Davidson North Carolina is one of North Carolina's fastest growing communities. It has experienced an impressive growth in population over the past several decades. The city of Davidson, NC was named as one of the "most livable cities" in America by the National Association of Homebuilders in 2008.Davidson is a quiet, peaceful city located in Mecklenburg County, North Carolina. The population in this area has been growing consistently, reaching a high of over 10,000 in 2010. This steady population growth has made it one of the preferred places to live for young families, retirees, as well as young professionals. The real estate market is very stable and attractive to a wide variety of people from young families to the older generation. In addition, Davidson is home to many seasonal job opportunities and real estate investment opportunities.
The city of Davidson has an average yearly growth rate of about 3% over the past five years. Davidson is one of North Carolina's most booming cities due to the growth in the business and labor sectors. Real estate investment is one of the leading sources of income for residents, contributing over one million dollars in tax revenue annually to the community. As a result, the demand for real estate in Davidson has increased. Davidson's growth and population are also affected by its proximity to Charlotte, NC, and its position on the Interstate 95 corridor. A population who lives near the places they work or shop is more likely to visit these establishments on a daily basis, which results in continual flow of traffic and people into and out of the city of Davidson.
Another factor contributing to the vibrant economy of Davidson is the number of new and returning jobs. With a strong economy that supports a large number of potential workers, it is no wonder that the unemployment rate is low. One out of every fifty Davidson residents is employed full-time; another one in fifty are unemployed. Because of the number of people employed and the number of people searching for a job, Davidson has an exceptionally high number of available jobs, making it easy to draw the population of Davidson.
The population of Davidson is aging, but the number of children in the population has remained consistent. This could be due to the fact that there are public schools in Davidson. It could also be due to the fact that Davidson is located close enough to Charlotte, NC to benefit from a combination of educational facilities. When a parent sends their child to public school in Davidson, the parents are eligible for state-funded preschool grants, which may allow them to send their child to a quality private preschool in Davidson.
The rapid growth of Davidson makes it an ideal place to live and to own real estate. The tourism industry has added a considerable amount to the local economy. Davidson real estate offers homes in every price range, from starter homes to luxurious master planned communities. Davidson real estate is priced to sell, making it a great investment opportunity for any investor looking for a safe and reliable place to invest in North Carolina's North Carolina State.