Monroe is a Top 10 City for Small Businesses in North Carolina
The City of Monroe is a Top 10 City for Small Businesses in North Carolina thanks to its low sales tax, population size, and affordable commercial real estate.
According to a new report from B2B Reviews, the City of Monroe is attractive to small businesses because of its nine percent population increase as well as its low sales tax rate of 6.75 percent. With a population of 37,797 (0.35 percent of North Carolina), the city offers affordable commercial real estate at $22 per square foot.
"Its proximity to Charlotte allows businesses to attract big-city customers without the high costs," according to the report.
This comes on the heels of another report naming North Carolina as the #1 state in the U.S. to start a business.
The City of Monroe proudly supports both hometown businesses and serves as a thriving hub for 17 international companies representing 11 countries across three continents.
Monroe is the ideal place to start, expand, or relocate international businesses because of the superior business-friendly environment we offer to help companies of all sizes succeed.
Why Choose Monroe?
Monroe exemplifies this success by offering a variety of advantages for businesses:
Strategic Location: Easy access to major highways, rail, and air transportation, including the City-owned Charlotte-Monroe Executive Airport.
Thriving Workforce: A talented pool of professionals ready to power your business.
Pro-Business Climate: Competitive incentives and resources tailored to support your success.
Quality of Life: A vibrant community with affordable housing, excellent schools, and a range of recreational and cultural amenities.
We’re not just open for business; we’re ready to help you succeed. Explore our opportunities and see why so many companies call Monroe home.
Reach out to our Economic Development team today or visit our website www.monroenc.org.