 775.3 Sales Tax - Unclassified 177.0 Fund Balance 42.3 Investment Interest 16.0 Other Revenue 7.7
(% of Total) 100% 76.1 17.4 4.1 1.6 .8
*Numbers may not total due to rounding Source: Mecklenburg County, Office of the Tax Collector
Charlotte-Mecklenburg Property Tax Rate Per $100 Assessed Valuation Year Valuation (Billions) 2007 $1.297 $93.6 2006 1.278 90.5 2005 1.257 84.3 2004 1.176 83.5 2003 1.156 69.5 2002 1.307 67.8 2001 1.307 64.2 2000 1.197 60.4 1999 1.197 57.0 1998 1.157 47.9
Tax Levy (Millions) $727.0 682.8 638.2 618.2 584.2 567.9 469.5 440.7 392.5 349.4
Charlotte in Detail >> 2008
LABOR
Top 10 In-Commuting Counties, 2000
Year
2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Number of Jobs
565,116 538,199 518,986 508,536 502,600 510,626 518,913 528,270 505,870 480,730
Employed Residents
436,031 427,125 412,114 403,664 396,952 387,822 390,579 390,044 354,152 340,026
Total Unemployment Unemployed Rate
20,616 20,019 21,280 21,285 22,109 24,448 16,266 9,870 7,268 7,925
4.5 4.5 4.9 5.0 5.3 5.9 4.0 2.5 2.0 2.4
New Job Growth vs. Unemployment Year
Jobs Created
Unemployment (%)
2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
14,648 12,087 13,418 11,761 16,171 12,025 9,548 19,758 19,758 18,567
4.5 4.5 4.9 5.0 5.8 6.0 4.0 2.5 2.0 2.3
Source: NC Employment Security Commission and Charlotte Chamber of Commerce
Total In-Commuters 24,892 23,907 23,101 22,693 9,604 6,545 4,942 3,861 3,242 2,734 146,211
Mecklenburg County Annual Average 2007 Total Labor Force Employed Unemployed Unemployment Rate Registered Active Job Applicants within a 25 mile radius
451,186 430,884 20,302 4.5% 52,170
Source: NC Employment Security Commission
Unemployed
Mecklenburg County Employment Trends
Rank County 1 Union 2 York, SC 3 Gaston 4 Cabarrus 5 Iredell 6 Lincoln 7 Rowan 8 Lancaster, SC 9 Stanly 10 Cleveland Total In-Commuters
Employed
Third Quarter 2008
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Ventures Charlotte 85
2008 >> Charlotte in Detail
Corporate Neighbors
Industry Structure Category Total All Industries
Charlotte Industrial Firms Industrial Category
# of Firms
Employment
# of Units 32,156
Employment 572,865
11
232
Construction
2,612
36,695
Mining
Food Manufacturing (311)
47
3,344
Beverage & Tobacco (312)
8
625
Manufacturing
1,013
34,427
Textile Mills (313)
22
466
Wholesale and Retail Trade
6,487
96,233
Textile Products (314)
31
701
Information
567
19,364
Wood Products (321)
26
753
Paper (322)
37
1,985
Utilities, Transportation and Warehousing
732
32,327
165
2,811
Real Estate, Rental and Leasing
1,647
11,278
Chemical (325)
81
2,382
Finance and Insurance
2,327
53,551
Plastics & Rubber (326)
37
3,144
Professional and Technical Services
4,067
39,310
Non-Metallic Mineral (327)
51
1,085
Education, Healthcare and Social Services
2,591
85,994
Primary Metal (331)
19
871
Fabricated Metal (332)
127
3,614
Administrative and Waste Services
1,954
47,495
Machinery (333)
120
5,312
Accommodations and Food Services
2,138
48,066
380
9,391
2,199
16,249
77
15,560
3,032
2,529
Printing (323)
Computer & Electronic Products (334)
43
3,768
Electrical Equipment (335)
26
399
Transportation Equipment (336)
20
446
Furniture (337)
49
1,004
Miscellaneous (339)
93
1,596
1,002
34,306
Total
Arts, Entertainment and Recreation Other Services (Ex. Public Admin.) Public Administration Unclassified
