HomeNorth CarolinaCarteret CountyMorehead City town
Morehead City town, North Carolina: commercial real estate data.
Morehead City town 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.
81 sourced place values · tier FULL · 9 sections · 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$1,790,000
- 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
A charge-off rate is not published here. only 3 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
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
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
- Listed NFIP communities1
- Of those, participating1
- Best Community Rating System classClass 5
- NFIP community number370048
- Currently effective map date11/03/05
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Carteret County, not Morehead City
Carteret County context, not Morehead City figures
These are Carteret County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Morehead City measurements.
- Establishments in Carteret County2,249
- Employment at those establishments, Carteret County21,789
- Covered employment, Carteret County25,022
- Average annual pay, Carteret County$45,708
- Average weekly wage, Carteret County$879
- Housing units permitted, Carteret County935
- Of those, single family, Carteret County559
- County product, 2024, Carteret County$3,739,380,000
- County product change over the prior year, Carteret County7.1 percent
- Average income of an arriving household, Carteret County$133,945
Every figure in this section is published for Carteret County as a whole and is not a measurement of Morehead City. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $10.7 m, across 14 lenders, median approval $350,000, plus 5 504 approvals worth $4.6 m. 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. 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 community 370048, carrying Community Rating System class 5, which is a premium discount for exceeding the programme 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 labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.