Charlotte NC Chamber of Commerce Profile

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  • 8/14/2019 Charlotte NC Chamber of Commerce Profile

    1/16Third Quarter 2008 | Ventures Charlotte

    Charlotte in Detail >> 2008Charlotte in Detail >> 2008

    PHOTOGRAPHY BY PATRICKSCHNEIDER.COM

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    CONTENTS

    Population

    Government & Taxes

    Labor

    Corporate Neighbors

    Education

    Quality of Life / Community Facilities

    Real Estate

    Transportation

    3 - 4

    5

    6

    7 - 10

    11

    12

    13 - 14

    15 - 16

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    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 thequality of life in the community. Without a doubt, Charlotte is a quality community, and the numbersthat follow prove just that.

    Median Age:Males: 34.1

    Females: 36.1

    Racial CompositionMecklenburg County 2006White 60%

    Black 30%

    Other 10%

    Ethnic PopulationMecklenburg County 2006Hispanic/Latino 81,242

    Asian 32,578

    American Indian 4,182

    Source: American Community Survey 2006

    POPULATIONCity of Mecklenburg Charlotte

    Year Charlotte County MSA

    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 o Charlotte 20

    U.S. (population) rank, MSA 36

    Source: U.S. Census

    Land AreaSquare MilesCity 286

    County 527

    On the cover: Charlotte hosted three major mens college basketball tourna-ments in 2008: the Atlantic Coast Conference (ACC) Championship, the CentralIntercollegiate Collegiate Athletic Association (CIAA) Championship and theEast Regionals of the National Collegiate Athletic Association (NCAA). Thetournaments had a tremendous economic impact on the region and broughtthousands of visitors to Charlotte. Photography by PatrickScheiderPhoto.com.

    Percent of Population by Age GroupMecklenburg County 2007

    Source: ESRI Population Estimates

    55 years and over

    45-54 years

    35-44 years

    0-14 years

    21%18%

    14%

    17%25-34 years

    16%

    15-24 years

    14%

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    Charlotte in Detail >> 2008

    Household IncomeMecklenburg County 2007Households 330,500

    Average Household Eective Buying Income $62,241

    Median Household Eective Buying Income $46,163

    Mecklenburg CountyPopulation Projections(Growth rate is projected at 3.6% per year)

    Year Population

    2008 902,803

    2018 1,276,999

    In-Migration,Mecklenburg County, 2000Moved 1995-2000 rom:

    Same State 40,972Dierent State 126,199

    U.S. Protectorate 469

    Foreign 26,478

    Total 194,118

    Top Ten In-Migration CountiesGuilord 3,410

    Wake 3,246

    Gaston 2,968

    Cabarrus 2,839

    Union 2,763Forsyth 2,479

    York, SC 2,477

    Richland, SC 2,019

    Iredell 1,576

    Cumberland 1,552

    Source: U.S. Census 2000

    $75,000 and over23%

    22%$25,000-$49,999

    35%

    Under $24,99920%

    Households by EffectiveBuying Income Group

    Mecklenburg County 2007

    Source: Demographics USA County Edition 2007

    $50,000-$74,999

    Third Quarter 2008 | Ventures Charlotte

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    2008 >> Charlotte in Detail

    2007-2008 County Budget in Brief(Millions) (% of Total)

    Total Budget $1,018.3 100%

    Education Services 471.3 46.3

    Community Health & Saety 167.2 16.4

    Social, Education & Economic 124.9 12.3

    Eective & Efcient Government 121.7 11.9General Debt Service 88.6 8.7

    Growth Mgt. & Environment 44.6 4.4

    Sources of County Revenue (Millions) (% of Total)

    Total Revenue $1,018.3 100%

    Net Property Taxes - Current 775.3 76.1

    Sales Tax - Unclassifed 177.0 17.4

    Fund Balance 42.3 4.1

    Investment Interest 16.0 1.6

    Other Revenue 7.7 .8

    *Numbers may not total due to rounding

    Source: Mecklenburg County, Ofce o the Tax Collector

    Charlotte-Mecklenburg Property Tax

    Rate Per $100 Assessed Valuation Tax Levy

    Year Valuation (Billions) (Millions)

