North Carolina
North Carolina calculates at least $53 billion price tag for Hurricane Helene damages
RALEIGH, N.C. (AP) — The catastrophic flooding and destruction caused by Hurricane Helene in western North Carolina is likely to have caused at least a record $53 billion in damages and recovery needs, Gov. Roy Cooper’s administration said Wednesday.
The state budget office generated the preliminary figure for direct or indirect damages and potential investments to prevent similar destruction in future storms.
Cooper told reporters the state’s previous record for storm damage was $17 billion from Hurricane Florence, which struck eastern North Carolina in 2018.
READ MORE: Helene’s historic destruction hasn’t stopped early voting in North Carolina
“It is no exaggeration to describe Helene as the deadliest and most damaging storm ever to hit North Carolina,” Cooper said while unveiling his request to the General Assembly for $3.9 billion to help pay for repairs and revitalization. He called it a “down payment for western North Carolina’s future.”
North Carolina state officials have reported 96 deaths from Helene, which brought historic levels of rain and flooding to the mountains in late September.
The storm and its aftermath caused 1,400 landslides and damaged over 160 water and sewer systems, at least 6,000 miles (9,650 kilometers) of roads, more than 1,000 bridges and culverts and an estimated 126,000 homes, the budget office said. Some 220,000 households are expected to apply for federal assistance.
“This jaw-dropping damage figure reminds us that we are very much on the front end of this recovery effort,” the Democratic governor said.
The report with Cooper’s spending request was released the day before the Republican-controlled legislature planned to meet for a one-day session to advance additional Helene recovery legislation.
READ MORE: Many schools in North Carolina still closed weeks after Hurricane Helene, worrying teachers about long-term impact
Lawmakers unanimously approved two weeks ago a $273 million package that also included language to provide flexibility to state agencies, displaced residents and officials running elections in 25 western counties. Thirty-nine of the state’s 100 counties are within the federally declared disaster area.
State government coffers include several billon dollars that can be accessed for future recovery spending. Almost $4.5 billion is in the state’s savings reserve alone.
Legislative leaders had not disclosed as of late Wednesday afternoon specifics about what they would attempt to pass Thursday. Lawmakers were still reviewing Cooper’s request that they received Tuesday, according to Lauren Horsch, a spokesperson for Senate leader Phil Berger. Any legislation is unlikely to be the full package presented by Cooper and State Budget Director Kristin Walker. After Thursday, legislators are expected to return to Raleigh on Nov. 19.
The damage report projects $48.8 billion in direct or indirect damages, along with $4.8 billion of anticipated mitigation expenses. The budget office estimates the federal government will cover $13.6 billion, with private and other sources covering $6.3 billion.
Most of the losses won’t ever be recovered, Walker said.
The private-source share of expenses likely will be relatively low because so few homeowners and farmers in the disaster areas had flood or crop insurance. Close to 93% of homes with flood damage verified by the Federal Emergency Management Agency lacked flood insurance, the report said.
Cooper’s requests include $475 million for a two-phase recovery program for businesses in the hardest-hit areas, with grants from $1,500 to $50,000 in the first phase and up to $75,000 in the second phase.
Other highlights include $289 million in matching funds to access federal money to repair utilities and debris removal; $225 million for grants to farmers for uninsured losses; and $100 million for public school and community college capital needs.
Cooper also wants $325 million to help homeowners and renters with rebuilding and minor repairs immediately while a larger program dependent on federal funds is implemented. It took nearly two years for Washington to send community development block grant funding for home repairs after Florence and Hurricane Matthew in 2016, the report said.
Wednesday’s request also seeks $175 million to cover remaining Matthew and Florence repairs. Cooper’s administration attributes the shortfall to rising construction costs, labor shortages, the COVID-19 pandemic and a congressional appropriation that was roughly half of what the state requested.
The fiscal gap prompted Berger and another leading Senate Republican to put out a news release Wednesday criticizing the $175 million request and its timing, calling them yet another sign of poor management by the state Office of Recovery and Resiliency. The senators said an oversight committee would investigate the matter next month.
