Economic Insights
See Auto Industry Impacts at the National, State, and Congressional District levels.
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- Industry Impact
- Tax Revenue
- Registrations
- New Purchases
- Activity at Ports
- Fueling
- Consumers
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Congressional District 5
Autos Drive North Carolina Forward
Industry Impact
11.2K
11.2 Thousand total auto jobs in North Carolina
2.90%
2.90% depend on the auto industry for jobs
$686.3M
Total Labor Income Annually
23.2K
Total New Cars Sold in 2022
Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2021 data year; compiled by Alliance for Automotive Innovation with data provided by S&P Global Mobility, sales figures represent new vehicle registrations between January 1, 2022 - December 31, 2022.
Tax Revenue
$77.61M
total state tax revenue
$912.9K
corporate profits tax
$13.86M
federal income taxes
Registrations
728.2K
Registered
By Body Style
- Cars 242,818 (33.34%)
- UVs 249,040 (34.2%)
- Pickups 187,184 (25.7%)
- Vans/Minivans 35,640 (4.89%)
By Powertrain
- ICE / Hybrid 725,916 (99.68%)
- Electric 1,468 (0.2%)
- Plug-In Hybrid 826 (0.11%)
- Fuel Cell 0 (0%)
The North Carolina congressional district 5 average age of vehicles is 14.2 years; The national average is 12.2.
Figures compiled by Powerbase Associates with data provided by S&P Global Mobility as of December 31, 2022.
New Purchases
23.2K
Vehicles Sold
By Body Style
- Cars 4,117 (17.73%)
- UVs 12,774 (55.01%)
- Pickups 5,678 (24.45%)
- Vans/Minivans 654 (2.82%)
By Powertrain
- ICE / Hybrid 22,496 (96.87%)
- Electric 538 (2.32%)
- Plug-In Hybrid 189 (0.81%)
- Fuel Cell 0 (0%)
Auto-related Activity at Ports
Economic Activity From Past Decade
- Total Exports
- Total Imports
Economic Activity from 2022
- Total Exports
- Total Imports
Compiled by Powerbase Associates with data provided by USA Trade Online, figures represent port activity over the past decade and between January 1, 2022 - December 31, 2022.
Fueling
- Gasoline Stations 495
- EV Level 2 Charging Ports 136
- EV Level 2 Charging Stations 66
- EV DC Fast Charging Ports 4
- EV DC Fast Charging Stations 4
Compiled by Alliance for Automotive Innovation with data provided by U.S. Department of Energy's Alternative Fuels Data Center, figures represent fueling data as of January 1, 2023.
Consumers
$51.6K
Median Household Income
57.60%
Owner Occupied Housing
42.40%
Rental Occupied Housing
86.60%
Owner Occupied Single Family Homes
Commuting to Work
- Drive Alone to Work (77.50%)
- Carpool to Work (7.50%)
- Take Public Transportation (0.60%)
- Work From Home (12.10%)
- Other (2.30%)
Housing Type
- Single Family Home (50.50%)
- 1-Unit (13.40%)
- 2-4 Units (4.70%)
- 5-9 Units (6.10%)
- 10-19 Units (10.50%)
- 20+ Units (12.50%)
- Mobile / RV / Boat (2.30%)
Figures compiled by Alliance for Automotive Innovation with data provided U.S. Census Bureau's American Community Survey 2021.