ExecutivePulse
Official Federal Data

Craven County, North Carolina

FIPS 37049 · New Bern, NC · Population 102,612
9 Sources Updated June 22, 2026
$65,873
Median Income
$80,734 national
3.9%
Unemployment
4% national
$6.9B
GDP
27.5%
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
$65,873
Per Capita
$36,931
Mean Household
$85,440
Poverty Rate
13.7%
Median Income Comparison
Craven County$65,873
North Carolina$72,388
National$80,734

Population Profile

Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
65+: 20.9% (21,446 residents) 55-64: 12.5% (12,816 residents) 35-54: 21.3% (21,857 residents) 18-34: 24% (24,674 residents) Under 18: 21.3% (21,819 residents) 39 Median Age
Cohorts
Under 18 · 21.3%
18-34 · 24%
35-54 · 21.3%
55-64 · 12.5%
65+ · 20.9%
Race & Ethnicity
White66.3%
Black or African American19.7%
Asian2.9%
Hispanic or Latino(any race)7.8%
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+
92.3%
High School+
National: 89.6%
▲ +2.7 pts
27.5%
Bachelor's+
National: 35.7%
▼ 8.2 pts
10.7%
Graduate+
National: 14.1%
▼ 3.4 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
102,612
Population
48,594
Labor Force
Employed
41,423
Unemployment Rate BLS LAUS 2025 annual
3.9% ▲ +0.2 pts YoY
Mean Commute 5 min below national avg
21.7 min
Work From Home vs 15.1% national
7.5%
Key Takeaways
  • Income gap: Households earn meaningfully less than the national median, which directly affects retail demand, housing absorption, and tax base.
  • Talent gap: Bachelor's-or-higher attainment trails the national average by 8.2 pts, relevant for advanced-services attraction strategy.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$6.9B
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 Craven County, North Carolina, with employment, share of top sectors, and average wage
IndustryEmploymentShare of Top 10Avg Wage
1Retail Trade
5,162 20.9%
$35,750
2Health Care and Social Assistance
4,668 18.9%
$56,797
3Accommodation and Food Services
4,128 16.7%
$22,371
4Manufacturing
3,540 14.4%
$73,853
5Professional, Scientific, and Technical Services
2,020 8.2%
$85,633
6Administrative and Support and Waste Management
1,543 6.3%
$43,312
7Construction
1,378 5.6%
$63,553
8Other Services (except Public Administration)
842 3.4%
$37,346
9Transportation and Warehousing
797 3.2%
$59,943
10Wholesale Trade
579 2.3%
$87,606
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Key Takeaways
  • Largest sector: Retail Trade employs 5,162 workers (20.9% of tracked sectors), at an average wage of $35,750.
  • Economic scale: Regional GDP of $6.9B (2024).
  • Wage stratification: Wholesale Trade averages $87,606 while Accommodation and Food Services averages $22,371, a 3.9x 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).
Forestry and Logging
7.41x
88
Motor Vehicle and Parts Dealers
1.97x
1,046
Fabricated Metal Product Manufacturing
1.77x
655
Textile Product Mills
1.54x
37

Cluster Depth

Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Retail Trade Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
1,046
Cluster Employment
1.97x
Peak LQ
Concentrated Sub-Sectors
Forestry and Logging
7.41x 88
Motor Vehicle and Parts Dealers
1.97x 1,046
Fabricated Metal Product Manufacturing
1.77x 655
Textile Product Mills
1.54x 37

Attraction Opportunities

LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
0.26x
Truck Transportation
98 employed
0.30x
Merchant Wholesalers, Durable Goods
269 employed
Key Takeaways
  • Top specialization: Forestry and Logging concentrates at 7.41x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
  • Cluster depth: 4 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.
Craven 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
$231,600
Median Home Value vs 2019
$1,110
Rent/Mo
68.4%
Owner-Occ
11.7%
Vacancy
3.5x
Home Value to Income Ratio
vs. ~4.1x national average

HUD Fair Market Rents

Source: HUD · Fair Market Rents FY2026
Studio
$897/mo
1 Bedroom
$902/mo
2 Bedroom
$1,184/mo
3 Bedroom
$1,591/mo
4 Bedroom
$1,988/mo
30% of monthly median household income (~$1,647/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • In line with national: Home value to income ratio of 3.5x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
  • Elevated vacancy: 11.7% 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 (~$1,647/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
59,347
Working Age (18-64) vs 2019
Mean Commute 5 min below national avg
21.7 min
Work From Home vs 15.1% national
7.5%
Prime-Age Employed (25-54)
73.4%
of prime-age population
Labor force participation rate: 60.1% of working-age population (18-64) 60% Participation
▼ vs 2019

Education & Talent Pipeline

Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
27.5%
HS Diploma+
92.3%
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
21.6%
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
37.6%
Service
20.7%
Sales & Office
20.1%
Construction / Maint.
8.2%
Production / Transport
13.5%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 41,423 employed workers.
Key Takeaways
  • Short commutes: 21.7-minute mean commute is a quality-of-life and labor-access advantage worth surfacing for site selectors.
  • 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

Craven County shows strong potential for forestry and logging attraction, with a 7.41x concentration and 88 jobs in this sub-sector. It ranks in the top decile nationally.

The interconnected base across forestry and logging, motor vehicle and parts dealers, and fabricated metal product manufacturing 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 Craven County, North Carolina, from federal data sources.

What is the population of Craven County, North Carolina?

102,612 (U.S. Census Bureau, ACS 5-Year Estimates).

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

$65,873 (U.S. Census Bureau, ACS 5-Year Estimates).

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

3.9% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Craven County, North Carolina?

$6.9B (U.S. Bureau of Economic Analysis, CAGDP1).