In 2019,
North Carolina's total gross state product was around $591 billion.
According to the Bureau of Economic Analysis, the state's 2010 total gross state product was $424.9 billion, making it the ninth wealthiest state in terms of gross domestic product.
Its 2007
per capita personal income was $33,735, placing 36th in the nation.
[ ]
There has been a distinct difference in the economic growth of North Carolina's urban and rural areas. While large cities such as
Charlotte
Charlotte ( ) is the most populous city in the U.S. state of North Carolina. Located in the Piedmont region, it is the county seat of Mecklenburg County. The population was 874,579 at the 2020 census, making Charlotte the 16th-most populo ...
,
Raleigh
Raleigh (; ) is the capital city of the state of North Carolina and the seat of Wake County in the United States. It is the second-most populous city in North Carolina, after Charlotte. Raleigh is the tenth-most populous city in the Southeas ...
,
Greensboro
Greensboro (; formerly Greensborough) is a city in and the county seat of Guilford County, North Carolina, United States. It is the List of municipalities in North Carolina, third-most populous city in North Carolina after Charlotte, North Car ...
, and others have experienced rapid population and economic growth over the last thirty years, many of the state's small towns have suffered from loss of jobs and population. Most of North Carolina's small towns historically developed around textile and furniture factories. However, North Carolina has been affected by
offshoring and industrial growth in countries like China; one in five manufacturing jobs in the state has been lost to overseas competition. As these factories closed and moved to low-wage markets in Asia and Latin America, the small towns that depended upon them have suffered.
![Map of the State of North Carolina showing the gold region 1847](https://upload.wikimedia.org/wikipedia/commons/9/92/Map_of_the_State_of_North_Carolina_showing_the_gold_region_1847.jpg)
The first gold nugget found in the U.S. was found in Cabarrus County in 1799. The first gold dollar minted in the U.S. was minted at the Bechtler Mint in Rutherford County.
Agriculture and manufacturing
The responsibilities in regulatory and service areas covering different aspect of Agriculture and manufacturing are overseen by the North Carolina Department of Agriculture and Consumer Services. Over the past century, North Carolina has grown to become a national leader in
agriculture
Agriculture or farming is the practice of cultivating plants and livestock. Agriculture was the key development in the rise of sedentary human civilization, whereby farming of domesticated species created food surpluses that enabled people t ...
,
financial services, and
manufacturing
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to ...
. The state's industrial output—mainly
textiles,
chemicals
A chemical substance is a form of matter having constant chemical composition and characteristic properties. Some references add that chemical substance cannot be separated into its constituent elements by physical separation methods, i.e., wit ...
,
electrical equipment,
paper
Paper is a thin sheet material produced by mechanically or chemically processing cellulose fibres derived from wood, rags, grasses or other vegetable sources in water, draining the water through fine mesh leaving the fibre evenly distrib ...
and
pulp and paper products—ranked eighth in the nation in the early 1990s. The textile industry, which was once a mainstay of the state's economy, has been steadily losing jobs to producers in Latin America and Asia for the past 25 years, though the state remains the largest textile employer in the United States. In recent years, another important Carolina industry, furniture production, has also been hard hit by jobs moving to Asia (especially
China).
North Carolina's agricultural outputs include
poultry
Poultry () are domesticated birds kept by humans for their eggs, their meat or their feathers. These birds are most typically members of the superorder Galloanserae (fowl), especially the order Galliformes (which includes chickens, quails, ...
and
eggs
Humans and human ancestors have scavenged and eaten animal eggs for millions of years. Humans in Southeast Asia had domesticated chickens and harvested their eggs for food by 1,500 BCE. The most widely consumed eggs are those of fowl, especial ...
,
tobacco
Tobacco is the common name of several plants in the genus '' Nicotiana'' of the family Solanaceae, and the general term for any product prepared from the cured leaves of these plants. More than 70 species of tobacco are known, but the ...
,
hogs,
milk
Milk is a white liquid food produced by the mammary glands of mammals. It is the primary source of nutrition for young mammals (including breastfed human infants) before they are able to digest solid food. Immune factors and immune-modula ...
,
nursery stock,
cattle
Cattle (''Bos taurus'') are large, domesticated, cloven-hooved, herbivores. They are a prominent modern member of the subfamily Bovinae and the most widespread species of the genus ''Bos''. Adult females are referred to as cows and adult ma ...
,
sweet potatoes
The sweet potato or sweetpotato ('' Ipomoea batatas'') is a dicotyledonous plant that belongs to the bindweed or morning glory family, Convolvulaceae. Its large, starchy, sweet-tasting tuberous roots are used as a root vegetable. The young sho ...
, and
soybeans.
North Carolina is the leading producer of tobacco in the country. As one of North Carolina's earliest sources of revenue, it remains vital to the local economy.
![Muscadines](https://upload.wikimedia.org/wikipedia/commons/d/d5/Muscadines.Scuppernongs.jpg)
The cultivated productions of the Mountain section are
sweet corn,
wheat
Wheat is a grass widely cultivated for its seed, a cereal grain that is a worldwide staple food. The many species of wheat together make up the genus ''Triticum'' ; the most widely grown is common wheat (''T. aestivum''). The archaeologi ...
,
oats
The oat (''Avena sativa''), sometimes called the common oat, is a species of cereal grain grown for its seed, which is known by the same name (usually in the plural, unlike other cereals and pseudocereals). While oats are suitable for human co ...
,
barley
Barley (''Hordeum vulgare''), a member of the grass family, is a major cereal grain grown in temperate climates globally. It was one of the first cultivated grains, particularly in Eurasia as early as 10,000 years ago. Globally 70% of barley p ...
,
hay
Hay is grass, legumes, or other herbaceous plants that have been cut and dried to be stored for use as animal fodder, either for large grazing animals raised as livestock, such as cattle, horses, goats, and sheep, or for smaller domesticat ...
,
tobacco
Tobacco is the common name of several plants in the genus '' Nicotiana'' of the family Solanaceae, and the general term for any product prepared from the cured leaves of these plants. More than 70 species of tobacco are known, but the ...
,
fruits and
vegetables
Vegetables are parts of plants that are consumed by humans or other animals as food. The original meaning is still commonly used and is applied to plants collectively to refer to all edible plant matter, including the flowers, fruits, stems ...
.
Cattle
Cattle (''Bos taurus'') are large, domesticated, cloven-hooved, herbivores. They are a prominent modern member of the subfamily Bovinae and the most widespread species of the genus ''Bos''. Adult females are referred to as cows and adult ma ...
are also reared quite extensively for market, and large numbers of
chickens are raised for market in the northwestern mountains and foothills. A prominent new industry in the mountains is the raising and selling of
Christmas Trees
A Christmas tree is a decorated tree, usually an evergreen conifer, such as a spruce, pine or fir, or an artificial tree of similar appearance, associated with the celebration of Christmas. The custom was further developed in early modern ...
. In the Piedmont region of central North Carolina are found all the products of the mountains, although over the southern half
cotton
Cotton is a soft, fluffy staple fiber that grows in a boll, or protective case, around the seeds of the cotton plants of the genus '' Gossypium'' in the mallow family Malvaceae. The fiber is almost pure cellulose, and can contain minor pe ...
appears as the staple product. In the deep, loamy soils of the coastal region, cotton, corn, and oats are the staple crops, and
truck farming
A market garden is the relatively small-scale production of fruits, vegetables and flowers as cash crops, frequently sold directly to consumers and restaurants. The diversity of crops grown on a small area of land, typically from under to som ...
(growing fruits and vegetables for northern markets), constitutes a flourishing industry. Formerly
longleaf pine
The longleaf pine (''Pinus palustris'') is a pine species native to the Southeastern United States, found along the coastal plain from East Texas to southern Virginia, extending into northern and central Florida. In this area it is also known as ...
forests produced tar, pitch and turpentine, and more recently lumber. Little old growth longleaf area is left; much has been replanted in
loblolly pine
''Pinus taeda'', commonly known as loblolly pine, is one of several pines native to the Southeastern United States, from East Texas to Florida, and north to southern New Jersey. The wood industry classifies the species as a southern yellow pine. ...
, which is used for
paper pulp
Pulp is a Lignocellulosic biomass, lignocellulosic fibrous material prepared by chemically or mechanically separating cellulose fibers from wood, fiber crops, Paper recycling, waste paper, or cotton paper, rags. Mixed with water and other chemica ...
,
plywood, and
lumber
Lumber is wood that has been processed into dimensional lumber, including beams and planks or boards, a stage in the process of wood production. Lumber is mainly used for construction framing, as well as finishing (floors, wall panels, wi ...
. Four of the grape varieties of America are native to North Carolina: the
Catawba Catawba may refer to:
*Catawba people, a Native American tribe in the Carolinas
*Catawba language, a language in the Catawban languages family
*Catawban languages
Botany
*Catalpa, a genus of trees, based on the name used by the Catawba and other N ...
,
Isabella
Isabella may refer to:
People and fictional characters
* Isabella (given name), including a list of people and fictional characters
* Isabella (surname), including a list of people
Places
United States
* Isabella, Alabama, an unincorpor ...
,
Lincoln
Lincoln most commonly refers to:
* Abraham Lincoln (1809–1865), the sixteenth president of the United States
* Lincoln, England, cathedral city and county town of Lincolnshire, England
* Lincoln, Nebraska, the capital of Nebraska, U.S.
* Lincol ...
, and
Scuppernong
The scuppernong is a large variety of muscadine (''Vitis rotundifolia''), a species of grape native to the Southern United States. It is usually a greenish or bronze color and is similar in appearance and texture to a white grape, but rounder and ...
.
Employment
CNBC's list of "Top States for Business for 2010" has recognized North Carolina as the fourth-best state in the nation, behind Texas, Virginia and Colorado.
North Carolina is an
at-will employment state, meaning employees in the private sector may be dismissed without prior notice or reason.
In October 2019, the unemployment rate was 4%.
Finance, technology, and research
Charlotte
Charlotte ( ) is the most populous city in the U.S. state of North Carolina. Located in the Piedmont region, it is the county seat of Mecklenburg County. The population was 874,579 at the 2020 census, making Charlotte the 16th-most populo ...
, North Carolina's largest city, continues to experience rapid growth, in large part due to the banking and finance industry. Charlotte is the second-largest banking center in the United States (after
New York), and is home to
Bank of America
The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina. The bank ...
and
Truist Financial
Truist Financial Corporation is an American bank holding company headquartered in Charlotte, North Carolina. The company was formed in December 2019 as the result of the merger of BB&T (Branch Banking and Trust Company) and SunTrust Banks. Its ...
. The
Charlotte metro area is also home to 6 other Fortune 500 companies.
The capital city of
Raleigh
Raleigh (; ) is the capital city of the state of North Carolina and the seat of Wake County in the United States. It is the second-most populous city in North Carolina, after Charlotte. Raleigh is the tenth-most populous city in the Southeas ...
is where
SAS Institute
SAS Institute (or SAS, pronounced "sass") is an American multinational developer of analytics software based in Cary, North Carolina. SAS develops and markets a suite of analytics software ( also called SAS), which helps access, manage, ana ...
, one of the world's largest privately held software companies, and
CaptiveAire Systems, the largest privately held
kitchen ventilation
Kitchen ventilation is the branch of ventilation specialising in the treatment of air from kitchens.http://www.hse.gov.uk/pubns/cais10.pdf It addresses the problems of grease, smoke and odours not found in most other ventilation systems.
Kitche ...
systems company in the country, were founded.
The
information
Information is an abstract concept that refers to that which has the power to inform. At the most fundamental level information pertains to the interpretation of that which may be sensed. Any natural process that is not completely random ...
and
biotechnology
Biotechnology is the integration of natural sciences and engineering sciences in order to achieve the application of organisms, cells, parts thereof and molecular analogues for products and services. The term ''biotechnology'' was first used ...
industries have been steadily on the rise since the creation of the
Research Triangle Park (RTP) in the 1950s. Located between
Raleigh
Raleigh (; ) is the capital city of the state of North Carolina and the seat of Wake County in the United States. It is the second-most populous city in North Carolina, after Charlotte. Raleigh is the tenth-most populous city in the Southeas ...
,
Durham Durham most commonly refers to:
*Durham, England, a cathedral city and the county town of County Durham
*County Durham, an English county
* Durham County, North Carolina, a county in North Carolina, United States
*Durham, North Carolina, a city in N ...
, and
Chapel Hill, it is a globally prominent research center home to over 170 companies and federal agencies and is the largest and oldest continuously operating research and science park in the United States. Anchored by the
University of North Carolina
The University of North Carolina is the multi-campus public university system for the state of North Carolina. Overseeing the state's 16 public universities and the NC School of Science and Mathematics, it is commonly referred to as the UNC Sy ...
in Chapel Hill,
Duke University in Durham, and
North Carolina State University in Raleigh, the park's proximity to these research universities has no doubt helped to fuel growth.
![Downtown-Raleigh-from-Western-Boulevard-Overpass-20081012](https://upload.wikimedia.org/wikipedia/commons/5/5c/Downtown-Raleigh-from-Western-Boulevard-Overpass-20081012.jpeg)
The
North Carolina Research Campus
The North Carolina Research Campus (NCRC) is a public-private research center in Kannapolis, North Carolina, United States. The Campus was envisioned by David H. Murdock, owner of Dole Food Company and Castle and Cooke, Inc., as a center for imp ...
underway in
Kannapolis
Kannapolis () is a city in Cabarrus and Rowan counties, in the U.S. state of North Carolina, northwest of Concord and northeast of Charlotte and is a suburb in the Charlotte metropolitan area. The city of Kannapolis was incorporated in 1984. Th ...
(approx. northeast of Charlotte) aims to enrich and bolster the Charlotte area in the same way that RTP changed the Raleigh-Durham region. Encompassing , the complex is a collaborative project involving
Duke University,
University of North Carolina at Charlotte
The University of North Carolina at Charlotte (UNC Charlotte or simply Charlotte) is a public research university in Charlotte, North Carolina. UNC Charlotte offers 24 doctoral, 66 master's, and 79 bachelor's degree programs through nine colle ...
,
University of North Carolina at Chapel Hill
A university () is an institution of higher (or tertiary) education and research which awards academic degrees in several academic disciplines. Universities typically offer both undergraduate and postgraduate programs. In the United States ...
, and
N.C. State University, along with private and corporate investors and developers. The facility incorporates corporate, academic, commercial and residential space, oriented toward
research and development (R&D) and biotechnology.
Similarly, the
Wake Forest Innovation Quarter Innovation Quarter in Winston-Salem, North Carolina, formerly Wake Forest Innovation Quarter, is an innovation district focused on research, business and education in biomedical science, information technology, digital media, clinical services and a ...
(formerly the Piedmont Triad Research Park) is a multi-university collaboration in
Winston-Salem
Winston-Salem is a city and the county seat of Forsyth County, North Carolina, United States. In the 2020 census, the population was 249,545, making it the second-largest municipality in the Piedmont Triad region, the 5th most populous city in ...
that specializes in digital media, advanced materials, biomedical science and information technology. In 2006,
University of North Carolina at Greensboro
The University of North Carolina at Greensboro (UNCG or UNC Greensboro) is a public research university in Greensboro, North Carolina. It is part of the University of North Carolina system. UNCG, like all members of the UNC system, is a stand- ...
and
North Carolina A&T State University
North Carolina Agricultural and Technical State University (also known as North Carolina A&T State University, North Carolina A&T, N.C. A&T, or simply A&T) is a public, historically black land-grant research university in Greensboro, North Caro ...
joined forces to create th
Gateway Research Park a technology-based research entity which focuses its efforts on areas such as nanotechnology, biotechnology & biochemistry, environmental sciences, and genetics among other science-based disciplines.
Film and the arts
Film studios are located in
Shelby,
Raleigh
Raleigh (; ) is the capital city of the state of North Carolina and the seat of Wake County in the United States. It is the second-most populous city in North Carolina, after Charlotte. Raleigh is the tenth-most populous city in the Southeas ...
,
Durham Durham most commonly refers to:
*Durham, England, a cathedral city and the county town of County Durham
*County Durham, an English county
* Durham County, North Carolina, a county in North Carolina, United States
*Durham, North Carolina, a city in N ...
,
Charlotte
Charlotte ( ) is the most populous city in the U.S. state of North Carolina. Located in the Piedmont region, it is the county seat of Mecklenburg County. The population was 874,579 at the 2020 census, making Charlotte the 16th-most populo ...
,
Asheville
Asheville ( ) is a city in, and the county seat of, Buncombe County, North Carolina. Located at the confluence of the French Broad and Swannanoa rivers, it is the largest city in Western North Carolina, and the state's 11th-most populous ci ...
,
Wilmington, and
Winston-Salem
Winston-Salem is a city and the county seat of Forsyth County, North Carolina, United States. In the 2020 census, the population was 249,545, making it the second-largest municipality in the Piedmont Triad region, the 5th most populous city in ...
.
Wilmington is the home of EUE Screen Gems Studios, the largest domestic television and film production facility outside of California. "Dream Stage 10," the facility's newest sound stage, is the third-largest in the US. It houses the largest special-effects water tank in North America. Since the studio's opening in 1984, Wilmington has become a major center of American film and television production with more than 300 productions under its belt. Some of the best-known films and television series filmed in the state include: ''
Forrest Gump'', ''
Bull Durham
''Bull Durham'' is a 1988 American romantic comedy sports film. It is partly based upon the minor-league baseball experiences of writer/director Ron Shelton and depicts the players and fans of the Durham Bulls, a minor-league baseball team in ...
'', ''
Richie Rich'', ''
Divine Secrets of the Ya-Ya Sisterhood
''Divine Secrets of the Ya-Ya Sisterhood'' is a 1996 novel written by Rebecca Wells. It follows the novel '' Little Altars Everywhere''. In 2005, Wells wrote ''Ya-Yas in Bloom'' and then ''The Crowning Glory of Calla Lily Ponder''. ''Divine Secret ...
'', ''
All the Real Girls'', ''
The Secret Life of Bees'', ''
Being There
''Being There'' is a 1979 American satire film directed by Hal Ashby. Based on the 1970 novel of the same name by Jerzy Kosiński, it was adapted for the screen by Kosiński and the uncredited Robert C. Jones. The film stars Peter Sellers an ...
'', ''
Blue Velvet'', ''
A Walk to Remember
''A Walk to Remember'' is a 2002 American coming-of-age romantic drama film directed by Adam Shankman and written by Karen Janszen, based on Nicholas Sparks' 1999 novel of the same name. The film stars Shane West, Mandy Moore, Peter Coyote an ...
'', ''
Glory'', ''
The Color Purple
''The Color Purple'' is a 1982 epistolary novel by American author Alice Walker which won the 1983 Pulitzer Prize for Fiction and the National Book Award for Fiction. '', ''
Cabin Fever
Cabin fever is the distressing claustrophobic irritability or restlessness experienced when a person, or group, is stuck at an isolated location or in confined quarters for an extended time. A person may be referred to as stir-crazy, derived from ...
'', ''
Super Mario Bros.
is a platform game developed and published by Nintendo for the Nintendo Entertainment System (NES). The successor to the 1983 arcade game '' Mario Bros.'' and the first game in the ''Super Mario'' series, it was first released in 1985 for ...
'', ''
Cape Fear'', ''
Children of the Corn'', ''
The Crow
The Crow is a supernatural superhero comic book series created by James O'Barr revolving around the titular character of the same name. The series, which was originally created by O'Barr as a means of dealing with the death of his fiancée at t ...
'', ''
Cyborg
A cyborg ()—a portmanteau of ''cybernetic'' and ''organism''—is a being with both organic and biomechatronic body parts. The term was coined in 1960 by Manfred Clynes and Nathan S. Kline. '', ''
Dawson's Creek
''Dawson's Creek'' is an American teen drama television series about the lives of a close-knit group of friends in the fictional town of Capeside, Massachusetts, beginning in high school and continuing into college that ran from 1998 to 2003. T ...
'', ''
Dirty Dancing
''Dirty Dancing'' is a 1987 American romantic drama dance film written by Eleanor Bergstein, produced by Linda Gottlieb, and directed by Emile Ardolino. Starring Patrick Swayze and Jennifer Grey, it tells the story of Frances "Baby" Houseman ...
