1st Advantage MortgageIn Pasquotank County, North Carolina, the typical household earns $66,589 a year and the typical rent is $1,170. A loan makes sense only if its total cost beats your alternatives and the payment fits your budget. Check the lender's North Carolina license first.
On this page
- A quick profile of Pasquotank County
- Jobs and commutes in Pasquotank County
- What Pasquotank County households earn
- Housing costs in Pasquotank County
- Regional comparison for Pasquotank County
- Towns and communities in Pasquotank County
- What a median Pasquotank County budget can carry
- Pasquotank County residents: age, schooling, coverage
- Reading the Pasquotank County data as a borrower
- Licensing and complaints for Pasquotank County
- Four steps for Pasquotank County borrowers
- Nearby and statewide guides
- Frequently asked questions
A quick profile of Pasquotank County
With an estimated 40,834 residents (ACS 2020 to 2024), Pasquotank County ranks 62nd of 100 in North Carolina for population. Land area is 227 square miles (2024 Gazetteer), so density runs near 180 per square mile. No metropolitan area includes Pasquotank County in the 2023 federal delineation, so its numbers stand on their own rather than as part of a metro. The Census Bureau counts 1 place in the county (1 incorporated, 0 census-designated); the largest is Elizabeth City, with about 18,871 residents, or 46% of the county.
Jobs and commutes in Pasquotank County
The biggest employer of Pasquotank County residents, by industry, is education and health care at 24% of workers, followed by retail trade (10%). The sharpest difference from the state is in public administration, at 9% locally and 4% for North Carolina. ACS puts five-year average unemployment at 5.9% in Pasquotank County. Long commutes are common here: 24% of workers spend 45 minutes or longer getting to work.
| Industry | Share of Pasquotank County workers | vs North Carolina |
|---|---|---|
| Education and health care | 24.5% | +2.0 pts |
| Retail trade | 10.1% | -1.1 pts |
| Professional and administrative services | 10.0% | -2.7 pts |
| Public administration | 9.2% | +5.1 pts |
| Arts, lodging and food service | 8.6% | +0.2 pts |
| Manufacturing | 8.4% | -3.2 pts |
If your hours swing with the season or with overtime, size a loan payment against your base pay, not your best month.
What Pasquotank County households earn
At $66,589, the typical Pasquotank County household income sits near the median U.S. county ($65,681). In the state ranking that is 32nd of 100.
| Band | Pasquotank County | Compared with North Carolina |
|---|---|---|
| Under $35,000 | 26.1% | +2.8 pts |
| $35,000 to $99,999 | 45.3% | +3.9 pts |
| $100,000 to $199,999 | 23.3% | -1.7 pts |
| $200,000 or more | 5.4% | -5.0 pts |
About 26% of households earn under $35,000, while 29% clear $100,000. Census counts 11.0% of Pasquotank County residents in poverty, against 13.0% across North Carolina. A household earning below the $66,589 median should test any payment carefully; one earning above it should still pick the shortest term it can manage.
Housing costs in Pasquotank County
Median gross rent, utilities included, comes to $1,170 in Pasquotank County versus $1,228 statewide. 50% of renting households spend 30% or more of income on rent, and 24% spend half or more. Home values center on $234,600, or 3.5 years of median income. Owners occupy 67% of homes. Half the housing stock was built before 1988.
| Pasquotank County | North Carolina | U.S. county median | |
|---|---|---|---|
| Median gross rent | $1,170/mo | $1,228/mo | $877/mo |
| Median home value | $234,600 | $288,900 | $185,300 |
| Owners | 67% | 67% | 75% |
| Rent-burdened renters | 50% | 49% | 45% |
| Burdened owners | 27% | 25% | n/a |
High rent burdens leave little slack. If you are borrowing to consolidate, make sure the new payment is lower than the ones it replaces.
