Charlotte Information

Charlotte is the largest city in North Carolina and the 18th largest in the United States, with a population of approximately 610,949 (2005 estimate). The Charlotte metropolitan area (MSA) had a 2006 estimated population of 1,594,799. As of 2005, Charlotte-Gastonia-Salisbury region (referred to locally as "Metrolina") had a combined statistical area (CSA) population of 2,420,745. The city is at the center of one of the fastest growing metropolitan regions in the United States, with an average influx of roughly 40,000 newcomers each year over the past decade, and over 80,000 in the year 2005.

Charlotte is the county seat of Mecklenburg County, and is located in south-central North Carolina, near the South Carolina border. Nicknamed The Queen City (which it shares with Cincinnati, Ohio and Buffalo, NY), Charlotte was named in honor of Queen Charlotte, wife of King George III of United Kingdom. After being driven out by the fierce opposition of the city's citizens to British occupation during the American Revolution, General Cornwallis famously wrote Charlotte was "a hornet's nest of rebellion." A resident of Charlotte is referred to as a "Charlottean."

Combined Statistical Area of Charlotte-Gastonia-Salisbury, NC-SC, has a population, as of the 2005 census estimate, of 2,420,745.

The population of the City of Charlotte was 599,359 according to the US Census 2004 Estimate. Due to recent annexations and an influx of newcomers, the city's population has risen to 610,949. The Charlotte metropolitan area or Metrolina area, formerly known as the Charlotte-Gastonia-Concord MSA (metropolitan statistical area), extends across 2 states (North Carolina and South Carolina), and includes the following counties:

As of 2005, census estimates show there are 610,949 people living within Charlotte's city limits, and 896,372 in Mecklenburg County. The county's population is projected to break 1 million in 2010.

Figures from the more comprehensive 2000 census show Charlotte's population density to be 861.9/km² (2,232.4/mi²). There are 230,434 housing units at an average density of 367.2/km² (951.2/mi²).

The city's breakdown by race is as follows:

58.26% White
32.72% Black or African American
7.36% Hispanic or Latino of any race
3.41% Asian [including Indians (largely Gujarati), Chinese, and Vietnamese]
0.34% Native American
0.05% Pacific Islander
3.56% from other races
1.66% from two or more races.

The median income for a household in the city is $46,975, and the median income for a family is $56,517. Males have a median income of $38,767 versus $29,218 for females. The per capita income for the city is $26,823. 10.6% of the population and 7.8% of families are below the poverty line. Out of the total population, 13.8% of those under the age of 18 and 9.7% of those 65 and older are living below the poverty line.

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Charlotte has become a major U.S. financial center, and both the nation's second largest (based on assets) (Bank of America) and fourth largest (Wachovia) financial institutions call the city home. Bank of America also recently passed Citibank to become the largest bank by market capitalization. Their headquarters, along with other regional banking and financial services companies, are located primarily in the uptown financial district. Thanks in large part to the expansion of the city's banking industry, the Charlotte skyline has mushroomed in the past two decades and boasts the Bank of America Corporate Center, the tallest skyscraper between Philadelphia and Atlanta. The 60-story postmodern gothic tower, designed by renowned architect Cesar Pelli, stands 871 feet tall and was completed in 1992. During the year 2006, Bank of America passed Citigroup to become the largest financial services company in the world, based on market capitalisation.

The following Fortune 500 companies are headquartered in the Charlotte metropolitan area:

Bank of America
Duke Energy
Family Dollar
Goodrich Corporation
Lowe's
Nucor
Sonic Automotive
SPX Corporation
Wachovia

Other major companies headquartered in Charlotte include Time Warner Cable (a business unit of Fortune 500 company Time Warner), Belk, Meineke Car Care Centers, Carlisle Companies, LendingTree, Compass Group USA and Royal+SunAlliance.

Charlotte is also a major center in the American motorsports industry, with NASCAR having multiple offices in and around Charlotte. Approximately 75% of the industry's employees and drivers are based within two hours of downtown Charlotte. Charlotte is also the future home of the NASCAR Hall of Fame, expected to be completed in 2009. The center city/uptown area of Charlotte has seen remarkable growth over the last decade. Numerous residential units continue to be built uptown. Many new restaurants, bars and clubs now operate in the uptown area. The growth of Charlotte and the surrounding area continues to accelerate every year.

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