Groundwork

Real estate · Small-town market · North Carolina

Real estate businesses in the Morehead City, NC area

Competitor counts, household spending and official business counts for real estate businesses in the Morehead City, NC area, set against other small-town markets and the U.S.

Groundwork market score · out of 100

Score 33 out of 100: Lower middle

Ranked #484 of 536 scored small-town markets
#21 of 23 scored small-town markets based in North Carolina

Listings
218
8 chain locations (4%)
Official establishments
111
+27.6% since 2019
Household spending a year
$481.4M
On rent and homeowner costs · $15,054 a household
Housing spending per listing (U.S. = 100)
51
49% below the U.S.
Listings per 10k households
68.2
77% above the U.S.
Population, 2025
70,469
+4.1% since 2020

See the real estate businesses around any address in the Morehead City area

The site report maps the real estate businesses on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Morehead City area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

The Groundwork market score for real estate businesses in the Morehead City area is 33 (lower middle), #484 of 536 scored small-town markets and #21 of 23 scored small-town markets based in North Carolina. That puts it in the bottom quarter of small-town markets.

Household spending on rent and homeowner costs in the Morehead City area comes to about $481.4M a year: $15,054 per household, 10% below the U.S. average. Housing spending per office is 49% below the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money real estate businesses take in.

The Morehead City area has 218 real estate businesses on map listings as of September 2026. Chain locations make up 4% of them, against 6% across the U.S. That is 68.2 per 10,000 households, 77% above the U.S. rate of 38.5.

In 2023, official counts showed 111 businesses with payroll in the Morehead City area classed as real estate agents, property managers, mortgage lenders and inspectors, up 27.6% from 2019. That is one for every 288 households, against one for every 414 across the U.S. Population estimates show the Morehead City area grew 4.1% from 2020 to 2025, faster than the U.S. (+3.1%).

How the Morehead City area compares

The same measures for North Carolina and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.

Real estate in Morehead City, NC area compared with North Carolina and the U.S.
MeasureMorehead City areaNorth CarolinaU.S.
Listings per 10k households68.237.838.5
Housing spending per listing (U.S. = 100)5192100
Households per official establishment288378414
Official establishment growth, 2019–2023+27.6%+20.8%+15.8%
Population growth, 2020–2025+4.1%+7.2%+3.1%
Spending per household on rent and homeowner costs$15,054$15,139$16,661
Median household income$72,322$72,388$80,734
Groundwork market score3340

Official counts and lending

Businesses

Official establishments, 2019 to 2023
111+27.6% over the period
Employees, 2023
532
Annual payroll, 2023
$26.1M
One-person businesses, 2023
640Businesses with no payroll
Map listings, September 2026
2188 chain locations
Listings at the U.S. rate for this spending
111The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as real estate agents, property managers, mortgage lenders and inspectors in the Morehead City area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Morehead City area

Population, 2025 estimate
70,469+4.1% since 2020
Households
31,977
Median age
49.5
Homes lived in by their owners
75%
Vehicles per household
1.9
Land area
508 sq. mi.
People per square mile
136
Median household income
$72,322+26.5% vs. 2015–2019, before inflation
Average household income
$99,351
Median home value
$333,300
Jobs located here
23,748
Daytime population
65,592Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Morehead City area?

These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the real estate businesses on map listings by name and distance.

Or open the report at the center of the Morehead City area. Signed out, you see a blurred preview; on an account, each report is one action.

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Real estate across North Carolina

Every North Carolina market ranked →

The highest-scoring small-town markets in North Carolina for real estate businesses, numbered among those based in North Carolina, with the Morehead City area marked.

Top small-town markets in North Carolina

Small-town markets in North Carolina ranked for real estate businesses by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Anderson Creek, NC698116.3207+12.3%#55 of 536
2Lumberton, NC66429.7292+3.4%#73 of 536
3North Wilkesboro, NC662910.7279+0.6%#74 of 536
4Kinston, NC603213.7214+1.4%#129 of 536
5Shelby-Kings Mountain, NC606316.2194+3.4%#131 of 536
6Laurinburg, NC591511.9248−0.3%#139 of 536
7Elizabeth City, NC555232.999+4.5%#202 of 536
8Roanoke Rapids, NC54269.2321−4.3%#203 of 536
9Mount Airy, NC536120.4152+1.3%#229 of 536
10Albemarle, NC535722.6143+9.8%#231 of 536
21Morehead City, NC3321868.251+4.1%#484 of 536

Other business types in the Morehead City area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many real estate businesses are in the Morehead City, NC area?

Map listings as of September 2026 show 218 real estate businesses in the Morehead City area. 8 of them (4%) are chain locations. The listings count real estate agents and brokers, property managers, mortgage brokers and lenders, and home inspectors. Official counts show 111 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in 2023, up 27.6% from 2019. Official counts also show 640 one-person businesses without payroll.

How much do households in the Morehead City, NC area spend on rent and homeowner costs?

About $481.4M a year, or $15,054 per household. That is 10% below the U.S. average (an index of 90, where 100 is the U.S. average). For the 218 real estate businesses on map listings, housing spending per office is 49% below the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money real estate businesses take in. It is estimated from the incomes of the 31,977 households in the Morehead City area and national spending patterns by income.

How does the Morehead City, NC area compare with the U.S. for real estate businesses?

The Morehead City area has 68.2 real estate businesses per 10,000 households, 77% above the U.S. rate of 38.5. The index of housing spending per office is 51, where 100 is the U.S. At the U.S. ratio of real estate businesses to household spending, the Morehead City area would have about 111, against 218 on map listings. There is one business with payroll in the industry for every 288 households, against one for every 414 across the U.S. The official count rose 27.6% from 2019 to 2023, against +15.8% for the U.S.

How fast is the Morehead City, NC area growing?

Population estimates put the Morehead City area at 70,469 people in 2025, up 4.1% since 2020, faster than the U.S. (+3.1%). It has 31,977 households. Median household income in the Morehead City area is $72,322, 10% below the U.S. median of $80,734. Against the 2015–2019 survey, the median rose 26.5%, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Morehead City area scores 33 for real estate businesses (lower middle), #484 of 536 scored small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Morehead City area. It maps the real estate businesses on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for real estate businesses · All 56 business types in the Morehead City area

Screening a site or an acquisition in the Morehead City area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Morehead City area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.