North Carolina’s economy has boomed. Why hasn’t its median income?

By: Brandon Kingdollar

Outlets: North Carolina Newsline

Published: January 29, 2026

Words: 494

Last Updated: 3 weeks, 3 days ago

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North Carolina’s economy has seen explosive growth since 1970, rising to eleventh in gross domestic product in the nation. But according to a new study from the left-leaning think tank Urban Institute, the state’s income growth has lagged behind the rest of the country.

Released on Tuesday, the study found that the median household income in North Carolina rose from $56,952 in 1970 to $70,804 in 2023, adjusted for inflation, according to Census Bureau …

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