Goldsboro, North Carolina Income Statistics
Goldsboro Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
D
Goldsboro Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Goldsboro | North Carolina Avg | US Average |
|---|---|---|---|
| Median Household Income | $47,524 | $72,438 | $80,455 |
| Median Personal Income | $41,261 | $54,489 | $60,758 |
| Average Yearly Income Growth | 5.0% | 5.2% | 4.8% |
| Six-Figure Earners | 5.8% | 11.9% | 13.9% |
| $200k+ Households | 3.7% | 10.4% | 13.2% |
The median household income in Goldsboro is about 34% lower than in North Carolina. Income has been growing slower in Goldsboro (5.0%/yr) than in North Carolina (5.2%/yr).
About 6% of adults in Goldsboro earn six figures ($100,000 or more) a year, lower than the North Carolina average of 12%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Goldsboro, North Carolina grew by 45.0% from 2009 to 2024, reaching $47,524 in 2024. That's an average of about 5.0% per year.
Income Inequality and the Gender Pay Gap in Goldsboro
| Metric | Goldsboro | North Carolina Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.531 | 0.547 | 0.552 |
| Male Median Income | $47,936 | $63,136 | $69,667 |
| Female Median Income | $42,755 | $52,579 | $56,850 |
| Gender Pay Gap | 10.8% | 16.7% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Goldsboro, it is 0.531, lower than North Carolina's 0.547, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 12% more than women's income in Goldsboro, North Carolina. Over a 35-year career, a 12% wage gap accumulates to roughly $181,335 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Goldsboro, North Carolina has narrowed from about 13% to 11% in 2024. Over that period the gap was widest at 16% in 2010, and was narrowest at 5% in 2013. In dollar terms, the gap has widened by $801 since 2009.
Employment
| Metric | Goldsboro | North Carolina Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.6% | 4.6% | 5.2% |
| Working from Home | 4.9% | 16.3% | 15.0% |
| Commute time (minutes) | 12 | 21 | 22 |
Approximately 836 people are unemployed in Goldsboro, North Carolina.
The average commute time in Goldsboro is 12 minutes, shorter than the 21 minutes in North Carolina.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Goldsboro, North Carolina has fallen from 12.1% to 6.6% in 2024. Over that period the rate peaked at 15.9% in 2014 and fell as low as 6.2% in 2023.
Conclusion
Considering all these factors, Goldsboro, North Carolina has an overall wealth index grade of D, making it somewhat worse than North Carolina, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Goldsboro, North Carolina.
How Rich Is Goldsboro, North Carolina?
Goldsboro has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $47,524, about 34% lower than the North Carolina average of $72,438.
How has median household income changed in Goldsboro, North Carolina?
Between 2009 and 2024, the median household income in Goldsboro, North Carolina rose 45%, from $32,767 to $47,524. Over the same years, income here lagged behind North Carolina as a whole: +45% against +61%.
What was the median household income in Goldsboro in 2023?
In 2023, the median household income in Goldsboro, North Carolina was $47,405, up 7% from $44,195 in 2022. The North Carolina median that year was $69,937.
What was the median household income in Goldsboro in 2020?
In 2020, the median household income in Goldsboro, North Carolina was $36,950. By 2024 it had risen 29% to $47,524.
Is it hard to find a job in Goldsboro, North Carolina?
Unemployment in Goldsboro, North Carolina is 6.6%, well above the North Carolina rate of 4.6%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Goldsboro, North Carolina?
The Gini coefficient in Goldsboro is 0.531. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Goldsboro, North Carolina?
Since 2009, the income gap between men and women in Goldsboro, North Carolina has narrowed from about 13% to 11% in 2024. Over that period the gap was widest at 16% in 2010, and was narrowest at 5% in 2013. In dollar terms, the gap has widened by $801 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →