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Carteret

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General Demographics

Total Population, 2023
69,6151
Population Change, July 2022 - July 2023
2891
Projected 2050 Population
82,9212
Under 18 Years Old
11,5451
Age 18-64 Years
38,6711
Age 65+ Years
19,3991
Median Age
50.13

Race / Ethnicity 4

White
85.5%3
Black/African American
4.2%3
Native American
0.2%3
Asian/Pacific Islander
0.9%3
Hispanic/Latino
4.7%3
Multi-Racial
4.1%3
Other Single Race
0.3%3
Sources

Financial Stability

Residents Below Federal Poverty Level, 2023
10.6%5
Median Household Income, 2023
$76,3975
Sources

Housing

Cost-Burdened Households (Spend 30% of Household Income on Housing)
29.8%6
Typical Home Value (July, 2024)
$446,4637
Median Gross Rent, 2 Bedroom Unit
$1,0106
Sources

Education

4-Year High School Graduation Rate
82.1%8
Postsecondary Enrollment
66.2%8
Postsecondary Attainment (25-44 Year Olds With a Postsecondary Degree/Credential)
53.5%8
Sources

Employment

2024 County Economic Distress Tier
39
Total Workforce Employed, 2023 Average
31,63110
Total Workforce Unemployed, 2023 Average
1,06010
Average Weekly Wage, 2023
$84611
Residents Working in Home County
75.2%12
Labor Force Participation Rate
55.6%12
Unemployment Rate (Annual Average), 2023
3.2%10
Annual Pre-Tax Living Wage - 2 Adults (1 working), 1 Child Household (Feb, 2024)
$70,38913
Average Employment Change, 2013-23
2645 (12% Growth)11
Gross Domestic Product, 2023 (Thousands of Dollars)
$3,452,62914
Top Industry By Employment, 2023
Accommodation and Food Services (4,522 employees)11
Top Employer in County, 2023
Carteret County Board Of Education (1000+ employees)11
Sources

Health

Residents Uninsured
9.3%15
County Health Outcomes Rank
2016
Food Insecurity Rate, 2022
14.6%17
Primary Care Physicians Per 10K Residents, 2023
6.418
Overdose Deaths Per 100 Thousand Residents, 2022
56.319
Life Expectancy (Years)
76.720
Sources

Broadband

Households Without Computing Device (Laptop, Smartphone, etc.)
3.8%21
Broadband Availability Index Score, 2021
64.022
Households without an Internet Subscription
7.8%21
Sources

Infrastructure

Designation of Water/Wastewater System as Distressed (Aug, 2024)
Yes (Newport)23

**Distressed is defined as a “public water system or wastewater system operated by a local government unit exhibiting signs of failure to identify or address those financial or operating needs necessary to enable that system to become or to remain a local government unit generating sufficient revenues to adequately fund management and operations, personnel, appropriate levels of maintenance, and reinvestment that facilitate the provision of reliable water or wastewater services” per Session Law 2020-79.**

Sources

Small Business: Statewide Data

Small businesses make up 99.6% (1.1 million small businesses) of all NC Businesses.24

44.2% (1.7 million small business employees) of all North Carolinians are small business employees.24

Business Ownership

Business Ownership - Women
46.0%24
Business Ownership - Veterans
7.1%24
Business Ownership - People of Color
22.8%24

Business Creation

2021
178,30025
2022
171,40025
2023
171,70025

Business Revenue

2019
$125,700,00026
2020
$141,400,00026
2021
$159,200,00026

Employment Data

Small Business Employment Change, March 2022 - March 2023
Net increase of 100,187 jobs24
Small Business Establishment Change, March 2022 - March 2023
Net increase of 7,773 businesses24

Agriculture

Farms
42,81727
Acres of Farmland
8,128,13627
Average Acreage of NC Farms
19027

Major Sectors

Major Business Sectors
Aerospace and Defense; Automotive, Truck & Heavy Machinery; Biotechnology and Pharmaceuticals; Business and Financial Services; Corporate Headquarters; Energy; Food Processing and Manufacturing; Furniture; Information Technology; Plastics and Chemicals; Textiles; Tourism28
Sources