Best In North Carolina Real Estate™: Charlotte
2026-10-16
Westport, NC leads the state in severe rent burden — 38.2% of renters spend over half their income on rent, according to the U.S. Census Bureau’s 2024 American Community Survey 5-Year Estimates. This is not a sign of failure, but a signal of structural demand pressure in Charlotte’s expanding suburbs. The data reveals a market where inclusion and affordability are in tension — and where growth is outpacing supply in ways that are not yet visible in new construction. How can we build more inclusive communities without pricing out the people who live there?
Photos via Wikimedia Commons: Slide 1: Raman Patel (CC BY 3.0) https://commons.wikimedia.org/?curid=53936272; Slide 2: Raman Patel (CC BY 3.0) https://commons.wikimedia.org/?curid=53936257; Slide 3: david28078 (CC BY 3.0) https://commons.wikimedia.org/?curid=39714786; Slide 4: TracyAndJohn (CC BY 3.0) https://commons.wikimedia.org/?curid=55059858
Renters Over the 50% Rent Threshold, top 10 (ALEX Intelligence — U.S. Census Bureau 2024)
#1 Westport — 38.2%
#2 Lake Norman of Iredell — 37.0%
#3 Cherryville — 35.8%
#4 Lincolnton — 30.9%
#5 Pineville — 30.8%
#6 Mount Holly — 30.0%
#7 Salisbury — 29.3%
#8 Wesley Chapel — 29.3%
#9 Gastonia — 26.4%
#10 Statesville — 26.2%
Source: https://alex-companies.com/data/2026-10-16-charlotte-severe-rent-burden-place-mkt
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Real Estate Strategy & Intelligence Leader. Democratized Blue Ocean Strategist & Operator.
Diane Hart Alexander, MBA, MHA
Chair & CEO, ALEX Companies
Designated Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al.
Texas License #574877-B · Broker License #565194-BB
[email protected] · +1 713.591.9902
Source data: Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024 · ALEX Intelligence computation
Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Director, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Director, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov



