What is the median household income in Myrtle Grove, NC?
The median household income in Myrtle Grove, NC is $113,463 (±$7,087) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,463 a month would take about $58,500 a year at the common guideline of spending no more than 30% of income on rent.
In Myrtle Grove, the median household income went from $78,000 in 2015–2019 to $113,463 in 2020–2024 (+45.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median household income
- $113,463 (±$7,087)
- Median renter income
- $70,069 (±$13,813)
- Income to afford median rent
- about $58,500
Income in Myrtle Grove against New Hanover County, its state and the nation
| Myrtle Grove | New Hanover County | North Carolina | United States | |
|---|---|---|---|---|
| Median household income | $113,463 (±$7,087) | $75,166 (±$2,054) | $72,388 (±$324) | $80,734 |
| Median renter household income | $70,069 (±$13,813) | $49,019 (±$2,829) | $48,010 (±$418) | $52,966 |
| Median owner household income | $120,126 (±$8,606) | $101,102 (±$3,552) | $88,911 (±$521) | $100,009 |
| Median gross rent | $1,463 (±$290) | $1,417 (±$32) | $1,228 (±$5) | $1,413 |
In Myrtle Grove, median household income is higher than in New Hanover County ($75,166).
It is also higher than in North Carolina ($72,388).
It is higher than the national figure ($80,734).
In New Hanover County, Myrtle Grove ranks 4 of 15 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 48 of 643.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Myrtle Grove
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,463 a month ($17,556 a year) needs an income of about $58,500 a year.
The median renting household in Myrtle Grove earns $70,069 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $78,000 (±$9,616) | $113,463 (±$7,087) | +45.5% | Up after inflation |
| Median gross rent | $1,180 (±$139) | $1,463 (±$290) | +24.0% | No measurable change after inflation |
| Median home value | $280,500 (±$11,171) | $439,100 (±$17,897) | +56.5% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Myrtle Grove
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Myrtle Grove | — | $113,463 (±$7,087) | — |
| Silver Lake | 1.6 mi | $76,756 (±$15,693) | Lower |
| Sea Breeze | 4.1 mi | $69,942 (±$21,722) | Lower |
| Wilmington | 5.7 mi | $66,738 (±$2,914) | Lower |
| Carolina Beach | 5.9 mi | $94,398 (±$20,918) | Not measurably different |
| Wrightsville Beach | 7.9 mi | $151,563 (±$78,972) | Not measurably different |
| Belville | 8.8 mi | $81,944 (±$18,524) | Lower |
| Kure Beach | 8.9 mi | $104,149 (±$17,140) | Not measurably different |
| Kings Grant | 9.7 mi | $62,232 (±$12,141) | Lower |
Nearby places with a measurably lower figure: Silver Lake, NC ($76,756), Sea Breeze, NC ($69,942), Wilmington, NC ($66,738).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across New Hanover County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Wrightsville Beach | $151,563 (±$78,972) |
| 2 | Ogden | $121,338 (±$9,967) |
| 3 | Porters Neck | $119,979 (±$25,761) |
| 4 | Myrtle Grove | $113,463 (±$7,087) |
| 5 | Kure Beach | $104,149 (±$17,140) |
| 6 | Bayshore | $94,632 (±$9,479) |
| 7 | Carolina Beach | $94,398 (±$20,918) |
| 8 | Murraysville | $81,167 (±$12,025) |
| 9 | Wrightsboro | $78,450 (±$6,912) |
| 10 | Silver Lake | $76,756 (±$15,693) |
Showing 10 of 15 places in New Hanover County, ranked from highest to lowest.
Myrtle Grove is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Myrtle Grove
What is the median household income in Myrtle Grove?
The median household income in Myrtle Grove is $113,463 (±$7,087) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Myrtle Grove?
About $58,500 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,463 a month.
Have incomes in Myrtle Grove kept up with inflation?
In Myrtle Grove, the median household income went from $78,000 in 2015–2019 to $113,463 in 2020–2024 (+45.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
What do renters earn in Myrtle Grove?
The median renting household in Myrtle Grove, NC earns $70,069 (±$13,813) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Myrtle Grove CDP, North Carolina
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Myrtle Grove CDP, North Carolina
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Myrtle Grove CDP, North Carolina
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Myrtle Grove CDP, North Carolina
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Myrtle Grove CDP, North Carolina
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Myrtle Grove CDP, North Carolina
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Myrtle Grove CDP, North Carolina (place:45840, in state:37).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Median rent in Myrtle Grove
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- Renters and owners in Myrtle Grove
- Home values in Myrtle Grove
- Homeowner costs in Myrtle Grove
- Property taxes in Myrtle Grove
- Types of homes in Myrtle Grove
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- Population growth in Myrtle Grove
- How long people stay in Myrtle Grove
- Crowding and facilities in Myrtle Grove
- North Carolina landlord and tenant rules
- Housing across New Hanover County
- North Carolina places ranked by median household income
- Housing data for every place in North Carolina