ExecutivePulse
Official Federal Data

Carteret County, North Carolina

FIPS 37031 · Morehead City, NC · Population 69,148
9 Sources Updated June 22, 2026
$72,322
Median Income
$80,734 national
3.5%
Unemployment
4% national
$3.7B
GDP
34.5%
Bachelor's+
35.7% national

Demographics & Population

Census Bureau American Community Survey 2020-2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$72,322
Per Capita
$45,736
Mean Household
$99,351
Poverty Rate
10.1%
Median Income Comparison
Carteret County$72,322
North Carolina$72,388
National$80,734

Population Profile

Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
65+: 27% (18,665 residents) 55-64: 17% (11,741 residents) 35-54: 23.7% (16,368 residents) 18-34: 15.5% (10,723 residents) Under 18: 16.8% (11,651 residents) 50 Median Age
Cohorts
Under 18 · 16.8%
18-34 · 15.5%
35-54 · 23.7%
55-64 · 17%
65+ · 27%
Race & Ethnicity
White86%
Black or African American4.2%
Asian1%
Hispanic or Latino(any race)4.9%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
93.7%
High School+
National: 89.6%
▲ +4.1 pts
34.5%
Bachelor's+
National: 35.7%
▼ 1.2 pts
12.9%
Graduate+
National: 14.1%
▼ 1.2 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
69,148
Population
32,489
Labor Force
Employed
30,594
Unemployment Rate BLS LAUS 2025 annual
3.5% ▲ +0.2 pts YoY
Mean Commute 3 min below national avg
23.2 min
Work From Home vs 15.1% national
12.6%
Key Takeaways
  • Aging population: Median age of 50 is materially above the U.S. norm; succession planning and senior-services demand are real factors.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$3.7B
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · CAGDP1 Regional GDP

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
Top industries by employment in Carteret County, North Carolina, with employment, share of top sectors, and average wage
IndustryEmploymentShare of Top 10Avg Wage
1Accommodation and Food Services
4,760 26.0%
$26,188
2Retail Trade
4,338 23.7%
$35,240
3Health Care and Social Assistance
2,324 12.7%
$61,486
4Construction
1,642 9.0%
$56,075
5Administrative and Support and Waste Management
1,314 7.2%
$43,601
6Professional, Scientific, and Technical Services
1,083 5.9%
$85,897
7Other Services (except Public Administration)
947 5.2%
$38,210
8Arts, Entertainment, and Recreation
902 4.9%
$33,884
9Real Estate and Rental and Leasing
559 3.1%
$53,239
10Finance and Insurance
457 2.5%
$90,671
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Key Takeaways
  • Largest sector: Accommodation and Food Services employs 4,760 workers (26% of tracked sectors), at an average wage of $26,188.
  • Economic scale: Regional GDP of $3.7B (2024).
  • Wage stratification: Finance and Insurance averages $90,671 while Accommodation and Food Services averages $26,188, a 3.5x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP.
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Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Location Quotient Analysis

Concentrated Industries
Source: BLS QCEW · 3-digit NAICS sub-sector · Location Quotient vs. national employment share
Same source as the Top Industries table above, sub-sector view surfaces the specialization the supersector view masks (e.g., Plastics & Rubber Manufacturing inside the Manufacturing supersector).
Scenic and Sightseeing Transportation
4.82x
24
Water Transportation
4.43x
50
Building Material and Garden Supply Retailers
3.13x
707
Amusement, Gambling, and Recreation Industries
2.76x
869
Food Services and Drinking Places
2.06x
4,138
Accommodation
1.97x
622
Sporting Goods, Hobby, Musical Instrument, Book, and Misc. Retailers
1.94x
472
Waste Management and Remediation Services
1.83x
156
Private Households
1.81x
61
Real Estate
1.66x
496

