Business Climate
If you’re looking for a business location that inspires innovation, fosters collaboration between the public and private sectors and has a low cost of doing business, look no further than Moore County. We have an environment where your new or existing business can thrive in a strong and diverse economy.
Tax Snapshot & Wages
Moore County has the lowest real & personal (R&P) property tax rate in the 10-county region. Of the 44 states that levy a corporate income tax, NC has the lowest rate (which is scheduled to be eliminated entirely in 2030). Incorporated municipalities also levy R&P property taxes.
Taxes
Moore County R&P property
tax rate (per $100)
NC corporate income
tax rate
NC personal income
tax rate
State & local sales
tax rate
Wages
Average private-sector weekly wage (Q3 2023)
-
Innovation
In Moore County, you’ll find people working together to develop and implement new business ideas that create value. As a Certified Entrepreneurial Community®, we’ve been recognized as having the resources and ecosystem necessary to launch new businesses and support business growth. New products and services are developed here in a creative environment that fosters idea generation. We have a strong group of leaders looking to work with other innovators to advance their fields.
-
Collaboration
Businesses large and small work seamlessly with one another and the public sector to foster business success. You’ll often find business and community leaders working side by side to pursue opportunities and address local challenges. With such a strong and supportive environment, it’s no wonder so many businesses grow and prosper here.
Elected officials and staff of Pinehurst, Southern Pines, and Aberdeen meet regularly as a Tri-Cities group to discuss and address broad community issues, ranging from transportation to other public services and needs.
At MCEDP, we collaborate with several state and regional partner organizations on a routine basis, including the Economic Development Partnership of NC, the NC’s Southeast and the NC Department of Commerce. We also work closely with local partners like Moore County Schools, Sandhills Community College and the Moore County Chamber of Commerce.
Get More Information
To learn more about all Moore County has to offer, contact us today.
Contact Us