HomeNorth CarolinaNew Hanover CountyWilmington city
Wilmington city, North Carolina: commercial real estate data.
Wilmington city is a Census city of 120,805 people across 51.37 square miles of land, in New Hanover County. Median household income is $66,738, 47.6 percent of occupied homes are owned, and the SBA record carries 335 7(a) approvals to borrowers here worth $230.8 m.
82 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Wilmington
What Wilmington is
- Census place typecity
- Land area51.37 sq mi
- Water area1.61 sq mi
- Population per square mile of land2,352
- County holding the largest share of its areaNew Hanover 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.
Wilmington
How many people live in Wilmington
- Population120,805
- Median age37.1
- Population under 1819,843
- Share under 1816.4 percent
- Population 65 and over22,030
- Share 65 and over18.2 percent
- Households56,612
- Family households26,363
- Share of households that are families46.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wilmington
Income and work in Wilmington
- Median household income$66,738
- Per capita income$49,405
- Civilian labor force68,546
- Employed65,608
- Unemployed2,938
- Unemployment rate4.3 percent
- Adults 25 and over81,633
- Adults 25 and over with a high school diploma or higher94.1 percent
- Adults 25 and over with a bachelor degree or higher46.8 percent
- Adults 25 and over with a graduate degree16.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wilmington
Housing in Wilmington
- Housing units62,836
- Occupied units56,612
- Vacant units6,224
- Vacancy rate9.9 percent
- Owner occupied26,972
- Renter occupied29,640
- Ownership rate47.6 percent
- Median owner-occupied home value$383,800
- Median gross rent, monthly$1,395
- Annual rent as a share of median income25.1 percent
- Single family units35,499
- Share single family56.5 percent
- Units in buildings of two or more26,330
- Share in buildings of two or more41.9 percent
- Mobile homes969 plus or minus 257
- Median year structure built1989
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wilmington
How Wilmington gets to work
- Workers 16 and over who commute52,075
- Commuting under 15 minutes20,640
- Share commuting under 15 minutes39.6 percent
- Commuting 30 minutes or more8,052
- Share commuting 30 minutes or more15.5 percent
- Drove alone69.6 percent
- Carpooled6.0 percent
- Public transport0.3 percent plus or minus 0.2
- Walked2.2 percent plus or minus 0.6
- Worked from home19.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wilmington
SBA loans in Wilmington (7(a))
- Approvals335
- Gross approval$230,786,500
- Average approval$688,915
- Median approval$349,000
- Ninetieth percentile approval$2,000,000
- Largest approval$5,000,000
- Jobs supported4,113
- Jobs per approval12.3
- Loans with a final outcome58
- Paid in full56
- Charged off2
- Charge-off rate over resolved loans3.4 percent
- Median term120 months
- Share on real estate terms of 20 years or more20.3 percent
- Share to franchises18.2 percent
- Distinct lenders69
- Distinct industries by NAICS147
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Wilmington
SBA loans in Wilmington (504)
- Approvals59
- Gross approval$57,502,000
- Average approval$974,610
- Median approval$505,000
- Largest approval$5,493,000
- Jobs supported569
- Loans with a final outcome17
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term240 months
- Distinct CDCs7
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Wilmington
Flood risk in Wilmington
- Listed NFIP communities1
- Of those, participating1
- NFIP community number370171
- Currently effective map date08/28/18
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
New Hanover County, not Wilmington
New Hanover County context, not Wilmington figures
These are New Hanover County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Wilmington measurements.
- Establishments in New Hanover County8,710
- Employment at those establishments, New Hanover County121,389
- Covered employment, New Hanover County130,464
- Average annual pay, New Hanover County$61,611
- Average weekly wage, New Hanover County$1,185
- Housing units permitted, New Hanover County2,581
- Of those, single family, New Hanover County1,296
- County product, 2024, New Hanover County$21,041,119,000
- County product change over the prior year, New Hanover County5.9 percent
- Average income of an arriving household, New Hanover County$86,710
Every figure in this section is published for New Hanover County as a whole and is not a measurement of Wilmington. 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
Wilmington questions, answered from the record.
How many people live in Wilmington, North Carolina?
120,805, in 56,612 households. Wilmington city covers 51.37 square miles of land, which is 2,352 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Wilmington in?
New Hanover 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 Wilmington?
$66,738. The median owner-occupied home is valued at $383,800. Median gross rent is $1,395 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Wilmington businesses?
335 7(a) approvals totalling $230.8 m, across 69 lenders, median approval $349,000, plus 59 504 approvals worth $57.5 m. These count approvals to borrowers whose address is in Wilmington, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Wilmington borrowers get paid back?
Of the 58 loans that have reached a final outcome, 56 were paid in full and 2 charged off, a charge off rate of 3.4 percent. Loans still running are excluded because they have not yet succeeded or failed.
Is Wilmington in the National Flood Insurance Program?
Yes. Wilmington appears in the FEMA Community Status Book as community 370171, with no Community Rating System class, so no CRS discount applies. 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 Wilmington figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for New Hanover 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 Wilmington.
Is zoning published for Wilmington?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.