Charlotte Economy & Demographics
Charlotte has been perceived as a banking town for many years. While it is true that Charlotte is the nation’s second-largest banking center, finance is not the largest industry or employment sector. This industry diversification along with a world-ranked international airport, low cost of doing business and superior quality of life lead companies to move and expand here.
Manufacturing, healthcare and the energy industry are key components of the Charlotte business community. Charlotte is known for being a can-do town. The public and private sectors have come together numerous times to work toward what is best for Charlotte. That partnership has helped build a strong sense of community.
Five Fortune 500 companies are headquartered in Mecklenburg County. Another two Fortune 500 companies are headquartered in the Charlotte metro area: Home improvement giant Lowe’s is based out of Mooresville, N.C., and Domtar is headquartered in Fort Mill, S.C. This ranks the Charlotte metro area 20th nationally in metros with Fortune 500 headquarters. Fortune 500 company Sealed Air announced it will move its headquarters to Charlotte in 2015.
The Charlotte region is a hub of activity. Visions are being created and plans are being implemented. People in the public and private sector are working together to accomplish goals that will preserve Charlotte as a great place to live and do business.
University of North Carolina at Charlotte in conjunction with the City of Charlotte and Mecklenburg County have created a thorough quality of life dashboard. Click here to explore.