Source: Employment and Wages Unit, ESC/LMI Division 3rd Quarter, 2007
Source: NCESC including NAICS code 9/07
Headquartered Fortune 500 Companies Cities with Seven or More Fortune 500 Companies Rank 1 2 3 4 4 6 6 6 9 9
86 Ventures Charlotte
City New York Houston Atlanta Chicago Dallas Charlotte Minneapolis Philadelphia Pittsburgh St. Louis
|
Third Quarter 2008
# Headquartered 45 22 12 11 11 8 8 8 7 7
Fortune Rank 9 45 46 143 161 285 359 390 471
Company Name Bank of America Lowe’s* Wachovia Corporation Duke Energy Nucor Sonic Automotive Family Dollar Goodrich Corp. SPX
Revenues ($ Billions) $117.0 47.0 46.8 16.0 14.8 8.7 6.4 5.9 4.7
Total number of headquartered firms represented in Mecklenburg County: 310 *Located in Mooresville just north of Charlotte
Charlotte in Detail >> 2008 Charlotte Region’s Largest Employers, 2006 Rank Employer Employment 1 Carolinas HealthCare System* 26,283 2 Wachovia Corporation* 20,000 3 Bank of America* 13,960 4 Wal-Mart Stores, Inc. 12,918 5 Food Lion, Inc 8,658 6 Presbyterian Regional Healthcare* 7,800 7 Duke Energy Corporation* 7,500 8 Charlotte-Mecklenburg Schools* 7,500 9 State of North Carolina 7,479 10 City of Charlotte* 5,896 11 U.S. Postal Service 5,400 12 Lowe’s 5,120 13 Adecco 5,000 14 US Airways* 4,981 15 Ruddick/Harris Teeter* 4,700 16 Mecklenburg County* 4,700 17 AT&T North Carolina 3,290 18 US Government 3,244 19 Caromont Health Inc. 3,230 20 Compass Group 2,972 21 Corestaff Services 2,900 22 UNC Charlotte 2,800 23 Belk Inc* 2,700 24 Labor Ready Inc 2,545 25 Bi-Lo LLC 2,538 26 CVS Corp 2,500 27 United Parcel Service 2,500 28 Marriott International 2,475 29 Target Stores 2,210 30 Family Dollar Stores Inc 2,203 31 Hilton 2,175 32 Paramount’s Carowinds 2,110 33 TIAA-CREF 2,100 34 Central Piedmont Community College 2,053 35 JC Penney Corporation Inc 2,010 36 WG (Bill) Hefner Veterans Affairs Medical Center 2,007 37 IBM Corp 2,000 38 YMCA of Greater Charlotte 2,000 *Headquarters
Retail Sales Mecklenburg County Year 2007 2006* 2005 2004 2003 2002* 2001 2000 1999 1998
Total Sales $14,078,512,749 13,357,308,426 14,307,757,702 17,967,753,193 16,174,307,063 15,556,415,321 15,611,209,478 16,795,496,666 16,765,781,041 16,290,328,504
*Previous annual numbers are not comparable because of calculation change. Source: North Carolina Department of Revenue
2006-07 Retail Sales by Category Mecklenburg County Category Apparel Automotive Food Furniture Gen. Merchandise Lumber/Bldg. Materials Unclassified
Sales $652,229,801 678,740,522 2,396,702,053 783,613,693 3,845,502,483 2,166,952,801 3,488,771,068
Source: North Carolina Department of Revenue
Source: Charlotte Chamber of Commerce
Third Quarter 2008
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Ventures Charlotte 87
2008 >> Charlotte in Detail Foreign Firms Represented in Charlotte Country
2007
2005
2000
Germany
117
116
100
United Kingdom
69
52
57
Japan
51
48
55
Canada
34
28
24
1960
68
41
22
6
35
20
9
6
29
19
3
0
16
11
4
1
31
34
37
31
20
8
3
29
22
16
14
11
4
1
Italy
26
33
23
19
2
0
0
Netherlands
22
16
11
11
9
6
0
Sweden
10
15
10
8
3
2
1
Denmark
8
8
3
3
3
0
0
Mexico
7
5
2
0
0
0
0
Australia
7
4
3
1
1
0
0
Belgium
6
7
5
6
2
1
0
Bermuda
6
5
1
0
0
0
0
China
6
6
4
0
0
0
0
India
6
4
1
0
0
0
0
Taiwan
6
5
5
0
3
1
0
Finland
5
5