Cluster Depth

Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Accommodation & Food Services Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
4,760
Cluster Employment
2.06x
Peak LQ
Concentrated Sub-Sectors
Scenic and Sightseeing Transportation
4.82x 24
Water Transportation
4.43x 50
Building Material and Garden Supply Retailers
3.13x 707
Amusement, Gambling, and Recreation Industries
2.76x 869
Food Services and Drinking Places
2.06x 4,138
Accommodation
1.97x 622
Sporting Goods, Hobby, Musical Instrument, Book, and Misc. Retailers
1.94x 472
Waste Management and Remediation Services
1.83x 156
Private Households
1.81x 61
Real Estate
1.66x 496

Attraction Opportunities

LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
0.22x
Merchant Wholesalers, Nondurable Goods
81 employed
Key Takeaways
  • Top specialization: Scenic and Sightseeing Transportation concentrates at 4.82x the national norm, strong concentration that anchors the local economy and supports supply-chain attraction strategy.
  • Cluster depth: 10 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
  • Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment depending on labor-market fit.
Source: BLS QCEW sub-sector Location Quotients.
Carteret County's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of total private-sector employment across all NAICS supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2025 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$333,300
Median Home Value vs 2019
$1,108
Rent/Mo
74.7%
Owner-Occ
38.7%
Vacancy
4.6x
Home Value to Income Ratio
vs. ~4.1x national average

HUD Fair Market Rents

Source: HUD · Fair Market Rents FY2026
Studio
$907/mo
1 Bedroom
$913/mo
2 Bedroom
$1,198/mo
3 Bedroom
$1,541/mo
4 Bedroom
$1,966/mo
30% of monthly median household income (~$1,808/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • In line with national: Home value to income ratio of 4.6x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
  • High home ownership: 74.7% owner-occupied; rental supply may be tight for incoming workers.
  • Elevated vacancy: 38.7% vacancy rate. In resort, rural, and seasonal markets much of this is recreational/seasonal (second homes), not available supply; confirm the vacancy-by-reason split before treating it as a redevelopment opportunity.
  • Affordable rent tiers: 4 of 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$1,808/mo).
Source: Census ACS housing tables + HUD Fair Market Rents.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
38,832
Working Age (18-64) vs 2019
Mean Commute 3 min below national avg
23.2 min
Work From Home vs 15.1% national
12.6%
Prime-Age Employed (25-54)
78.4%
of prime-age population
Labor force participation rate: 56.5% of working-age population (18-64) 56% Participation
▼ vs 2019

Education & Talent Pipeline

Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
34.5%
HS Diploma+
93.7%
Regional / Statewide Institutions
Total credentials awarded
47,592/yr
North Carolina State University at Raleigh 10,279/yr
University of North Carolina at Chapel Hill 9,997/yr
University of North Carolina at Charlotte 8,666/yr
East Carolina University 6,984/yr
Wake Technical Community College 6,278/yr
Appalachian State University 5,388/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
30.2%
55-64 of working-age population (18-64)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.

Workforce by Occupation

Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
41.1%
Service
17.6%
Sales & Office
20.7%
Construction / Maint.
9.7%
Production / Transport
10.9%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 30,594 employed workers.
Key Takeaways
  • Succession risk is real: 30.2% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
  • Low participation: 56.5% labor force participation suggests untapped capacity; workforce development programs may unlock supply.
  • Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 28,942 annual credentials.
Source: ACS workforce data and College Scorecard.

AI Insights

AI-assisted analysis, drawn from 9 federal data sources

Sample AI Insight

Carteret County shows meaningful potential for scenic and sightseeing transportation attraction, with a 4.82x concentration and 24 jobs in this sub-sector. Near-term succession risk is elevated, with 30.2% of the working-age population within 10 years of retirement age.

The interconnected base across scenic and sightseeing transportation, water transportation, and building material and garden supply retailers creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example

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Data Sources

Updated from official federal government data.

Census ACS 5-Year2024
BLS QCEW2025 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23

Frequently Asked Questions

Key economic and demographic figures for Carteret County, North Carolina, from federal data sources.

What is the population of Carteret County, North Carolina?

69,148 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in Carteret County, North Carolina?

$72,322 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Carteret County, North Carolina?

3.5% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Carteret County, North Carolina?

$3.7B (U.S. Bureau of Economic Analysis, CAGDP1).