{"id":10988,"date":"2024-03-06T16:56:39","date_gmt":"2024-03-06T21:56:39","guid":{"rendered":"https:\/\/ncbudget.org\/?p=10988"},"modified":"2024-03-07T11:12:11","modified_gmt":"2024-03-07T16:12:11","slug":"2024-economic-county-snapshots-for-north-carolina","status":"publish","type":"post","link":"https:\/\/ncbudget.org\/2024-economic-county-snapshots-for-north-carolina\/","title":{"rendered":"2024 Economic County Snapshots for North Carolina"},"content":{"rendered":"\n\n\t
The Economic County Snapshots are one of BTC’s flagship annual publications. They provide key economic and social indicators from publicly available sources for all 100 counties in North Carolina, along with a comparison to state-level data, with measures for employment, poverty and income, affordable housing, health, education, and more.<\/p>\n
The Snapshots are available for each county as an individual pdf that you can download here<\/a>, and through interactive maps and charts on this page that allow for easier comparisons across counties for many of the measures. If you’d like to download the numbers for your own use, the data is available in a Google spreadsheet here<\/a>, or you can download an Excel file here<\/a>. For detailed information about where the data comes from and any limitations, see our sources and methodology<\/a>.<\/p>\n If you have questions about the data, additional measures you’d like to see for your county, or ideas for how to put the Snapshots to use in your community, reach out at info@ncbudget.org<\/a>.<\/p>\n Navigate to a specific section of this page by clicking one of the links below.<\/p>\n\t Income – for individual people and for families – is one of the most foundational ways we experience the economy. No matter what we look like or where we come from, we all need to buy groceries for our families, pay our bills each month, and purchase clothes and school supplies for our children. Our Snapshots include data on household incomes along with average worker earnings, and they compare these to a Living Income Standard<\/a>, a measure of what it takes to pay for the basics that we all need. People drive the economy, and to ensure that workers receive a thriving income we need to come together to make sure the fruits of their labor don’t go to wealthy shareholders and CEOs.<\/a> State governments can step up to protect workers and to support family incomes so that communities – and state economies – thrive: 30 states have set a minimum wage higher than the federal minimum, and Michigan<\/a> made headlines for repealing its anti-union “right to work” law. Combined with public investments that keep necessities like child care and housing affordable, supporting workers can boost incomes to drive greater prosperity for the North Carolinians who power our economy.<\/p>\n \n Back to the Top\n <\/a>\n Our economy works best when every North Carolinian – Black, white, and brown – is empowered to reach their potential and contribute their talents to our communities. When some people are living in poverty, we know the economy isn’t working for everyone. Through its severe and negative impacts on health, education, and child development<\/a>, poverty blocks too many people in our state from flourishing. We include data on poverty rates by race because we know that Black, American Indian, and Latine North Carolinians are especially impacted by structural barriers that block access to high-wage jobs. Child poverty rates – which are significantly higher than overall rates – are another key indicator because poverty is especially harmful for children. Yet poverty in North Carolina is a policy choice<\/a>: Before lawmakers allowed it to expire, the pandemic-era federal Child Tax Credit slashed child poverty in our state by more than 40 percent<\/a>. It is within our power to demand policies that make poverty a thing of the past in North Carolina.<\/p>\n \n Back to the Top\n <\/a>\n In a strong state economy, every North Carolinian who seeks employment can secure a job that meets their family’s needs. High-quality jobs aren’t just about wages, but can give us a sense of purpose and meaning, while the labor of teachers, bus drivers, health professionals, early childhood educators, and so many others keep our communities going every day. The County Economic Snapshots include the unemployment rate, along with how the number of people working across the state has changed over time, both since the onset of the COVID pandemic and since the Great Recession, showing how job growth is increasingly concentrated in urban areas. As federal investments to tackle climate change and fund infrastructure flow to NC, our state has an enormous opportunity to ensure that the green jobs of the future are high-wage, high-quality, and accessible to North Carolinians who have been historically excluded from economic opportunity.<\/p>\n \n Back to the Top\n <\/a>\n Increased educational attainment is associated with higher earnings and employment rates, better health, and greater civic participation<\/a>. We all do better when every person in North Carolina can access excellent public education and high-quality postsecondary education or training to achieve their goals. The County Snapshots include high school graduation rates by race because tackling racial disparities is crucial for ensuring every child <\/em>gets the sound, basic education guaranteed in our state constitution. We also look at bachelor’s degrees and earnings by gender, revealing that while women in nearly every county are more likely to have completed college, substantial gaps in earnings persist for women and men with the same level of education. An economy for all requires state investments in public education like those outlined in the Leandro Plan<\/a>, in high-quality and affordable community colleges and universities, and in strengthening key systems like child care that drive economic opportunity for women.