2015 Opportunity Chatham Breakfast Presentation

Presenting sponsorPresenting Sponsor

Presenting sponsorGold Sponsors



Presenting sponsor

Aqua NC

Brookwood Farms

Carolina Meadows

Central Carolina Community College

Chandler Concrete

Chatham Park

Duke Energy

Silver Sponsors

Presenting sponsor

Kimley-Horn

McGill Associates

Nelson Mullins / NAI Carolantic Realty

Randolph Electric Membership Corp.

S&ME, Inc.

Stimmel Associates, P.A.

WithersRavenel

Silver Sponsors

Presenting sponsor

Barber & Barber Law, PLLC

BB&T

Chatham Hospital

Coldwell Banker Advantage – The Jacobs Team

Galloway Ridge

Hobbs Architects, P.A.

McKim & Creed

Piedmont Health SeniorCare

Research Triangle Regional Partnership

Taylor & McChesney Commercial Properties

Welford Harris, Inc.

Bronze Sponsors

Presenting sponsor

Jobs vs. Labor Force

29,98730,758

32,468 32,498

33,76734,333

30,655 31,11931,629 31,507 31,582

16,254 16,683 17,175 16,942 16,498

14,995 14,64214,092 13,850 14,108 14,269

10,000

15,000

20,000

25,000

30,000

35,000

40,000

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Jobs Labor Force

Q1 2004-2015 Quarterly Census Employment and Wages

Presenting sponsor

Average Weekly Wage

$597

$624$637

$651$670

$690

$744

$778 $787$766

$791

$825

$869$884

$913$930

$471 $479 $484 $492 $501 $510

$556$570

$590

$556$578

$590

$635$624 $614

$635

$400

$500

$600

$700

$800

$900

$1,000

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

Chatham County North Carolina

Q1 2000-2015 Quarterly Census Employment and Wages

Presenting sponsor

Bedroom Community Impact

• $0.63 of every consumer

dollar is spent outside

Chatham County

• Estimated loss in

Chatham County sales

tax revenue = $9M

40%

27%

18%

15%

County Revenue Sources

Property Taxes

Other

Intergovernmental Transfers

Sales Tax

North Carolina Department of Revenue; Chatham County Tax Office

Presenting sponsor

Chatham County Tax Base

Residential $6.5 Billion 77.13%

Present-Use $1.2 Billion 13.92%

Commercial $0.6 Billion 7.49%

Industry $0.1 Billion 1.46%

Other $0.0 Billion 0.00%

Total $8.4 Billion 100.00%

Residential Present-use

Commercial Industry

91%

9%

Chatham County Tax Office

Presenting sponsor

Cost of Community Services

$1.14

$0.33

$0.58

Residential Commercial Farmland

Department of Agricultural and Resource Economics, North Carolina State University, 2007

