Greater Statesville Development Corporation

About GSDC: Facts

Statistical Profile

Workforce Data

Geography/Climate

Population

Recruiting Area

Economic and Tax Data

Demographic Forecast

 

Workforce Data

Category 2008* 2007 2006 2005 2000 1995 1990
Civilian Labor Force 82,428 78,844 73,363 70,413 65,654 57,681 52,718
Employment Total 77,824 75,087 70,177 66,816 63,339 55,714 50,643
Unemployment Total 4,603 3,673 3,186 3,597 2,315 1,967 2,075
Rate of Unemployment 5.5 4.6% 4.3% 5.1% 3.5% 3.4% 3.9%
*Average January thru August 2008


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


Area 2007 2006 2000 1990 1980
Iredell County 151,445 145,324 122,600 92,935 82,538
Statesville 26,122 26,074 23,320 17,567 18,622
Troutman 1,793 2,073 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: 455,671
Residing in North Carolina: 455,671 (100%)
Registered Applicants: 22,817
Estimated Labor Force: 248,408


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 $ .44.5
Statesville $ .38
Troutman $ .48
Harmony $ .10
Love Valley $ .25

Finance

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

Financial Rating, Statesville:


Standard & Poor's: AA -
Moody's: A1

Financial Rating, County

Standard & Poor's: AA -
Moody's: Aa3
Fitch: AA -

Installment Revenue Bonds (Schools)

Moody's: Aa3
Fitch: AA -

Housing Costs

Homes:
Average price of homes sold in Iredell County in 2006: $160,000 (does not include Lake Norman)

Average price of homes sold on Lake Norman in 2006: $523,000

*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

 

Health Care
Davis Regional Medical Center: 149 beds
   www.davisregional.com
Iredell Memorial Hospital: 247 beds
   www.iredellmemorial.org

115 East Front Street, Statesville, NC 28677
Phone:704.871.0062 Fax:704.871.0223 Email: info@greaterstatesville.org Site Map
 
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