    2007 $1.297 $93.6 $727.0

    2006 1.278 90.5 682.8

    2005 1.257 84.3 638.2

    2004 1.176 83.5 618.2

    2003 1.156 69.5 584.2

    2002 1.307 67.8 567.9

    2001 1.307 64.2 469.5

    2000 1.197 60.4 440.7

    1999 1.197 57.0 392.5

    1998 1.157 47.9 349.4

    GOVERNMENT & TAXESForm o City Government ............Council-Mayor and Manager

    Form o County Government .....Commissioners and Manager

    Charlotte-Mecklenburg Police Personnel ........................2,092

    Fire Stations, City o Charlotte ..............................................39

    Fire Personnel (ull-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 (Millions) (% of Total)

    Total Budget $1,607.7 100.0%

    Water & Sewer 420.8 26.2

    Public Saety 285.4 17.8

    Aviation 275.5 17.1

    Public Works 241.7 17.1

    Public Transit (CATS) 166.1 10.3

    General Government 117.1 7.3

    Economic Development 63.2 3.9

    Storm Water 38.0 2.4

    Sources of City Revenue (Millions) (% of Total)

    Total Revenue $1,607.7 100.0%

    Property & Vehicle Tax 481.3 29.9

    Water & Sewer 420.8 26.2

    Aviation 275.5 17.1

    Public Transit 166.1 10.3

    Bonds 104.3 6.5

    User Fees & Other 121.8 7.6

    Storm Water 38.0 2.4

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    Charlotte in Detail >> 2008

    LABOR

    Mecklenburg County Employment TrendsYear Number of Jobs Employed Residents Total Unemployment

    Unemployed Rate2007 565,116 436,031 20,616 4.5

    2006 538,199 427,125 20,019 4.5

    2005 518,986 412,114 21,280 4.9

    2004 508,536 403,664 21,285 5.0

    2003 502,600 396,952 22,109 5.3

    2002 510,626 387,822 24,448 5.9

    2001 518,913 390,579 16,266 4.0

    2000 528,270 390,044 9,870 2.5

    1999 505,870 354,152 7,268 2.0

    1998 480,730 340,026 7,925 2.4

    New Job Growth vs. UnemploymentYear Jobs Created Unemployment (%)

    2007 14,648 4.5

    2006 12,087 4.5

    2005 13,418 4.9

    2004 11,761 5.0

    2003 16,171 5.8

    2002 12,025 6.0

    2001 9,548 4.0

    2000 19,758 2.5

    1999 19,758 2.0

    1998 18,567 2.3

    Source: NC Employment Security Commission and Charlotte Chamber o Commerce

    Top 10 In-Commuting Counties, 2000Rank County Total In-Commuters

    1 Union 24,892

    2 York, SC 23,907

    3 Gaston 23,1014 Cabarrus 22,693

    5 Iredell 9,604

    6 Lincoln 6,545

    7 Rowan 4,942

    8 Lancaster, SC 3,861

    9 Stanly 3,242

    10 Cleveland 2,734

    Total In-Commuters 146,211

    Mecklenburg County Annual Average 2007Total Labor Force 451,186

    Employed 430,884Unemployed 20,302

    Unemployment Rate 4.5%

    Registered Active Job Applicantswithin a 25 mile radius 52,170

    Source: NC Employment Security Commission

    U

    nemployed

    Employed

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    2008 >> Charlotte in Detail