4
2
0
0
0
Austria
4
2
1
0
0
0
0
Netherlands Antilles 3
3
2
0
0
0
0
Singapore
3
0
0
0
0
0
0
South Korea
3
4
1
0
0
0
0
Brazil
2
2
2
0
0
0
0
Ireland
2
2
1
1
0
0
0
Israel
2
1
1
1
1
0
0
Malaysia
2
1
1
0
0
0
0
South Africa
2
4
3
1
0
0
0
Spain
2
2
0
2
0
0
0
Czech Republic
1
2
1
0
0
0
0
Greece
1
0
0
0
0
0
0
Indonesia
1
1
0
0
0
0
0
Jordan
1
1
1
0
0
0
0
Lebanon
1
0
0
0
0
0
0
Liechtenstein
1
1
1
0
0
0
0
Luxembourg
1
1
0
0
0
0
0
New Zealand
1
1
0
0
0
0
0
Portugal
1
0
0
0
0
0
0
Saudi Arabia
1
0
0
0
0
0
0
United Arab Emirates 1
0
0
0
0
0
0
Venezuela
0
0
0
0
0
0
1 0
5
4
2
1
0
0
483
446
380
250
147
60
18
Source: Charlotte Chamber of Commerce
Third Quarter 2008
1970
France
Total
|
1980
Switzerland
Other
88 Ventures Charlotte
1990
Charlotte in Detail >> 2008 New & Expanded Business Activity Square Feet Year 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Investment # Firms 1,326 809 964 998 1,211 983 897 1,126 1,051 1,236
Employment 14,648 12,087 13,418 11,761 16,171 12,025 9,548 17,571 19,758 18,567
(Millions) 25.1 18.2 13.6 19.8 12.1 15.1 15.6 16.8 14.5 23.4
(Millions) $2,274.8 4,085.5 1,338.2 1,114.1 1,570.7 2,061.6 1,262.1 1,819.1 1,365.1 2,201.6
Source: Charlotte Chamber of Commerce
Wholesale Sales 2002 Top 25 Counties per Capita Rank
County
Wholesale Sales
Rank
County
Wholesale Sales Billions Per Capita
Billions Per Capita
1
DuPage County, IL
$92.5
$100.3
14
Mecklenburg County, NC
$32.7
$44.5
2
Fulton County, GA
84.7
98.2
15
Dallas County, TX
95.3
41.9
3
New York County, NY
140.7
89.6
16
Johnson County, KS
19.7
41.4
Shelby County, TN
37.1
41.2
4
Bergen County, NJ
69.6
77.7
17
5
Ventura County, CA
56.5
72.3
18
Westchester County, NY
37.8
40.2
6
Somerset County, NJ
21.9
71.8
19
Burlington County, NJ
17.4
39.7
7
Fairfield County, CT
51.8
57.9
20
Middlesex County, NJ
29.5
38.3
Harris County, TX
135.4
37.9
8
Morris County, NJ
26.8
55.9
21
9
Arapahoe County, CO
28.5
55.9
22
Orange County, CA
109.9
37.5
10
Gwinnett County, GA
36.0
55.5
23
Larimer County, CO
9.9
37.4
11
Oakland County, MI
62.1
51.6
24
Multnomah County, OR
24.8
36.7
25
Denver County, CO
20.0
35.9
12
Hennepin County, MN
55.6
49.6
13
Montgomery County, PA
35.7
46.7
Source: U.S. Census
# 14
Meck len Coun burg ty
Third Quarter 2008
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Ventures Charlotte 89
2008 >> Charlotte in Detail
EDUCATION
CHARLOTTE MECKLENBURG SCHOOL SYSTEM
Higher Learning in the Charlotte MSA, 2006-2007 Name of Institution Art Institute of Charlotte
Location Charlotte
Zip Code 28209
Students 880
Type V
Belmont Abbey College
Belmont
28012
1,110
C
Brookstone College of Business
Charlotte
28262
167*
V
Cabarrus College of Health Sciences
Concord
28025
335
C
Carolinas College of Health Sciences
Charlotte
28203
N/A
V
Central Piedmont Community College
Charlotte
28204
16,772
CC
Davidson College
Davidson
28036
1,668
U
ECPI College of Technology
Charlotte
28217
496
T
Gardner-Webb University
Charlotte
28208
2,659
U
Dallas
28034
4,792
C
Charlotte
28202
2,493
U
Gaston College Johnson & Wales University Johnson C. Smith University
Charlotte
28216
1,470
U
King’s College
Charlotte
28204
556*
C
Number of Schools Total number of Schools Elementary Schools Middle Schools High Schools Special Programs
167 95 32 31 9
Enrollment Total Number of Students Grades K-5 Grades 6-8 Grades 9-12 Pre-K
