Counties / North Carolina / Beaufort County

Beaufort County, NC

FIPS 37013 · population 44,499 · outside every metro area

$241k
Zillow home value · 2026-06
The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$241k
▲ 2.4% year over year
Zillow ZHVI · direct
ACS median gross rent
$871
occupied-unit survey; not current asking rent
Census ACS · surveyed
Gross yield
n/a
gross yield cannot be computed without measured market rent
requires both measured price and measured rent
HUD 2-bed standard
$925
the Section 8 payment standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

Both annual signals move in the same direction
FHFA five-year cumulative+73.8%not annualized · through 2025
0%ZILLOW ZHVI2026-06+2.4%FHFA HPI2025+3.3%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-07-28.
Owner-reported value$193k
Surveyed gross rent$871
Rent burden 30%+51.0%
Median year built1980
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
21.0%vacant
24,526estimated housing units
Occupied tenure30.5% renter
owner 69.5%renter 30.5%
Structure mix69.5% single-family
Single-family 69.5%20+ units 0.7%Mobile home 21.7%Other 8.1%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs16,254▲ 2.6% from the prior annual release
Covered establishments1,352annual average reporting locations
Average weekly wage$1,009▲ 4.2% from the prior annual release
Largest private supersectorTrade, transportation, and utilities25.3% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS+2.6%WEEKLY WAGE+4.2%Trade, transportation, and utilities25.3%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2025 vs 2024 · pulled 2026-07-31. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

County brief

What the local evidence says

01Decision frame

Beaufort County’s decision tension is a $240,509 Zillow median home value in 2026-06, up 2.39% year over year, alongside a 0.52% year-over-year decline in Realtor.com’s median MLS listing price. The latter is an asking-price signal, not a closed-sale result. FHFA’s repeat-transaction HPI rose in its separate 2025 annual observation and is up 73.80% cumulatively over five years; it is an index, not a home value. Investigate investors who can verify current leases and exit liquidity; be cautious where an appraisal relies on an asking-price trend.

02Housing economics

Housing economics cannot yet establish income coverage. No county market asking rent is published, so gross yield cannot be computed. The supplied HUD two-bedroom FMR is a payment standard rather than market rent and cannot substitute for it. Against the Zillow value, the 0.68% effective property-tax rate is a carrying-cost input requiring parcel verification rather than a county-level tax estimate. The 2025 annual QCEW record reports covered workplace employment, not resident employment: jobs increased 2.56%, covered-worker pay rose, and Trade, transportation, and utilities accounted for 25.29% of private covered jobs. This supports a labor-base check, not a demand forecast.

03Demand & competition

Realtor.com data show active listings contracted, but that visible-supply measure is not proof of buyer demand. Listings had 77 median days on market and 22.54% carried price reductions, combining slower marketing with seller concessions. Tax-return migration shows a net inflow of 57 households, while incoming movers’ average AGI exceeded outgoing movers’ by the supplied $4,644 gap. That is an income-composition signal, not a measure of housing absorption. The supplied investor share is 4.73% of 465 total purchases, limiting evidence of broad investor buyer competition.

04Risk & next checks

Hurricane is the dominant hazard, and modeled climate loss equals 0.49% of building value per year; this is an expected modeled loss ratio, not a dollar loss or a parcel outcome. Property-level wind and flood exposure, insurance terms, elevation, condition, and mitigation remain necessary checks. This record does not publish market rent, lease terms, vacancy, operating expenses, insurance quotes, closed-sale comparables, or parcel hazard attributes. Those gaps prevent a gross-yield, net-cash-flow, or property-specific resale conclusion.

Cities & communities

Where people live within Beaufort County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Washington city9.7KRiver Road CDP3.4KBelhaven town1.6KCypress Landing CDP1KChocowinity town903Aurora town560Pantego town493Washington Park town456
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

11 Census places

Population
  1. 01
    Washington cityIncorporated place
    9,726
  2. 02
    River Road CDPCensus-designated place
    3,366
  3. 03
    Belhaven townIncorporated place
    1,577
  4. 04
    Cypress Landing CDPCensus-designated place
    1,044
  5. 05
    Chocowinity townIncorporated place
    903
  6. 06
    Aurora townIncorporated place
    560
  7. 07
    Pantego townIncorporated place
    493
  8. 08
    Washington Park townIncorporated place
    456
  9. 09
    Bath townIncorporated place
    391
  10. 10
    Bayview CDPCensus-designated place
    253
  11. 11
    Pinetown CDPCensus-designated place
    19

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardhurricane

0.488% of building value expected lost per year

Effective property tax0.68%

$1,300 median annual bill

02
DemandIRS SOI household flows
Net migration+57

1,161 in · 1,104 out

Arriving vs leaving income+$4,644

$59,301 arriving · $54,657 leaving

03
CompetitionHMDA financed purchases
Purchases by investors4.7%

22 of 465 mortgages

investorother financed
Current listing pressure

What sellers and visible supply are doing

Realtor.com® Economic Research · county inventory 2026-06 · pulled 2026-07-28
Active listings175▼ 14.4% year over year
Median days on market77▲ 20.4% year over year
Listings price-reduced22.5%seller-concession signal
Median listing pricen/a▼ 0.5% year over year

Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.

No rent index is published for this county.Zillow’s county rent series does not cover every county, and estimating one from a neighbouring county would be a guess wearing a number’s clothes. Everything above is measured here; no wider market is mapped for it either.
Bear case

What can break the county thesis

  1. Property-level hurricane, wind, flood, elevation, and insurance exposure may differ materially from the county modeled loss ratio.
  2. Actual rent, vacancy, expenses, and insurance costs could fail to support the acquisition basis.
  3. County MLS listing conditions may not match the target neighborhood, property condition, or price band.
Underwriting questions

Before pricing a property

What prevents a gross-yield calculation?

County market asking rent is not published, and HUD FMR cannot be used as market rent.

Do the Realtor.com figures establish closed-sale pricing?

No. They are MLS listing-market evidence: asking prices, visible inventory, marketing time, and price reductions.

What employment measure is supplied?

QCEW annual covered employment at workplaces in the county, rather than resident employment or an unemployment measure.