Salvo, NC

Census Place

2024 Population

220

US Senator

Thom Tillis

Republican Party

US Senator

Ted Budd

Republican Party

2024 Median Age

36.3

1.09% 1-year decrease

2023 Median Household Income

$64,940

4.47% 1-year growth

2022 Median Property Value

$403,800

32.4% 1-year growth

2024 Employed Population

124

Economy

The economy of Salvo, NC employs 124 people. In 2024, the largest industries in Salvo, NC were Retail Trade (52 people), Real Estate & Rental & Leasing (37 people), and Accommodation & Food Services (24 people), and the highest paying industries were Retail Trade ($35,167).

Employment

Occupations

124

2024 Value

± 124

−12.1%

1 Year decline

± 150%

From 2023 to 2024, employment in Salvo, NC declined at a rate of −12.1%, from 141 employees to 124 employees.

The most common job groups, by number of people living in Salvo, NC, are Office & Administrative Support Occupations (42 people), Sales & Related Occupations (31 people), and Food Preparation & Serving Related Occupations (24 people). This chart illustrates the share breakdown of the primary jobs held by residents of Salvo, NC.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for North Carolina.

This chart shows weekly unemployment insurance claims in North Carolina (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

124

2024 Value

± 124

−12.1%

1 Year decline

± 150%

From 2023 to 2024, employment in Salvo, NC declined at a rate of −12.1%, from 141 employees to 124 employees.

The most common employment sectors for those who live in Salvo, NC, are Retail Trade (52 people), Real Estate & Rental & Leasing (37 people), and Accommodation & Food Services (24 people). This chart shows the share breakdown of the primary industries for residents of Salvo, NC, though some of these residents may live in Salvo, NC and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$34,896

Median earning men ± $148,247

$33,289

Median earning women ± $3,557

The industries with the best median earnings for men in 2024 are .

The industries with the best median earnings for women in 2024 are Retail Trade ($34,342).

Housing & Living

The median property value in Salvo, NC was $403,800 in 2022, which is 1.21 times larger than the national average of $332,700. Between 2021 and 2022 the median property value increased from $305,000 to $403,800, a 32.4% increase. The homeownership rate in Salvo, NC is 66.7%, which is higher than the national average of 65.2%.

Housing

Property

$403,800

Median Property Value 2022

±$332,345

$66

Median Property Taxes

±$64

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Salvo, NC the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Salvo, NC compared to it's parent and neighbor geographies.

Rent vs Own

66.7%

Homeownership

2024

100%

Homeowners with Mortgage

2024

In 2024, 66.7% of the housing units in Salvo, NC were occupied by their owner. This percentage declined from the previous year's rate of 69.4%.

This chart shows the percentage of owner in Salvo, NC compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$64,940

Median Household Income

± $57,955

Number of Households

± 81

In 2023, the median household income of the 99 households in Salvo, NC grew to $64,940 from the previous year's value of $62,159.

The following chart displays the households in Salvo, NC distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

Wage Distribution

The closest comparable wage GINI for Salvo, NC is from North Carolina.

0.466

2024 Wage GINI in North Carolina

0.467

2023 Wage GINI in North Carolina

In 2024, the income inequality in North Carolina was 0.466 according to the GINI calculation of the wage distribution. Income inequality had a 0.16% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for North Carolina was lower than than the national average of 0.474. In other words, wages are distributed more evenly in North Carolina in comparison to the national average.

This chart shows the number of workers in North Carolina across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (54.6%)
Worked At Home (33%)
Walked (12.4%)

In 2024, 54.6% of workers in Salvo, NC drove alone to work, followed by those who worked at home (33%) and those who walked to work (12.4%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Car Ownership

2 cars

Average Number

The following chart displays the households in Salvo, NC distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Salvo, NC have 2 cars.

Poverty

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

Keep Exploring