Aug 10, 2022 - News
Millennial “Charlotte unicorns” aren’t so rare
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There might be more millennial “Charlotte unicorns” than you think.
- This is, of course, the old reference to people who grew up in Charlotte and still live here.
- You might bump into a “Charlotte unicorn” in ‘the wild” at places like Smelly Cat in NoDa and Common Market in Plaza Midwood.
Driving the news: A recent migration patterns report using U.S. Census Bureau data shows that 68% of people born in the Charlotte region from 1984-1992 — the core group of millennials — were here at age 16 and still here at 26.
- Those who did move didn’t go far. The top metro area relocation was Raleigh, and the top state was South Carolina.
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Between the lines: Wealth remains an indicator of mobility.
- 43% of young Charlotteans who grew up with parents in the highest income bracket moved away, compared to just 26% of those in the lowest income bracket, the report found.
The bottom line: The whole “nobody who lives in Charlotte is actually from Charlotte” is becoming less and less true.