Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Based on recent surveys and polls, locals gave high marks in the walkability to local amenities, safety, public transit, friendliness of neighbors and overall sense of community in the area.
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Living in this region comes with a high cost of living, translating to elevated costs for homes, goods and services, groceries, utilities, health care and transportation.
The low score in this category could be due to challenges related to air quality and the limited accessibility of health-related facilities like hospitals, nursing homes, doctors and pharmacies.
Nags Head, North Carolina is a smaller city with a population of 2,965 inhabitants. If we look at the most recent Census, Nags Head is known to have a predominantly White population. The next two most common races are Black and Asian. With an average age of 55 years, Nags Head residents appear to be older compared to the national average. For seniors and retirees, this city presents itself as a compelling choice. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Nags Head is the right fit for you, your one way commute time will average 23 minutes, which is about average when compared to the national commute time of 26 minutes.
Without the right tools, relocating to any new city can be very stressful and challenging. Living in Nags Head, North Carolina could be a good experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. Finding the best places to live in Nags Head and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes commute, education, housing and other important metrics.
Nags Head has a livability score of 61/100 and is ranked #410 in North Carolina and #15,240 in the USA. Based on the grades for each individual category, Nags Head has received high marks for education (B+), employment (A) and housing (B-). On a more negative note, Nags Head does not have favorable scores for the following: amenities (F) and cost of living (F). If we take a look at the data, we can find out why.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Nags Head, the unemployment rate stands at 2.24%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Nags Head excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Assuming that Nags Head meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Nags Head. Everything else becomes a lot less important if it turns out that home prices in Nags Head are simply unattainable. The median home price for Nags Head homes is $316,300, which is 101.3% higher than the North Carolina average. If we take a closer look at the affordability of homes in Nags Head, we’ll see that the home price to income ratio is 4, which is 21.2% higher than the North Carolina average.
Statistic | Nags Head | North Carolina | National |
Average one way commute | 23min | 24min | 26min |
Workers who drive to work | 78.2% | 81.1% | 76.4% |
Workers who carpool | 8.7% | 9.8% | 9.3% |
Workers who take public transit | 0.0% | 1.1% | 5.1% |
Workers who bicycle | 0.0% | 0.2% | 0.6% |
Workers who walk | 2.5% | 1.8% | 2.8% |
Working from home | 9.2% | 4.8% | 4.6% |