All Countries
Morganton, NC
Full City Profile · North Carolina · Burke County County
2.8
/5.0
C+
Fair
17,541
Population
912/sq mi density
$49,434
Median Income
$26,668 per capita
$208,300
Home Value
$253,317 Zillow
$909
Median Rent
31.1% income on rent
58°F
Avg Temperature
301 sunny days/yr
496
Violent Crime/100K
3,710 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$49,434 median income, 2.0% unemployment
A
Affordability
4.3 / 5.0
$208,300 home value, $909/mo rent
F
Safety
1.0 / 5.0
496 violent crimes/100K (31% above avg)
C+
Education
2.8 / 5.0
23.0% bachelor's degree or higher
Income Overview
Median Household Income
$49,434
34% below
US avg: $75,149
Per Capita Income
$26,668
32% below
US avg: $39,052
Unemployment Rate
2.0%
44% below
US avg: 3.6%
Poverty Rate
24.3%
96% above
US avg: 12.4%
Income Comparison: Morganton vs. U.S. Average
Each bar shows Morganton’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$49,434
66%
Per Capita
US: $39,052
$26,668
68%
IRS Avg AGI
US: $72,000
$59,014
82%
Avg Weekly Wage
US: $1,432
$942
66%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$942
34% below US avg ($1,432)
Mean Commute Time
19 min
30% below US avg (28 min)
Work From Home
6.8%
55% below US avg (15.2%)
Drive Alone
75.9%
4% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$3,724M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
75.9%
Public Transit
0%
Work From Home
6.8%
Other
17.3%
Average commute time
19 minutes
US avg: 28 min
Business Landscape
Total Establishments
1,725
Restaurants
158
Healthcare
177
Retail
253
Manufacturing
111
Tax & Financial
IRS Avg Adjusted Gross Income
$59,014
18% below US avg ($72,000)
Avg Property Tax
$3,828
9% above US avg ($3,500)
Cost of Living Index
94.3
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $49,434 |
| Per Capita Income | $26,668 |
| IRS Avg Adjusted Gross Income | $59,014 |
| Avg Weekly Wage | $942 |
| County GDP | $3,724M |
Hardship Indicators
| Unemployment Rate | 2.0% |
| Poverty Rate | 24.3% |
| Gini Coefficient | 0.453 |
| Cost of Living Index | 94.3 |
Commute
| Mean Commute | 19 minutes |
| Drive Alone | 75.9% |
| Public Transit | 0.0% |
| Work From Home | 6.8% |
Businesses
| Total Establishments | 1,725 |
| Restaurants | 158 |
| Healthcare | 177 |
| Retail | 253 |
| Manufacturing | 111 |
Tax
| IRS Avg AGI | $59,014 |
| Avg Property Tax | $3,828 |