Business is booming in Burlington. Honda Aero, the jet engine manufacturer for Honda and other aircraft builders, has its headquarters here; Sheetz Corporation operates a 245,000 square foot regional distribution center; Alamance Regional Medical Center has expanded to meet the health-care needs of the growing community; and more than 2 million square feet of retail development has gone into the University Corridor over the last decade. There are plans for upgrades to the Burlington-Alamance Regional Airport, which has already extended runways to accommodate larger aircraft. Home to LabCorp, a Fortune 500 company worth $11.33-billion, and with a median Household Income (#173) of $40,061, the city ranked #13 in our Prosperity category. The Downtown Economic Development Implementation Plan 2019-2026 identifies seven goals to position the city’s core as the primary mixed-use center of the greater Alamance County region, including multimodal transportation options, an innovation village, and increased home-ownership rates and property values in surrounding neighborhoods.