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Economic Statistics

Alamance County is centrally located in North Carolina, linking the Research Triangle and the Piedmont Triad metro regions. This location, combined with excellent transportation infrastructure and a business-friendly atmosphere, creates exceptional opportunities for expanding and relocating companies.

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Demographics

Alamance  County connects the metro regions of the Research Triangle and the Piedmont triad. This proximity expands the reach of the county and adds to its diversity, workforce and amenities. Want more information? Download the Alamance County Demographic infographic Here

Taxes

Alamance County Tax Rates
Alamance County’s combined tax rates historically fall below those of its surrounding metro areas. County wide tax rate is combined with the municipality tax rate for the total property tax rate. Rates are per $100 valuation.

Cost of Living

Alamance County has a historically low cost of living index compared to the national average. The Cost of Living Index formerly the ACCRA, measures regional differences in the cost of consumer goods and services, excluding taxes and non-consumer expenditures, for professional and managerial households in the top income quintile. The index is based on a national index of 100 and is calculated on a quarterly basis.

Relocating to Alamance County? For help comparing the Cost of Living Index in our county to your current city of metro region please contact Julia Huneycuttjulia@alamancechamber.com

Workforce

Alamance County’s unique location allows local companies to utilize not only the local labor supply for their employment needs, but to draw from the Research Triangle Park and Piedmont Triad regions as well. The county and surrounding area also offer an impressive mix of world class universities and industry-focused community colleges.  Want more details? Download the Alamance County Workforce and Training infographic Here

Income

 Alamance county’s per capita income and median household income fall just below the North Carolina average.  Median household income is the amount that divides the income distribution into two equal groups, with half above the median amount and half below. Per capita income is calculated by taking the measure of all sources of income in the area and dividing it by the total population.

  • Alamance County Median Household Income- $41,814
    Source: 2011-2015 American Community Survey
  • Alamance County Per Capita Income- $23,434
    Source: 2011-2015 American Community Survey, US Census Bureau, 2014