132,281 65,455 29,456 37,370 3,291
Source: Charlotte Mecklenburg Schools December 2007
Class Size Elementary School Middle School High School Average Daily Attendance
20 Student average 21 Student average 18 Student average 95%
Lee University
Charlotte
28214
106
U
High School Students
Montreat College
Charlotte
28217
458
C
NC Center for Applied Textile
2007 graduates Graduates continuing their education
Belmont
28102
N/A
V
Pfeiffer University at Charlotte
Charlotte
28209
1,142
U
Private (Non-Public) Schools
Queens University
Charlotte
28274
1,680
U
Rowan Cabarrus Community College
Independent Schools Total Number of Students
Concord
28025
4,970
CC
Southern Piedmont Community College
Polkton
28135
2,023
CC
Strayer University Charlotte
28273 28262
6,753
U
UNC at Charlotte
Charlotte
28223
17,032
U
University of Phoenix at Charlotte
Charlotte
28273
1,138
U
Wake Forest University
Charlotte
28211
4,332
U
Wingate
28174
1,390
U
Rock Hill, SC
29733
5,111
U
York Technical College Rock Hill, SC
29730
4,263
T
Wingate University Winthrop University
Type Code: U- University C- Four-Year college CC- Community College T- Technical Institute V- Vocational School N/A- Not Available *Estimate for Fall 2006 Enrollment and 2005-2006 Graduates gathered from the Integrated Postsecondary Educations Data System (IPEDS) located online at http://nces.ed.gov/ipeds. Figures are not included in totals for all institutions. |
64 >20,000
2006 SAT Recentered Scores Mecklenburg County North Carolina United States
1029 1008 1021
Source: North Carolina Department of Education and CMS
90 Ventures Charlotte
6,587 85%
Third Quarter 2008
Educational Attainment Meck US Percent high school or higher 87.8% 84.1% Percent Associates degree or higher 46.0 34.4 Percent Bachelor’s degree or higher 38.1 27.0 Source: U.S. Census 2006 American Community Survey
Charlotte in Detail >> 2008
Quality of Life
COMMUNITY FACILITIES
Communications
Places of Worship
Major Daily Newspapers Television Stations Local Radio Stations Telephone Companies Weekly Newspapers Cable Television Services Satellite Television Services
1 10 28 28 20 1 7
Hotels and Motels, Mecklenburg County 3/08 Total Number of Hotels and Motels Total Number of Rooms
170 21,946
Source: Smith Travel Research
Protestant Catholic Jewish Other
500+ 16 6 46
Medical Acute Care Hospitals Specialty Care Hospitals Assisted Living Facilities Total Hospital Beds Nursing Schools Doctors Dentists
6 4 45 *2,267 8 2,151 530
Source: North Caroline Health Professions Data System Sheps Center UNCC
*Total Hospital Bed Number includes CMC and Presbyterian Climatological Summary Annual Average Temperature Lowest Monthly Average (January) Highest Monthly Average (July) Records Highest Temperature Lowest Temperature Precipitation Annual Average Annual Snow Accumulation Average Average Number of Days with Sunshine Relative Humidity February August
°F 62 Degrees 32 Degrees 90 Degrees °F 104 Degrees -5 Degrees °F 43 inches <6 inches 214
68% 84%
Recreational District, Neighborhood & Community Parks Miles of Greenway Parks Nature Preserves Public and Semi-Private Golf Courses Private Golf Courses Country Clubs Parks w/Public Boat Launches/Docks Disc Golf Courses Dog Parks Equestrian Center BMX Track Skateparks Shopping Centers (>30,000 sqft.)