    Corporate NeighborsCharlotte Industrial Firms

    Industrial Category # of Firms Employment

    Food Manuacturing (311) 47 3,344

    Beverage & Tobacco (312) 8 625

    Textile Mills (313) 22 466

    Textile Products (314) 31 701

    Wood Products (321) 26 753

    Paper (322) 37 1,985

    Printing (323) 165 2,811

    Chemical (325) 81 2,382

    Plastics & Rubber (326) 37 3,144

    Non-Metallic Mineral (327) 51 1,085

    Primary Metal (331) 19 871

    Fabricated Metal (332) 127 3,614

    Machinery (333) 120 5,312

    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

    Total 1,002 34,306

    Source: NCESC including NAICS code 9/07

    Cities with Seven or MoreFortune 500 Companies

    Rank City # Headquartered

    1 New York 452 Houston 22

    3 Atlanta 12

    4 Chicago 11

    4 Dallas 11

    6 Charlotte 8

    6 Minneapolis 8

    6 Philadelphia 8

    9 Pittsburgh 7

    9 St. Louis 7

    Headquartered Fortune 500 Companies

    Fortune Company RevenuesRank Name ($ Billions)

    9 Bank o America $117.0

    45 Lowes* 47.0

    46 Wachovia Corporation 46.8

    143 Duke Energy 16.0161 Nucor 14.8

    285 Sonic Automotive 8.7

    359 Family Dollar 6.4

    390 Goodrich Corp. 5.9

    471 SPX 4.7

    Total number o headquartered frms represented

    in Mecklenburg County: 310

    *Located in Mooresville just north of Charlotte

    Industry Structure

    Category # of Units Employment

    Total All Industries 32,156 572,865

    Mining 11 232

    Construction 2,612 36,695

    Manuacturing 1,013 34,427

    Wholesale and Retail Trade 6,487 96,233

    Inormation 567 19,364

    Utilities, Transportation and

    Warehousing 732 32,327

    Real Estate, Rental and Leasing 1,647 11,278

    Finance and Insurance 2,327 53,551

    Proessional and Technical Services 4,067 39,310

    Education, Healthcare and

    Social Services 2,591 85,994

    Administrative and Waste

    Services 1,954 47,495

    Accommodations and

    Food Services 2,138 48,066

    Arts, Entertainment and Recreation 380 9,391

    Other Services (Ex. Public Admin.) 2,199 16,249

    Public Administration 77 15,560

    Unclassifed 3,032 2,529

    Source: Employment and Wages Unit, ESC/LMI Division 3rd Quarter, 2007

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    Charlotte in Detail >> 2008

    Third Quarter 2008 | Ventures Charlotte

    Charlotte Regions Largest Employers, 2006

    Rank Employer Employment

    1 Carolinas HealthCare System* 26,283

    2 Wachovia Corporation* 20,000

    3 Bank o America* 13,960

    4 Wal-Mart Stores, Inc. 12,9185 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 o North Carolina 7,479

    10 City o Charlotte* 5,896

    11 U.S. Postal Service 5,400

    12 Lowes 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 Coresta 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 2,21030 Family Dollar Stores Inc 2,203

    31 Hilton 2,175

    32 Paramounts 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) Hener Veterans Aairs Medical Center 2,007

    37 IBM Corp 2,000

    38 YMCA o Greater Charlotte 2,000

    *HeadquartersSource: Charlotte Chamber o Commerce

    Retail SalesMecklenburg County

    Year Total Sales

    2007 $14,078,512,749

    2006* 13,357,308,426

    2005 14,307,757,7022004 17,967,753,193

    2003 16,174,307,063

    2002* 15,556,415,321

    2001 15,611,209,478

    2000 16,795,496,666

    1999 16,765,781,041

    1998 16,290,328,504

    *Previous annual numbers are not comparable because

    o calculation change.

