HomeNorth CarolinaHalifax County
Halifax County, North Carolina: commercial real estate data.
Halifax County, North Carolina had an estimated 46,992 residents on July 1, 2024, down 3.4 percent since the 2020 census base of 48,622, across 724 square miles. County output reached $1.94 bn in 2024, 934 establishments operate here, and the SBA record carries 22 7(a) approvals worth $25.0 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Halifax County
How many people live in Halifax County
- Population, American Community Survey 2020-202447,675
- Households20,383
- Average household size2.34
- Median household income$45,590
- Median age43.6
- Median gross rent$813 per month
- Median owner-occupied home value$106,200
- Home value to household income2.3 times
- Annual rent as a share of median income21.4 percent
- Adults 25 and over with a bachelor degree or higher16.1 percent
- Adults 25 and over with a graduate degree5.2 percent
- Adults 25 and over34,064
- Population under 1810,113
- Share under 1821.2 percent
- Population 65 and over10,515
- Share 65 and over22.1 percent
- Working age population, 18 to 6427,047
- Civilian labor force20,219
- Unemployment rate9.3 percent
- Labor force participation, adults 18 and over53.8 percent
- Rank by population among North Carolina counties54th of 100
- Rank by population among US county-equivalents, Puerto Rico included1048th of 3,222
Halifax County is the 54th largest of 100 North Carolina counties by population. A median home costs 2.3 times median household income, which is affordable by national standards. Residents 65 and over outnumber those under 18, at 22.1 percent against 21.2 percent, which points demand at health care, services and single story product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Halifax County
Is Halifax County's population growing?
- Population, July 1, 202446,992
- Census 2020 base population48,622
- Population change since the 2020 census base-3.35 percent
- Population change, 2023 to 2024-76
- Births, 2024512
- Deaths, 2024713
- Natural change, 2024-201
- Net domestic migration, 202446
- Net international migration, 202480
- Total net migration, 2024126
- Cumulative net domestic migration, 2021 to 2024-565
- Rank by growth among US county-equivalents2798th of 3,144
The county has lost 3.35 percent of its population since the 2020 census base. Deaths exceeded births in 2024 by more than net migration added, so the population fell even though more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Halifax County
Where are people moving to Halifax County from?
- Tax returns filed by households arriving864
- People arriving, from those returns1,635
- Tax returns filed by households leaving987
- Net household movement-123
- Adjusted gross income arriving$40.1 m
- Net adjusted gross income movement$-1.7 m
- Average income of an arriving household$46,453
- Average income of a leaving household$42,371
- Largest single originNorthampton County (122 households)
- Largest single destinationNash County (126 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Northampton County | 122 | 272 | $4.2 m |
| Nash County | 78 | 146 | $3.3 m |
| Wake County | 77 | 136 | $5.0 m |
| Warren County | 38 | 85 | $1.4 m |
| Edgecombe County | 36 | 73 | $1.0 m |
| Pitt County | 24 | 42 | $881,000 |
Households arriving report $4,082 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Northampton County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Halifax County
What is the Halifax County economy?
- County GDP, 2024$1.94 bn
- County GDP, 2023$1.84 bn
- GDP change, 2023 to 20245.0 percent
- GDP change over five years28.3 percent
- Rank by GDP among the North Carolina areas BEA publishes62nd of 100
- Rank by GDP among the US county areas BEA publishes1309th of 3,127
- GDP per resident$40,615
Output grew 5.0 percent in the latest year and 28.3 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Halifax County
Employment by industry in Halifax County
- Covered employment, annual average15,156
- Establishments reporting1,094
- Average annual pay$47,039
- Average weekly wage$905
- Manufacturing, employment2,189
- Manufacturing, average annual pay$58,920
- Retail trade, employment2,101
- Retail trade, average annual pay$37,799
- Health care and social assistance, employment2,037
- Health care and social assistance, average annual pay$42,871
- Accommodation and food services, employment1,980
- Accommodation and food services, average annual pay$19,630
- Construction, employment639
- Administrative and support and waste management services, employment506
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 2,189 | 35 | $58,920 |
| Retail trade | 2,101 | 203 | $37,799 |
| Health care and social assistance | 2,037 | 132 | $42,871 |
| Accommodation and food services | 1,980 | 108 | $19,630 |
| Construction | 639 | 74 | $63,805 |
| Administrative and support and waste management services | 506 | 56 | $42,899 |
| Other services, except public administration | 422 | 81 | $40,743 |
| Wholesale trade | 395 | 33 | $66,394 |
Manufacturing is the largest private sector at 2,189 jobs, 14.4 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Halifax County
How many businesses are in Halifax County?
