NC is the No.1 Southeast State for Sustainability (Site Selection)
NC has increased production of renewables by nearly 52%, double the average of all 50 states
2024 North Carolina Tier Rankings are in.
30 Nov 2023
The North Carolina Department of Commerce released the county tier designations for 2024 today. The designations, which are mandated by state law, play a role in several programs that assist in economic development.
The 2024 rankings comply with the methodology prescribed by the North Carolina General Assembly in General Statue §143B-437.08, which identifies four economic factors to be compiled and calculated by N.C. Commerce and then used to analyze and rank each of North Carolina’s 100 counties. Each county is then assigned its tier designation ranking from one to three. Tier 1 counties are generally the most economically distressed and Tier 3 counties are generally the least economically distressed.
The rankings are based on an assessment of each county’s unemployment rate, median household income, population growth, and assessed property value per capita. The law calls for 40 counties to be designated as Tier 1, 40 counties to be designated as Tier 2, and 20 counties to be designated Tier 3. To read the full article click here.
More Topics
BOONE — In fiscal year 2021-22, Appalachian State University generated an estimated $573 million in added income for the five-county regional economy through operations, construction, visitor, and student spending, volunteerism and the increased earnings and productivity of alumni.Statewide, the estimated economic impact of App State was $2.2 billion.App State’s impacts...
The North Carolina Department of Commerce released the county tier designations for 2024 today. The designations, which are mandated by state law, play a role in several programs that assist in economic development.The 2024 rankings comply with the methodology prescribed by the North Carolina General Assembly in General Statue §143B-437.08,...
The Hickory City Council will consider requests to annex and rezone 49 acres of property on River Road for a 178-unit single-family housing development at its meeting on Tuesday.The property, which is owned by the Hickory real estate company Boureanu and Creech Properties LLC, is at 3940 River Road between...
