To identify suitable sites, the following model was built using Esri's Model Builder:
The final output provides an interesting analysis of North Carolina, showing that criteria used for this analysis limit the relocation sites mostly to central North Carolina. This is due mainly to hazard events along the coast and Appalachian regions, but the other factors also played an important role in these sites. The results also support the concept that larger populations surround water bodies, and these clusters of larger populations tend to have a lower unemployment rate.