    Source: North Carolina Department o Revenue

    2006-07 Retail Sales by CategoryMecklenburg County

    Category Sales

    Apparel $652,229,801

    Automotive 678,740,522

    Food 2,396,702,053

    Furniture 783,613,693

    Gen. Merchandise 3,845,502,483

    Lumber/Bldg. Materials 2,166,952,801

    Unclassifed 3,488,771,068

    Source: North Carolina Department o Revenue

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    2008 >> Charlotte in Detail

    Foreign Firms Represented in Charlotte

    Country 2007 2005 2000 1990 1980 1970 1960

    Germany 117 116 100 68 41 22 6

    United Kingdom 69 52 57 35 20 9 6

    Japan 51 48 55 29 19 3 0Canada 34 28 24 16 11 4 1

    Switzerland 31 34 37 31 20 8 3

    France 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 0China 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 Arica 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 1 0 0 0 0 0 0

    Other 0 5 4 2 1 0 0

    Total 483 446 380 250 147 60 18

    Source: Charlotte Chamber o Commerce

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    Charlotte in Detail >> 2008

    New & Expanded Business Activity

    Square Feet Investment

    Year # Firms Employment (Millions) (Millions)

    2007 1,326 14,648 25.1 $2,274.8

    2006 809 12,087 18.2 4,085.5

    2005 964 13,418 13.6 1,338.22004 998 11,761 19.8 1,114.1

    2003 1,211 16,171 12.1 1,570.7

    2002 983 12,025 15.1 2,061.6

    2001 897 9,548 15.6 1,262.1

    2000 1,126 17,571 16.8 1,819.1

    1999 1,051 19,758 14.5 1,365.1

    1998 1,236 18,567 23.4 2,201.6

    Source: Charlotte Chamber o Commerce

    Wholesale Sales 2002 -

    Top 25 Counties per Capita

    Rank County Wholesale SalesBillions Per Capita

    1 DuPage County, IL $92.5 $100.3

    2 Fulton County, GA 84.7 98.2

    3 New York County, NY 140.7 89.6

    4 Bergen County, NJ 69.6 77.7

    5 Ventura County, CA 56.5 72.3

    6 Somerset County, NJ 21.9 71.8

    7 Fairfeld County, CT 51.8 57.9

    8 Morris County, NJ 26.8 55.9

    9 Arapahoe County, CO 28.5 55.9

    10 Gwinnett County, GA 36.0 55.5

    11 Oakland County, MI 62.1 51.6

    12 Hennepin County, MN 55.6 49.6

    13 Montgomery County, PA 35.7 46.7

    14 Mecklenburg County, NC $32.7 $44.5

    15 Dallas County, TX 95.3 41.9

    16 Johnson County, KS 19.7 41.4

    17 Shelby County, TN 37.1 41.2

    18 Westchester County, NY 37.8 40.2

    19 Burlington County, NJ 17.4 39.7

    20 Middlesex County, NJ 29.5 38.3

    21 Harris County, TX 135.4 37.9

    22 Orange County, CA 109.9 37.5

    23 Larimer County, CO 9.9 37.4

    24 Multnomah County, OR 24.8 36.7

    25 Denver County, CO 20.0 35.9

    Source: U.S. Census

    Rank County Wholesale SalesBillions Per Capita

    #14MecklenburgCounty

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    2008 >> Charlotte in Detail