Regional comparison for Pasquotank County
Nearest neighbors first, measured between county centers (8 to 28 miles). 3 of the six report a higher median household income than Pasquotank County; Currituck County is highest at $93,511 and Tyrrell County lowest at $41,685.
| Neighbor | Distance | Income | Rent | Own |
|---|---|---|---|---|
| Pasquotank County | - | $66,589 | $1,170/mo | 67% |
| Camden County, NC | 8 mi | $91,078 | $1,232/mo | 82% |
| Perquimans County, NC | 10 mi | $67,917 | $1,008/mo | 77% |
| Currituck County, NC | 19 mi | $93,511 | $1,162/mo | 87% |
| Chowan County, NC | 21 mi | $53,864 | $681/mo | 71% |
| Gates County, NC | 27 mi | $66,333 | $1,143/mo | 81% |
| Tyrrell County, NC | 28 mi | $41,685 | $644/mo | 78% |
Towns and communities in Pasquotank County
Elizabeth City is the only Census place mainly inside Pasquotank County, with about 18,871 of the county's 40,834 residents. Live in one of these Pasquotank County communities, or between them? This is your local guide.
| Town or CDP | Type | People | Median household income | Median gross rent | Miles from center |
|---|---|---|---|---|---|
| Elizabeth City | city | 18,871 | $52,141 | $1,117 | 2 mi |
What a median Pasquotank County budget can carry
Pasquotank County at the medians, through a lender's eyes (what DTI means):
- $66,589 a year is $5,549 of gross monthly income
- Housing at the median rent of $1,170 uses 21%
- $1,050: what a 40% ratio leaves once rent is paid
Car, student loan and card payments come out of that room first. Try your own numbers in the calculator.
Pasquotank County residents: age, schooling, coverage
28% of Pasquotank County adults 25 and older hold a bachelor's degree or more. 11.0% of residents have no health coverage.
| Indicator | Pasquotank County | All of North Carolina | U.S. county median |
|---|---|---|---|
| Median age | 39.6 | 39.1 | 41.5 |
| Bachelor's or higher | 27.6% | 35.7% | 22.2% |
| No high school diploma | 10.6% | 9.9% | n/a |
| No health insurance | 11.0% | 9.9% | 7.8% |
| No vehicle | 5.7% | 5.3% | 5.4% |
| Work from home | 9.9% | 16.3% | 8.7% |
| Poverty rate | 11.0% | 13.0% | 13.2% |
| Unemployment (ACS) | 5.9% | 4.7% | 4.4% |
| Trip time | Share |
|---|---|
| Under 15 min | 34.2% |
| 15 to 29 min | 29.4% |
| 30 to 44 min | 12.3% |
| 45 to 59 min | 9.0% |
| 60+ min | 15.1% |
Reading the Pasquotank County data as a borrower
What the Pasquotank County figures suggest, and what to check first:
- Hospital bills in Pasquotank County. For the 11% of residents without coverage, the provider's charity-care program comes before any loan (details).
- Vehicle repairs. 24% of Pasquotank County workers commute 45+ minutes, so a breakdown can cost a paycheck. Get two written estimates.
- 12% mobile homes. Many are not titled as real estate, so home-equity options may not apply; an unsecured loan is the usual route.
- Rent squeeze. 50% of renters spend 30%+ of income on rent; borrow only if the loan cuts what you pay overall.
Licensing and complaints for Pasquotank County
Pasquotank County borrowers fall under statewide rules, enforced by the North Carolina Office of the Commissioner of Banks. Banks and credit unions have their own regulators, and the CFPB takes complaints about any lender. See the North Carolina state guide for the statewide picture.
Four steps for Pasquotank County borrowers
Quick steps for Pasquotank County:
- Get a written quote for whatever you are paying for in Pasquotank County.
- Collect three written offers and compare APR and total repaid.
- A North Carolina license check takes minutes; do it first.
- Confirm the first due date before setting up autopay.
Nearby and statewide guides
The North Carolina guide covers the whole state.
Frequently asked questions
How much do households in Pasquotank County earn?
The median is $66,589; 29% earn $100,000 or more and 26% under $35,000. A lender uses your own documented income, not this figure.
What do renters pay in Pasquotank County?
$1,170 a month at the median, about 21% of median household income.
Does this page cover Elizabeth City?
Yes, along with the other 0 Census places in Pasquotank County.
Is the fit check different in Pasquotank County?
No. It is identical everywhere, and it never looks at your neighborhood.
Who regulates personal lenders for Pasquotank County residents?
The North Carolina Office of the Commissioner of Banks licenses consumer lenders in North Carolina; the CFPB takes complaints about any lender, and the FTC wants to hear about fee-first offers.