Fortune 500 Headquarters in Charlotte region
No.
1
State for business in 2017
(Forbes, 2017)
291
• Bank of America
• Lowe’s
• Duke Energy
• Nucor
*Sealed Air is the largest corporate
headquarters relocation in Charlotte
history, in terms of jobs and investment
(Charlotte Observer, 2014)
• Sonic Automotive
• Sealed Air*
No.
1
City millenials are moving to
(U.S. Census Bureau, 2017)
No.
1
Most up and coming cities
in America
(Time Magazine, 2017)
No.
1
Destination for most one-way
moving truck rentals
(U-Haul, 2016)
Fortune 500 companies
have locations in Charlotte
(Charlotte Chamber)
One of the lowest costs of business than any
other major U.S. metropolitan area
When it comes to cost of doing business, you can’t get much more affordable
than Charlotte in comparison to other major metropolitan areas, thanks to the
region’s business-friendly tax approach. The largest corporate expenses, labor
and rent, are well below other major markets, making the region an attractive
place to expand or relocate major operations.
Charlotte was named #5 Top Metro for starting a business in America, beating
out Raleigh, NC; Dallas, TX; and Atlanta, GA. The unemployment rate in Charlotte
(4.4%) is below the national average, while the average salary is above that of
the national average - all good indicators of the cost of doing business.
Cost of Doing Business
Charlotte
86
Kansas City 89
Atlanta 90
Phoenix 93
Denver 94
Dallas 94
Chicago
99
Austin 101
Seattle 102
Philadelphia
105
Boston
120
New York
160
0
20
40
60
80
100
120
140
160
180
Source: Moody’s Cost of Doing Business Index
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