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Craven County · North Carolina · South · 33k residents

New Bern, NC: economy, jobs & business costs

The site-selection read on New Bern: 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 $1,099/wk. North Carolina's corporate income tax rate is 2.25%. Commercial electricity averages 10.6¢/kWh.

Compare New Bern side by side

Avg. weekly wage

$1,099/wk

lower than 85% of US cities

Corporate income tax

2.25%

lower than 85% of US cities

Bachelor's degree or higher

29.4%

23% vs state medianhigher than 39% of US cities

Commercial electricity

10.6¢/kWh

cheaper than 75% of US cities

Economic momentum

How fast New Bern's economy is moving, ranked against the US cities we track.

32/100

Cooling

Jobs: -1.2% (bottom 11%)Residential permits: +2.0% (near US average)
Momentum holding · over 4 yr

Ranks New Bern'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.

All facets · New Bern
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Real listings in New Bern

LoopNetCrexiCommercialCafe

Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.

Questions & answers
Is New Bern 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 $1,099/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 New Bern, NC?
New Bern indexes at 86 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,074/mo and a acs median home value of $240,100.
How much does a house cost in New Bern?
The acs median home value in New Bern is $240,100 (Census ACS estimate; individual listings vary).
How much is rent in New Bern?
A two-bedroom in New Bern rents for about $1,074/mo.