210 33 6 36 21 20 3 6 4 1 1 2 254
Source: Mecklenburg County Parks and Recreation and Carolina Real Data
Cultural Affiliate/Associate Groups with Arts & Science Council 62 2007 Arts & Science Council Budget $17.9 million 2008 Fund Drive $11.2 million www.artsandscience.org
Finance Banks and Holding Companies Total Headquartered Bank Assets Total Headquartered Bank Deposits Mortgage Bankers Commercial Finance and Factoring Leasing Corporations (Transportation and Equipment)
25 $2.5 Trillion $926 Billion 354 59
Third Quarter 2008
5
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Ventures Charlotte 91
2008 >> Charlotte in Detail Charlotte Area Residential Unit Sales*
Real Estate
Year
Total Sold
Average Price
Total Volume
Construction
2007
39,983
$231,170
$9,242,870,110
2006
43,748
220,510
9,646,871,480
New Residential Permits
2005
38,818
209,901
8,147,937,018
2004
33,114
198,918
6,586,970,652
2003
25,426
192,042
4,882,859,892
2002
23,795
185,251
4,408,047,545
2001
22,171
177,959
4,049,425,239
2000
21,340
176,958
3,828,838,284
1999
21,536
163,559
3,700,412,348
1998
19,035
162,275
3,088,900,400
Single Family 7,494 10,215 9,775 8,730 8,935 9,638 9,766 9,398 9,755 8,663
Year 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
MultiFamily 6,306 7,874 3,827 3,960 3,677 3,851 4,718 5,370 4,210 4,285
Units Total 13,800 18,069 13,602 12,690 12,612 13,489 14,484 14,768 13,965 12,948
*Carolina Multiple Listing Services, Inc., CMLS Service Area
Percentage of Rentable Office Space Available
Construction Year 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
__________Value (Millions)____ Permits Residential Non-Residential Total 21,462 $2,223.7 $1,823.4 $4,047.1 24,250 2,709.5 1,560.9 4,270.4 22,037 2,063.2 1,297.6 3,051.0 19,243 1,730.8 1,326.1 3,056.8 18,984 1,600.8 905.7 2,506.5 19,770 1,564.1 814.4 2,378.5 19,174 1,640.2 1,117.5 2,757.7 18,937 1,641.0 1,670.6 3,305.7 19,323 1,313.7 1,044.2 2,357.8 17,845 1,362.5 1,005.3 2,367.9
20%
Charlotte-Mecklenburg
Downtown
15%
Charlotte-Mecklenburg Historical Trends in Office Space Date 9/07 9/06 9/05 9/04 9/03 9/02 9/01 9/00 9/99 9/98
Rentable SF (Millions) 42.5 41.8 40.3 38.7 38.2 37.7 35.5 33.4 31.1 28.8
Used SF (Millions) 37.4 36.0 34.3 32.0 32.3 31.9 30.5 29.0 27.0 24.8
Available SF (Millions) 5.1 5.8 5.9 6.7 5.9 5.8 5.0 4.4 4.1 4.0
10%
5%
0%
92 Ventures Charlotte
|
Third Quarter 2008
1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
Charlotte in Detail >> 2008
Office Space Survey by Area 9/07 Area Downtown Suburban Total
No. of Buildings 51 522 573
Rentable SF 14,131,558 28,417,470 42,549,028
Reported Available SF 338,017 4,768,888 5,106,905
Percent Available 2.4% 16.8 12.0
Average Rate/SF $26.43 18.46 21.32
Cost of Living Index Rank
Cities of 400,000 to 1,000,000 PopulationAnnual Average 2007 City All Items Index
Rank
City
All Items Index
1
Fort Worth, TX
88.2
16
Tucson, AZ
100.3
2
Memphis, TN
89.3
17
Denver, CO
103.4
3
Charlotte, NC
89.7
18
Hampton Roads/SE Virginia, VA
106.8
Las Vegas, NV
109.8
4
Oklahoma City, OK
90.0
19
5
El Paso, TX
93.0
20
Baltimore, MD
118.0
6
Austin, TX
94.5
21
Portland, OR
120.8
7
Indianapolis, IN
94.7
22
Boston, MA
134.7
Washington, DC
136.4
8
Nashville-Franklin, TN
95.1
23
9
Kansas City, MO-KS
95.7
24
San Jose, CA
154.2
10
Atlanta, GA
96.1
25
San Francisco, CA
168.5
11
Columbus, OH
97.4
26
Fresno, CA
199.8
12
Albuquerque, NM
98.3
13
Jacksonville, FL
98.7
14
Cleveland, OH
98.9
15
New Orleans, LA
99.6
SOURCES: U.S. Department of Commerce - Bureau of Census, 2000; ACCRA - Cost of Living Index, 2007
NOTE: Five cities within this population range did not report cost of living data to ACCRA.
