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Oak City, NC

Full City Profile · North Carolina · Martin County County

2.9 /5.0
C+ Fair
472 Population 472/sq mi density
$60,739 Median Income $23,436 per capita
$87,400 Home Value $80,762 Zillow
$950 Median Rent 23.8% income on rent
62°F Avg Temperature 301 sunny days/yr
1,250 Violent Crime/100K 3,056 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$60,739 median income, 1.0% unemployment
A+
Affordability
5.0 / 5.0
$87,400 home value, $950/mo rent
F
Safety
1.0 / 5.0
1,250 violent crimes/100K (229% above avg)
D
Education
1.6 / 5.0
7.0% bachelor's degree or higher

Income Overview

Median Household Income
$60,739
19% below
US avg: $75,149
Per Capita Income
$23,436
40% below
US avg: $39,052
Unemployment Rate
1.0%
72% below
US avg: 3.6%
Poverty Rate
2.5%
80% below
US avg: 12.4%

Income Comparison: Oak City vs. U.S. Average

Each bar shows Oak City’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$60,739
81%
Per Capita
US: $39,052
$23,436
60%
IRS Avg AGI
US: $72,000
$49,342
69%
Avg Weekly Wage
US: $1,432
$742
52%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$742
48% below US avg ($1,432)
Mean Commute Time
37 min
34% above US avg (28 min)
Work From Home
9.6%
37% below US avg (15.2%)
Drive Alone
87.0%
19% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$808M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 87%
Public Transit 0%
Work From Home 9.6%
Other 3.4%
Average commute time
37 minutes
US avg: 28 min

Business Landscape

Total Establishments
494
Restaurants
44
Healthcare
63
Retail
81
Manufacturing
12

Tax & Financial

IRS Avg Adjusted Gross Income
$49,342
31% below US avg ($72,000)
Avg Property Tax
$2,589
26% below US avg ($3,500)
Cost of Living Index
94.3
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$60,739
Per Capita Income$23,436
IRS Avg Adjusted Gross Income$49,342
Avg Weekly Wage$742
County GDP$808M

Hardship Indicators

Unemployment Rate1.0%
Poverty Rate2.5%
Gini Coefficient0.435
Cost of Living Index94.3

Commute

Mean Commute37 minutes
Drive Alone87.0%
Public Transit0.0%
Work From Home9.6%

Businesses

Total Establishments494
Restaurants44
Healthcare63
Retail81
Manufacturing12

Tax

IRS Avg AGI$49,342
Avg Property Tax$2,589