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Commerce Issues 2024 Economic Development Tier Rankings
29 Nov 2023
News
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.
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