A Thriving Hub for Real Estate Investment!
North Carolina offers a unique and lucrative opportunity for real estate investors, combining strong economic growth, a booming population, and a high quality of life. Here are key reasons why you should consider investing in North Carolina:
Robust Economic Growth
⦿ GDP Growth: 2.5% annually
⦿ Job Growth: 3.1% year-over-year
High Quality of Life
⦿ Cost of Living: 5% below national average
⦿ Top Healthcare & Education: Renowned hospitals and universities
Population Growth and Urbanization
⦿ Population Increase: 9.5% (2010-2020)
⦿ Urban Growth: Charlotte +15%, Raleigh +18%
Strong Rental Market
⦿ Occupancy Rates: Above 95%
⦿ Rent Growth: 4% annually
Favorable Business Climate
⦿ Business Ranking: 3rd in Forbes’ Best States for Business 2023
⦿ Corporate Tax: Lowest in the U.S. at 2.5%
Strategic Location
⦿ Transportation: 3 international airports, 7th in highway connectivity
⦿ Exports: $34 billion annually
Educational Institutions and Research
⦿ University Enrollment: 500,000+ students
⦿ Research Funding: $2 billion annually
Affordable Investment Opportunities
⦿ Median Home Price: $275,000 (National median: $350,000)
⦿ Development Costs: 10-15% lower than neighboring states