Siler City

Goldston

Pittsboro

Presenting sponsor

Presenting sponsor

Presenting sponsor

Presenting sponsor

NC County Tier Designations

North Carolina Department of Commerce

Presenting sponsor

Chatham County

• Least distressed of 100 counties

• Lowest average unemployment October

2013-September 2014

• Ranked first in per capita income in 2013

• Second fastest population growth in

2014

North Carolina Department of Commerce; US Census Bureau

Presenting sponsor

Students Eligible for Free and Reduced Lunch

44.0%

45.3%

46.8%

49.9%

50.7%

52.0%

53.0%53.5%

40%

42%

44%

46%

48%

50%

52%

54%

2007 2008 2009 2010 2011 2012 2013 2014

North Carolina Department of Public Instruction, Chatham County

Presenting sponsor

Free Reduced Lunches by School

37.4%

53.1%59.2%

25.9%

41.9%

92.8%

41.7%

100.0%

47.9% 46.6% 44.1%

91.2%

29.0% 29.5%36.1%

63.0% 64.9%

47.5%

56.1% 50.3%

27.2%

45.7%

92.0%

42.6%

100.0%

51.4% 47.0% 45.9%

89.9%

29.8% 28.4%36.0%

68.2%75.9%

0%10%20%30%40%50%60%70%80%90%

100%

2013 2014

North Carolina Department of Public Instruction, Chatham County

Presenting sponsor

High School Graduateor higher Population 25 years and older

Legend

50-59.9%

60-69.9%

70-79.9%

80-89.9%

>90%

2009-2013 American Community Survey

91.5%

96.7%

91.2%

88%

86.2%

93.9%

88.6%

84.4%

85.9%

80.9%

68.4%

59.7%

94.4%

Chatham County: 85.8%North Carolina: 84.9%

Presenting sponsor

Bachelor’s Degreeor higher Population 25 years and over

Legend

0-19.9%

20-39.9%

40-59.9%

>60%


65.5%

72.3%

55.3%

26.3%

36.7%

45%

28.1%

21.2%

14.4%

15.9%

15.5%

7.4%

61.1%


Presenting sponsor

Poverty - All People

Legend

0-6.9%

7-13.9%

14-20.9%

21-27.9%

>28%


6.9%

3%

6.9%

9%

14.9%

5.4%

8.8%

14.9%

15.8%

10.2%

18.1%

33.3%

8.7%


Presenting sponsor

Poverty – Under 18

Legend

0-9.9%

10-19.9%

20-29.9%

30-39.9%

>40%

7.3%

0%

17%

5.5%

24.1%

7.5%

12.5%

12%

23.2%

16.5%

29.9%

47.5%

16%


Presenting sponsor

Median Household Income

Legend

<$34,999

$35-49,999

$50-74,999

$75-89,999

>$90,000


$95,750

$86,171

$72,925

$55,975

$54,668

$59,184

$59,184

$48,257$27,344

$45,266

$34,724

$25,500

$83,375

Chatham County: $57,091North Carolina: $46,334

Presenting sponsor

Median Home Values


Legend

$100-199,999

$200-299,999

$300-399,999>$400,000

$484,000

$356,800

$366,300

$234,800

$204,700

$264,800

$179,100

$135,300

$141,600

$122,600

$102,400

$102,300

$263,800

Chatham County: $211,400North Carolina: $153,600

Presenting sponsor

Households with Monthly Housing Costs 30% or Greater of Income


Legend

15-19.9%

20-24.9%

25-29.9%

>30%

34.3%

19.1%

26.6%

25.9%

28.6%

31.1%

26.9%

24.3%

32.2%

30.3%

33.3%

38.2%

15.1%


Presenting sponsor

Mean Travel Time To Work

Legend

22-23.9

24-25.9

26-27.9

28-29.9

>30minutes


22.3

27.8

23

27.7

26.8

26.4

28.3

28.1

31.2

26

24.6

25.8

24.5

Chatham County: 26.6North Carolina: 23.6

Presenting sponsor

Households with No Vehicles Available

Legend

0-2.9%

3-5.9%

6-8.9%

9-11.9%

>12%


0%

2.9%

6.7%

7.9%

5.7%

0.5%

2.2%

9.8%

6%

5.2%

7.3%

16.2%

2.4%


Presenting sponsor

Poverty Rate by Educational AttainmentPopulation 25 years and over

0%

5%

10%

15%

20%

25%

30%

Chatham County

Less than high school graduate High school graduate

Some college or associate's degree Bachelor's degree


Presenting sponsor

Presenting sponsor

Presenting sponsor

Partnership for Regional Innovation Services to Manufacturers

Presenting sponsor

Community Ventures

Presenting sponsor

Community Ventures

SAGINAW

FLINT

PONTIACDETROIT

Presenting sponsor

Community Ventures

• 3,600 full-time jobs

• 69% retention rate

• $11.60 per hour

• Reduced crime

• 120 companies

• 14 month return on investment

Presenting sponsor

Community Ventures

$70

millionin charitable giving

Date post:	13-Apr-2017
Category:	Government & Nonprofit
Upload:	chatham-economic-development-corporation
View:	217 times
Download:	2 times

2015 Opportunity Chatham Breakfast Presentation

Government & Nonprofit