Slideshow
July 2011
10 Best Value Cities for 2011
2. Charlotte, N.C.
Courtesy Visit Charlotte
Unemployment rate: 10.4%
Cost-of-living index: 93.0
Median household income: $53,168
Headquarters to Bank of America, the nation's largest bank measured in total deposits, and Duke Energy, which may soon become the largest utility in the country, Charlotte also has a blossoming small-business sector. Its location -- midway between Virginia Tech and Georgia Tech, between N.C. State and Clemson -- puts it in a sweet spot for tapping engineering talent.
Residents benefit from wallet-friendly utility rates and low taxes. Plus, reasonable construction costs and a stock of cheap local materials hold housing costs to just 80% of the national average.
Learn more about Charlotte:
Best Value Cities 2011: Read about Charlotte's affordability & culture
VIDEO: Take a walking tour of Charlotte
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