The Tar Heel State’s economic powerhouses are driving unprecedented growth
North Carolina has made a remarkable leap in the latest U.S. News & World Report Best States rankings, jumping six spots from #19 to #13 overall—and our thriving metropolitan areas are leading the charge.
The state earned impressive recognition with a #7 ranking for best economy nationwide and #5 for growth, highlighting the dynamic opportunities available across North Carolina’s major metro regions.
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Charlotte: Banking Capital of the South
Charlotte continues to cement its position as an economic powerhouse, now serving as the second-largest banking center in the nation. The Queen City’s financial district rivals major markets, attracting top talent and Fortune 500 companies that fuel job creation and economic expansion throughout the metro area.
The banking and financial services sector has transformed Charlotte into a destination for professionals seeking career advancement in a city that offers both big-city opportunities and Southern charm.
Research Triangle: Innovation Hub
The Research Triangle Park area, anchored by Raleigh-Durham-Chapel Hill, stands out as one of the nation’s premier technology and research corridors. Home to more than 200 companies, this metro region has become a magnet for:
This concentration of innovation-driven industries creates a robust job market for skilled professionals while fostering entrepreneurship and startup growth.
Statewide Economic Transformation
North Carolina’s metro areas are benefiting from the state’s strategic focus on high-growth industries including banking, pharmaceuticals, and technology. This economic diversification has created resilient job markets that weather national economic fluctuations while providing opportunities for career growth.
Governor Josh Stein emphasized the state’s commitment to continued growth: “We have long known that North Carolina is a top state to live, work, and raise a family. I am proud of our state’s work to grow our economy and make it work for more people.”
Regional Advantages
The rankings evaluated states across multiple categories including:
North Carolina’s strong performance across these metrics reflects the quality of life and business environment that makes our metro areas attractive to both residents and employers.
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Looking Ahead
As North Carolina continues investing in public education, healthcare, infrastructure, and workforce development, our metro areas are positioned to maintain their competitive edge and attract even more businesses and talent.
Whether you’re considering Charlotte’s financial sector opportunities, the Research Triangle’s innovation ecosystem, or the growing prospects in metros across the state, North Carolina offers the economic foundation and quality of life that support long-term success. To read more, visit North Carolina ranked well in Best States list for 2025 | wcnc.com.