Economic Insights

See Auto Industry Impacts at the National, State, and Congressional District levels.

Every State is an Auto State

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Congressional District 1

Autos Drive North Carolina Forward

Industry Impact

8.9K
8.9 Thousand total auto jobs in North Carolina
2.03%
2.03% depend on the auto industry for jobs
$427.3M
Total Labor Income Annually
$796M
Total Car Sales in 2018
25.5K
Total New Cars Sold in 2018
Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2018 data year; compiled by Auto Alliance with data provided by IHS Markit, sales figures represent new vehicle registrations between January 1, 2018 - December 31, 2018.

Tax Revenue

$43M
total state tax revenue
$498.2K
corporate profits tax
$5.5M
state income taxes

Registrations

602.1K
Registered

By Body Style

  • Cars 291,755 (48.45%)
  • CUVs 90,403 (15.01%)
  • SUVs 62,724 (10.42%)
  • Pickups 120,198 (19.96%)
  • Vans/Minivans 37,039 (6.15%)

By Powertrain

  • Gas 580,884 (96.47%)
  • Diesel 11,666 (1.94%)
  • Hybrid 8,648 (1.44%)
  • Electric 505 (0.08%)
  • Plug-In Hybrid 416 (0.07%)
The North Carolina congressional district 1 average age of vehicles is 12.62 years.

Figures compiled by Alliance for Automotive Innovation with data provided by IHS Markit as of December 31, 2018.

New Purchases

25.5K
Vehicles Sold

By Body Style

  • Cars 9,706 (38.12%)
  • CUVs 8,865 (34.82%)
  • SUVs 1,840 (7.23%)
  • Pickups 4,043 (15.88%)
  • Vans/Minivans 1,006 (3.95%)

By Powertrain

  • Gas 24,043 (94.44%)
  • Diesel 592 (2.33%)
  • Hybrid 517 (2.03%)
  • Electric 222 (0.87%)
  • Plug-In Hybrid 86 (0.34%)

Auto-related Activity at Ports

Economic Activity From Past Decade

  • 0.00 0.00 Total Imports
  • 0.00 0.00 Total Imports

Economic Activity from 2018

  • 0.00 0.00 Total Imports
  • 0.00 0.00 Total Imports

Compiled by the Alliance for Automotive Innovation with data provided by USA Trade Online, figures represent port activity over the past decade and between January 1, 2018 - December 31, 2018.

Fueling

  • Gasoline Stations 365
  • Electric Charging Stations 47
  • Biodiesel Stations 2
  • Compressed Natural Gas Stations 2
  • Liquefied Petroleum Gas Stations 5

Compiled by Alliance for Automotive Innovation with data provided by U.S. Department of Energy's Alternative Fuels Data Center, figures represent fueling stations as of April 9, 2019.

Consumers
$31.3K
Average MSRP Per New Car
$43.9K
Median Household Income
$3.7K
Median Monthly Household Income
$476.16
Median Monthly New Car Payment
13.03%
Car Payment As Percent Of Monthly Income

Commuting to Work

  • Drive Alone to Work (81%)
  • Carpool to Work (9%)
  • Take Public Transportation (1%)
  • Other (7%)

Figures compiled by Alliance for Automotive Innovation with data provided by IHS Markit, U.S. Census Bureau’s American Community Survey 2017 and Federal Reserve Bank of St. Louis. Median Monthly New Car Payment computed for a 60-month loan based on MSRP with 20% down and an APR of 5.36%.