    EDUCATIONHigher Learning in the Charlotte MSA, 2006-2007

    Name of Institution Location Zip Code Students Type

    Art Institute o Charlotte Charlotte 28209 880 V

    Belmont Abbey College Belmont 28012 1,110 C

    Brookstone College oBusiness Charlotte 28262 167* V

    Cabarrus College oHealth Sciences Concord 28025 335 C

    Carolinas College oHealth Sciences Charlotte 28203 N/A V

    Central PiedmontCommunity College Charlotte 28204 16,772 CC

    Davidson College Davidson 28036 1,668 U

    ECPI Collegeo Technology Charlotte 28217 496 T

    Gardner-WebbUniversity Charlotte 28208 2,659 U

    Gaston College Dallas 28034 4,792 C

    Johnson & WalesUniversity Charlotte 28202 2,493 U

    Johnson C. SmithUniversity Charlotte 28216 1,470 U

    Kings College Charlotte 28204 556* C

    Lee University Charlotte 28214 106 U

    Montreat College Charlotte 28217 458 C

    NC Center orApplied Textile Belmont 28102 N/A V

    Peier Universityat Charlotte Charlotte 28209 1,142 U

    Queens University Charlotte 28274 1,680 U

    Rowan CabarrusCommunity College Concord 28025 4,970 CC

    Southern PiedmontCommunity College Polkton 28135 2,023 CC

    Strayer University Charlotte 28273 6,753 U28262

    UNC at Charlotte Charlotte 28223 17,032 U

    University o Phoenixat Charlotte Charlotte 28273 1,138 U

    Wake Forest University Charlotte 28211 4,332 U

    Wingate University Wingate 28174 1,390 U

    Winthrop University Rock Hill, SC 29733 5,111 U

    York Technical College Rock Hill, SC 29730 4,263 T

    Type Code: U- University C- Four-Year college CC- Community College

    T- Technical Institute V- Vocational School N/A- Not Available

    *Estimate or Fall 2006 Enrollment and 2005-2006 Graduates gathered romthe Integrated Postsecondary Educations Data System (IPEDS) located onlineat http://nces.ed.gov/ipeds. Figures are not included in totals or all institutions.

    CHARLOTTE MECKLENBURGSCHOOL SYSTEM

    Number of SchoolsTotal number o Schools 167

    Elementary Schools 95

    Middle Schools 32

    High Schools 31

    Special Programs 9

    EnrollmentTotal Number o Students 132,281

    Grades K-5 65,455

    Grades 6-8 29,456

    Grades 9-12 37,370

    Pre-K 3,291

    Source: Charlotte Mecklenburg Schools December 2007

    Class SizeElementary School 20 Student average

    Middle School 21 Student average

    High School 18 Student average

    Average Daily Attendance 95%

    High School Students2007 graduates 6,587

    Graduates continuing their education 85%

    Private (Non-Public) SchoolsIndependent Schools 64

    Total Number o Students >20,000

    2006 SAT Recentered ScoresMecklenburg County 1029

    North Carolina 1008

    United States 1021

    Source: North Carolina Department o Education and CMS

    Educational Attainment Meck USPercent high school or higher 87.8% 84.1%

    Percent Associates degree or higher 46.0 34.4

    Percent Bachelors degree or higher 38.1 27.0

    Source: U.S. Census 2006 American Community Survey

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    Charlotte in Detail >> 2008

    QUALITY OF LIFE

    CommunicationsMajor Daily Newspapers 1

    Television Stations 10

    Local Radio Stations 28

    Telephone Companies 28

    Weekly Newspapers 20

    Cable Television Services 1

    Satellite Television Services 7

    Hotels and Motels,Mecklenburg County 3/08Total Number o Hotels and Motels 170

    Total Number o Rooms 21,946

    Source: Smith Travel Research

    Climatological Summary F

    Annual Average Temperature 62 Degrees

    Lowest Monthly Average (January) 32 Degrees

    Highest Monthly Average (July) 90 Degrees

    Records F

    Highest Temperature 104 Degrees

    Lowest Temperature -5 Degrees

    Precipitation FAnnual Average 43 inches

    Annual Snow Accumulation Average 30,000 sqt.) 254

    Source: Mecklenburg County Parks and Recreation and Carolina Real Data

    CulturalAfliate/Associate Groups with

    Arts & Science Council 62

    2007 Arts & Science Council Budget $17.9 million

    2008 Fund Drive $11.2 millionwww.artsandscience.org

    FinanceBanks and Holding Companies 25

    Total Headquartered Bank Assets $2.5 Trillion

    Total Headquartered Bank Deposits $926 Billion

    Mortgage Bankers 354

    Commercial Finance and Factoring 59

    Leasing Corporations

    (Transportation and Equipment) 5

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    2008 >> Charlotte in Detail

