The Charlotte metropolitan statistical area (MSA) is a six-county area with a current population of approximately 1.92 million. Nicknamed the "Queen City", Charlotte is a major U.S. financial center with both Bank of America and Wells Fargo’s east coast operations headquartered in the city. Charlotte is home to two major professional sports franchises, the Carolina Panthers and the Charlotte Hornets.
The relatively strong pace of employment growth is expected to continue for the next few years. Demand for apartments in the Charlotte MSA should remain strong due to the area's favorable rental demographic and home ownership not being as competitive as in many other metros.
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