Cost of Living
4% 33%
Other
30%
Housing
11% 12%
10 %
Food Transportation Utilities Health Care
Third Quarter 2008
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Ventures Charlotte 93
2008 >> Charlotte in Detail
Transportation Commercial AirportCharlotte Douglas International Rankings 2007 10th Nationwide in total operations 18th Nationwide in total passengers 33rd Nationwide in Cargo (freight, mail) Source: Charlotte Douglas International Airport
Major Airlines........................................................................ 9 Regional Carriers.................................................................. 7 Number of Flights Daily (January 2008)............................ 681 Direct/Nonstop Flights............................................ 178 cities
Air Cargo 2007
66,990 tons enplaned 75,829 tons deplaned
94 Ventures Charlotte
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Third Quarter 2008
Air Passenger Enplanements 2007........................................................................... 16,568,589 2006........................................................................... 14,829,903 2005 .......................................................................... 14,043,554 2004........................................................................... 12,417,506 2003........................................................................... 11,511,465 2002........................................................................... 11,792,511 2001........................................................................... 11,557,058 2000........................................................................... 11,498,794 1999........................................................................... 10,684,261 1998........................................................................... 11,445,850
Top 15 Airports Served by Charlotte Douglas International Airport (4th Quarter 2007) Rank 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Destination Passengers Daily La Guardia 1346 O’Hare 1040 Newark 851 Baltimore/Washington 801 Boston 776 Orlando 755 Dallas/Ft. Worth 677 Las Vegas 651 Los Angeles 644 John F. Kennedy 600 Ft. Lauderdale 570 Atlanta 515 Philadelphia 502 Tampa 500 Detroit 491
Charlotte in Detail >> 2008 CH-0810_InfoCharAd-vert:Layout 2
6/3/08
2:11 PM
Page 1
Highways Serving Area U.S. Primary State Primary Interstates
21, 29, 52, 74, 521, 601 16, 24, 27, 49, 51, 73, 160 I-85 (I-485), I-77 (I-277)
Trucking/Warehousing & Storage Firms Trucking Firms Warehousing & Storage Firms
304 87
Source: U.S. Census County Business Patterns 2005
experience charlotte! schools! higher education! seniors! moving here! fun charlotte!
Rail Service On-Line Railroads Norfolk Southern & CSX Transportation Off-Line Railroads Amtrak Trains through Charlotte Weekly 600+
Bus Service Provided by In-City Service Charter Services
Greyhound/ Trailways Yes 28
Visit Info! Charlotte for information, resources and great ideas for Charlotte living.
Port Facilities Inland Port opened in 1984 Currently handling more than 32,000 containers annually Charlotte also offers a Foreign Trade Zone Easy accessibility to NC and SC ports Port of Wilmington 204 miles away Port of Charleston 207 miles away
330 South Tryon Street 704.331.2700 Formerly known as Main Street Charlotte, Info! Charlotte is located in the Charlotte Chamber, at the corner of MLK Blvd. and Tryon Street.
U.S. Customs – Charlotte The Charlotte branch of U.S. Customs and Border Protection offers a service port with a full range of cargo processing functions, including inspections, entry, collections, and verifications.
Look for the info parking sign.
www.charlottechamber.com/infocharlotte
A publication of the Charlotte Chamber of Commerce PO Box 32785 - 330 S. Tryon Street Charlotte, NC 28232 704.378.1300
www.charlottechamber.com 06/08/3M
Third Quarter 2008
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Ventures Charlotte 95