    Charlotte Area Residential Unit Sales*

    Year Total Sold Average Price Total Volume

    2007 39,983 $231,170 $9,242,870,110

    2006 43,748 220,510 9,646,871,480

    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

    *Carolina Multiple Listing Services, Inc., CMLS Service Area

    Real EstateConstruction

    New Residential PermitsSingle Multi- Units

    Year Family Family Total

    2007 7,494 6,306 13,800

    2006 10,215 7,874 18,069

    2005 9,775 3,827 13,602

    2004 8,730 3,960 12,690

    2003 8,935 3,677 12,612

    2002 9,638 3,851 13,489

    2001 9,766 4,718 14,484

    2000 9,398 5,370 14,768

    1999 9,755 4,210 13,965

    1998 8,663 4,285 12,948

    Construction__________Value (Millions)____

    Year Permits Residential Non-Residential Total

    2007 21,462 $2,223.7 $1,823.4 $4,047.1

    2006 24,250 2,709.5 1,560.9 4,270.4

    2005 22,037 2,063.2 1,297.6 3,051.0

    2004 19,243 1,730.8 1,326.1 3,056.8

    2003 18,984 1,600.8 905.7 2,506.5

    2002 19,770 1,564.1 814.4 2,378.5

    2001 19,174 1,640.2 1,117.5 2,757.7

    2000 18,937 1,641.0 1,670.6 3,305.7

    1999 19,323 1,313.7 1,044.2 2,357.8

    1998 17,845 1,362.5 1,005.3 2,367.9

    Charlotte-MecklenburgHistorical Trends in Office Space

    Rentable SF Used SF Available SF

    Date (Millions) (Millions) (Millions)

    9/07 42.5 37.4 5.1

    9/06 41.8 36.0 5.8

    9/05 40.3 34.3 5.9

    9/04 38.7 32.0 6.79/03 38.2 32.3 5.9

    9/02 37.7 31.9 5.8

    9/01 35.5 30.5 5.0

    9/00 33.4 29.0 4.4

    9/99 31.1 27.0 4.1

    9/98 28.8 24.8 4.0

    Percentage of RentableOffice Space Available

    DowntownCharlotte-Mecklenburg

    1998 1999 2000 2001 2002 2003 2004 2005 2006 2000%

    5%

    10%

    15%

    20%

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    Charlotte in Detail >> 2008

    Office Space Survey by Area 9/07No. of Reported Percent Average

    Area Buildings Rentable SF Available SF Available Rate/SF

    Downtown 51 14,131,558 338,017 2.4% $26.43

    Suburban 522 28,417,470 4,768,888 16.8 18.46Total 573 42,549,028 5,106,905 12.0 21.32

    Other Housing Food Transportation Utilities HealthCare

    Cost of Living IndexCities of 400,000 to 1,000,000 Population-

    Annual Average 2007

    Rank City All Items Index

    1 Fort Worth, TX 88.2

    2 Memphis, TN 89.3

    3 Charlotte, NC 89.7

    4 Oklahoma City, OK 90.0

    5 El Paso, TX 93.0

    6 Austin, TX 94.5

    7 Indianapolis, IN 94.7

    8 Nashville-Franklin, TN 95.1

    9 Kansas City, MO-KS 95.7

    10 Atlanta, GA 96.1

    11 Columbus, OH 97.4

    12 Albuquerque, NM 98.3

    13 Jacksonville, FL 98.7

    14 Cleveland, OH 98.9

    15 New Orleans, LA 99.6

    Rank City All Items Index

    16 Tucson, AZ 100.3

    17 Denver, CO 103.4

    18 Hampton Roads/SE Virginia, VA 106.8

    19 Las Vegas, NV 109.8

    20 Baltimore, MD 118.0

    21 Portland, OR 120.8

    22 Boston, MA 134.7

    23 Washington, DC 136.4

    24 San Jose, CA 154.2

    25 San Francisco, CA 168.5

    26 Fresno, CA 199.8

    SOURCES: U.S. Department o Commerce - Bureau o Census, 2000;ACCRA - Cost o Living Index, 2007

    NOTE: Five cities within this population range did not reportcost of living data to ACCRA.

