Twenty years ago, Weddington barely registered on Charlottean’s radar as a feasible place to live and commute into the city. The once remote patchwork of farm land and pasture has come a long way since then and is getting noticed.
The suburb, which lies about 15 miles southeast of Charlotte, was just named the top suburb in the state by 24/7 Wall St., an online financial news and opinion site.
While some Americans choose to pay a higher price to live closer to a metro area, some prefer the slower pace and generally better affordability of the suburbs. Suburbs are generally considered safer, more quiet options with more space to raise a family. The Town of Weddington encompasses about 17 square miles.
According to the Census Bureau’s American Housing Survey, just over half of all Americans say they live in a suburban neighborhood compared to 27 percent who live in an urban environment.
The median household income of over $133,000 is about 150 percent of North Carolina’s median income of $52,752, according to 2017 Census data.
Nearly 11,000 people call Weddington home, according to the most recent Census report, and 98 percent of Weddington’s residents own their homes, one factor 24/7 Wall St. took into consideration when compiling data for the list.
Commute time (an average of 30 minutes from Weddington to Charlotte), crime rates, home size and income were also taken into consideration in compiling suburban data.
In neighboring South Carolina, Blythewood, a suburb of the Columbia metro area, ranked as the state’s top suburb.
According to 24/7 Wall St., a suburb was defined as all cities, towns, villages, boroughs, or Census-designated places with between 2,000 and 100,000 residents that fell within the boundaries of a metropolitan statistical area (MSA) but is not the principle city of the MSA.
For the full report, see 24/7 Wall St.