Business and Economy in Winston-Salem, NC
Being a great place to live also means being a great place to work. A thriving economy helps the tax base (so there’s more money for city improvements) and helps a city attract and retain talent. The median household income in Winston-Salem, NC, is $39,882, and check out the following articles to get an inside look at its key industries and job opportunities.
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Staff Photo North Carolina Top Employers
Education, finance, health care are among the key sectors
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Employment Overview
While employment opportunities often play a big part in why people move, a city’s unemployment rate also is a major indicator of an economy’s overall health. Regardless of whether personal employment is a factor, lower unemployment rates often mean a region is better able to attract and retain skilled workers, new industries and retailers. The statistics, here, should provide valuable insight into the health and diversity of Winston-Salem’s economy.
Employment Rate in Forsyth County, NC
| Employed | 95.4% | |
| Unemployed | 4.6% |
Occupations in Winston-Salem, NC
Employment in Winston-Salem, NC
| Employment Armed Forces | 0.2% |
| Employment Civilian Labor Force | 63.1% |
| Employment Not in Labor Force | 36.7% |
| Employment Total in Labor Force | 63.3% |
Industry in Winston-Salem, NC
| Agriculture, Forestry, Fishing and Hunting and Mining | 0.3% |
| Construction | 5.4% |
| Manufacturing | 10.5% |
| Wholesale Trade | 2.5% |
| Retail Trade | 9.6% |
| Transportation and Warehousing, and Utilities | 3.7% |
| Information | 1.8% |
| Finance and Insurance, and Real Estate and Rental and Leasing | 6.7% |
| Professional, Scientific and Management and Administrative and Waste | 11.3% |
| Educational Services and Health Care and Social Assistance | 29.8% |
| Arts, Entertainment and recreation and Accommodation and food Services | 10.4% |
| Other Services, Except Public Administration | 5.3% |
| Public Administration | 2.6% |