Economic Trends

2016-2017 Comparative Taxable Retail Sales

LocationGross CollectionsTaxable Retail Sales
North Carolina$ 6,630,084,608$139,169,804,379
Carteret County$ 53,150,812$1,117,905,171
Onslow County$ 94,385,519$1,981,915,248
Craven County$ 50,026,910$1,051,046,107
Lenoir County$ 25,727,798$538,835,363
Pamlico County$4,182,812$87,845,138
Jones County$ 1,943,157$40,634,238

Source: NC Department of Revenue

2016-2017 Taxable Retail Sales by Type

TypeCARTERET COUNTY TOTALNorth Carolina Total
3% and 4.75% Tax Group$ 437,149$541,142,758
Apparel$ 1,769,577$5,648,765,806
Automotive$ 2,294,118$9,058,317,175
Food $ 10,175,772$27,164,772,294
Furniture$1,712,865$4,778,591,718
General Merchandise$ 12,870,797$38,193,321,034
Lumber & Building Materials$ 7,190,912$15,426,794,094
Unclassified$16,699,621$38,358,149,473
TOTAL$ 53,150,811$139,169,804,379

Source: NC Department of Revenue

Taxable Retail Sales by Year

YearTotal
2012-2013$857,547,296
2013-2014$910,571,306
2014-2015$979,777,817
2015-2016$1,042,560,897
2016-2017$1,117,905,171

Source: NC Department of Revenue

2017 Building Permits

GOVERNMENTTOTAL PERMITSRESIDENTIAL/$ Permits / ValueCOMMERCIAL/$Permits / ValueMISC.**/$ Permits / Value
Carteret County*245188 - $47,868,4022 - $4,675,00055 - $2,727,330
Atlantic Beach23795 - $11,909,37444 - $507,98198- $1,508,735
Beaufort17940 - $6,209,8357 - $1,481,767132 - $4,264,722
Emerald Isle54571- $19,113,7851- $4,500,000473 - $10,777,849
Morehead City412175 - $29,099,94491 - $19,296,984146 - $2,276,833
Newport7415 - $1,022,0006 - $558,00053 - $823,000
Pine Knoll Shores9833 - $4,644,6168 - $544,83457 - $428,991
TOTAL1,790617 - $111,517,303182 - $31,564,5661,014 - $22,807,460

Source: Carteret County Municipal Government

* Carteret County permits include unincorporated areas of county including the unincorporated areas of western Carteret County,and municipalities of Bogue, Cape Carteret, Cedar Point, Indian Beach and Peletier. Miscellaneous includes mobile home permits. **Miscellaneous permits vary from one reporting jurisdiction to another a may include decks, porches, piers, storage buildings, garages, boat lifts, boat ramps and mobile homes. Some jurisdictions include mobile homes as residential units. The figures do not include electrical, mechanical or plumbing permits.

Occupancy Tax Collections by Year

YearTotal
2013$4,669,968
2014$5,189,070
2015$6,427,084
2016$6,800,842
2017$7,357,361

Source: Carteret County Finance Office

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