North Carolina Economic Development Guide

2014

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Warren Granville Alamance Burlington Orange Chapel Hill 40 421 Durham Bertie 17 Rocky Mount 64 Wake 64 RALEIGH Cary Chatham 64 Chowan Franklin Nash Greensboro 85 95 Durham 70 Edgecombe 64 Johnston 70 Wilson Lee 40 Beaufort 421 Goldsboro 17 70 Harnett Moore Beaufort Kinston Pinehurst 95 New Bern Ocracoke Pamlico Jones Sampson Richmond Hatteras Craven Lenoir Fayetteville 220 Hyde Greene Wayne 73 Dare Pitt Greenville Sanford Tyrrell Martin Randolph Montgomery Washington Wilson Asheboro 74 Camden Currituck Pasquotank Perquimans Elizabeth City Hertford Vance 85 Guilford 17 Halifax Person Caswell Gates Northampton Rockingham Hoke Cumberland Craven Duplin Scotland 17 Onslow Robeson 70 95 Carteret 70 40 Jacksonville Bladen Lumberton Morehead City 421 Pender 74 LEGEND 74 Columbus New Hanover Wilmington Brunswick 17 MAJOR RAILROADS Capital Major cities North Carolina Railroad CSX Norfolk Southern Largest airports Foreign trade zones Major ferry routes MAJOR ROADS Interstate highways U.S. highways Blue Ridge Parkway TIERED TAX CREDITS North Carolina ranks the economic health of its 100 counties every year and assigns each to one of three tiers. Companies that invest in any of the 40 Tier 1 counties, which are the poorest in the state, are eligible for tax credits up to $12,500 per job once at least five are created, 7% of investments in business property and 30% of the expense for real property. Lesser incentives are available in Tier 2 and Tier 3 counties. 2013 DESIGNATIONS Tier 1 Tier 2 Tier 3 Sources: N.C. Department of Commerce, North Carolina Railroad, The North Carolina Atlas N ORT H C A R OL I N A E CON OMI C D E V E LO P M E N T GU I D E 57

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