What Is The Average Household Income In Wilmington North Carolina?

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How much do you need to live comfortably in Wilmington NC?

You can live comfortably in Wilmington for $56,134. Salary is intertwined with the cost of living in Wilmington, NC. The cost of living in Wilmington is $1,659 per person per month and $3,912 for a family. This average cost assumes that the single person lives alone and has no dependents.

Is Wilmington NC poor?

Wilmington’s concentrated poverty rate is the highest in all of North Carolina | North Carolina | thecentersquare.com.

What is considered high income in NC?

Average Household Income: $79,620. Per Capita Income: $31,993. 6.0% of Households in North Carolina are High Income Households that make over $200,000 a year.

What is a good household income in NC?

And to be in the top 5 percent of income earners in North Carolina, households need to make at least $213,009 per year. The state’s current median household income stands at $57,341 annually, the report says.

What is a good salary in Wilmington NC?

Average Salary in Wilmington, NC

What is a livable salary in NC?

Living Wage Calculation for North Carolina

What percentage of black people live in Wilmington North Carolina?

WILMINGTON, N.C. (WECT) – While African Americans play an integral role in the Wilmington area, the population remains challenged. Since 1898, when more than 50 percent of Wilmington was black, there’s been a steady decline in the demographics. Today, only 17.83 percent of the population is African American.

What is Wilmington NC known for?

The city’s most attention-grabbing attraction — it’s hard to miss — is the immense Battleship North Carolina, a WWII-era warship that is open to tour. Wilmington’s port, sheltered on Cape Fear River, gained prosperity by shipping petroleum and pulp products, and this coast played an important part in Civil War history.

How many homeless people are in Wilmington NC?

In 2020, there were 350 people who were homeless on any given night. However, even though numbers overall have decreased,events like Hurricane Florence and the COVID-19 pandemic have caused the number of homeless individuals to tick upward, said Katrina Knight, the director of the Good Shepherd Center.

What is middle class income in NC?

North Carolina households must make at least $22,507 to reach middle class, study finds. (The Center Square) – In North Carolina, households must earn a minimum of $22,507 per year to be considered middle class, with the upper earnings boundary set at $104,011, according to a new 24/7 Wall St. analysis.

What is considered upper middle class in NC?

A family earning between $32,048 and $53,413 was considered lower-middle class. For high earners, a three-person family needed an income between $106,827 and $373,894 to be considered upper-middle class, Rose says. Those who earn more than $373,894 are rich.

What is the largest employer in North Carolina?

Meanwhile, Wal-Mart is the largest private employer in North Carolina, along with twenty-one other states.

What is a good salary for a family of 4 in North Carolina?

$52,946 a year
In North Carolina, a family of four must earn $52,946 a year in order to afford housing, food, child care, health care, transportation, taxes, and other necessities.

Is it expensive to live in Wilmington North Carolina?

Cost of Living in Wilmington, North Carolina by Expense Category. Wilmington’s housing expenses are 23% lower than the national average and the utility prices are 4% higher than the national average. Transportation expenses like bus fares and gas prices are 11% higher than the national average.

Is Wilmington NC affordable?

Since it is such a desirable location and place to live, the cost of living in Wilmington is 11% higher than the North Carolina average but it is still an affordable area.

What is minimum wage in Wilmington NC?

The minimum wage in North Carolina is currently $7.25 an hour. Employers doing business in North Carolina are required to pay at least $7.25 per hour to all employees (agricultural and domestic employees are subject to the federal minimum wage).

Is Wilmington NC good place to live?

Wilmington is in New Hanover County and is one of the best places to live in North Carolina. Living in Wilmington offers residents a dense suburban feel and most residents rent their homes. In Wilmington there are a lot of restaurants, coffee shops, and parks.

Is $30000 a year good for a single person?

No, $30,000 is not a great salary for a single person, but it can be livable depending on the person’s location and expenses. The average personal income in the United States is $63,214 per year, which is more than double the $30k mark. This initially makes you think that someone earning $30,000 is on a tight budget.

How often does Wilmington get hit by hurricanes?

A total of 84 tropical cyclones made landfall over the 169-year period from 1851 to 2020, which means NC averages one tropical cyclone making landfall every two years. Of those 84 tropical storms, 52 of them were hurricanes, so NC averages one hurricane making landfall every 3.25 years.

Is Wilmington NC up and coming?

The news that people are continuing to move to Wilmington — its population grew from 106,476 in 2010 to 115,451 in 2020, an 8.4% increase — “just confirms what I’ve been saying for the past five years,” said Natalie English, president and CEO of the Wilmington Chamber of Commerce.