    Cost of Living

    33% 30%12%

    11%

    10%

    4%

  • 8/14/2019 Charlotte NC Chamber of Commerce Profile

    15/16Ventures Charlotte | Third Quarter 200894

    2008 >> Charlotte in Detail

    TransportationCommercial Airport-

    Charlotte Douglas International

    Rankings 2007

    10th Nationwide in total operations

    18th Nationwide in total passengers

    33rd Nationwide in Cargo (reight, mail)

    Source: Charlotte Douglas International Airport

    Major Airlines.......................................................................9

    Regional Carriers .................................................................7

    Number o Flights Daily (January 2008) ...........................681

    Direct/Nonstop Flights ........................................... 178 cities

    Air Cargo 200766,990 tons enplaned

    75,829 tons deplaned

    Air Passenger Enplanements2007...........................................................................16,568,589

    2006...........................................................................14,829,903

    2005 ..........................................................................14,043,554

    2004...........................................................................12,417,506

    2003...........................................................................11,511,465

    2002...........................................................................11,792,5112001...........................................................................11,557,058

    2000...........................................................................11,498,794

    1999...........................................................................10,684,261

    1998...........................................................................11,445,850

    Top 15 Airports Served by Charlotte DouglasInternational Airport(4th Quarter 2007)

    Rank Destination Passengers Daily

    1 La Guardia 1346

    2 OHare 1040

    3 Newark 851

    4 Baltimore/Washington 801

    5 Boston 776

    6 Orlando 755

    7 Dallas/Ft. Worth 677

    8 Las Vegas 651

    9 Los Angeles 644

    10 John F. Kennedy 600

    11 Ft. Lauderdale 570

    12 Atlanta 515

    13 Philadelphia 502

    14 Tampa 50015 Detroit 491

  • 8/14/2019 Charlotte NC Chamber of Commerce Profile

    16/16

    Charlotte in Detail >> 2008

    Highways Serving AreaU.S. Primary 21, 29, 52, 74, 521, 601

    State Primary 16, 24, 27, 49, 51, 73, 160

    Interstates I-85 (I-485), I-77 (I-277)

    Trucking/Warehousing & Storage FirmsTrucking Firms 304

    Warehousing & Storage Firms 87

    Source: U.S. Census County Business Patterns 2005

    Rail ServiceOn-Line Railroads Norolk Southern & CSX Transportation

    O-Line Railroads Amtrak

    Trains through Charlotte Weekly 600+

    Bus ServiceProvided by Greyhound/ Trailways

    In-City Service Yes

    Charter Services 28

    Port FacilitiesInland Port opened in 1984

    Currently handling more than 32,000 containers annually

    Charlotte also oers a Foreign Trade Zone

    Easy accessibility to NC and SC ports

    Port o Wilmington 204 miles away

    Port o Charleston 207 miles away

    U.S. Customs CharlotteThe Charlotte branch o U.S. Customs and Border

    Protection oers a service port with a ull range o

    cargo processing unctions, including inspections,

    entry, collections, and verifcations.

    A publication of the

    Charlotte Chamber of Commerce

    PO Box 32785 - 330 S. Tryon Street

    Charlotte, NC 28232

    704.378.1300

    www.charlottechamber.com

    www.charlottechamber.com/infocharlotte

    Visit Info! Charlottefor information, resources

    and great ideas forCharlotte living.

    330 South Tryon Street704.331.2700

    Formerly known as Main Street Charlotte,Info! Charlotte is located in the

    Charlotte Chamber, at the cornerof MLK Blvd. and Tryon Street.

    Look for theinfo parking sign.

    experience charlotte! schools!

    higher education! seniors!

    moving here! fun charlotte!

    - -

    06/08/3M