The majority of counties in North Carolina saw income gains after 2016, according to a new report written by the Pew Research Council.
In fact, that report notes that 94 of 100 counties in the state saw an increase in capita incomes between 2016 and 2018. But, six counties saw modest declines. Those were Sampson, Pender, Onslow, Jones, Tyrrell, and Allegheny counties.
The report indicates that the state’s economic growth over the past five years continues – and may be linked to recent conservative tax reforms, according to the Civitas Institute.
The counties with the highest per-capita income increases include Yancey, which saw 6.3 percent growth, Montgomery (6 percent), and Mecklenburg (5.7 percent). Wake County saw an increase of 3.3 percent.
Still, the Pew report showed that there is more that can be done to improve the state’s economy – like eliminating corporate income tax, and eliminating the unfair practice of doling out taxpayer handouts and privileges to politically-connected corporations.
Alerts Sign-up