Living in Charlotte, Tennessee
Cost of living, income, home prices, rent and demographics of Charlotte · Census data 2020–2024
Charlotte has 2,164 residents with a median age of 36.8. The median household income is $58,750 (16% lower than the Tennessee median), the median home value is $252,900, the median rent is $878/month.
Charlotte at a glance
- Population
- 2,164
- Median age
- 36.8State: 38.9
- Median household income
- $58,750State: $69,595
- Median home value
- $252,900State: $286,700
- Median rent
- $878/moState: $1,189
- Homeowners
- 81.2%
- Bachelor's degree or higher
- 15%
- Average commute
- 34 min
Is Charlotte a good place to live?
Pros: Home values 12% lower than the state median; a poverty rate of 11.7%.
Cons: Median household income 16% lower than the Tennessee median; an average commute of 34 minutes; unemployment of 7%.
The weather is best in April to June and September.
Cost of living in Charlotte
Housing is the biggest part of the cost of living. In Charlotte the median home value is $252,900, 24% lower than the U.S. median. Renters pay a median of $878 per month, which is 28.2% of household income. Homeowners with a mortgage pay $1,340 a month in housing costs.
Charlotte median household income
The median household income in Charlotte is $58,750 and the income per person is $26,622. 11.7% of residents live below the poverty line (Tennessee: 13.8%).
Housing in Charlotte: homes for sale and rent
- Housing units
- 749
- Owner-occupied
- 81.2%
- Renter-occupied
- 18.8%
- Vacant
- 15%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 2.94
Charlotte demographics
- Population
- 2,164
- Median age
- 36.8
- Under 18
- 23.3%
- 65 and older
- 15.4%
- Households
- 637
- Foreign-born
- 1.1%
- Veterans
- 7%Adults 18+
Hispanic or Latino can be of any race. Population history of Charlotte ›
Education in Charlotte
15% of adults 25 and older in Charlotte have a bachelor's degree or higher (Tennessee: 31.1%), and 6.8% have a graduate or professional degree.
Jobs and commute in Charlotte
- Unemployment rate
- 7%State: 4.7%
- Average commute
- 34 minState: 26 min
- Work from home
- 6.9%
- Drive alone
- 73.9%
- Public transit
- 0%
- Walk to work
- 1%
- Homes with broadband
- 82.1%
Charlotte vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Charlotte | 2,164 | $58,750 | $252,900 | $878 |
| Vanleer | 666 | $67,375 | $225,000 | $791 |
| Dickson | 16,424 | $69,678 | $292,600 | $1,063 |
| Burns | 1,884 | $69,167 | $286,400 | $887 |
| White Bluff | 4,080 | $69,483 | $279,900 | $954 |
| Kingston Springs | 2,791 | $103,250 | $426,500 | $1,164 |
| Pegram | 2,089 | $111,172 | $387,100 | $1,671 |
| McEwen | 1,806 | $60,781 | $205,300 | $745 |
| Ashland City | 5,424 | $79,231 | $294,100 | $1,336 |
More for people moving to Charlotte
Charlotte ZIP code ›Weather and climate ›Living in Charlotte: FAQ
What is the median household income in Charlotte, TN?
The median household income in Charlotte is $58,750, 16% lower than the Tennessee median of $69,595 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Charlotte?
The median home value in Charlotte is $252,900, compared with $286,700 in Tennessee.
How much is rent in Charlotte?
The median gross rent in Charlotte is $878 per month, about 28.2% of household income.
Is Charlotte, TN a good place to live?
Pluses: home values 12% lower than the state median; a poverty rate of 11.7%. Minuses: median household income 16% lower than the Tennessee median; an average commute of 34 minutes; unemployment of 7%.
What is the median age in Charlotte?
The median age in Charlotte is 36.8 years (Tennessee: 38.9).
How long is the commute in Charlotte?
The average commute to work in Charlotte is 34 minutes; 6.9% of workers work from home.
What is the unemployment rate in Charlotte?
The unemployment rate in Charlotte is 7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Charlotte?
15% of adults in Charlotte have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
Last updated: