Community Profile - LoopNet...United States $52,018 $28,546 . Employment By Industry . Industry ....

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Updated June 2016 * Alamance Area consists of Alamance, Caswell, Chatham, Davidson, Durham, Forsyth, Guilford, Orange, Person, Randolph, Rockingham & Wake counties. Geography Alamance County is centrally located in North Carolina linking the Research Triangle Region and the Piedmont Triad Region. This gateway location provides access to North Carolina’s most desired amenities. Midway between the Atlantic Coast and the Blue Ridge Mountains, Alamance County covers 435 square miles of metropolitan areas, small towns and rural areas. Labor Force 2014 Alamance Alamance Annual Average County Area* Total Labor Force 76,272 1,487,508 Employed 71,999 1,406,102 Unemployment Rate 5.6% 5.5% Major Employers Company Employees Alamance-Burlington School System 3,329 Laboratory Corp of America 2,903 Alamance Regional Medical Center 2,240 Elon University 1,403 Wal-Mart Stores Inc. 1,000 Alamance County 956 City of Burlington 806 GKN Driveline North America 800 Alamance Community College 652 Honda Power Equipment Mfg 600 Glen Raven 500 Population 2010 Est. 2014 Growth Alamance County 151,219 155,789 2.9% Alamance Area* 2,819,958 2,981,503 5.4% July 2014 Municipal Population Estimate Burlington 51,396 Gibsonville 6,703 Graham 14,177 Green Level 2,074 Mebane 12,136 Haw River 2,311 Elon 9,769 Swepsonville 1,190 Demographics Female Male 2014 Population Estimate 52% 48% 2014 Median Age 40 37.6 2014 Median Age of Total Population 38.9 2014 Income Median Household Per Capita Alamance County $42,152 $22,944 North Carolina $45,442 $25,641 United States $52,018 $28,546 Employment By Industry Industry Alamance County, NC Community Profile

Transcript of Community Profile - LoopNet...United States $52,018 $28,546 . Employment By Industry . Industry ....

Page 1: Community Profile - LoopNet...United States $52,018 $28,546 . Employment By Industry . Industry . Community Profile . ... healthcare with 238 beds and 1500 employees in facilities

Updated June 2016 * Alamance Area consists of Alamance, Caswell, Chatham, Davidson, Durham, Forsyth, Guilford, Orange, Person, Randolph, Rockingham & Wake counties.

Geography

Alamance County is centrally located in North Carolina linking the Research Triangle Region and the Piedmont Triad Region. This gateway location provides access to North Carolina’s most desired amenities. Midway between the Atlantic Coast and the Blue Ridge Mountains, Alamance County covers 435 square miles of metropolitan areas, small towns and rural areas. Labor Force

2014 Alamance Alamance Annual Average County Area* Total Labor Force 76,272 1,487,508 Employed 71,999 1,406,102 Unemployment Rate 5.6% 5.5% Major Employers

Company Employees Alamance-Burlington School System 3,329 Laboratory Corp of America 2,903 Alamance Regional Medical Center 2,240 Elon University 1,403 Wal-Mart Stores Inc. 1,000 Alamance County 956 City of Burlington 806 GKN Driveline North America 800 Alamance Community College 652 Honda Power Equipment Mfg 600 Glen Raven 500

Population

2010 Est. 2014 Growth Alamance County 151,219 155,789 2.9% Alamance Area* 2,819,958 2,981,503 5.4% July 2014 Municipal Population Estimate Burlington 51,396 Gibsonville 6,703 Graham 14,177 Green Level 2,074 Mebane 12,136 Haw River 2,311 Elon 9,769 Swepsonville 1,190 Demographics

Female Male 2014 Population Estimate 52% 48% 2014 Median Age 40 37.6 2014 Median Age of Total Population 38.9 2014 Income Median Household Per Capita Alamance County $42,152 $22,944 North Carolina $45,442 $25,641 United States $52,018 $28,546 Employment By Industry

Industry

Alamance County, NC Community Profile

Page 2: Community Profile - LoopNet...United States $52,018 $28,546 . Employment By Industry . Industry . Community Profile . ... healthcare with 238 beds and 1500 employees in facilities

Updated June 2016 * Alamance Area consists of Alamance, Caswell, Chatham, Davidson, Durham, Forsyth, Guilford, Orange, Person, Randolph, Rockingham & Wake counties.

Housing

Transportation Alamance County has two major Interstates: 85 (N/S) and 40 (E/W) that run concurrently through the county linking Alamance County to major destinations. Interstates 95 and 77 are approximately 90 miles away. Ports The modern, deep-water ports of Wilmington, Morehead City and Charleston provide shipping service to Alamance County along with two inland ports located in neighboring Greensboro and Charlotte. Rail North Carolina is the hub of an East Coast rail network with 3,600 miles of track throughout the state. Norfolk Southern Railway and Amtrak provide service to Alamance County.

Commercial Airports Alamance County is served by two commercial airports within a 45 minute drive. Piedmont Triad International Airport has 61 daily flights. Raleigh Durham International Airport has 270 daily flights. Daily Non-stop flights service over 40 locations including London and Toronto. Air Cargo Air Cargo service is provided by 10 air cargo carriers. Piedmont Triad International is the site of a FedEx Mid-Atlantic sorting hub. Local Airport Burlington-Alamance Regional Airport (BUY) offers a lighted runway with ILS, FBO, Rental Car and Hangars. The runway is 6400’ and can manage arriving and departing planes as large as 737’s.

Education Alamance County Schools # Schools # Students Public Schools 35 22,500 Charter Schools 3 1,162 Private Schools 7 1,269 Higher Education Alamance County is home to Elon University, a nationally ranked four year liberal arts college and Alamance Community College (ACC). Elon has 49 majors including masters-level education for its nearly 5,000 full-time students. ACC has 46 programs of study offering a variety of certificates and associates degrees for its 4,400 full-time students. Alamance has 22 universities and 10 community colleges within an hour’s drive including numerous prominent schools such as Duke University and UNC. There are a total of 140,700 full-time university students and 53,700 community college students in the area. Healthcare Cone Health, Alamance Regional, provides excellent healthcare with 238 beds and 1500 employees in facilities located throughout Alamance County. Recently the center was named one of the nation’s best hospitals for treating heart attacks. Regionally, there are 20 hospitals in a 45 minute drive including the world renowned Duke University Medical Center and Wake Forest/Baptist Medical Center. In all, there are over 8600 hospital beds in the area. Housing

Alamance County offers a variety of housing including historical, suburban and lakeside homes. In 2014, 1,352 houses were listed for sale with an average sale price of $151,627. The 2014 median house value of existing homes was $123,200. Alamance County residential market has slowed with the national economy. 358 single family homes were permitted in 2014; 456 in 2013 and 330 in 2012. Taxes 2015-16 Property Tax Rates Per $100 valuation Alamance County $0.58 Burlington (City & County) $1.16 Elon (City & County $1.00 Graham (City & County) $1.04 Mebane (City & County) $1.07 Sales tax State sales tax 4.75% Local sales tax 2% Local lodging tax 3% Quality of Life Alamance County features recreational parks, historic battlefields, arts/entertainment, one of the oldest Dentzel carousels still in operation, and much more. There is a variety of shopping choices with everything from specialty shops, antique malls and art galleries to malls and outlet stores. A diverse array of dining options exists including fine dining, casual dining, ethnic foods and great North Carolina Barbeque.

Page 3: Community Profile - LoopNet...United States $52,018 $28,546 . Employment By Industry . Industry . Community Profile . ... healthcare with 238 beds and 1500 employees in facilities

Updated September 2015 * Alamance Area consists of Alamance, Caswell, Chatham, Davidson, Durham, Forsyth, Guilford, Orange, Person, Randolph, Rockingham & Wake counties.

Geography

Alamance County is centrally located in North Carolina linking the Research Triangle Region and the Piedmont Triad Region. This gateway location provides access to North Carolina’s most desired amenities. Midway between the Atlantic Coast and the Blue Ridge Mountains, Alamance County covers 435 square miles of metropolitan areas, small towns and rural areas. Labor Force

2014 Alamance Alamance Annual Average County Area* Total Labor Force 76,272 1,487,508 Employed 71,999 1,406,102 Unemployment Rate 5.6% 5.5% Major Employers

Company Employees Alamance-Burlington School System 3,329 Laboratory Corp of America 2,500 Alamance Regional Medical Center 2,240 Elon University 1,403 Wal-Mart Stores Inc. 1,000 Alamance County 956 City of Burlington 806 GKN Driveline North America 800 Alamance Community College 652 Honda Power Equipment Mfg 600 Glen Raven 500

Population

2010 2013 Growth Alamance County 151,219 153,595 1.58% Alamance Area* 2,819,958 2,941,089 4.3% July 2013 Municipal Population Burlington 51,396 Gibsonville 6,703 Graham 14,177 Green Level 2,074 Mebane 12,136 Haw River 2,311 Elon 9,769 Swepsonville 1,190 Demographics

Female Male 2013 Population Estimate 52% 48% 2013 Median Age 40 37.6 2013 Median Age of Total Population 38.9 2013 Income Median Household Per Capita Alamance County $42,152 $22,944 North Carolina $45,442 $25,641 United States $52,018 $28,546

Employment By Industry

Industry

Alamance County, NC Community Profile

Page 4: Community Profile - LoopNet...United States $52,018 $28,546 . Employment By Industry . Industry . Community Profile . ... healthcare with 238 beds and 1500 employees in facilities

Updated September 2015 * Alamance Area consists of Alamance, Caswell, Chatham, Davidson, Durham, Forsyth, Guilford, Orange, Person, Randolph, Rockingham & Wake counties.

Transportation Alamance County has two major Interstates: 85 (N/S) and 40 (E/W) that run concurrently through the county linking Alamance County to major destinations. Interstates 95 and 77 are approximately 90 miles away.

Ports The modern, deep-water ports of Wilmington, Morehead City and Charleston provide shipping service to Alamance County along with two inland ports located in neighboring Greensboro and Charlotte. Rail North Carolina is the hub of an East Coast rail network with 3,600 miles of track throughout the state. Norfolk Southern Railway and Amtrak provide service to Alamance County.

Commercial Airports Alamance County is served by two commercial airports within a 45 minute drive. Piedmont Triad International Airport has 61 daily flights. Raleigh Durham International Airport has 270 daily flights. Daily Non-stop flights service over 40 locations including London and Toronto. Air Cargo Air Cargo service is provided by 10 air cargo carriers. Piedmont Triad International is the site of a FedEx Mid-Atlantic sorting hub. Local Airport Burlington-Alamance Regional Airport (BUY) offers a lighted runway with ILS, FBO, Rental Car and Hangars. The runway is 6400’ and can manage arriving and departing planes as large as 737’s.

Education Alamance County Schools # Schools # Students Public Schools 35 22,500 Charter Schools 3 1,162 Private Schools 7 1,269 Higher Education Alamance County is home to Elon University, a nationally ranked four year liberal arts college and Alamance Community College (ACC). Elon has 49 majors including masters-level education for its nearly 5,000 full-time students. ACC has 46 programs of study offering a variety of certificates and associates degrees for its 4,400 full-time students. Alamance has 22 universities and 10 community colleges within an hour’s drive including numerous prominent schools such as Duke University and UNC. There are a total of 140,700 full-time university students and 53,700 community college students in the area. Healthcare Cone Health, Alamance Regional, provides excellent healthcare with 238 beds and 1500 employees in facilities located throughout Alamance County. Recently the center was named one of the nation’s best hospitals for treating heart attacks. Regionally, there are 20 hospitals in a 45 minute drive including the world renowned Duke University Medical Center and Wake Forest/Baptist Medical Center. In all, there are over 8600 hospital beds in the area.

Housing Alamance County offers a variety of housing including historical, suburban and lakeside homes. In 2014, 1,352 houses were listed for sale with an average sale price of $151,627. The 2014 median house value of existing homes was $123,200. Alamance County residential market has slowed with the national economy. 358 single family homes were permitted in 2014; 456 in 2013 and 330 in 2012. Taxes 2014-15 Property Tax Rates Per $100 valuation Alamance County $0.53 Burlington (City & County) .$1.11 Elon (City & County $.95 Graham (City & County) $.985 Mebane (City & County) $1.02 Sales tax State sales tax 4.75% Local sales tax 2% Local lodging tax 3% Quality of Life Alamance County features recreational parks, historic battlefields, arts/entertainment, one of the oldest Dentzel carousels still in operation, and much more. There is a variety of shopping choices with everything from specialty shops, antique malls and art galleries to malls and outlet stores. A diverse array of dining options exists including fine dining, casual dining, ethnic foods and great North Carolina Barbeque.

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Market AnalysisSeptember 11, 2015

Overview map showing the requested area(s):County; Alamance

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Market AnalysisSeptember 11, 2015

Complete Demographic Summary Report for County, Alamance:

Population DemographicsPercent Change

2000 Census

2010 Census

2015A Estimates

2020 Projections

2000 to 2010

2015 to 2020

Total Population 130,813 151,132 153,959 162,119 15.5% 5.3%Population Density (Pop/Sq Mi) 300.74 372.33 353.96 372.72 23.8% 5.3%

Total Households 51,595 59,959 61,136 64,852 16.2% 6.1%

Population by Gender:Male 63,066 48.2% 71,890 47.6% 73,454 47.7% 77,526 47.8% 14.0% 5.5%Female 67,748 51.8% 79,241 52.4% 80,504 52.3% 84,592 52.2% 17.0% 5.1%

Population by Race/Ethnicity

2000 2010 2015A 2020 Percent Change

Census % Census % Estimates % Projections % 2000 to 2010

2015 to 2020

White 98,705 75.5% 107,421 71.1% 107,364 69.7% 111,048 68.5% 8.8% 3.4%Black 24,322 18.6% 28,369 18.8% 29,165 18.9% 30,800 19.0% 16.6% 5.6%American Indian or Alaska Native

723 0.6% 1,020 0.7% 1,101 0.7% 1,187 0.7% 41.1% 7.8%

Asian/Native Hawaiian/Other Pacific Islander

1,198 0.9% 1,895 1.3% 2,397 1.6% 2,952 1.8% 58.2% 23.2%

Some Other Race 4,252 3.3% 9,291 6.1% 10,507 6.8% 12,000 7.4% 118.5% 14.2%Two or More Races 1,613 1.2% 3,136 2.1% 3,425 2.2% 4,132 2.6% 94.4% 20.6%Hispanic Ethnicity 8,757 6.7% 16,639 11.0% 18,810 12.2% 21,479 13.3% 90.0% 14.2%Not Hispanic or Latino 122,056 93.3% 134,493 89.0% 135,149 87.8% 140,640 86.8% 10.2% 4.1%

Population by Age

2000 2010 2015A 2020 Percent Change

Census % Census % Estimates % Projections % 2000 to 2010

2015 to 2020

0 to 4 8,434 6.5% 9,524 6.3% 9,071 5.9% 9,435 5.8% 12.9% 4.0%5 to 14 17,939 13.7% 19,897 13.2% 20,265 13.2% 20,255 12.5% 10.9% 0.0%15 to 19 8,820 6.7% 11,100 7.3% 11,113 7.2% 11,362 7.0% 25.9% 2.2%20 to 24 8,834 6.8% 10,882 7.2% 10,907 7.1% 11,311 7.0% 23.2% 3.7%25 to 34 18,599 14.2% 17,164 11.4% 17,696 11.5% 19,428 12.0% -7.7% 9.8%35 to 44 20,635 15.8% 20,676 13.7% 19,891 12.9% 19,750 12.2% 0.2% -0.7%45 to 54 17,157 13.1% 21,891 14.5% 21,951 14.3% 21,636 13.3% 27.6% -1.4%55 to 64 11,944 9.1% 17,916 11.9% 19,058 12.4% 20,839 12.9% 50.0% 9.3%65 to 74 9,951 7.6% 11,428 7.6% 13,087 8.5% 15,983 9.9% 14.8% 22.1%75 to 84 6,400 4.9% 7,462 4.9% 7,485 4.9% 8,524 5.3% 16.6% 13.9%

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Market AnalysisSeptember 11, 2015

2000 2010 2015A 2020 Percent Change

Census % Census % Estimates % Projections % 2000 to 2010

2015 to 2020

85+ 2,099 1.6% 3,191 2.1% 3,434 2.2% 3,595 2.2% 52.0% 4.7%Median Age:Total Population 36.4 38.6 39.4 40.0

Households by Income

2000 2010 2015A 2020 Percent Change

Census % Census % Estimates % Projections % 2000 to 2010

2015 to 2020

$0 - $15,000 8,350 16.2% 8,538 14.2% 9,472 15.5% 8,460 13.0% 2.3% -10.7%$15,000 - $24,999 7,447 14.4% 8,007 13.4% 8,815 14.4% 8,360 12.9% 7.5% -5.2%$25,000 - $34,999 7,379 14.3% 7,277 12.1% 7,650 12.5% 7,364 11.4% -1.4% -3.7%$35,000 - $49,999 9,451 18.3% 9,569 16.0% 9,212 15.1% 8,991 13.9% 1.2% -2.4%$50,000 - $74,999 10,698 20.7% 11,796 19.7% 11,464 18.8% 13,199 20.4% 10.3% 15.1%$75,000 - $99,999 4,569 8.9% 7,285 12.2% 6,963 11.4% 8,237 12.7% 59.4% 18.3%$100,000 - $149,999 2,604 5.0% 5,280 8.8% 5,166 8.4% 6,989 10.8% 102.8% 35.3%$150,000 + 1,227 2.4% 2,208 3.7% 2,395 3.9% 3,253 5.0% 79.9% 35.8%Average Hhld Income $48,597 $58,773 $57,527 $64,727 20.9% 12.5%Median Hhld Income $39,166 $44,812 $42,661 $48,777 14.4% 14.3%Per Capita Income $19,168 $23,662 $23,177 $26,208 23.4% 13.1%

Employment

Percent Change2000

Census % 2010 Census % 2015A

Estimates % 2020 Projections % 2000 to

20102015 to

2020Total Population 16+ 102,878 119,734 122,608 130,303 16.4% 8.8% Total Labor Force 68,404 66.5% 78,848 65.9% 74,408 60.7% 77,718 59.6% 15.3% 4.4% Civilian, Employed 64,919 94.9% 69,549 88.2% 69,231 93.0% 73,360 94.4% 7.1% 6.0% Civilian, Unemployed 3,468 5.1% 9,299 11.8% 5,177 7.0% 4,358 5.6% 168.1% -15.8%

In Armed Forces 16 0.0% 0 0.0% 0 0.0% 0 0.0% -100.0% N/A% Not In Labor Force 34,474 33.5% 40,885 34.2% 48,199 39.3% 52,584 40.4% 18.6% 9.1% % Blue Collar 29,156 44.9% 28,215 40.6% 28,535 41.2% 30,127 43.5% -3.2% 5.6% % White Collar 35,719 55.1% 41,334 59.4% 40,696 58.8% 43,233 62.4% 15.7% 6.2%

Housing Units

2000 2010 2015A 2020 Percent Change

Census % Census % Estimates % Projections % 2000 to 2010

2015 to 2020

Total Housing Units 55,474 66,575 67,604 71,930 20.0% 6.4% Total Occupied Housing Units

n/a n/a 59,959 90.1% 61,136 90.4% 64,852 90.2% n/a 6.1%

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Market AnalysisSeptember 11, 2015

2000 2010 2015A 2020 Percent Change

Census % Census % Estimates % Projections % 2000 to 2010

2015 to 2020

Owner Occupied:Owned with a mortgage or loan

n/a n/a 27,247 45.4% 26,505 43.4% 28,036 43.2% n/a 5.8%

Owner Occupied:Owned free and clear

n/a n/a 12,857 21.4% 14,219 23.3% 15,287 23.6% n/a 7.5%

Renter Occupied n/a n/a 19,856 33.1% 20,413 33.4% 21,530 33.2% n/a 5.5% Vacant 3,879 7.0% 6,616 9.9% 6,468 9.6% 7,078 9.8% 70.6% 9.4%

Vehicles Available

2000 2010 2015 2020 Percent Change

Census % Census % Estimates % Projections % 2000 to 2010

2015 to 2020

0 Vehicles Available 3,221 6.2% 4,510 7.5% 4,366 7.1% 4,525 7.0% 40.0% 3.6% 1 Vehicle Available 16,408 31.8% 18,673 31.1% 19,549 32.0% 20,782 32.0% 13.8% 6.3% 2+ Vehicles Available

31,966 62.0% 36,777 61.3% 37,222 60.9% 39,546 61.0% 15.1% 6.2%

Average Vehicles Per Household

1.70 2.04 2.02 2.01 17.6% -0.1%

Marital Status

2000 2010 2015A 2020 Percent Change

Census % Census % Estimates % Projections % 2000 to 2010

2015 to 2020

Married, Spouse Present

55,061 52.7% 57,070 46.9% 57,774 46.4% 61,079 46.1% 3.7% 5.7%

Married, Spouse Absent

6,331 6.1% 7,605 6.3% 6,516 5.2% 6,946 5.3% 20.1% 6.6%

Divorced 10,099 9.7% 14,810 12.2% 14,786 11.9% 15,823 12.0% 46.6% 7.0% Widowed 7,788 7.5% 8,849 7.3% 8,739 7.0% 9,237 7.0% 13.6% 5.7% Never Married 25,150 24.1% 33,376 27.4% 36,807 29.5% 39,343 29.7% 32.7% 6.9%Age 15+ Population 104,440 121,711 124,623 132,429 16.5% 6.3%

Educational Attainment

2000 2010 2015A 2020 Percent Change

Census % Census % Estimates % Projections % 2000 to 2010

2015 to 2020

Grade K - 8 6,689 7.7% 4,823 4.8% 4,930 4.8% 5,185 4.7% -27.9% 5.2% Grade 9 - 11 12,538 14.5% 12,267 12.3% 12,002 11.7% 12,640 11.5% -2.2% 5.3% High School Graduate

27,022 31.2% 28,959 29.0% 30,140 29.4% 32,193 29.3% 7.2% 6.8%

Some College, No Degree

16,227 18.7% 22,124 22.2% 23,086 22.5% 24,740 22.5% 36.3% 7.2%

Associates Degree 6,447 7.4% 9,245 9.3% 9,655 9.4% 10,419 9.5% 43.4% 7.9% Bachelor's Degree 11,994 13.9% 15,589 15.6% 15,248 14.9% 16,298 14.9% 30.0% 6.9%

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Market AnalysisSeptember 11, 2015

2000 2010 2015A 2020 Percent Change

Census % Census % Estimates % Projections % 2000 to 2010

2015 to 2020

Graduate Degree 4,636 5.4% 5,286 5.3% 6,036 5.9% 6,690 6.1% 14.0% 10.8% No Schooling Completed

1,063 1.2% 1,435 1.4% 1,505 1.5% 1,590 1.4% 35.0% 5.6%

Age 25+ Population 86,617 99,729 102,603 109,756 15.1% 7.0%

Seasonal Population by Quarter

2015Estimates

Q4 2011 597Q1 2012 591Q2 2012 594Q3 2012 602Q4 2012 594Q1 2013 594Q2 2013 625Q3 2013 602Q4 2013 607Q1 2014 608Q2 2014 634Q3 2014 603Q4 2014 608

© 2010 US Census, All Rights Reserved, Alteryx, Inc.© 2014 Experian, Inc. All Rights Reserved, Alteryx, Inc.© 2014 Easy Analytic Software, Inc. (EASI®) All Rights Reserved, Alteryx, Inc.Experian Data Methodology

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Market AnalysisSeptember 11, 2015

Executive Summary Report with Charts for County, Alamance:

Population Demographics:

The number of households in the study area in 2000 was 51,595 and changed to 59,959 in 2010, representing a change of 16.2%. The household count in 2015A was 61,136 and the household projection for 2020 is 64,852, a change of 6.1%. The population in the study area in 2000 was 130,813 and in 2010 it was 151,132, roughly a 15.5% change. The population in 2015A was 153,959 and the projection for 2020 is 162,119 representing a change of 5.3%.

Percent Change2000

Census2010

Census2015A

Estimate2020

Projection2000 to

20102015 to

2020Total Population 130,813 151,132 153,959 162,119 15.5% 5.3%Total Households 51,595 59,959 61,136 64,852 16.2% 6.1%

Population by Age

In 2000, the median age of the total population in the study area was 36.4, and in 2010, it was 38.6. The median age in 2015A is 39.4 and it is predicted to change in five years to 40.0 years. In 2015A, females represented 52.3% of the population with a median age of 40.7 and males represented 47.7% of the population with a median age of 37.9 years. In 2015A, the most prominent age group in this geography is Age 45 to 54 years. The age group least represented in this geography is Age 0 to 4 years.

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Market AnalysisSeptember 11, 2015

Age Groups Percent Change2000

Census % 2010 Census % 2015A

Estimate % 2020 Projection % 2000 to

20102015 to

20200 to 4 8,434 6.5% 9,524 6.3% 9,071 5.9% 9,435 5.8% 12.9% 4.0%5 to 14 17,939 13.7% 19,897 13.2% 20,265 13.2% 20,255 12.5% 10.9% 0.0%15 to 19 8,820 6.7% 11,100 7.3% 11,113 7.2% 11,362 7.0% 25.9% 2.2%20 to 24 8,834 6.8% 10,882 7.2% 10,907 7.1% 11,311 7.0% 23.2% 3.7%25 to 34 18,599 14.2% 17,164 11.4% 17,696 11.5% 19,428 12.0% -7.7% 9.8%35 to 44 20,635 15.8% 20,676 13.7% 19,891 12.9% 19,750 12.2% 0.2% -0.7%45 to 54 17,157 13.1% 21,891 14.5% 21,951 14.3% 21,636 13.3% 27.6% -1.4%55 to 64 11,944 9.1% 17,916 11.9% 19,058 12.4% 20,839 12.9% 50.0% 9.3%65 to 74 9,951 7.6% 11,428 7.6% 13,087 8.5% 15,983 9.9% 14.8% 22.1%75 + 8,499 6.5% 10,653 7.0% 10,919 7.1% 12,119 7.5% 25.3% 11.0%

Population by Race/Ethnicity

In 2015A, the predominant race/ethnicity category in this study area is White. The race & ethnicity category least represented in this geography is American Indian, Alaska Native.

Race & Ethnicity Percent Change

2000 Census % 2010

Census % 2015A Estimate % 2020

Projection % 2000 to 2010

2015 to 2020

White 98,705 75.5% 107,421 71.1% 107,364 69.7% 111,048 68.5% 8.8% 3.4%Black 24,322 18.6% 28,369 18.8% 29,165 18.9% 30,800 19.0% 16.6% 5.6%American Indian or Alaska Native

723 0.6% 1,020 0.7% 1,101 0.7% 1,187 0.7% 41.1% 7.8%

Asian/Hawaiian/PI 1,198 0.9% 1,895 1.3% 2,397 1.6% 2,952 1.8% 58.2% 23.2%Some Other Race 4,252 3.3% 9,291 6.2% 10,507 6.8% 12,000 7.4% 118.5% 14.2%Two or More Races 1,613 1.2% 3,136 2.1% 3,425 2.2% 4,132 2.5% 94.4% 20.6%

Hispanic Ethnicity 8,757 6.7% 16,639 11.0% 18,810 12.2% 21,479 13.2% 90.0% 14.2%

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Market AnalysisSeptember 11, 2015

Race & Ethnicity Percent Change2000

Census % 2010 Census % 2015A

Estimate % 2020 Projection % 2000 to

20102015 to

2020Not Hispanic or Latino 122,056 93.3% 134,493 89.0% 135,149 87.8% 140,640 86.8% 10.2% 4.1%

Households by Income

In 2015A the predominant household Current Year income category in this study area is $50K - $75K, and the income group that is least represented in this geography is$150K +.

HH Income Categories Percent Change

2000 Census % 2010

Census % 2015A Estimate % 2020

Projection % 2000 to 2010

2015 to 2020

$0 - $15,000 8,350 16.2% 8,538 14.2% 9,472 15.5% 8,460 13.0% 2.3% -10.7%$15,000 - $24,999 7,447 14.4% 8,007 13.4% 8,815 14.4% 8,360 12.9% 7.5% -5.2%$25,000 - $34,999 7,379 14.3% 7,277 12.1% 7,650 12.5% 7,364 11.4% -1.4% -3.7%$35,000 - $49,999 9,451 18.3% 9,569 16.0% 9,212 15.1% 8,991 13.9% 1.2% -2.4%$50,000 - $74,999 10,698 20.7% 11,796 19.7% 11,464 18.8% 13,199 20.4% 10.3% 15.1%$75,000 - $99,999 4,569 8.9% 7,285 12.2% 6,963 11.4% 8,237 12.7% 59.4% 18.3%$100,000 - $149,999 2,604 5.0% 5,280 8.8% 5,166 8.4% 6,989 10.8% 102.8% 35.3%$150,000 + 1,227 2.4% 2,208 3.7% 2,395 3.9% 3,253 5.0% 79.9% 35.8%

Average Hhld Income $48,597 $58,773 $57,527 $64,727 20.9% 12.5%Median Hhld Income $39,166 $44,812 $42,661 $48,777 14.4% 14.3%Per Capita Income $19,168 $23,662 $23,177 $26,208 23.4% 13.1%

© 2010 US Census, All Rights Reserved, Alteryx, Inc.

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Market AnalysisSeptember 11, 2015

© 2014 Experian, Inc. All Rights Reserved, Alteryx, Inc.© 2014 Easy Analytic Software, Inc. (EASI®) All Rights Reserved, Alteryx, Inc.Experian Data Methodology

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noun

noun

noun

a position or site occupied or available for occupancy or marked by some distinguishing feature.

Alamance County is locatedmidway along the U.S. eastcoast and mid-state withinNorth Carolina.

\lō-ˈkā-shən\Location Choose AlamaNCe

Accessa way or means of gettingnear, at, or to something.

Two interstates - 85 & 40 - runconcurrently through the countyproviding immediate access toand from all directions. Two commercial airports, both under45-minute drives, furtherenhance accessibility.

Alamance County sits halfwaybetween two large, urban metroswhich expands options for quality-of-life interests such asrecreation, entertainment,shopping, and education, as well as business interests suchas workforce recruitment,spouse employment, and supplier networks.

the quality or state of beingvery near.

Proximity

\ˈak-ˌses also ik-ˈses\

\präk-ˈsi-mə-tē\

Alamance County Area Chamber of Commerce610 S. Lexington Avenue

Burlington, NC 27216336.228.1338

www.ChooseAlamance.comEconomic DevelopmentEconomic Development

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Located in central North Carolina, Alamance County is situated on two interstates, midway between two metro areas,and under an hour from two commercial airports. This unique combination of location, access, and proximity are keysto moving and connecting people, goods, and services and why Alamance County is recognized as The CarolinaCorridor.

These same attributes were also important in the economic history of the county as the textile industry located andgrew here becoming our signature industry. This economic base shaped the character of our local communities asthey developed around the mills. Over time, both the economic base and the local cities and towns within the countyhave changed and diversi�ed.

Today, Alamance County boasts an impressive roster of national and international companies in textiles, still, but alsomedical testing, automotive components, consumer goods, and industrial components. Similarily, our collection ofsmall and medium size cities and towns o�ers the amenities and services required to support world class businessesand their employees.

Expanding and enhancing the local communities’ o�erings are those of the cities of the two neighboring metroareas. To the east, the Research Triangle Park region features the city-cluster of Raleigh-Durham-Chapel Hill. To thewest, the Piedmont Triad region features the Greensboro-Winston Salem-High Point cluster. Each metro has a commercial airport about 40 minutes from Alamance County via interstate. As both metros grow toward the center,Alamance County, siting “between the airports,” is primed to continue growing as a strategic business location.

Mebane

Welcome to Alamance County, NC

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Alamance-Burlington School System BurlingtonLaboratory Corp of America BurlingtonAlamance Regional Medical Center BurlingtonElon University ElonWal-Mart Stores Inc. (3 locations) BurlingtonAlamance County Government GrahamCity of Burlington BurlingtonGKN Driveline North America MebaneAlamance Community College GrahamHonda Power Equipment Mfg SwepsonvilleGlen Raven Inc. Glen RavenKayser-Roth Corp BurlingtonMeadwestvaco Healthcare Packaging MebaneAKG of America Inc. MebaneKernodle Clinic Inc. BurlingtonEngineered Controls International ElonGeneral Electric Co MebaneSports Endeavors MebaneLiggett Group LLC MebaneTwin Lakes Community BurlingtonNypro MebaneITG BurlingtonARMACELL LLC MebaneCarolina Hosiery Mills, Inc. Burlington

3,3292,5002,2401,4031,000

956806800652600500465400350325320315311299291250250250240

INDUSTRY

Major EmployersAlamance County

72,806Alamance County Labor Area

1,482,437

Labor Force

Alamance County8%

Alamance County Labor Area7.1%

Unemployment Rate

Alamance County’s location between two

major metro areas allows companies to attract

labor from a 12-countyarea around Alamance.

Figures are 2013 annualaverages.

Source: NC Labor & EconomicAnalysis, NCDOC

Labor area includes the following counties:

Alamance, Caswell, Chatham,Davidson, Durham, Forsyth,

Guilford, Orange, Person,Randolph, Rockingham,

and Wake.

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Sheetz, a family-owned convenience store chain, is constructing a new manufacturing and distribution center in Burlington, NC to support retail locations in Virginia and North Carolina. The new, 250,000-square-foot center will represent a $32 million investment in the community and bring 253 new jobs. Sheetz, which has over 400 retail locations, began looking for a new location in 2010, initially looking at over 100 sites.

Walmart Stores, Inc. will open a major perishable grocery distribution warehouse in Alamance County in 2016. The new facility will serve over 123 Walmart retail stores across North Carolina and surrounding states. The companyintends to create 450 jobs and invest more than $100 million in the new center.

Cambro Manufacturing Company announced plans for a new manufacturing facility to be constructed in Mebane,NC. Cambro, a manufacturer of food service and health care products including trays, table service, storage, shelving,and insulated transport products, will create 100 jobs and invest $30.4 million over the next three years. Cambroplans to purchase 28 acres in the North Carolina Industrial Center and will construct a 220,000-square-foot facilityas phase one of the new project. Rail access will be extended to supply raw materials for the plastic injectionmolding operations.

Recent Industry Announcements

Innovation, pro�t, and growth are hallmarks of the local business community. In 1923, Burlington Industries was founded here and grew to become, at one time, the largest textile company in the world. Glen Raven (engineered textiles), LabCorp (medical testing), Kingsdown (mattresses), Carolina Biological (science education materials) are other examples of local companies also nurtured here from their founding and rising to their current place as global leaders in their industry, with their global headquarters still here. They are joined by an impressive array of other national and international �rms from a diverse mix of industry sectors who have also chosen Alamance County for major operations.

Beyond manufacturing, the local business community has seen growth in retail and business services that contribute to a robust small business community; and, is further anchored by institutions in healthcare and education that are also major local employers including Alamance Regional Medical Center, Elon University, and Alamance Community College.

CORPORATE COMMUNITY

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As our local economy developed, historically, around textile manufacturing, our local communities developed signi�cant water and wastewater infrastructure systems includinglarge raw water supplies. Today, as the old textile industry has receded, those systems o�ernot only excess capacity available immediately, but also, large volumes of reserve (water)supply for the future.

Similarly, the electric power infrastructure, provided by Duke Energy, while designed andinstalled at a di�erent time for a di�erent industry, serves today’s industries with reliableenergy from a mix of sources at a very competitive price.

Natural gas is o�ered locally by two providers, Public Service Company and Piedmont NaturalGas, and phone and �ber infrastructure is available through a variety of service providers including AT&T, CenturyLink, Time Warner Cable, and Level 3 to name a few.

Two interstates, 85 & 40, traverse Alamance County forming the backbone of the transportationnetwork serving the area. The 8-lane interstate moves cargo and people through the countymaking it an ideal location for distribution and manufacturing.

Two commercial airports, each under an hour’s drive, serve the county. In addition, a local, general aviation airport, Burlington-Alamance Regional Airport (BUY), features a 6400-ft runway. Instrument approaches, a full-service FBO, and hangar services provide facilities and services that can accomodate the most modern business jet aircraft, as well as general andrecreational aviation needs.

Rail service (both freight and passenger) is also available locally. The freight service provideris Norfolk Southern. Passenger service is o�ered by Amtrak, as well as the NC Department ofTransportation, which runs several passenger trains daily between Raleigh and Charlotte.The local, passenger station for the county is in downtown Burlington.

TRANSPORTATION

INFRASTRUCTURE

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The proximity and access of Alamance County to the neighboring metros extends the labor shed well beyond the county lines a�ording local employers the bene�t of a large and diverse workforce. About 20% of the workforce, both locally and regionally, is employed in the manufacturing and distribution sectors.

Augmenting the skills and training gained on-the-job, customized training and re-training programs and services are provided through the North Carolina Community College (NCCC) system via the local campus at Alamance Community College (ACC). Additionally, a network of local institutions (including ACC) and agencies focus on the workforce development pipeline starting from early childhood advocacy through to post-graduate degrees.

The local public school system is a single, countywide system and, with around 22,000 students, is ranked the 16th largest in the state. ACC is among the largest in the 58-campus NCCC system with nearly 6,000 full time students.

College graduates are available locally from Elon University, a private, four-year, co-ed, liberal arts institution with an annual enrollment of around 6,000 students. Additionally, within the commuting labor shed, there are 10 other colleges and universities in the neighboring metros combining for over 20,000 graduates annually. Two of those neighboring universities - NC State in Raleigh and NC A&T in Greensboro - have engineering schools.

WORKFORCE & TRAINING

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Alamance County provides a comfortable, a�ordable place that easily meets life’s basic demands and everyday needsaround housing, healthcare, sports and recreation, arts and entertainment, shopping, etc.; and, is also convenient tothe nearby metros that multiply lifestylechoices and cater to special needs and interests.

Indeed, one may think of this area “between the airports” (de�ned roughly as Alamance County plus everything withinabout 40 mile radius) as a single, dispersed city with a population of roughly 3 million people and o�ering a wide variety of lifestyle options and quality-of-life amenities.

Beyond local and regional assets are those of greater North Carolina such as the mountains and the coast each abouta 3-hour drive from Alamance County via interstate 40. Closer to home, the golf mecca of Pinehurst is but a short 90minutes away. The local climate of four distinct, yet mild, seasons allows year-round of enjoyment of these renowneddestinations and incorporation of healthy “outdoor living” into everyday lifestyles.

LIVING HERE

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Alamance County Area Chamber of Commerce610 S. Lexington Avenue

Burlington, NC 27216336.228.1338

www.ChooseAlamance.comEconomic Development

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Alamance County Retail Sales

Retail Sales TrendsFiscal Year Total Sales Annual Growth2000-01 $1,712,541,862 5.7%2001-02 $1,628,026,658 -4.9%2002-03 $1,599,675,866 -1.7%2003-04 $1,685,160,395 5.3%2004-05 $1,870,885,272 11.0%2005-06 $1,221,228,232 -34.7%2006-07 $1,371,732,692 12.3%2007-08 $1,460,915,191 6.5%2008-09 $1,431,415,494 -2.0%2009-10 $1,382,375,460 -3.4%2010-11 $1,513,529,921 9.5%2011-12 $1,651,538,079 9.1%2012-13 $1,664,281,637 0.8%2013-14 $1,820,004,445 9.4%2014-15 $1,999,751,132 9.9%

*Starting with the 2005-2006 fiscal year, sales and use tax report is not comparable to previous fiscal year reports. In Fiscal Year 2005-06 the Streamlined Sales Tax Agreement required a change in the Sales & Use Tax return so that not all taxpayers reported gross retail sales. Beginning with the report for Fiscal Year 2005-06, we reported only gross collections and taxable sales.

Monthly SalesFiscal Year 2014-15 Alamance County

Fiscal Year 2015-16 Alamance County

July $164,611,858 July $149,250,708August $164,811,606 August $203,982,797September $160,162,855 September $174,100,206October $163,608,817 October $175,981,057November $164,967,414 November $181,147,946December $171,866,125 December $180,625,519January $210,777,442 January $219,620,714February $141,793,805 February $157,008,670March $150,737,369 March $167,357,480April $168,648,993 April $0May $167,073,142 May $0June $170,691,706 June $02014-15 Total $1,999,751,132 2015-16 Year to Date Total $1,609,075,097

610 S. Lexington Ave. PO Box 450 Burlington, NC 27216alamancechamber.com

Source: North Carolina Department of Revenue

Updated: June 2016

$1,000,000,000$1,200,000,000$1,400,000,000$1,600,000,000$1,800,000,000$2,000,000,000$2,200,000,000

2005

-06

2006

-07

2007

-08

2008

-09

2009

-10

2010

-11

2011

-12

2012

-13

2013

-14

2014

-15

Alamance County Retail Sales