HomeNorth CarolinaCarteret CountyMorehead City
Morehead City, North Carolina: commercial real estate data.
Morehead City is a Census town of 9,806 people across 7.41 square miles of land, in Carteret County. Median household income is $56,233, 46.7 percent of occupied homes are owned, and the SBA record carries 20 7(a) approvals to borrowers here worth $10.7 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Morehead City
What Morehead City is
- Census place typetown
- Land area7.41 sq mi
- Water area3.17 sq mi
- Population per square mile of land1,323
- County holding the largest share of its areaCarteret County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Morehead City
How many people live in Morehead City
- Population9,806
- Median age44.2
- Population under 181,727
- Share under 1817.6 percent
- Population 65 and over2,223
- Share 65 and over22.7 percent
- Households5,169
- Family households2,484
- Share of households that are families48.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Morehead City
Income and work in Morehead City
- Median household income$56,233
- Per capita income$43,126
- Civilian labor force4,871
- Employed4,776
- Unemployed95 plus or minus 56
- Unemployment rate2.0 percent plus or minus 1.1
- Adults 25 and over7,195
- Adults 25 and over with a high school diploma or higher90.2 percent
- Adults 25 and over with a bachelor degree or higher35.6 percent
- Adults 25 and over with a graduate degree11.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Morehead City
Housing in Morehead City
- Housing units6,449
- Occupied units5,169
- Vacant units1,280
- Vacancy rate19.8 percent
- Owner occupied2,413
- Renter occupied2,756
- Ownership rate46.7 percent
- Median owner-occupied home value$357,400
- Median gross rent, monthly$1,134
- Annual rent as a share of median income24.2 percent
- Single family units3,771
- Share single family58.5 percent
- Units in buildings of two or more2,361
- Share in buildings of two or more36.6 percent
- Mobile homes312 plus or minus 99
- Median year structure built1984
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Morehead City
How Morehead City gets to work
- Workers 16 and over who commute4,117
- Commuting under 15 minutes1,914
- Share commuting under 15 minutes46.5 percent
- Commuting 30 minutes or more901 plus or minus 238
- Share commuting 30 minutes or more21.9 percent plus or minus 5.5
- Drove alone81.9 percent
- Carpooled3.5 percent plus or minus 1.7
- Public transport0.4 percent plus or minus 0.7
- Walked1.3 percent plus or minus 0.8
- Worked from home12.1 percent plus or minus 3.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Morehead City
SBA loans in Morehead City (7(a))
- Approvals20
- Gross approval$10,678,500
- Average approval$533,925
- Median approval$350,000
- Ninetieth percentile approval$1,287,800
- Largest approval$1,983,000
- Jobs supported149
- Jobs per approval7.5
- Loans with a final outcome3
- Paid in full3
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more25.0 percent
- Share to franchises0.0 percent
- Distinct lenders14
- Distinct industries by NAICS18
Counted by borrower city: approvals to borrowers whose address is in Morehead City, in any county, FY2020 to FY2026. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Morehead City
SBA loans in Morehead City (504)
- Approvals5
- Gross approval$4,592,000
- Average approval$918,400
- Median approval$568,000
- Largest approval$1,966,000
- Jobs supported113
- Loans with a final outcome2
- Charged off0
- Median term240 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Morehead City, in any county, FY2010 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Morehead City
Flood risk in Morehead City
- NFIP communityTown of Morehead City
- NFIP community number370048
- Participating in the NFIPYes
- Community Rating System classClass 5
- Currently effective map date11/03/05
The Town of Morehead City participates in the National Flood Insurance Program as community 370048 and carries Community Rating System class 5, a flood insurance premium discount for policies written there.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Carteret County, not Morehead City
Carteret County context, not Morehead City figures
- Establishments in Carteret County2,249
- Covered employment, Carteret County25,022
- Average annual pay, Carteret County$45,708
- Housing units permitted, Carteret County935
Every figure in this section is published for Carteret County as a whole and is not a measurement of Morehead City.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Morehead City questions, answered from the record.
How many people live in Morehead City, North Carolina?
9,806, in 5,169 households. Morehead City town covers 7.41 square miles of land, which is 1,323 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Morehead City in?
Carteret County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Morehead City?
$56,233. The median owner-occupied home is valued at $357,400. Median gross rent is $1,134 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Morehead City businesses?
20 7(a) approvals totaling $10.7 m since FY2020, across 14 lenders, median approval $350,000, plus 5 504 approvals worth $4.6 m since FY2010. These count approvals to borrowers whose address is in Morehead City, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Morehead City borrowers get paid back?
No rate is published for Morehead City. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Morehead City in the National Flood Insurance Program?
Yes. Morehead City appears in the FEMA Community Status Book as Morehead City, town of, community 370048, carrying Community Rating System class 5, which is a premium discount for exceeding the program minimum. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Morehead City figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Carteret County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Morehead City.
Is zoning published for Morehead City?
No. Nothing on this page presents parcel level zoning.