'', ''
Evil Dead II
''Evil Dead II'' (also known in publicity materials as ''Evil Dead 2: Dead by Dawn'') is a 1987 American comedy horror film directed by Sam Raimi. It is considered both a remake and sequel (or "re-quel") to the 1981 film ''The Evil Dead'', and wa ...
'', ''
The Fugitive'', ''
The Green Mile'', ''
Hannibal'', ''
The Last of the Mohicans
''The Last of the Mohicans: A Narrative of 1757'' is a historical romance written by James Fenimore Cooper in 1826.
It is the second book of the ''Leatherstocking Tales'' pentalogy and the best known to contemporary audiences. '' The Pathfinder ...
'', ''
Maximum Overdrive
''Maximum Overdrive'' is a 1986 American comedy horror film written and directed by Stephen King. The film stars Emilio Estevez, Pat Hingle, Laura Harrington, and Yeardley Smith. The screenplay was inspired by and loosely based on King's sh ...
'', ''
Nell'', ''
One Tree Hill One Tree Hill may refer to:
* "One Tree Hill" (song), a 1987 song by U2 referencing One Tree Hill, New Zealand volcanic peak
* ''One Tree Hill'' (TV series), a 2003–2012 American drama series named for the U2 song
** ''One Tree Hill'' (soundtr ...
'', ''
Patch Adams
Hunter Doherty "Patch" Adams (born May 28, 1945) is an American physician, comedian, social activist, clown, and author. He founded the Gesundheit! Institute in 1971. Each year he also organizes volunteers from around the world to travel to var ...
'', ''
Junebug'', ''
Shallow Hal
''Shallow Hal'' is a 2001 American romantic comedy film starring Gwyneth Paltrow and Jack Black about a shallow man who falls in love with a 300-pound woman after being hypnotized into only seeing a person's inner beauty. Directed by the Farrell ...
'', ''
Talladega Nights: The Ballad of Ricky Bobby'', ''
Teenage Mutant Ninja Turtles III
''Teenage Mutant Ninja Turtles III'' is a 1993 American superhero film written and directed by Stuart Gillard. It is the sequel to '' Teenage Mutant Ninja Turtles II: The Secret of the Ooze'' (1991), and the final installment in the original ' ...
'', ''
Leatherheads'', ''
Nights in Rodanthe'', ''
The Hunger Games trilogy
''The Hunger Games'' is a series of young adult dystopian novels written by American author Suzanne Collins. The first three novels are part of a trilogy following teenage protagonist Katniss Everdeen, and the fourth book is a prequel set 6 ...
'' and ''
28 Days.'' Half of Stephen King's films were filmed in North Carolina.
The television show most associated with North Carolina is ''
The Andy Griffith Show
''The Andy Griffith Show '' is an American situation comedy television series that aired on CBS from October 3, 1960, to April 1, 1968, with a total of 249 half-hour episodes spanning eight seasons—159 in black and white and 90 in color.
The ...
'', which aired on
CBS-TV from 1960 to 1968. The series is set in the fictional small town of
Mayberry, North Carolina, and was based on the real-life town of
Mount Airy, North Carolina, although it was filmed in
California
California is a state in the Western United States, located along the Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the most populous U.S. state and the 3rd largest by area. It is also the m ...
. Mount Airy is the hometown of actor
Andy Griffith
Andy Samuel Griffith (June 1, 1926 – July 3, 2012) was an American actor, comedian, television producer, southern gospel singer and writer whose career spanned seven decades in music and television. Known for his Southern drawl, his character ...
. The show is still popular in
rerun
A rerun or repeat is a rebroadcast of an episode of a radio or television program. There are two types of reruns – those that occur during a hiatus, and those that occur when a program is syndicated.
Variations
In the United Kingdom, the word ...
s and is frequently shown in
syndication
Syndication may refer to:
* Broadcast syndication, where individual stations buy programs outside the network system
* Print syndication, where individual newspapers or magazines license news articles, columns, or comic strips
* Web syndication, ...
around the nation. North Carolina is also home to some of the Southeast's biggest film festivals, including the
National Black Theatre Festival
The National Black Theatre Festival (NBTF) was founded in 1989 by Larry Leon Hamlin in Winston-Salem, North Carolina. Serving as its executive director, Hamlin’s goal in creating the Festival was "to unite black theatre companies in America to en ...
