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Surrounding Area
<br />12
<br />Surrounding Area
<br />Location
<br />The subject is located in the central portion of Cabarrus County in the city of Concord. The subject is
<br />located to the west of downtown Concord and north of Barber - Scotia College.
<br />Access and Linkages
<br />Primary highway access to the area is via Interstate 85. Public transportation is provided by Rider
<br />Transit System and provides access to Concord and Kannapolis. Overall, the primary mode of
<br />transportation in the area is the automobile.
<br />Demand Generators
<br />Major employers include Carolinas Medical Center, Concord Mills Mall, Cabarrus County Schools,
<br />Cabarrus County Government, City of Concord and Connextions.
<br />Demographics
<br />A demographic profile of the surrounding area, including population, households, and income data, is
<br />presented in the following table.
<br />Surrounding Area Demographics
<br />Cabarrus County,
<br />2012 Estimates
<br />1 -Mile Radius
<br />3 -Mile Radius
<br />5 -Mile Radius
<br />NC
<br />North Carolina
<br />Population 2000
<br />11,061
<br />36,520
<br />66,526
<br />131,063
<br />8,049,313
<br />Population 2012
<br />10,291
<br />39,295
<br />83,127
<br />184,941
<br />9,783,974
<br />Population 2017
<br />10,131
<br />40,470
<br />88,948
<br />203,958
<br />10,469,175
<br />Compound% Change 2000 -2012
<br />-0.6%
<br />0.6%
<br />1.9%
<br />2.9%
<br />1.6%
<br />Compound % Change 2012 -2017
<br />-0.3%
<br />0.6%
<br />1.4%
<br />2.0%
<br />1.4%
<br />Households 2000
<br />4,017
<br />14,044
<br />25,337
<br />49,519
<br />3,132,013
<br />Households 2012
<br />3,838
<br />15,368
<br />31,343
<br />67,972
<br />3,851,922
<br />Households 2017
<br />3,809
<br />15,882
<br />33,405
<br />74,489
<br />4,134,406
<br />Compound % Change2000-2012
<br />-0.4%
<br />0.8%
<br />1.8%
<br />2.7%
<br />1.7%
<br />Compound % Change2012-2017
<br />-0.2%
<br />0.7%
<br />1.3%
<br />1.8%
<br />1.4%
<br />Median Household Income 2012
<br />$32,803
<br />$39,867
<br />$45,544
<br />$51,662
<br />$44,290
<br />Average Household Size
<br />2.6
<br />2.5
<br />2.6
<br />2.7
<br />2.5
<br />College Graduate%
<br />14%
<br />18%
<br />20%
<br />24%
<br />26%
<br />Median Age
<br />33
<br />35
<br />35
<br />36
<br />37
<br />Owner Occupied %
<br />43%
<br />53%
<br />65%
<br />74%
<br />67%
<br />Renter Occupied %
<br />57%
<br />47%
<br />35%
<br />26%
<br />33%
<br />Median Owner Occupied Housing Value
<br />$108,020
<br />$131,873
<br />$145,147
<br />$163,728
<br />$147,547
<br />Median Year Structure Built
<br />1958
<br />1981
<br />1987
<br />1990
<br />1985
<br />Avg.Travel Timeto Work in Min.
<br />27
<br />26
<br />27
<br />28
<br />25
<br />Source: Claritas
<br />As shown above, the current population within a 3 -mile radius of the subject is 39,295, and the
<br />average household size is 2.5. Population in the area has grown since the 2000 census, and this trend
<br />is projected to continue over the next five years. Compared to Cabarrus County overall, the population
<br />within a 3 -mile radius is projected to grow at a slower rate.
<br />The Glenn Center
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<br />H -5 Page 345
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