Craven County, NC
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 35.12, -77.08.
Assembled 2026-10-06. Read the brief.
- 63rd pct · 1,130th of 3,063 US counties · median $234,566
- 50th pct · 50th of 100 North Carolina counties · median $273,108
- 40th pct · 1,809th of 3,063 US counties · median +2.9%
- 64th pct · 36th of 100 North Carolina counties · median +1.1%
- 56th pct · 610th of 1,399 US counties · median $1,496
- 48th pct · 33rd of 63 North Carolina counties · median $1,573
- 80th pct · 613th of 3,221 US counties · median 8,232
- 74th pct · 26th of 100 North Carolina counties · median 16,739
- 71st pct · 930th of 3,221 US counties · median $1,039
- 82nd pct · 18th of 100 North Carolina counties · median $984
- 56th pct · 1,339th of 3,063 US counties · median 4.3
- 40th pct · 60th of 100 North Carolina counties · median 5.0
Typical home value divided by the average annual wage of one covered job.
A percentile here is a min-max scaling of average rank: the smallest published value in the cohort is 0 and the largest is 100, and tied values share the average of the ranks they span. It is not the share of entities below the value, so 0 means smallest, not none below. Entities that did not publish the metric are outside the cohort entirely and are counted in neither the rank nor its denominator.
Home values #
Typical home $275,758 (Aug 2026), +2.2% over one year, +37.7% over five
- 63rd pct · 1,130th of 3,063 US counties · median $234,566
- 50th pct · 50th of 100 North Carolina counties · median $273,108
| Item | Value | Distance |
|---|---|---|
| Craven County, NC | $275,758 · +2.2% 1-yr |
Zillow Home Value Index (ZHVI), typical value of homes in the 35th to 65th percentile, smoothed and seasonally adjusted; a model estimate of value, not a sale price. Data through Zillow Research.
Rents #
Typical rent $1,569/mo (Aug 2026), +3.5% over one year; price-to-rent 14.6
- 56th pct · 610th of 1,399 US counties · median $1,496
- 48th pct · 33rd of 63 North Carolina counties · median $1,573
| Item | Value | Distance |
|---|---|---|
| Craven County, NC | $1,569/mo · +3.5% 1-yr |
Zillow Observed Rent Index (ZORI), smoothed, all homes and multifamily; price-to-rent = typical home / (typical rent × 12).
What the typical home costs to carry #
Principal and interest of $1,509 a month on $275,758 at 7.28%, against an average weekly wage worth $5,014 a month: 30.1% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $275,758 × 80% = $220,606, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $1,509/mo principal and interest
- wage share = payment / (avg weekly wage $1,157 × 52 / 12 = $5,014) = 30% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $275,758 / ($1,157 × 52) = 4.6
- price-to-rent = $275,758 / ($1,569 × 12) = 14.6
The wage is one covered job’s average, not a household’s income, so this is the share of a single paycheque and not a mortgage underwriting ratio.
Estimate. Principal and interest on the typical home with 20% down over 30 years at this week's Freddie Mac average rate; compared with the average weekly wage of all jobs covered by unemployment insurance in the area (BLS QCEW), which is pay per job, not household income.
Jobs & wages #
39,508 jobs at 2,742 employers (2026 Q1); -2.5% jobs and +5.8% average weekly wage over the year
- 80th pct · 613th of 3,221 US counties · median 8,232
- 74th pct · 26th of 100 North Carolina counties · median 16,739
| Item | Value | Distance |
|---|---|---|
| Craven County, NC | 39,508 jobs · $1,157/wk · -2.5% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Retail trade | 4,842 | $701 | 1.26 | -6.9% |
| Health care and social assistance | 4,773 | $1,005 | 0.80 | +2.8% |
| Accommodation and food services | 4,029 | $410 | 1.14 | -2.0% |
| Manufacturing | 3,483 | $1,552 | 1.10 | -0.5% |
| Professional and technical services | 1,687 | $1,527 | 0.62 | -16.8% |
| Administrative and waste services | 1,459 | $932 | 0.65 | +0.0% |
| Construction | 1,398 | $1,097 | 0.67 | +0.0% |
| Transportation and warehousing | 1,054 | $1,205 | 0.63 | +30.3% |
| Other services | 855 | $690 | 0.72 | +4.0% |
| Wholesale trade | 583 | $1,542 | 0.39 | -2.8% |
| Finance and insurance | 558 | $1,807 | 0.35 | -2.1% |
| Arts, entertainment and recreation | 518 | $381 | 0.80 | +1.8% |
BLS Quarterly Census of Employment and Wages, all ownerships, total covered employment in the quarter's third month; over-the-year changes as published. Suppressed cells stay blank.
