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#12

North Carolina

β€œThe Tar Heel State”

Admitted: November 21, 1789
Capital: Raleigh
10.8M people
$708.5B GDP

What Makes North Carolina Beautiful

North Carolina spans from the misty peaks of the Great Smoky Mountains and the Blue Ridge Parkway's scenic splendor to the windswept Outer Banks barrier islands where the Wright brothers first flew. Cascading waterfalls hide in lush Appalachian forests, while Bald Head Island's maritime forests and Cape Hatteras's wild shores beckon.

Great Smoky MountainsBlue Ridge ParkwayOuter BanksChimney RockLinville Gorge

Key Metrics

10.8M

Population

$708.5B

GDP

+7.5%

GDP Growth (5yr)

$66.2K

Median Income

8.6%

Tax Burden

History

1587

Roanoke Colony, the Lost Colony, established on the Outer Banks

1789

Ratifies the Constitution as the 12th state

1903

Wright brothers achieve first powered flight at Kitty Hawk

1960

Greensboro sit-ins spark the nationwide civil rights sit-in movement

1959

Research Triangle Park established, transforming the state's economy

Top Cities

#1

Charlotte

900K

Largest city; major banking center; NASCAR hub

#2

Raleigh

475K

State capital; Research Triangle; tech boom

#3

Greensboro

300K

Triad city; sit-in movement birthplace

#4

Durham

285K

Duke University; Research Triangle Park

#5

Winston-Salem

252K

Wake Forest University; arts and innovation district

Economy & Industry

Core Industries

TechnologyBankingAgriculturePharmaceuticalsTourismMilitary

Natural Resources

PhosphateLithiumFeldsparMica

Energy Portfolio

Natural Gas
37%
Nuclear
32%
Coal
8%
Hydro
4%
Solar
10%
Other Renew.
9%

Budget & Fiscal Health

$62.5B

State Budget

$61.2B

State Revenue

$-1.3B

Fiscal Balance

Social Indicators

12.9%

Poverty Rate

33.4%

College Degree

9.3%

Uninsured

372/100K

Crime Rate

Where is North Carolina Headed?

GDP Projections ($B)

Scenario1yr5yr10yr25yr50yr
Optimistic$722B$780B$859B$1148B$1861B
Baseline$719B$763B$822B$1028B$1492B
Pessimistic$715B$741B$775B$886B$1109B

Political Landscape

D
R

R+3

Data timestamp: 2025-Q1 Β· Sources: U.S. Census Bureau, BEA, EIA, FBI UCR