Pasquotank County · North Carolina · South · 19k residents
Elizabeth City, NC: economy, jobs & business costs
The site-selection read on Elizabeth City: labor costs, talent, corporate tax, energy, and business activity, with the North Carolina median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $988/wk. North Carolina's corporate income tax rate is 2.25%. Commercial electricity averages 10.6¢/kWh.
Compare Elizabeth City side by side
Avg. weekly wage
$988/wk
Corporate income tax
2.25%
Bachelor's degree or higher
27.2%
Commercial electricity
10.6¢/kWh
Economic momentum
How fast Elizabeth City's economy is moving, ranked against the US cities we track.
50/100
Steady
Ranks Elizabeth City's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $187,700 |
| Price per sq. ft. | $190 |
| Property tax rate | 0.82% |
| 1-bedroom rent | $668/mo |
| 2-bedroom rent | $979/mo |
| State & local income tax | 3.15% |
| Sales tax | 7% |
| Corporate income tax | 2.25% |
| Avg. weekly wage | $988/wk |
| Bachelor's degree or higher | 27.2% |
| Commercial electricity | 10.6¢/kWh |
| Businesses per 1k residents | 28.5/1k |
| Wage: Software developer | $134,710 |
| Wage: Registered nurse | $84,350 |
| Wage: General manager | $101,950 |
| Wage: Customer service | $40,240 |
| Wage: Warehouse worker | $35,950 |
| Wage: Heavy truck driver | $51,530 |
| Wage: Electrician | $56,800 |
| Wage: Retail salesperson | $31,370 |
| Cost of living index | 82 |
| Groceries index | 98 |
| Utilities | $155/mo |
| Transit pass | $55/mo |
| Gas price | $3.05/gal |
| Healthcare index | 100 |
| Childcare (per child) | $1,050/mo |
| Median household income | $52,141 |
| Unemployment rate | 3.8% |
| Population | 19k |
| Crime index | 48/100 |
| School rating | 6.0/10 |
| Walkability | 30/100 |
| Disaster risk | 59/100 |
| Avg. commute | 25 min |
| Sunny days / year | 213 days |
| July high | 89°F |
| January low | 34°F |
| Annual snowfall | 0 in |
| Home price YoY | +1.6% |
| Home price MoM | +0.2% |
| Rent YoY | +5.3% |
| Rent MoM | +0.2% |
| Employment (jobs) YoY | -0.9% |
| Building permits YoY | +150.0% |
| Ocean coast | 40 mi |
| Big lake | 97 mi |
| Mountains | 194 mi |
| Major airport | 41 mi |
| Ski resort | 185 mi |
Popular comparisons
Nearby
- Greenville, NC · 93k
- Rocky Mount, NC · 54k
- New Bern, NC · 33k
- Wilson, NC · 48k
- Havelock, NC · 18k
Similar size
- Lumberton, NC · 19k
- Lenoir, NC · 18k
- Pinehurst, NC · 18k
- Kinston, NC · 20k
- Mount Holly, NC · 18k
Real listings in Elizabeth City
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Elizabeth City a good place to run a business?
- North Carolina's corporate income tax rate is 2.25%; average weekly wages in the surrounding labor market run $988/wk; commercial electricity averages 10.6¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Elizabeth City, NC?
- Elizabeth City indexes at 82 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $979/mo and a acs median home value of $187,700.
- How much does a house cost in Elizabeth City?
- The acs median home value in Elizabeth City is $187,700 (Census ACS estimate; individual listings vary).
- How much is rent in Elizabeth City?
- A two-bedroom in Elizabeth City rents for about $979/mo.