<\/p>\n \n Back to the Top\n <\/a>\n Everyone deserves a safe home for themself and their family where they can afford to pay their rent or mortgage without cutting back on other needs like healthy food or doctor’s visits. These data show that too many NC renters, due to a combination of lack of affordable housing and low incomes, are “cost-burdened,” spending more than 30 percent of their income on rent. We also include data on how many people face “severe rent burden,” meaning more than half their income goes to rent each month, and on what it would take to afford rent while earning the state minimum wage of $7.25 per hour. The National Low Income Housing Coalition<\/a> estimates that North Carolina has a shortage of over 200,000 rental homes that are accessible to extremely low-income renters. Our state has tools to meet this housing crisis head-on, from a Housing Trust Fund<\/a> that has successfully produced tens of thousands of units, to an emergency rental assistance program<\/a> that kept thousands of tenants housed during a public health crisis. Together, North Carolinians can demand our leaders invest public dollars in these proven tools.<\/p>\n \n Back to the Top\n <\/a>\n People drive our economy, so a healthy economy needs healthy people. The County Snapshots look at access to health care through insurance rates and the availability of mental health care providers. We also include data on rates of food assistance that helps people afford nourishing food, and on life expectancy, which we know is driven in part by economic security<\/a>. More than a decade after the implementation of the Affordable Care Act, North Carolina’s legislative leaders finally voted to expand access to Medicaid in 2023. For the 600,000 low-income residents<\/a> who were previously left uncovered, the expansion was long overdue. The estimated economic benefits of expansion<\/a> – reduced barriers to work, increased worker financial stability, and over $240 million annually in increased state and local tax revenues – underscore the link between people’s health and a thriving state economy.<\/p>\n \n Back to the Top\n <\/a>\n This information is organized in the order it appears on the individual county PDFs<\/a>. The maps and charts include information about data sources on the visualization where the data appears.<\/p>\n Much of the data we use in the County Economic Snapshots come from the U.S. Census Bureau’s American Community Survey (ACS). This ongoing survey releases data in December of every year for the previous year (for example, 2022 data was released in December 2023.) The ACS reports data for areas with a small population using a 5-year average, which is why 2018-2022 is shown as the time period for ACS data in the Snapshots. Some ACS estimates have high margins of error, because they are based on small sample sizes, and in some cases (discussed below) we exclude data with very high margins of error. In general, ACS data is less reliable for counties with smaller populations. You can learn more about the ACS here<\/a>.<\/p>\n The Economic County Snapshots are one of BTC’s flagship annual publications. They provide key economic and social indicators from publicly available sources for all 100 counties in North Carolina, along with a comparison to state-level data, with measures for employment, poverty and income, affordable housing, health, education, and more. The Snapshots are available for each…<\/p>\n","protected":false},"author":9,"featured_media":11106,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[103,114],"tags":[],"featured":[],"content_type":[111],"ppma_author":[73,89,28],"acf":[],"yoast_head":"\n\n
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\n\t\tIncome and the Ability to Afford the Basics\n\t<\/h2>\n\t
\n\t\tPoverty and Economic Hardship\n\t<\/h2>\n\t
\n\t\tEmployment\n\t<\/h2>\n\t
\n\t\tEducational Attainment\n\t<\/h2>\n\t
\n\t\tAccess to Affordable Housing\n\t<\/h2>\n\t
\n\t\tHealthy Lives and Communities\n\t<\/h2>\n\t
\n\t\tDownload your County Economic Snapshot\n\t<\/h2>\n\t\n\t\n \n Back to the Top\n <\/a>\n
\n\t\t2024 County Economic Snapshots Data Sources and Methodology Notes\n\t<\/h2>\n\t
Front Page of Economic County Snapshot<\/h3>\n
Population<\/h4>\n
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Rental affordability<\/h4>\n
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Health insurance<\/h4>\n
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Mental health providers<\/h4>\n
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Candidates per job opening<\/h4>\n
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Employment compared to pre-COVID-19 and pre-Great Recession<\/h4>\n
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People with low incomes (Below 200% of the poverty level)<\/h4>\n
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Incomes of the richest 5% of households compared to the poorest 20% of households<\/h4>\n
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Back Page of Economic County Snapshot<\/h3>\n
Table 1: Poverty and Economic Hardship<\/h4>\n
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Table 2: Employment<\/h4>\n
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Table 3: Educational Attainment<\/h4>\n
High school graduation<\/em><\/h5>\n
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College degrees<\/em><\/h5>\n
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Table 4: Income and Ability to Afford the Basics<\/h4>\n
Living Income Standard<\/em><\/h5>\n
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Median earnings and <\/em>income<\/em><\/h5>\n
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Table 5: Access to Affordable Housing<\/h4>\n
Rent burden<\/em><\/h5>\n
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Fair market rent<\/em><\/h5>\n
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Table 6: Healthy Lives and Communities<\/h4>\n
Health insurance<\/em><\/h5>\n
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Life expectancy<\/em><\/h5>\n
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Mental health providers<\/em><\/h5>\n
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Food assistance<\/em><\/h5>\n
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