Chowan County, North Carolina
Income Data
At a Glance
How Chowan County Compares
Detailed Income Statistics
Data Story
About Household Income in Chowan County, North Carolina
Chowan income lags national standards
Chowan County's median household income of $56,982 falls $17,773 below the national median of $74,755, a 24% gap. The county's rural northeastern location and limited economic diversification contribute to this income shortfall.
Below-average earnings for North Carolina
At $56,982, Chowan's median household income falls $4,090 short of North Carolina's state average of $61,072. The county ranks in the lower-middle tier of the state's 100 counties, reflecting its rural coastal plain character.
Middle-range income among rural counties
Chowan's $56,982 sits between Cherokee ($51,496) and Caswell ($59,407), positioning it as a moderate-income rural county. The county outearns Columbus ($48,184) but trails the piedmont counties and wealthy Chatham by substantial margins.
Housing costs take notable income share
Chowan's rent-to-income ratio of 16.1% indicates housing consumes about one-sixth of median household income, above the most affordable benchmarks. The median home value of $204,400 requires careful consideration for households earning around $57,000.
Focus on debt reduction and stability
Chowan households earning $56,982 should prioritize eliminating high-interest debt before pursuing aggressive investing strategies. Building a solid financial foundation through steady savings and debt paydown creates stability and opens pathways to long-term wealth accumulation.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Chowan County median
County median: $56,982 per year
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vs. State Average
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vs. National Median
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.