AM_Carolinas Discover CLT_Q4 2018 | Page 10

Living One of the lowest costs of living among other similarly sized East Coast cities A Charlotte resident earning an annual salary of $50,000 would have to earn the following to maintain a similar quality of life. Boston Source: AACRA Cost of Living Index, Q1 2018 77,100 New York Living in Charlotte 124,100 • 952,529 Total households Washington D.C. 81,000 • $55,278 Average household income Charlotte • 2.15% Median household income growth expectation over the next 5 years 50,000 Charleston • $1,090 Median rental rate 52,000 • 5.75% Personal income tax rate #1 71° F Average high temperature Fastest growing multifamily submarket in the nation (MPF Research, 2016) Sports • Home to 50 craft breweries and cideries Football (NFL) Basketball (NBA) • More than 25 civic and cultural organizations Carolinas Panthers Venue capacity: 75,412 Charlotte Hornets Venue capacity: 20,200 Baseball (MLB AAA) Hockey (AHL) Charlotte Knights Venue capacity: 10,200 Charlotte Checkers Venue capacity: 8,600 Lacrosse (MLL) NASCAR Charlotte Hounds Venue capacity: 21,000 NASCAR Hall of Fame Charlotte Motor Speedway Venue capacity: 94,000 • Over 210 parks • 30+ golf courses US National Whitewater Center 10 Miami 59,600 Experiencing Charlotte Exploring nearby 218 days of sunshine 54,500 Atlanta 2 hour drive: Appalachian mountains 3 hour drive: Nearest beach