Charlotte market overview.
Charlotte tops the U.S. in millennial population growth and is the third-fastest-growing major city in the United States. The city has been particularly appealing to tech companies for reasons that become obvious when you look at labor and office rent costs. It would be 24% less expensive to operate a technology firm in Charlotte than in San Francisco — and 42% less expensive than in New York City!
Low Tax Rates
North Carolina is one of the best and most cost-effective places to do business, in large part because it has the lowest corporate income tax rate in the country.
Growing Population
Due to a mix of affordability, location and a moderate climate, Charlotte boasts the third fastest growing metro in the country with people of all ages relocating there.
Access to Talent
CBRE named Charlotte the #4 city in the U.S. for attracting millennials.