HomeNorth CarolinaHertford County
Hertford County, North Carolina: commercial real estate data.
Hertford County, North Carolina has a population of 19,908 across 353 square miles, down 11.1 percent since the 2020 census base. County output reached $1.08 bn in 2024, 459 establishments operate here, and the SBA record carries 2 7(a) approvals worth $2.1 m.
119 sourced county values · tier FULL · 12 sections
Hertford County
How many people live in Hertford County
- Population19,908
- Households8,285
- Average household size2.40
- Median household income$45,537
- Median age42.6
- Median gross rent$844 per month
- Median owner-occupied home value$119,200
- Home value to household income2.6 times
- Annual rent as a share of median income22.2 percent
- Adults 25 and over with a bachelor degree or higher16.6 percent
- Adults 25 and over with a graduate degree6.4 percent
- Adults 25 and over13,865
- Population under 183,837
- Share under 1819.3 percent
- Population 65 and over4,533
- Share 65 and over22.8 percent
- Working age population, 18 to 6411,538
- Civilian labor force8,411
- Unemployment rate6.0 percent
- Labor force participation, adults 18 and over52.3 percent
- Rank by population among North Carolina counties80th of 100
- Rank by population among US county-equivalents1884th
Hertford County is the 80th largest of 100 North Carolina counties by population. A median home costs 2.6 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 22.8 percent against 19.3 percent, which points demand at health care, services and single storey product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Hertford County
Is Hertford County growing
- Population change since the 2020 census base-11.06 percent
- Census 2020 base population21,553
- Births, 2024187
- Deaths, 2024296
- Natural change, 2024-109
- Net domestic migration, 2024-40
- Net international migration, 202484
- Total net migration, 202444
- Cumulative net domestic migration, 2021 to 2024-2,174
- Rank by growth among US county-equivalents3130th
The county has lost 11.06 percent of its population since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Hertford County
Where people moving to Hertford County come from
- Tax returns filed by households arriving323
- People arriving, from those returns661
- Adjusted gross income arriving$12.8 m
- Net adjusted gross income movement$0
- Average income of an arriving household$39,508
- Largest single originHertford County Non-migrants (6,607 households)
- Largest single destination (6,607 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Hertford County Non-migrants | 6,607 | 12,790 | $349.4 m |
| Other flows - Same State | 112 | 217 | $4.2 m |
| Other flows - Different State | 94 | 203 | $4.0 m |
| Other flows - South | 94 | 203 | $4.0 m |
| Bertie County | 72 | 150 | $2.7 m |
| Northampton County | 45 | 91 | $1.8 m |
The largest single source of arrivals is Hertford County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Hertford County
What the Hertford County economy runs on
- County GDP, 2024$1.08 bn
- County GDP, 2023$1.05 bn
- GDP change, 2023 to 20242.2 percent
- GDP change over five years28.7 percent
- Rank by GDP among North Carolina counties75th
- Rank by GDP among US county-equivalents1786th
- GDP per resident$54,073
Output grew 2.2 percent in the latest year and 28.7 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Hertford County
Who employs people in Hertford County
- Covered employment, annual average8,625
- Establishments reporting493
- Average annual pay$48,251
- Average weekly wage$928
- Sector 62, employment1,681
- Sector 62, average annual pay$38,930
- Sector 44-45, employment1,570
- Sector 44-45, average annual pay$31,318
- Sector 31-33, employment953
- Sector 31-33, average annual pay$99,887
- Sector 72, employment654
- Sector 72, average annual pay$17,120
- Sector 23, employment318
- Sector 61, employment306
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 62 | 1,681 | 63 | $38,930 |
| Sector 44-45 | 1,570 | 75 | $31,318 |
| Sector 31-33 | 953 | 16 | $99,887 |
| Sector 72 | 654 | 44 | $17,120 |
| Sector 23 | 318 | 29 | $56,829 |
| Sector 61 | 306 | 5 | $33,363 |
| Sector 42 | 294 | 23 | $52,771 |
| Sector 81 | 184 | 38 | $41,913 |
The largest sector is the biggest private employer group at 1,681 jobs, 19.5 percent of covered employment. Average pay per job exceeds median household income, which usually means single earner households and a wage base that can carry rent.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Hertford County
What businesses operate in Hertford County
- Establishments, all industries459
- Employment at those establishments6,870
- Annual payroll$352.6 m
- Establishments per 1,000 residents23.1
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Hertford County
What is being built in Hertford County
- Housing units authorised by permit, 20243
- Declared construction value permitted$605,591
- Single family units authorised3
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$201,864
- Units authorised per 1,000 households0.4
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Hertford County
How much SBA lending happens in Hertford County
- 7(a) approvals recorded2
- 7(a) gross approval dollars$2.1 m
- Average 7(a) approval$1,039,600
- Median 7(a) approval$1,120,000
- 10th percentile approval$959,200
- 90th percentile approval$1,120,000
- Largest single approval$1,120,000
- Jobs reported supported, 7(a)14
- Jobs per approval7.0
- Distinct 7(a) lenders active2
- Distinct industries receiving approvals2
- Median 7(a) term270 months
- Share of loans on real estate terms, 240 months or longer50.0 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter1
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countLessors of Other Real Estate Property (1)
- Most active lenderCRF Small Business Loan Company, LLC (1)
- 504 approvals recorded1
- 504 gross approval dollars$2.2 m
- Average 504 approval$2,246,000
- Median 504 approval$2,246,000
- Distinct CDCs active1
- 504 jobs per approval20.0
- 504 jobs per million dollars approved8.9
- Most active CDCBusiness Expansion Funding Corporation (1)
- 7(a) share of SBA approvals66.7 percent
- Combined SBA approval dollars$4.3 m
The average approval of $1,039,600 sits close to the median of $1,120,000, so lending here is fairly evenly sized rather than driven by a few large deals. 50.0 percent of approvals run on real estate terms of 240 months or more, so this is a market where SBA credit is buying buildings, not just funding operations.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Hertford County
Do SBA loans in Hertford County get paid back
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure2
Too few loans have reached a final outcome to publish a charge off rate. only 0 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hertford County
Which parts of Hertford County get the lending
- Places in the county with recorded lending2
- COFIELD, approvals1
- Ahoskie, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| COFIELD | 1 | $959,200 |
| Ahoskie | 1 | $1,120,000 |
COFIELD accounts for 1 approvals against 1 in Ahoskie. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hertford County
How big is Hertford County
- Land area353 sq mi
- Rank by land area among North Carolina counties74th of 100
- Width, east to west28.9 mi
- Height, north to south21 mi
- Geographies sharing a boundary4
- Residents per square mile of land56
- Establishments per square mile1.30
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Hertford County
What hazards affect Hertford County
- EPA radon zone predicted average indoor radon screening level less than 2 pCi/LZone 3
- Communities in the NFIP Community Status Book6
- Of those, participating in the NFIP6
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
The EPA places the county in radon zone 3, a predicted average indoor radon screening level less than 2 pCi/L.
US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001. FEMA OpenFEMA, NFIP Community Status Book, Community Status Book, as retrieved.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Hertford County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Hertford County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population19,908
- Households8,285
- Average household size2.40
- Median household income$45,537
- Median age42.6
Common questions
Hertford County questions, answered from the record.
How many people live in Hertford County, North Carolina?
19,908, in 8,285 households, ranking 80th of 100 North Carolina counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Hertford County growing?
The population has fallen 11.06 percent since the 2020 census base. In 2024 there were 187 births against 296 deaths, with net migration of 44. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Hertford County?
$45,537. The median owner-occupied home is valued at $119,200, which is 2.6 times income, and median gross rent is $844 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Hertford County?
459 establishments, employing 6,870 people with an annual payroll of $352.6 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Hertford County?
Average annual pay is $48,251, or $928 a week, across 8,625 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Hertford County?
2 7(a) approvals totalling $2.1 m since FY2020, across 2 lenders, with a median approval of $1,120,000, plus 1 504 approvals worth $2.2 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Hertford County?
3 housing units were authorised by permit in 2024, with a declared construction value of $605,591. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Hertford County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Hertford County come from?
The largest single origin is Hertford County Non-migrants, with 6,607 households. Arriving households report an average income of $39,508 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Hertford County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Hertford County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.