Places/NC/Watauga County, NC
County profile

Watauga County, NC

United States · GDP 2024
#935 of 3,127 US counties by GDP48th-percentile growthmore diversified than 37% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$3.2B
BEA · 2024
GDP growth (YoY)
+4.3%
BEA · 2024
Jobs tracked
20,781
Census CBP · 2023
Employers
1,740
Census CBP · 2023
Avg. wage
$45.9k
BLS QCEW · 2023
Population
54,786
Census PEP · 2025
Labor, income & education
Unemployment
3.3%
Median HH income
$51.7k±$3.3k
Bachelor's degree+
48.1%±3.2%
Poverty rate
25.5%±2.1%
Business applications
618 · 2025
Retail establishments
303
55.2/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA

No public companies loaded for this state yet — universe expands with the full ingest.

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Health care31%
Food & accommodation27%
Retail trade25%
Construction7%
Other services6%
Arts & recreation5%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
54,786
residents · 2025 · +0.6% since 2020
Income per capita $56.4k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+445
International migration+470
Natural change528

GDP trend

20192024 · nominal
$2.4B
2019
$2.4B
2020
$2.6B
2021
$2.8B
2022
$3.1B
2023
$3.2B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$358.9k±$18.3k
Median gross rent
$1.1k/mo±$85/mo
Vacancy rate
36.4%±1.8%
Affordability
7.8× wages
Residential permits
$300.6M
536 units · 9.8/1k pop
FEMA risk score
71.9
HUD Fair Market Rent (2BR):$1.2k/mo · 2026
TOP PERILS · FEMA NRI
Landslide 99Ice storm 82Cold wave 82
FHFA HOUSE PRICE INDEX · 20162025
208
2016
216
2017
222
2018
241
2019
249
2020
290
2021
358
2022
406
2023
436
2024
449
2025
RESIDENTIAL PERMITS · 20212025
51% since 2021
355
2021
540
2022
469
2023
296
2024
536
2025

Transport access

BTS · FAA · USACE
Nearest interstate
56.1 km
I-26
Nearest freight rail
34.3 km
CWCY
Nearest port
195.2 km
Burkhart Enterprises, Forks-of-the-River Slip.
Nearest commercial airport
61.0 km
HICKORY RGNL
Wage trend
BLS QCEW · 20192023
$45.9k
avg. annual pay · +23% since 2019
The read

What is the GDP of Watauga?

Watauga's economy produced $3.2B in 2024, growing 4.3% year over yearabout the middle of the pack among US counties. Its largest employment sector is health care.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.