Jobs Created
From residential construction in 2025
Total Economic Activity
Generated by residential construction in 2025
In Public Revenue
Generated for local, state and federal governments
New Owner-Occupied Homes
Built in North Carolina in 2025
This study examines the full economic impact of owner-occupied residential construction in North Carolina, including direct construction activity, supply chain and supplier impacts, and additional economic activity generated through worker spending. The analysis also evaluates the public sector impact, comparing new revenues generated for local, state, and federal governments to the cost of providing public services — demonstrating that new residential construction generates more in public revenue than it requires in public spending.
Housing generates $1.58 in new revenue for every $1.00 of new public service cost.
“The growth generated by the construction does pay for itself.”
New Public Revenues Generated (from new residents)
| Local Revenue | $154M |
| State Revenue | $201M |
| Federal Revenue | $39M |
Total Annual Revenue: $394M
Estimated Public Costs (for services)
| Education | $120M |
| Transportation | $82M |
| Public Safety | $58M |
| Public Administration | $40M |
Total Annual Costs: $300M
Jobs Created
From single-family construction in 2025
Total Economic Activity
Generated by single-family construction in 2025
In Public Revenue
Generated for local, state and federal governments
Jobs Created
From townhouse construction in 2025
Total Economic Activity
From townhouse construction in 2025
In Public Revenue
Generated for local and state governments
This analysis was conducted using IMPLAN, an industry-leading economic impact modeling tool. It includes direct, indirect, and induced impacts on jobs, income, output and government revenue at the local, state, and federal levels.
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