Charlotte Population Nears One Million as Housing Costs Rise
Charlotte, North Carolina added nearly 21,000 residents between 2024 and 2025, bringing its population to 964,784. The city’s median home value rose from $238,000 in 2019 to $407,000 in 2024.
New York PostCharlotte, North Carolina reached a population of 964,784 after adding nearly 21,000 residents between 2024 and 2025, according to census data reported by Axios. S. cities during that period. Median home values increased from $238,000 in 2019 to $407,000 in 2024.
The income required to purchase the average home rose from roughly $79,000 in 2020 to about $150,000 in 2025, an 89 percent increase, the UNC Charlotte Housing Report stated. Dennis Cirillo, who moved to Charlotte in 2017, said traffic conditions now resemble those he left behind on Long Island.
Blumenthal, a real estate broker and vice chair of Charlotte’s planning commission, told Axios that cities either grow or do not grow, with no middle state. Longtime residents have expressed concern over new apartment construction and higher housing costs.
Key Facts
Story Timeline
5 events- 2019
Median home value stood at $238,000.
1 sourceNew York Post - 2020
Average family income needed for median home was about $79,000.
1 sourceNew York Post - 2024
Median home value reached $407,000.
1 sourceNew York Post - 2024-2025
Charlotte added nearly 21,000 residents, reaching 964,784.
1 sourceNew York Post - 2025
Income needed for median home rose to about $150,000.
1 sourceNew York Post
Potential Impact
- 01
Higher home prices may limit housing access for current residents.
- 02
New apartment construction continues amid resident concerns.
- 03
Increased traffic reported on major local highways.
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