State economy

North Carolina economy

North Carolina's unemployment rate was 3.4% in September 2026, down from 3.5% the month before and 3.9% a year earlier. That ranks 15 of 51 (1 = lowest); the national rate was 4.1%. Employers had 5.13 million jobs on their payrolls in September 2026, a gain of 67,000 (+1.3%) from a year earlier. Home prices (FHFA index) were +2.4% from a year earlier in Q2 2026. Median household income was $80,250 in 2025.

3.4%
unemployment rate
September 2026
Unemployment rate3.4%Rank 15 of 51 (1 = lowest)
10-year range3.4–14.2%Low Apr 2023 · high Apr 2020
Nonfarm jobs5.13M+1.3% in a year · rank 6
Home prices (FHFA)+2.4%1-year change · Q2 2026 · 5-yr +51%
Median household income$80,2502025 · rank 39 of 51

North Carolina: unemployment rate

North Carolina unemployment rateLine chart from Jan 1, 2006 to Sep 1, 2026. Latest 3.4%; high 14.2% on Apr 1, 2020; low 3.4% on Apr 1, 2023.2.5%5.0%7.5%10.0%12.5%15.0%20082010201220142016201820202022202420263.4%High 14.2%Low 3.4%

North Carolina: jobs, change from a year earlier

North Carolina nonfarm jobs, 12-month changeLine chart from Jan 1, 2001 to Sep 1, 2026. Latest +1.3%; high +12.0% on Apr 1, 2021; low -11.0% on Apr 1, 2020.-15%-10%-5%0%5%10%15%20052010201520202025+1.3%High +12.0%Low -11.0%

North Carolina: home prices, change from a year earlier

North Carolina FHFA house price index, 12-month changeLine chart from Jan 1, 2001 to Apr 1, 2026. Latest +2.4%; high +26.3% on Apr 1, 2022; low -6.7% on Jan 1, 2010.-10%0%10%20%30%20052010201520202025+2.4%High +26.3%Low -6.7%

North Carolina: median household income

North Carolina median household incomeLine chart from Jul 1, 1984 to Jul 1, 2025. Latest $80,250; high $80,250 on Jul 1, 2025; low $20,570 on Jul 1, 1984.$20,000$40,000$60,000$80,000$100,0001990199520002005201020152020$80,250Low $20,570

Other states

Sources: U.S. Bureau of Labor Statistics (unemployment, nonfarm payrolls; seasonally adjusted), Federal Housing Finance Agency (all-transactions house price index), U.S. Census Bureau (median household income, current dollars), via FRED. US unemployment rate: 4.1% (October 2026).