- Establishments, all industries934
- Employment at those establishments12,340
- Annual payroll$516.4 m
- Establishments per 1,000 residents19.6
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Halifax County
Building permits in Halifax County
- Housing units authorized by permit, 202455
- Declared construction value permitted$21.1 m
- Single family units authorized55
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$382,894
- Units authorized per 1,000 households2.7
Single-family homes are 100.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Halifax County
SBA loans in Halifax County (7(a) and 504)
- 7(a) approvals recorded22
- 7(a) gross approval dollars$25.0 m
- Average 7(a) approval$1,135,718
- Median 7(a) approval$595,000
- 10th percentile approval$102,750
- 90th percentile approval$3,689,920
- Largest single approval$4,157,500
- Jobs reported supported, 7(a)274
- Jobs per approval12.5
- Distinct 7(a) lenders active13
- Distinct industries receiving approvals15
- Median 7(a) term210 months
- Share of loans on real estate terms, 240 months or longer50.0 percent
- Loans on real estate terms11
- Loans on working capital terms, 120 months or shorter8
- Franchise loans8
- Franchise share of approvals36.4 percent
- Leading industry by approval countHotels (except Casino Hotels) and Motels (4)
- 504 approvals recorded1
- 504 gross approval dollars$1.5 m
- Average 504 approval$1,515,000
- Median 504 approval$1,515,000
- Distinct CDCs active1
- 504 jobs per approval4.0
- 504 jobs per million dollars approved2.6
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$26.5 m
The average approval of $1,135,718 sits well above the median of $595,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. 50.0 percent of approvals run on real estate terms of 240 months or more, so this is a market where SBA credit is buying buildings, not just funding operations.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Halifax County
SBA loan default and charge-off rates in Halifax County
Do SBA loans in Halifax County get paid back?
- Loans with a final outcome recorded3
- Paid in full3
- Charged off0
- Status: Paid in full3
- Status: Exempt from disclosure16
- Status: Cancelled3
Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Halifax County
SBA lending by place in Halifax County
- Borrower cities with recorded lending5
- Roanoke Rapids, approvals15
- Scotland Neck, approvals3
- Littleton, approvals2
- Weldon, approvals1
- Enfield, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Roanoke Rapids | 15 | $21,654,300 |
| Scotland Neck | 3 | $541,500 |
| Littleton | 2 | $440,000 |
| Weldon | 1 | $1,500,000 |
| Enfield | 1 | $850,000 |
Roanoke Rapids accounts for 15 approvals against 3 in Scotland Neck. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Halifax County
How large is Halifax County?
- Land area724 sq mi
- Rank by land area among North Carolina counties14th of 100
- Width, east to west43.3 mi
- Height, north to south34.7 mi
- Geographies sharing a boundary6
- Residents per square mile of land66
- Establishments per square mile1.29
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Halifax County
Flood risk in Halifax County
- Participation of the county's own NFIP community Halifax County, unincorporated areasParticipating, community 370327
- Communities in the county in the NFIP Community Status Book8
- Of those, participating in the NFIP7
- NFIP participation rate87.5 percent
- Communities carrying a CRS class0
- Radon levels in Halifax County, EPA zone predicted average indoor radon screening level less than 2 pCi/LZone 3
The county's own community in the status book, unincorporated Halifax County (community 370327), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Halifax County in radon zone 3, a predicted average indoor radon screening level less than 2 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 87.5 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, 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 →
Feasibility studies
When a Halifax County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Halifax County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202447,675
- Households20,383
- Average household size2.34
- Median household income$45,590
- Median age43.6
Common questions
Halifax County questions, answered from the record.
How many people live in Halifax County, North Carolina?
The Census Bureau estimates 46,992 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 47,675, in 20,383 households, ranking 54th of 100 North Carolina counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Halifax County's population growing?
The population has fallen 3.35 percent since the 2020 census base of 48,622, to 46,992 on July 1, 2024. In 2024 there were 512 births against 713 deaths, with net migration of 126. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Halifax County?
$45,590. The median owner-occupied home is valued at $106,200, which is 2.3 times income, and median gross rent is $813 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Halifax County?
934 establishments, employing 12,340 people with an annual payroll of $516.4 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Halifax County?
Manufacturing is the largest private sector at 2,189 jobs, 14.4 percent of covered employment. Covered employment averages 15,156 jobs at an average annual pay of $47,039, or $905 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Halifax County?
22 7(a) approvals totaling $25.0 m since FY2020, across 13 lenders, with a median approval of $595,000, plus 1 504 approvals worth $1.5 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Halifax County?
55 housing units were authorized by permit in 2024, with a declared construction value of $21.1 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Halifax County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Halifax County come from?
The largest single origin is Northampton County, with 122 households. Arriving households report an average income of $46,453 against $42,371 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Halifax County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Halifax County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Halifax County
Cities and places in Halifax.
10 Census places lie wholly or partly in Halifax County. All 10 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Roanoke Rapids | city | 14,856 | 15 | Wholly in this county |
| South Rosemary | CDP | 2,475 | None recorded | Wholly in this county |
| Enfield | town | 2,153 | 1 | Wholly in this county |
| Scotland Neck | town | 2,006 | 3 | Wholly in this county |
| Weldon | town | 1,642 | 1 | Wholly in this county |
| Hollister | CDP | 819 | None recorded | Wholly in this county |
| Littleton | town | 549 | 2 | Wholly in this county |
| South Weldon | CDP | 500 | None recorded | Wholly in this county |
| Halifax | town | 294 | None recorded | Wholly in this county |
| Hobgood | town | 207 | None recorded | Wholly in this county |