Living in Ocracoke, North Carolina

Cost of living, income, home prices, rent and demographics of Ocracoke · Census data 2020–2024

Ocracoke has 723 residents with a median age of 49.8. The median household income is $77,583 (7% higher than the North Carolina median), the median home value is $456,200, the median rent is $1,408/month.

Ocracoke is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Ocracoke at a glance

Population
723
Median age
49.8State: 39.1
Median household income
$77,583State: $72,388
Median home value
$456,200State: $288,900
Median rent
$1,408/moState: $1,228
Homeowners
76.7%
Bachelor's degree or higher
39.7%
Average commute
17 min

Is Ocracoke a good place to live?

Pros: Median household income 7% higher than the North Carolina median; an average commute of 17 minutes; unemployment of 0.9%.

Cons: Home values 58% higher than the state median; a poverty rate of 16.7%.

The weather is best in May–June and September–October.

Cost of living in Ocracoke

Housing is the biggest part of the cost of living. In Ocracoke the median home value is $456,200, 37% higher than the U.S. median. Renters pay a median of $1,408 per month, which is 45% of household income. Homeowners with a mortgage pay $2,588 a month in housing costs.

Median home value

Ocracoke$456,200
North Carolina$288,900
United States$332,700

Median monthly rent

Ocracoke$1,408
North Carolina$1,228
United States$1,413

Ocracoke median household income

The median household income in Ocracoke is $77,583 and the income per person is $30,254. 16.7% of residents live below the poverty line (North Carolina: 13%).

Median household income

Ocracoke$77,583
North Carolina$72,388
United States$80,734

Housing in Ocracoke: homes for sale and rent

Housing units
711
Owner-occupied
76.7%
Renter-occupied
23.3%
Vacant
45.6%Includes seasonal homes
Median year built
1978
Average household size
1.86

45.6% of homes are vacant most of the year, a sign that Ocracoke has many vacation and second homes.

Ocracoke demographics

Population
723
Median age
49.8
Under 18
26.4%
65 and older
13%
Households
387
Foreign-born
0%
Veterans
0%Adults 18+

Race and ethnicity

White84.6%
Hispanic or Latino14.9%
Black0.4%
Asian0%

Hispanic or Latino can be of any race. Population history of Ocracoke ›

Education in Ocracoke

39.7% of adults 25 and older in Ocracoke have a bachelor's degree or higher (North Carolina: 35.7%), and 14.3% have a graduate or professional degree.

Bachelor's degree or higher

Ocracoke39.7%
North Carolina35.7%
United States35.7%

Jobs and commute in Ocracoke

Unemployment rate
0.9%State: 4.7%
Average commute
17 minState: 25 min
Work from home
0%
Drive alone
83.4%
Public transit
0%
Walk to work
0%
Homes with broadband
92%

Ocracoke vs nearby towns

TownPopulationMedian incomeHome valueRent
Ocracoke723$77,583$456,200$1,408
Hatteras152$57,188——
Atlantic522$51,071$154,300—
Frisco664$43,846$439,600—
Swan Quarter458$71,289$122,100—
Engelhard174$50,673—$790
Davis261$74,219$200,700—
Avon339$35,365$400,500—

More for people moving to Ocracoke

Ocracoke ZIP code ›Weather and climate ›

Living in Ocracoke: FAQ

What is the median household income in Ocracoke, NC?

The median household income in Ocracoke is $77,583, 7% higher than the North Carolina median of $72,388 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Ocracoke?

The median home value in Ocracoke is $456,200, compared with $288,900 in North Carolina.

How much is rent in Ocracoke?

The median gross rent in Ocracoke is $1,408 per month, about 45% of household income.

Is Ocracoke, NC a good place to live?

Pluses: median household income 7% higher than the North Carolina median; an average commute of 17 minutes; unemployment of 0.9%. Minuses: home values 58% higher than the state median; a poverty rate of 16.7%.

What is the median age in Ocracoke?

The median age in Ocracoke is 49.8 years (North Carolina: 39.1).

How long is the commute in Ocracoke?

The average commute to work in Ocracoke is 17 minutes; 0% of workers work from home.

What is the unemployment rate in Ocracoke?

The unemployment rate in Ocracoke is 0.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Ocracoke?

39.7% of adults in Ocracoke have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

Last updated: