Wilmington is a moderately-sized city located in the state of North Carolina. The city has a population of 113,724 inhabitants. If we look at the most recent Census, Wilmington is known to have a predominantly White population. The next two most common races are Black and Asian. Not a fan of sitting in traffic? One big advantage of living in Wilmington is the reasonable commute times to work. With an average one way commute time of 18 minutes, getting to work is faster than the national average of 26 minutes.
Whether you’re relocating to a new town to be closer to family, friends or for a new job, living in Wilmington could be a positive experience compared to other cities in North Carolina if you know where to search. Using the livability score which includes data from categories like cost of living, weather, employment, housing, you can easily compare the best places to live in Wilmington and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Wilmington to North Carolina and the national average.
With a livability score of 64/100, Wilmington is ranked #19,266 in the United States and #389 in North Carolina. There are seven total categories that create the livability score. Wilmington ranks well for amenities (A+) and weather (B-). There are some categories that Wilmington does not rank well for, including: crime (F), cost of living (D), employment (D) and housing (F). It might be worth taking a closer look to find out why.
Conveniently located amenities and interesting attractions are a great way to continuously enjoy Wilmington on a regular basis. Knowing that there are an abundance of amenities and things to do can ensure that you always have access to nearby grocery stores, restaurants and coffee shops. Some of the notable things to do include: Battleship NORTH CAROLINA, Historic District, and Airlie Gardens.
Wilmington real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Wilmington. The median home price for Wilmington homes is $224,300, which is 42.8% higher than the North Carolina average. If we take a closer look at the affordability of homes in Wilmington, we’ll see that the home price to income ratio is 5.1, which is 54.5% higher than the North Carolina average. Year over year appreciation rates for homes in the Wilmington area were 5.8% and the 5 year appreciation rates came in at 4.8%. Why is this important? Knowing the appreciation rates for any area is a quick and easy way to determine if you will see a solid return on your investment.