Union County Economy
UNION COUNTY ECONOMY, PROPERTY VALUES AND MAJOR EMPLOYERS

Union County Economy Soars

The Union County economy has grown rapidly in the past decade as residential and commercial growth from Charlotte and Mecklenburg County, immediately west of Union County, has spilled over the county line. Many new residential communities were developed, retail centers were launched to serve the rapidly growing population, and new businesses located in the county as well.

For much of the past decade Union was the fastest growing county in North Carolina.
As the chart at right shows, certified property values soared from $12.8 million in 2005 to $21 million in 2009, almost doubling in four years. Other charts on this page list the top 25 employers in Union County and retail sales. For more details on the Union County economy, download a PDF file here.

Union County Retail Sales 2008-09

Major Business Groups Gross Collections Taxable Sales
Total 2008-2009 51,514,516 1,162,890,543
1% Tax 2,385 235,226
2%, 2.5% and 3% Tax 119,703 4,870,419
Apparel 663,143 14,704,499
Automotive 3,236,650 72,511,512
Food 13,924,196 314,189,616
Furniture 2,161,871 48,648,758
General merchandise 16,070,604 361,759,149
Lumber and building material 9,008,218 204,490,380
Unclassified 6,327,746 141,480,984


Union County Property Values

Year Total Taxable Value Residential Personal Property Non-Residential
2009 Certified Value 21,040,622,536 19,726,588,761
1,314,033,775
2,570,973,166
2008 Certified Value 20,654,582,881 19,447,108,151
1,207,474,730
1,773,675,530
2007 Certified Value 15,458,294,774 14,380,650,961
1,077,643,813
1,773,675,530
2006 Certified Value 14,199,901,078 13,212,654,814
987,246,264
1,717,082,715
2005 Certified Value 12,885,734,229 11,971,473,590
914,260,639
1,620,411,466


Top 25 Union County Employers

Rank Company Name Industry Empl. Range
1 Union County Schools Education & Health Services 1-000+
2 CMC-Union Education & Health Services 1-000+
3 Tyson Farms Inc Manufacturing 1-000+
4 ATI Allvac Manufacturing 1-000+
5 County Of Union Public Administration 1-000+
6 Wal-Mart Associates Inc Trade- Transportation- & Utilities 500-999
7 Harris Teeter Inc Trade- Transportation- & Utilities 500-999
8 City Of Monroe Public Administration 500-999
9 Pilgrims Pride Corporation Manufacturing 500-999
10 Charlotte Pipe & Foundry Company Manufacturing 500-999
11 Mcgee Brothers Co Inc Construction 250-499
12 Scott Technologies Inc Manufacturing 250-499
13 Food Lion Llc Trade- Transportation- & Utilities 250-499
14 Wingate University Education & Health Services 250-499
15 Consolidated Metco Inc Manufacturing 250-499
16 Lowes Home Centers Inc Trade- Transportation- & Utilities 250-499
17 Charlotte Mecklenburg Hospital Professional & Business Services 250-499
18 Yale Security Inc Manufacturing 250-499
19 A E P Industries Inc Manufacturing 250-499
20 Perfect Fit Industries Inc. Manufacturing 250-499
21 Target Stores Div Trade- Transportation- & Utilities 100-249
22 Century Contractors Inc Construction 100-249
23 Boggs Paving Inc Construction 100-249
24 Edwards Wood Products Inc Manufacturing 100-249
25 Imo Industries Manufacturing 100-249