,
RiverRun International Film Festival
The RiverRun International Film Festival is an annual Oscar-qualifying film festival held each spring in Winston-Salem, North Carolina. The festival is a 501(c)3 non-profit organization and presents a variety of feature-length and short films fro ...
in
Winston-Salem
Winston-Salem is a city and the county seat of Forsyth County, North Carolina, United States. In the 2020 census, the population was 249,545, making it the second-largest municipality in the Piedmont Triad region, the 5th most populous city in ...
,
Full Frame Documentary Film Festival in
Durham, North Carolina, and th
BluMoon Film Festivalin
Greenville, North Carolina.
Tourism
Tourism destinations in the state include amusement parks, golf, wineries, beaches, mountains, and sports venues. The North Carolina tourism industry employs more than 190,000 people. The state is the 6th most visited in the country (preceded by Florida, California, New York, Nevada and Pennsylvania). The North Carolina Department of Commerce maintains a Tourism Services providing matching funds and consultation for development tourism in the state including rural tourism.
Tax revenue
North Carolina personal
income tax
An income tax is a tax imposed on individuals or entities (taxpayers) in respect of the income or profits earned by them (commonly called taxable income). Income tax generally is computed as the product of a tax rate times the taxable income. Tax ...
is flat, with a 5.75% rate. The base state
sales tax is 4.25%.
Most taxable sales or purchases are subject to the state tax as well as the 2.5% local tax rate levied by all counties, for a combined 6.75%. Mecklenburg County has an additional 0.5% local tax for public transportation, bringing sales taxes there to a total 7.25%. In addition, there is a 30.2¢ tax per gallon of
gas
Gas is one of the four fundamental states of matter (the others being solid, liquid, and plasma).
A pure gas may be made up of individual atoms (e.g. a noble gas like neon), elemental molecules made from one type of atom (e.g. oxygen), or ...
, a 45¢ tax per pack of cigarettes, a 79¢ tax on wine, and a 48¢ tax on beer. There are also additional taxes levied against food, normally totaling 2%, and some counties assess a 1% tax on prepared food.
The
property tax
A property tax or millage rate is an ad valorem tax on the value of a property.In the OECD classification scheme, tax on property includes "taxes on immovable property or net wealth, taxes on the change of ownership of property through inhe ...
in North Carolina is locally assessed and collected by the counties. The three main elements of the property tax system in North Carolina are
real property,
motor vehicles and
personal property (inventories and household personal property are exempt). Estimated at 10.5% of income, North Carolina's state and local tax burden percentage ranks 23rd highest nationally (taxpayers pay an average of $3,526 per-capita), just below the national average of 10.6%.
North Carolina ranks 40th in the
Tax Foundation
The Tax Foundation is an American think tank based in Washington, D.C. It was founded in 1937 by a group of businessmen in order to "monitor the tax and spending policies of government agencies". The Tax Foundation collects data and publishe ...
's State Business Tax Climate Index with neighboring states ranked as follows:
Tennessee
Tennessee ( , ), officially the State of Tennessee, is a landlocked state in the Southeastern region of the United States. Tennessee is the 36th-largest by area and the 15th-most populous of the 50 states. It is bordered by Kentucky to th ...
(18th),
Georgia
Georgia most commonly refers to:
* Georgia (country), a country in the Caucasus region of Eurasia
* Georgia (U.S. state), a state in the Southeast United States
Georgia may also refer to:
Places
Historical states and entities
* Related to the ...
(19th),
South Carolina
)'' Animis opibusque parati'' ( for, , Latin, Prepared in mind and resources, links=no)
, anthem = " Carolina";" South Carolina On My Mind"
, Former = Province of South Carolina
, seat = Columbia
, LargestCity = Charleston
, LargestMetro = ...
(26th) and
Virginia
Virginia, officially the Commonwealth of Virginia, is a state in the Mid-Atlantic and Southeastern regions of the United States, between the Atlantic Coast and the Appalachian Mountains. The geography and climate of the Commonwealth ar ...
(13th).
References
{{Economy of the United States by jurisdiction