Pasquotank County, North Carolina Income Statistics
Pasquotank County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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D
Pasquotank County Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Pasquotank County | North Carolina Avg | US Average |
|---|---|---|---|
| Median Household Income | $65,195 | $72,438 | $80,455 |
| Median Personal Income | $51,670 | $54,489 | $60,758 |
| Average Yearly Income Growth | 4.5% | 5.2% | 4.8% |
| Six-Figure Earners | 7.2% | 11.9% | 13.9% |
| $200k+ Households | 5.4% | 10.4% | 13.2% |
The median household income in Pasquotank County is about 10% lower than in North Carolina. Income has been growing slower in Pasquotank County (4.5%/yr) than in North Carolina (5.2%/yr).
About 7% of adults in Pasquotank County 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 Pasquotank County, North Carolina grew by 46.7% from 2009 to 2024, reaching $65,195 in 2024. That's an average of about 4.5% per year.
Income Inequality and the Gender Pay Gap in Pasquotank County
| Metric | Pasquotank County | North Carolina Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.538 | 0.547 | 0.552 |
| Male Median Income | $60,485 | $63,136 | $69,667 |
| Female Median Income | $43,623 | $52,579 | $56,850 |
| Gender Pay Gap | 27.9% | 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 Pasquotank County, it is 0.538, 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 39% more than women's income in Pasquotank County, North Carolina. Over a 35-year career, a 39% wage gap accumulates to roughly $590,170 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Pasquotank County, North Carolina has widened from about 25% to 28% in 2024. Over that period the gap was widest at 29% in 2017, and was narrowest at 15% in 2012. In dollar terms, the gap has widened by $6,588 since 2009.
Sharply against the trend: the pay gap in Pasquotank County widened by 3.3 points while North Carolina's narrowed by 3.0 points.
Employment
| Metric | Pasquotank County | North Carolina Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.7% | 4.6% | 5.2% |
| Working from Home | 9.9% | 16.3% | 15.0% |
| Commute time (minutes) | 18 | 21 | 22 |
Approximately 1,109 people are unemployed in Pasquotank County, North Carolina.
The average commute time in Pasquotank County is 18 minutes, shorter than the 21 minutes in North Carolina.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Pasquotank County, North Carolina has fallen from 11.8% to 5.7% in 2024. Over that period the rate peaked at 12.6% in 2012 and fell as low as 5.0% in 2021.
Pasquotank County, NC Wealth Compared With Nearby Counties
Pasquotank County, NC is the largest of the 6 counties compared here, 40,823 residents against a local median of 13,244. The measure that sets Pasquotank County, NC apart most is unemployment: 5.7%, 60% above the local median of 3.6%. That is the weaker end of the local range on this measure.
Income growth tells the same story from another angle: 4.5%/yr against a local median of 5.4%/yr, 16% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Pasquotank County, NC reads weaker than its neighbours on all of them. The counties themselves spread 2.6% on unemployment, so Pasquotank County, NC sits at one end of an already wide local range rather than apart from it. Pasquotank County, NC has the 6th lowest unemployment of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Pasquotank County, NC | 40,823 | $65,195 #4/6 | 4.5%/yr #4/6 | 5.7% #6/6 | 0.538 #6/6 |
| Camden County, NC | 10,925 | $90,531 | 5.4%/yr | 5.4% | 0.505 |
| Perquimans County, NC | 13,244 | $69,399 | 5.5%/yr | 3.6% | 0.534 |
| Currituck County, NC | 30,601 | $95,793 | 5.9%/yr | 2.9% | 0.509 |
| Chowan County, NC | 13,836 | $56,822 | 4.3%/yr | 4.1% | 0.522 |
| Tyrrell County, NC | 3,423 | $40,922 | 3.8%/yr | 2.8% | 0.522 |
Conclusion
Considering all these factors, Pasquotank County, North Carolina has an overall wealth index grade of D, making it about on par with North Carolina, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Pasquotank County, North Carolina.
How Rich Is Pasquotank County, North Carolina?
Pasquotank County 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 $65,195, about 10% lower than the North Carolina average of $72,438.
How fast is household income rising in Pasquotank County, North Carolina?
Between 2009 and 2024, the median household income in Pasquotank County, North Carolina rose 47%, from $44,429 to $65,195. Over the same years, income here lagged behind North Carolina as a whole: +47% against +61%.
What was the median household income in Pasquotank County in 2023?
In 2023, the median household income in Pasquotank County, North Carolina was $63,494, up 3% from $61,382 in 2022. The North Carolina median that year was $69,937.
What was the median household income in Pasquotank County in 2020?
In 2020, the median household income in Pasquotank County, North Carolina was $55,612. By 2024 it had risen 17% to $65,195.
What is the Gini coefficient in Pasquotank County, North Carolina?
The Gini coefficient in Pasquotank County is 0.538. 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 Pasquotank County, North Carolina?
Since 2009, the income gap between men and women in Pasquotank County, North Carolina has widened from about 25% to 28% in 2024. Over that period the gap was widest at 29% in 2017, and was narrowest at 15% in 2012. In dollar terms, the gap has widened by $6,588 since 2009.
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