Drought #
D0 abnormally dry
Sites found: 5, searched within 0 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 0 km away are not.
US Drought Monitor current week; the highest class of any polygon containing the point.
Reservoirs #
Surface water layer not loaded
Sites found: 0, searched within 150 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 150 km away are not.
Σ(capacity × percent full) / Σ capacity over TWDB reservoirs within 150 km. Texas only; elsewhere USGS reservoir elevation/storage is listed without a capacity to normalise by.
Stream gauges #
Surface water layer not loaded
Sites found: 0, searched within 75 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 75 km away are not.
USGS latest readings screened against EPA freshwater criteria (DO ≥ 5 mg/L, pH 6.5–9, conductance, turbidity, temperature); NWS flood categories where a NWPS gauge is co-located.
Groundwater #
No USGS monitoring wells within 75 km (or above 1,500 km)
Sites found: 0, searched within 75 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 75 km away are not.
USGS latest daily water levels. A single latest reading says where the table is, not which way it is moving; select a well for its 365-day trace.
Water stress #
low (0.00)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.00 / 0.35
Banks & federal dollars #
$1.9 bn in deposits at 18 offices of 9 banks (SOD June 2026); HHI 2,364, highly concentrated. $1.2 bn federal obligations in FY2026 (direct payments $925.2 m, contracts $214.0 m), $29,743 per covered job
| Item | Value | Distance |
|---|---|---|
| First-Citizens Bank & Trust Company | $611.6 m · 33.0% share · 4 offices | |
| Truist Bank | $567.3 m · 30.6% share · 4 offices | |
| Wells Fargo Bank, National Association | $289.8 m · 15.6% share · 2 offices | |
| Craven, NC | $1.2 bn FY2026 · $29,743/job | |
| MULTIPLE RECIPIENTS | $902.0 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| First-Citizens Bank & Trust Company | $611,641,000 | 33.0% | 4 |
| Truist Bank | $567,261,000 | 30.6% | 4 |
| Wells Fargo Bank, National Association | $289,762,000 | 15.6% | 2 |
| Bank of America, National Association | $111,074,000 | 6.0% | 1 |
| First National Bank of Pennsylvania | $83,670,000 | 4.5% | 1 |
| United Bank | $74,060,000 | 4.0% | 2 |
| PNC Bank, National Association | $57,958,000 | 3.1% | 1 |
| Southern Bank and Trust Company | $51,135,000 | 2.8% | 1 |
| Woodforest National Bank | $5,395,000 | 0.3% | 2 |
Deposit concentration is 2,364 across 9 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.
HHI = Σ (share %)² over 9 banks with deposits in the county = 33.0² + 30.6² + 15.6² + … (6 more) = 2,364
FDIC Summary of Deposits: deposits at every insured office as of June 30, annual; HHI is the sum of squared county deposit shares (DOJ 1995 bank merger screen: 1000 / 1800). USAspending: obligations by place of performance for the latest complete federal fiscal year (Oct 1 to Sep 30), what agencies committed, not what they paid out; recipients are legal entities. Per-job divides obligations by BLS QCEW covered employment.
Federal obligations #
USAspending place-of-performance obligations for FY2026, by awarding agency.
| Awarding agency | Obligations |
|---|---|
| Social Security Administration | $634,655,978 |
| Department of Veterans Affairs | $265,318,713 |
| Department of Defense | $177,915,486 |
| General Services Administration | $32,691,327 |
| Department of Transportation | $30,471,665 |
| Department of Housing and Urban Development | $14,297,453 |
| Department of Agriculture | $8,726,696 |
| Department of Education | $5,977,511 |
| Railroad Retirement Board | $2,540,731 |
| Department of Health and Human Services | $1,486,120 |
| Department of Homeland Security | $470,431 |
| Federal Trade Commission | $238,591 |
That is $29,743 per covered job, against 39,508 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $1.2 bn / 39,508 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $29,743
USAspending obligations are recorded where the work is performed, so a prime award performed here is counted here even when the recipient is headquartered elsewhere. Recipients are legal entities, never people.
National context, not this county #
These are United States, single-gauge, single-state and port series. None of them is keyed to this county.
| Series | Latest | As of | Change |
|---|---|---|---|
| Mississippi River at Memphis, stage · ft | not published | not published | |
| Mississippi River at St. Louis, stage · ft | not published | not published | |
| Ohio River at Louisville, stage · ft | 12.69 | 2026-10-05 | +3.3% |
| Missouri River at St. Joseph, stage · ft | not published | not published | |
| Colorado River below Hoover Dam, flow (Hoover releases) · ft³/s | 5,170.00 | 2026-02-05 | -25.3% |
| Texas reservoirs, statewide percent full · % | 72.60 | 2026-10-06 | +0.0% |
| Laredo truck crossings, monthly · trucks | 258,700.00 | 2026-08-01 | -0.4% |
| Los Angeles + Long Beach container volume, annual · TEU | 10,513,167.00 | 2023-01-01 | -13.5% |
| Containerships waiting for a berth, all US ports · ships | 6.00 | 2026-09-22 | -14.3% |
| Shanghai to Los Angeles container rate · $ per 40 ft box | 6,830.00 | 2026-08-01 | +7.4% |
| US diesel retail price · $ per gallon | unavailable | not published | |
| WTI crude oil, spot · $ per barrel | 96.16 | 2026-09-29 | -3.2% |
| 30-year fixed mortgage rate · % | 7.28 | 2026-10-01 | +3.6% |
| Housing starts, annual rate · thousands of units | 1,275.00 | 2026-08-01 | -2.6% |
| Building permits, annual rate · thousands of units | 1,403.00 | 2026-08-01 | -2.1% |
| Case-Shiller US home price index · index, Jan 2000 = 100 | 337.31 | 2026-07-01 | +0.1% |
| Unemployment rate · % | 4.20 | 2026-09-01 | +2.4% |
| US goods and services trade balance, monthly · $ millions | -105,572.00 | 2026-08-01 | -13.7% |
| Retail sales excluding food services, monthly · $ millions | 646,347.00 | 2026-08-01 | +1.1% |
The indicator registry has no county-keyed series and no geographic selection: every entry is national, a named gauge, a single state or a port. They are here as the backdrop the county's own numbers move against, and they are never this county's readings.
What changed #
Craven County, NC: 5 findings, 1 at a watch level and 4 noted
watchCraven County, NC's covered employment is -2.5% against a year earlier, a watch level here: covered employment below the same quarter a year earlier (BLS QCEW over-the-year percent change, as published; not an official level). The previous published period is not in this table, so this is a standing level rather than a change.
Period 2026 Q1.Show the arithmetic
- test: jobs.yoy.emp = -2.5 < 0
BLS QCEW over-the-year percent change, as published; not an official level
noteCraven County, NC's average weekly wage was 5.8% higher than the same quarter a year earlier in 2026 Q1, on BLS QCEW's published over-the-year change.
Period 2026 Q1.Show the arithmetic
- +5.8 % = BLS QCEW over-the-year percent change for 2026 Q1, as published
- the newest QCEW file carries no year-earlier level, so no move from one level to another is printed
BLS QCEW over-the-year percent change, as published
noteCraven County, NC's covered employment was 2.5% lower than the same quarter a year earlier in 2026 Q1, on BLS QCEW's published over-the-year change.
Period 2026 Q1.Show the arithmetic
- -2.5 % = BLS QCEW over-the-year percent change for 2026 Q1, as published
- the newest QCEW file carries no year-earlier level, so no move from one level to another is printed
BLS QCEW over-the-year percent change, as published
noteThe next Zillow ZHVI typical home value (monthly) covering Craven County, NC is due between 2026-10-14 and 2026-10-21, estimated from the publisher's past release pattern.
Show the arithmetic
- window = 2026-10-14 to 2026-10-21, estimated from the publisher's past release pattern
estimated from the publisher's past release pattern; not an announced date
noteThe next Zillow ZORI typical rent (monthly) covering Craven County, NC is due between 2026-10-14 and 2026-10-21, estimated from the publisher's past release pattern.
Show the arithmetic
- window = 2026-10-14 to 2026-10-21, estimated from the publisher's past release pattern
estimated from the publisher's past release pattern; not an announced date
Every finding is produced by a fixed rule table and a fixed sentence for each rule. Nothing here is generated prose.