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North Carolina Ranks as one of the Top States For Business

05.21.2025 Mara McJilton and Megan Mullins

North Carolina ranks number two in the U.S. for Best Business Climate.

Why NC?

Whether your business has roots in North Carolina or you want to relocate your business here, North Carolina is primed for you to succeed. Ranked the number three state for workforce with four international airports and two seaports, making travel and business easy.

Build and Run a Business for Less

Building and expanding your business is more economical here with commercial construction and electricity costs well below the national average. And North Carolina ranks 3rd in the nation for least expensive water rates.

Low Taxes and Going Lower

At 2.25%, North Carolina has the nation’s most competitive corporate income tax. By 2030, it will drop to 0%. Combined with a flat income tax and low property and sales tax rates statewide, your company can work towards a strong bottom line.

An Economy That Rises Above The Rest

North Carolina‘s population and job growth far outpace the national average, and our GDP hit a historic high of approximately $760B in 2022. The economic forecast shows growth in every major industry category through the next five years.

 

Read more here: https://edpnc.com/why-nc/low-cost-of-doing-business/

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