Data Meets Decisions

Is the Statesville Region the right fit for your business? We want to provide as much data as possible for you to make that decision. Please select from the options below to learn more about our area.

Click here for Statistical Data from Statesville Regional Development
Click here for Iredell County Demographics Forecast
Workforce Data
Geography/Climate
Population
Recruiting Area
Economic and Tax Data

Workforce Data

Category 2012 2011 2010 2005 2000 1995 1990
Civilian Labor Force 80,802 78,588 79,080 72,767 65,911 57,681 52,718
Employment Total 72,509 69,976 69,721 69,115 63,593 55,714 50,643
Unemployment Total 8,343 8,567 9,359 3,652 2,318 1,967 2,075
Rate of Unemployment 10.3% 10.9% 11.8% 5.0% 3.5% 3.4% 3.9%

*Average January thru April 2012

Geography/Climate

Altitude (above Mean Sea Level)

Statesville 900 to 950 feet
Iredell County 700 to 1,760 feet

Geography (area/thousands of acres)

Land 366.1
Water 13.4
Total 379.5
Forestry 171.4
Cropland & Pastures 166.4
Urban & Build-up 19.0

Climate

Mean Annual Temperature 58.5 F
Mean Annual Precipitation 45.97"
Average Relative Humidity 68%
Average Snowfall 5.6"
Coldest Month: January 38.7 F
Hottest Month: July 77.6 F
Wettest Month: June 4.49"
Driest Month: November 3.03"

Soil: Loamy
Iredell County: 574.12 square miles

Population

(U.S. Census Bureau)

Area 2009 2008 2000 1990 1980
Iredell County 160,602 155,359 122,660 92,931 82,538
Statesville 26,644 26,414 23,320 17,567 18,622
Troutman 1,998 1,815 1,592 1,493 1,360

Recruiting Area

Recruiting area covers a radius of 25 road miles

Approximate driving time: 30 minutes
Recruiting area population: 482,069
Residing in North Carolina: 482,069 (100%)
Registered Applicants: 26,841
Estimated Labor Force: 234,126

This represents the number of persons who have registered for work with the Employment Security Commission Office in the area. This does not include all available labor since additional workers may be recruited from other sources such as housewives, persons now commuting out of the area, etc.

High school graduates entering labor force: 577 (excludes graduates who continue their education or who did not seek employment).

Economic and Tax Data

Taxes
(per $100 of 100% assessed value)

Iredell County $ .48.5
Statesville $ .38
Troutman $ .44
Harmony $ .10
Love Valley $ .25

Finance

Banks: 12
Credit Unions: 4
Investment/Financial Advisory Services: 8
Industrial Revenue Bonds: Yes

Financial Rating, City of Statesville:

Standard & Poor's: AA- (2008)
Moody's: A1 (2009)

Financial Rating, Iredell County

Standard & Poor's: AA (2008)
Moody's: Aa3 (2008)
Fitch: AA+ (2008)

Housing Costs

Homes:
Average price of homes sold in Iredell County in 2008: $162,843 (does not include Lake Norman)

Average price of homes sold on Lake Norman in 2008: $494,176

*Sourse: MLS

Apartments:
One bedroom average monthly rental rate: $325 - $600
Two bedroom average monthly rental rate: $525 - $650
Three bedroom average monthly rental rate: $550 - $850

Townhouses:
Two bedroom average monthly rental rate: $950

Single Family Homes:
Two bedroom average monthly rental rate: $450 - $850
Three bedroom average monthly rental rate: $950 - $1,300

Health Care
Davis Regional Medical Center: 262 beds
www.davisregional.com

Iredell Memorial Hospital: 247 beds
www.iredellmemorial.org

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