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Old 05-26-2022, 02:46 PM
 
718 posts, read 492,317 times
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https://wallethub.com/edu/cities-wit...conomies/10852
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Old 05-26-2022, 02:56 PM
 
Location: South Beach and DT Raleigh
13,966 posts, read 24,150,335 times
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Quote:
Originally Posted by Zedd90 View Post
I was looking on growth rates from 2010-2020 and Nashville was around 20.5% while Charlotte was at 19%. There really isn’t much of a difference if you’re nitpicking if you’re measuring .30 percent.
Even with a slightly lower growth rate for the previous decade, Charlotte put distance on Nashville in the 2010s because its base population was significantly larger at the beginning of the decade.

Charlotte MSA in the 10 years ending with Census 2020: +416,369
Nashville MSA in the 10 years ending with Census 2020: +343,319

Currently Charlotte's MSA is estimated to be 688,570 (34%) larger than Nashville's and is also now growing at a faster rate. Charlotte will continue to put distance on Nashville in population unless something drastic happens. FWIW, both MSAs have a similar amount of land area within which to count people, so that's a pretty good baseline.

Now, if we are talking about perceptions tied to public consciousness, city brand identity, or even the number of towers/cranes coming out of the ground in each city, then that's a completely different sort of peer metric.

Also, North Carolina's largest cities are famous for being, well, not famous. Tennessee's two largest cities have strong brand identities that elevate them.
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Old 05-26-2022, 04:52 PM
 
Location: Nashville, TN
9,679 posts, read 9,380,908 times
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Quote:
Originally Posted by rnc2mbfl View Post
Even with a slightly lower growth rate for the previous decade, Charlotte put distance on Nashville in the 2010s because its base population was significantly larger at the beginning of the decade.

Charlotte MSA in the 10 years ending with Census 2020: +416,369
Nashville MSA in the 10 years ending with Census 2020: +343,319

Currently Charlotte's MSA is estimated to be 688,570 (34%) larger than Nashville's and is also now growing at a faster rate. Charlotte will continue to put distance on Nashville in population unless something drastic happens. FWIW, both MSAs have a similar amount of land area within which to count people, so that's a pretty good baseline.

Now, if we are talking about perceptions tied to public consciousness, city brand identity, or even the number of towers/cranes coming out of the ground in each city, then that's a completely different sort of peer metric.

Also, North Carolina's largest cities are famous for being, well, not famous. Tennessee's two largest cities have strong brand identities that elevate them.
Charlotte has the advantage for population growth and development outside of economic reasons. Charlotte is flatter and has more developable land. Northwest Davidson County, Cheatham County, parts of Williamson, Rutherford, and Cannon Counties are steep grade and full of limestone, so it would be very expensive to develop. In addition, there are thousands of acres of protected nature reserves in and around Nashville. I am not certain about other counties in Nashville's metro, but Davidson County contains about 1/3 of land that likely will not be developed.
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Old 05-28-2022, 10:31 PM
 
Location: Land of Ill Noise
3,444 posts, read 3,368,937 times
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Quote:
Originally Posted by Arcenal813 View Post
It's still VERY heavy on service industry jobs, which drags it down quite a bit.
Thanks for your post. Can see that Orlando relying a lot on tourism and service jobs, probably helps drag it's GDP down versus Charlotte.
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Old 05-29-2022, 12:15 PM
 
Location: Nashville, TN
9,679 posts, read 9,380,908 times
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Quote:
Originally Posted by Arcenal813 View Post
It's still VERY heavy on service industry jobs, which drags it down quite a bit.
True. I think Orlando would do well to diversify its economy more. The city has several initiatives in place to increase entrepreneurship. Charlotte is better in this aspect, as the city is very business friendly.

https://www.bizjournals.com/orlando/...ncubators.html
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Old 07-11-2022, 10:15 PM
 
Location: North Bronx
413 posts, read 437,547 times
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I agree with many of the city suggestions but in terms of metro area I feel the Triangle should be mentioned a bit more I believe it may be growing even faster then Charlotte and other comparable metros like Nashville.
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Old 07-12-2022, 09:55 AM
 
611 posts, read 364,923 times
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Quote:
Originally Posted by QC Dreaming 2 View Post
Actually Charlotte has the more diversified economy....

I would think so.
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