NC
Cabarrus County Economic Development Ryan McDaniels, Director of Economic Development 3003 Dale Earnhardt Blvd. • Kannapolis, NC 28083 704-782-4000 phone • 704-782-4050 fax rmcdaniels@cabarrus.biz www.cabarrusedc.com
P O P U L AT I O N Largest City: Concord • Population: 65,180 • Total County Population: 159,612 Year Total Population Median Age 2000 . . . . . . . . . . . . . . . . . . . . .131,063 . . . . . . . . . . . . . . . . .35.4 2007 . . . . . . . . . . . . . . . . . . . . .159,612 . . . . . . . . . . . . . . . . .37.4 2012 . . . . . . . . . . . . . . . . . . . . .181,772 . . . . . . . . . . . . . . . . .38.7 2007-2012 Percentage Growth Rate . . . . . . . . . . . . . . . . . .13.9% ESRI 2007
EMPLOYMENT BY INDUSTRY Industry (NAICS) % Population Employees 16+ Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .38.3% Manufacturing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .13.5% Retail Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .12.8% Construction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .10.1% Finance/Insurance/Real Estate . . . . . . . . . . . . . . . . . . . . . . . .8.3% Transportation/Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5.8% Wholesale Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5.1% Public Administration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2.8% Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2.6% Agriculture/Mining . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .0.6% Total Employed Population 16+ . . . . . . . . . . . . . . . . . . . . .76,762
CABARRUS COUNTY LEAKAGE/SURPLUS FACTOR BY INDUSTRY SUBSECTOR Motor Vehicle & Parts Dealers
Retail Sales -10.9
$523,949,054
Furniture & Home Furnishings Stores
23.6
Electronics & Appliance Stores
41.6
Bldg. Materials, Garden Equip. & Supply Stores
$64,128,194 16.7
Sporting Goods, Hobby, Book & Music Stores
$133,719,681 9.3
ESRI 2007
$133,097,802
-14.7
$34,434,026 14.0
Company (non-governmental)
Employees
$28,215,148
Philip Morris USA. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,600
43.6
Food Services & Drinking Places
$6,120,350
6.7
-100 -80 -60 -40 -20
Carolinas Medical Center Northeast . . . . . . . . . . . . . . . . . . 4,200
$194,603,315
-0.1
Nonstore Retailers
LARGEST EMPLOYERS
$172,924,299
-15.5
General Merchandise Store Miscellaneous Store Retailers
$166,831,863
-29.1
Gasoline Stations Clothing & Clothing Accessories Stores
$14,949,010
-1.6
Food & Beverage Stores Health & Personal Care Stores
$33,723,641
0
$202,934,867
20 40 60
<--Surplus—Leakage-->
80 100
L/S Factor
© ESRI 2007
Pass & Seymour. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 680 Windstream. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 631
CABARRUS COUNTY MEDIAN HOUSEHOLD INCOME
Shoe Show. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 625 Cabarrus County 2007
L A B O R PA R T I C I PAT I O N 2007 Civilian Population 16+ in Labor Force . . . . . . . . . . . . . . . 81,318 Employed Civilian Population 16+ . . . . . . . . . . . . . . . . . . . 76,762 Unemployment Rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.6% ESRI 2007
W O R K F O R C E E D U C AT I O N Number % Work Force 25+ Less Than 9th Grade . . . . . . . . . .5,082 . . . . . . . . . . . . . . . .5.0% 9th to 12th Grade, No Diploma 10,796 . . . . . . . . . . . . . . .10.6% High School Graduate . . . . . . . .32,467 . . . . . . . . . . . . . . .31.9% Some College, No Degree . . . . .20,877 . . . . . . . . . . . . . . .20.5% Associate Degree . . . . . . . . . . . .10,373 . . . . . . . . . . . . . . .10.2% Bachelor's Degree . . . . . . . . . . .15,131 . . . . . . . . . . . . . . .14.9% Master's/Prof/Doctorate Degree .7,083 . . . . . . . . . . . . . . . .7.0% Total Population 25+ . . . . . . . . . . . . . . . . . . . . . . . . . . . . .101,809 American Community Survey 2006
Per U.S. Census Block Group
INCOME
$24,881-$36,320
Year Median Household Per Capita 2000 . . . . . . . . . . . . . . . . . . . . .$46,166 . . . . . . . . . . . . . .$21,122 2007 . . . . . . . . . . . . . . . . . . . . .$58,493 . . . . . . . . . . . . . .$27,320 2012 . . . . . . . . . . . . . . . . . . . . .$67,446 . . . . . . . . . . . . . .$32,709 ESRI 2007
Charlotte Regional Economic Development Guide 2008
$36,321-$48,804 $48,805-$59,822 $59,823-$74,060 © ESRI 2007
$74,061-$92,825
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