North Carolina
What $500,000 buys you in North Carolina vs New Jersey is not even close
Before I came back to NJ 101.5 last August, I had a few months where things were quiet on the radio front in New Jersey and over in Philly. Quiet enough that my phone started ringing from other places.
Charlotte. Raleigh. Two separate conversations with two separate radio stations in North Carolina. I did the interviews. I listened to their stations carefully and gave their managers honest thoughts on how to improve their programming. I went far enough down the road that I had to actually think about it — not as a hypothetical, but as a real decision Linda and I would have to make about our lives.
I did not take either job. I came home to NJ 101.5 instead, which is exactly where I belong. But I spent enough time with those numbers — housing, taxes, cost of living — that they are still sitting in my head. And every time I read about another wave of New Jersey residents heading south, I think about what I saw.
What $500,000 buys you there
The median home price in Charlotte right now is around $415,000. In Raleigh it is around $426,000. That means $500,000 is not the ceiling — it is well above the median. It buys you a serious house. A newer construction home in a desirable suburb. Four bedrooms, three baths, a two-car garage, a backyard worth using. In some neighborhoods, a finished basement and a covered porch on top of that.
In and around New Jersey, $500,000 is a starting point for a conversation. In many parts of the state it gets you something modest. In Bergen, Morris or Essex County it barely qualifies as entry-level. The median home price in New Jersey sits around $584,000 — and that is the middle. Half the homes in the state cost more than that.
What $500,000 buys you here
The house math is only the beginning. The part that really stings is what comes after you buy it.
New Jersey’s effective property tax rate is 1.77 percent — the highest in the country. On a $500,000 home that is roughly $8,850 a year, and the statewide average bill has already pushed past $9,800. North Carolina’s effective property tax rate is 0.62 percent. On the same $500,000 home — the better house you bought for less money — that is about $3,100 a year.
The difference is more than $5,700 annually. Every single year. That is before you factor in that North Carolina has a flat income tax rate of 3.99 percent — dropping further — while New Jersey’s top rate hits 10.75 percent. That is before you factor in car insurance, which costs the average NJ driver about $3,400 a year compared to roughly $1,600 in North Carolina. That is before the tolls.
Add it up and the gap between living in New Jersey and living in Charlotte or Raleigh is not a number. It is a lifestyle.
What I found out about those cities
I want to be fair here, because during those months I paid real attention to both places. Charlotte feels like a city — South End, NoDa, Plaza Midwood, Dilworth. Real neighborhoods with restaurants and music and a downtown that works. Raleigh has the Research Triangle, Apple, Google, a university ecosystem that brings in young energy and jobs. The weather is genuinely good — not Florida humid, not the frozen tundra —this past winter fresh in our minds.
Both cities are growing fast because people from New Jersey, New York, and Pennsylvania keep arriving and discovering what the math already told them.
I have my own South Carolina data point too. In May of 2020, at the peak of COVID, Linda and I drove down to Charleston for over a week. Our reason was straightforward — South Carolina was still largely open when New Jersey was not. Open restaurants. Open bars. Folly Beach was packed and alive while the Jersey Shore sat empty. I liked it there. I liked the pace, the vibe, the waterfront. I remember thinking, I could live here. And what your money buys you in Charleston versus here is its own kind of revelation.
SEE ALSO: 192,00 have left NJ since 2020 — Is your town next on the list
Our home — 33 years and counting | photo by EJ
So why didn’t I go
Because of thirty-three years in the same house. Because of raising two kids here. Because of the friends we have known since before any of this happened. Because holiday and summer weekend gatherings are not a flight away.
When I thought about it honestly — really honestly — I realized I would rather leave the business I love than leave the home, the family, and the community we have spent a lifetime building. That is what kept me here. Not the taxes. Not the property values. Not the math — which, as I have just laid out, loses badly.
I made peace with that. I am genuinely glad I stayed. I am exactly where I want to be.
People leaving New Jersey are not leaving because they want to. They are leaving because the math eventually wins. I just happened to be one of the ones for whom it did not.
At least not yet.
