Washington, District of Columbia 2021-12-01 13:39:39 –
Beaufort County retained its Tier 2 designation in the North Carolina Department of Commerce’s Annual County Distress Rankings released Tuesday.
Designation is mandated by state law and plays a role in several programs that support economic development. This designation determines the eligibility and guidelines for several different grant programs managed by the Department of Commerce, including the One North Carolina Fund, Building Reuse, Water and Sewerage Infrastructure, and Downtown Revitalization Main Street Program.
The 40 most suffering counties are designated as Tier 1, the next 40 are designated as Tier 2, and the 20 least suffering counties are designated as Tier 3. Base per person.
Eleven counties changed their tier designations in 2022. The counties of Alexander, Brunswick, Bancom, New Hanover, Randolph, and Rowan have moved to the less painful tier rankings. The Chowan, Jones, Macon, Polk, and Watauga counties have moved to the more distressed Tier rankings.
According to the Ministry of Commerce, Beaufort County has an adjusted property tax base of $ 132,115 per capita for fiscal years 2021-22, ranking 67th out of 100 counties. From July 2017 to July 2020, the population growth rate was -2%. The average unemployment rate for the 12 months from October 2020 to September 2021 was 4.98%. The economic distress ranks of Beaufort County are 47, with the most suffering county at number one and the least suffering county at 100th.
Beaufort remains a Tier 2 county – Washington Daily News Source link Beaufort remains a Tier 2 county – Washington Daily News