The Town of Davidson is committed to maintaining an economically diverse citizenry and providing affordable housing opportunities. Davidson's historic mix of people in all income levels and ages is fundamental to our community, so town government will encourage opportunities, services, and infrastructure that allow people of all means to live and work here.
In 2017, the UNC-Charlotte Urban Institute created a Housing Needs Assessment for the Town of Davidson. Highlights include: 1. Housing inventory is heavily single-family, owner-occupied. There is a need for more rental units.
2. The population has more than tripled in the last 25 years.
3. There is an aging population. Davidson is missing the 20-39 age range.
4. The population is increasingly affluent and educated. Davidson is the only town in the county where over half the residents earn more than $100,000..
5. 5,500 people work in Davidson. Half of the workers earn less than $40,000, and few workers live in Davidson.
6. Homes are less affordable. Median sales price in 2015-16 was $385,000 (Cornelius- $265,000; Huntersville- $250,000)