LOOK: Here’s where people in every state are moving to most
Gallery Credit: Amanda Silvestri
North Carolina
Why Paul McNeil Would Benefit From Another Season at NC State
RALEIGH — As NC State head coach Justin Gainey begins making noise in the transfer portal, one major retention question looms large over the program: What will Paul McNeil do? The sharpshooter reportedly intends to enter the transfer portal, although he hasn’t made things official yet. However, he left things open for a return to the Pack after spending the first two seasons of his career there.
McNeil could be a key bridge player for Gainey as he tries to rebuild NC State following a mass exodus in the final days of the Will Wade era, which lasted just one season. The sophomore guard established a close relationship with Wade during their lone year together and also potentially played himself into the NBA Draft conversation. Still, he might benefit most from sticking it out in Raleigh.
Gainey could add another element to McNeil
NC State’s new coach established a reputation over his 20 years as an assistant as one of the best defensive coaches in the country. Most recently at Tennessee, Gainey helped the Volunteers become one of the most consistent and stingy defenses in the country in all five seasons he spent there, something many around Raleigh hope travels with Gainey.
At 6-foot-5, McNeil has the athleticism and wingspan to develop into a much stronger defender. He had several chase-down blocks and incredibly bouncy defensive highlights during the 2025-26 season under Wade. Gainey might see the potential in the talented guard and tap into it even further if he can convince him to stay, turning McNeil into a 3-and-D weapon.
An opportunity to leave a legacy
McNeil, like Gainey, is a native of North Carolina, hailing from nearby Rockingham. As a high schooler, the guard made a name for himself when he shattered the state record for most points in a game, scoring 71 points. He ultimately decided to stay close to home and chose NC State, joining then-coach Kevin Keatts. He stuck it out through one coaching change.
When he earned a starting role under Wade with his work ethic and incredible 3-point shooting, McNeil became a fan favorite at NC State. His confident personality and love for the area and school only helped with that. Now, he has a chance to take that love to another level if he chooses to stay in Raleigh for one more season.
Buying time for the pros
There are completely reasonable financial reasons for McNeil to make a move, as some of the reported offers for other high-profile transfers are truly life-changing numbers for college athletes. However, if the decision comes down to NC State and the NBA Draft process, it’s probably in McNeil’s best interest to stay put for one more season.
After averaging 13.8 points on 42.7% from 3-point range in his sophomore year, McNeil’s usage and role would be even bigger should he choose to return to NC State. Another season with even gaudier numbers, coupled with potential defensive improvements under Gainey’s watch, could vault the guard from second-round pick into first-round conversations.
North Carolina
Over 100 breweries tap into a brew-tiful 3rd annual NC Pint Day
ASHEVILLE, N.C. (WLOS) — More than 100 breweries and retailers across North Carolina are pulling up chairs to celebrate the third annual North Carolina Pint Day on Sunday, April 12.
Pint Day is an initiative to help promote, prepare and protect independent craft breweries in North Carolina.
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Each year, the North Carolina Brewers Guild celebrates with a limited edition collectible pint glass. This year’s glass was designed by Asheville-based artist Sadie Tynch.
According to the North Carolina Brewers Guild website, the design illustrates a blend of North Carolina’s native wildlife, botanical life, music, agriculture and community.
“Three years in, NC Pint Day has become something bigger than the glass itself,” said Lisa Parker, Executive Director of the North Carolina Craft Brewers Guild, in a news release. “ North Carolina’s independent craft breweries have long doubled as third spaces and community anchors, the kind of places where a neighborhood fundraiser gets organized, a local band plays their first show, or two strangers end up talking for hours. This glass is a celebration of that!”
According to a news release, with every glass bought, $1 will be sold directly to the North Carolina Craft Brewers Guild’s work for advocating, educating, and promoting the state’s craft brewing industry.
ASHEVILLE, MILLS RIVER BREWERIES WIN BIG AT THE 2025 WORLD BEER CUP
NC Pint Day is part of the Guild’s Hop into Spring campaign that encourages North Carolinians and visitors to explore, enjoy, and support local breweries across the state.
For a full list of participating breweries, visit here.
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