NC vs US States

See how NC stacks up nationally across four drivers of long-term success: growth, workforce development, equity, and quality of life.

NC Economic Rankings

Growth

#21
/50

Workforce Development

#27
/50

Equity

#38
/50

Quality of Life

#36
/50

Are we attracting and retaining citizens?

Resident Population

US Current Rank

#9

vs last month 12M

US Growth Rank

#12

vs last month 12M

NC CURRENT RANK
#9
/50
NC GROWTH RANK
#12
/50
9th largest population today, 12th fastest growth over last 10 years

Are we growing economic productivity?

GDP per Capita
The market value of all final goods and services produced per resident

US Current Rank

#9

vs last month 12M

US Current Rank

#9

vs last month 12M

NC CURRENT RANK
#32
/50
NC GROWTH RANK
#18
/50
32nd HIghest GDP per Capita today, 18th fastest growth over last 10 years

Are we creating new businesses to sustain long-term growth?

High-Propensity Business Applications
Applications with a high-propensity of turning into a business with a payroll

US Current Rank

#9

vs last month 12M

US Current Rank

#9

vs last month 12M

NC ABSOLUTE RANK
#19
/50
NC GROWTH RANK
#10
/50
19th Most Business Applications today, 10th fastest growth over last 10 years

Projected Business Formations Within Four Quarters

NC ABSOLUTE RANK
#24
/50
NC GROWTH RANK
#11
/50
24th Most Projected Business Formations today, 11th fastest growth over last 10 years

Why Growth?

Sustainable growth starts with historical growth. Strong historical growth suggests our policies are working. Weak or uneven growth is a signal we need to reassess. 

Are we developing a skilled workforce to support future growth?

High-School Graduation Rates

NC Current Rank

#31
/50

NC Growth Rank

#3
/50
31st Highest HS Graduation Rates today, 3rd fastest improvement over last 10 years

College Graduation Rates

NC Current Rank

#19
/50

NC Growth Rank

#3
/50
19th Highest College Graduation Rates today, 3rd fastest improvement over last 10 years

Pre-K Enrollment

NC Current Rank

#37
/50

NC Growth Rank

#34
/50
37th Highest Pre-K Enrollment today, 34th fastest improvement over last 10 years

Are we matching workforce needs with labor supply?

U6 Unemployment
Total Unemployed, Plus All Persons Marginally Attached to the Labor Force, Plus Total Employed Part Time for Economic Reasons

NC Current Rank

#24
/50

NC Growth Rank

#16
/50
24th Highest U6 Uemployment Rate today, 16th fastest improvement over last 10 years

Why Work Force Development?

Sustainable growth depends on a workforce ready for the future. We assess if NC is building the skills and talent pipelines needed to meet tomorrow’s economic demands.

Is our economic growth reaching all citizens?

Median Household Income

NC Current Rank

#42
/50

NC Growth Rank

#38
/50
42nd Lowest Median Income today, 38th fastest improvement over last 10 years

Poverty Rate, Total Population

NC Current Rank

#35
/50

NC Growth Rank

#5
/50
35th Highest Poverty Rate today, 5th fastest improvement over last 10 years

Poverty Rate, Children

NC Current Rank

#36
/50

NC Growth Rank

#11
/50
36th Highest Child Poverty Rate today, 11th fastest improvement over last 10 years

Why Equity?

Sustainable growth requires an economy that works for all. We assess if NC’s growth is broad-based enough to build a strong foundation to support long-term growth.

Are we making it easier for residents to own a home?

Home Ownership Rate

nc Current Rank

#40

nc Growth Rank

#46
40th Highest Home Ownership Rate today, 46th fastest improvement over last 10 years

Housing Affordability
Median listing price divided by median household income.

nc Current Rank

#34

nc Growth Rank

#14
34th Highest Housing Prices today, 14th fastest improvement over last 10 years

Are we supporting our citizen's health?

Health Insurance Coverage Rate

nc Current Rank

#40

nc growth Rank

#23
40th Highest Health Insurance Rate today, 23rd fastest improvement over last 10 years

Life Expectancy

nc Current Rank

#37

nc growth Rank

#44
37th Highest Life Expectancy today, 44th fastest improvement over last 3 years

Infant Mortality Rate

nc Current Rank

#39

nc growth Rank

#29
39th Highest Infant Mortality Rate today, 29th fastest improvement over last 5 years

Why Quality of Life?

Sustainable growth requires growth that improves how people live. We assess if NC is improving the quality of its citizens' lives to ensure we build a durable future.

Resources

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