Forest Products & Economics

FOREST PRODUCTS

 

GENERATING INCOME WITH PRODUCTS

FOREST SECTOR IMPACT DATA

North Carolina has 18.1 million acres of timberland, which supports a vibrant forest products industry throughout the state. For details of the economic contribution of the state’s forest sector in 2018 read Economic Contribution of the Forest Sector in North Carolina, 2021. To learn more about the forest sector’s economic impact for a specific county, click here.

TAXES

There are many tax implications that come with owning and managing forestland. However, North Carolina and the federal government offer a variety of tax incentives, tax credits and tax deductions to qualifying woodland owners. The publications and resources in this section will help to gain a better understanding of the laws and programs that exist.

COST-SHARE PROGRAMS

Cost-share programs available under the USDA  Farm Bill  and through state agencies provide financial assistance and technical know-how to help forest landowners manage their land.