Cost of Living in Porters Neck, NC

Population 7,102 · North Carolina · Data vintage 2023

152
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Porters Neck sits on the smaller end of the North Carolina city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. Unemployment has stayed elevated relative to the national figure — 13.0% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Located 9 miles northeast of Wilmington, Porters Neck falls within that metro's commuting orbit. Median home values run roughly 50% higher than Wilmington's $350,000.

Cost Overview

Housing 172
Rent 121

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Porters Neck

The median home value in Porters Neck is $525,100 — 72% above the national median of $305,000. Median rent runs $1,591/month, 21% higher than the national median of $1,314/month. The median household income of $115,417/year is 55% higher than the US median of $74,580. The local unemployment rate is 13.0%, above the national average of 4.8%. North Carolina's top state income tax rate is 4.5% and the combined sales tax is 7.0%. The climate averages highs of 74.4°F and lows of 54.4°F. Overall, Porters Neck has a cost of living index of 152 versus the US average of 100, meaning it is 52% more expensive.

🏠 Housing

Median Home Value
$525,100
72% above avg
Median Rent
$1,591/mo
21% above avg
Price-to-Rent Ratio
27.5x
Favors renting
Property Tax Rate
0.8%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$826
1 BR
$860
2 BR
$1,049
3 BR
$1,384
4 BR
$1,637
Owner-occupied 79.3%
Renter-occupied 20.7%

💰 Estimated Monthly Budget

Rent median rent
$1,591
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,205/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
24.1 min
11% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
33.3%

Commute Mode

Drove alone
59.5%
Carpooled
5.9%
Work from home
33.3%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.5%
Total Sales Tax 7.0%
State rate 4.8%
Avg local rate 2.2%
Property Tax 0.8%

💼 Income & Employment

Median Household Income
$115,417
55% above avg
Per Capita Income
$67,559
Unemployment Rate
13.0%
171% above avg
Poverty Rate
2.3%
Labor Force Participation
52.5%

🎓 Education

Bachelor's degree+ 37.8%
Graduate degree 29.7%

👥 Demographics

Median Age 52
Male median age 49.4
Female median age 56.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
74.4°F
Avg Low
54.4°F
Annual Precip
60.1"
Annual Snowfall
0.9"
30° 45° 60° 75° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 576067758187908884766760
Low °F 363844536169737267564539
Precip" 3.813.473.973.074.545.676.868.168.694.663.563.69
Snow" 0.70.20.00.00.00.00.00.00.00.00.00.0

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 44 — Good
65.5%
Good air days/yr
142
Max AQI recorded
271
PM2.5 days
91
Ozone days

Frequently Asked Questions

What is the cost of living in Porters Neck, NC?

Porters Neck has a cost index of 152 (100 = national average). It is 52% above the national average.

What is average rent in Porters Neck, NC?

The median gross rent in Porters Neck is $1,591 per month based on 2023 Census data.

What is the average home price in Porters Neck?

The median home value in Porters Neck is $525,100 according to 2023 Census ACS data.

What is the median income in Porters Neck?

The median household income in Porters Neck is $115,417 per year (2023 ACS 5-year estimates).

What is the sales tax in Porters Neck, NC?

The combined state and local sales tax rate in Porters Neck is 7.0%. The North Carolina state income tax top rate is 4.5%.

Is Porters Neck, NC affordable?

Porters Neck is above average in cost of living, with an index of 152 — about 52% higher than the national average.

What is the weather like in Porters Neck?

Porters Neck has average high temperatures of 74.4°F and average lows of 54.4°F. Annual precipitation is 60.1". Average annual snowfall is 0.9". Data from NOAA 1991–2020 Climate Normals.

Porters Neck at a Glance

Population
7,102
Median Income
$115,417
Home Value
$525,100
Median Rent
$1,591/mo
Unemployment
13.0%
Avg High Temp
74.4°F
Sales Tax
7.0%
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Explore county-level cost of living data

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