| Augustalee will be the premier retail center of the large affluent area north of Charlotte surrounding Lake Norman, the state’s largest inland lake. The development will draw customers from a wide region, including cities more than an hour away.
Almost 900,000 people live within a 20-mile radius, or a drive time under 30 minutes. Demographics for Augustalee’s zip code, 28031, are especially impressive (all data as 2008 estimates unless otherwise noted):
 • Population growth 2000-2008: 59.9%
• Population estimated growth 2008-2013: 22.5%
• Household growth 2000-2008: 63.7%
• Household estimated growth 2008-2013: 24.6%
• College educated: 77.6%
• Bachelor degree or better: 50.5%
• 2008 est. median family income: $102,397
• 2008 est. average family income: $139,161
• White-collar workforce employed: 78.0%
• For-profit private workers employed: 79.7%
Source: CB Richard Ellis Mapping Center, Feb. 2009
For more demographic details, click here for a PDF download. |
