Fast Facts

Winston-Salem at a Glance

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Word gets around

Winston-Salem, the state of North Carolina, and many of the institutions in Winston-Salem have received awards ranging from the quality of life to the educational quality of the major schools.

Winston-Salem

#11 Best Place to Start a Business – WalletHub

#46 Best US City – Businessweek.com 2011

#39 Best place to live in the U.S. – US News 2016

Top 25 Best Places to Retire – Forbes 2013

North Carolina

  • Business Climate

    #2 Best State for Business – Forbes

    #2 Business Climate Ranking – Site Selection 2015

    #3 Best State for Business – Chief Executive Magazine 2016

    Tax Climate

    4% Corporate Income Tax – Lowest in Southeast – Tax Foundation 2016

    #3 Lowest State and Local Business Tax Burden – Ernst and Young 2015

    #5 Lowest Effective Tax rate for mature corporate HQ’s – Tax Foundation and KPMG 2015

    Low Business Cost

    #5 Lowest business costs – Forbes 2015

    #5 Competitive utility rates – Area Developments top states for doing business 2015

    18% lower construction costs in North Carolina Metros vs US average

    Labor Environment

    #4 Best Labor Climate – Area Development 2015

    #1 State for workforce development atlantic region – Site Selection 2016

    #2 Lowest Unionization Rate in the US – US Bureau of Labor Statistics 2015

    Legal and Regulatory Environment

    #7 Legal Climate Ranking – US Chamber Institute for Legal Reform 2015

    #5 Overall treatment of tort and contract litigation – US Chamber Institute for Legal Reform 2015

    #4 Best Regulatory Environment