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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 7

Autos Drive North Carolina Forward

Industry Impact

13.5K
13.5 Thousand total auto jobs in North Carolina
3.00%
3.00% depend on the auto industry for jobs
$780.7M
Total Labor Income Annually
27.8K
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

$90.2M
total state tax revenue
$985K
corporate profits tax
$15.6M
state income taxes

Registrations

719.6K
Registered

By Body Style

  • Cars 248,283 (34.5%)
  • UVs 252,825 (35.13%)
  • Pickups 171,976 (23.9%)
  • Vans/Minivans 36,739 (5.11%)

By Powertrain

  • ICE / Hybrid 716,749 (99.6%)
  • Electric 1,838 (0.26%)
  • Plug-In Hybrid 1,036 (0.14%)
  • Fuel Cell 0 (0%)
The North Carolina congressional district 7 average age of vehicles is 12.3 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

27.8K
Vehicles Sold

By Body Style

  • Cars 5,319 (19.11%)
  • UVs 15,003 (53.9%)
  • Pickups 6,665 (23.94%)
  • Vans/Minivans 849 (3.05%)

By Powertrain

  • ICE / Hybrid 26,994 (96.97%)
  • Electric 626 (2.25%)
  • Plug-In Hybrid 216 (0.78%)
  • Fuel Cell 0 (0%)

Auto-related Activity at Ports

Economic Activity From Past Decade

  • 1.9B 1.9 Billion Total Exports
  • 1.7B 1.7 Billion Total Imports

Economic Activity from 2022

  • 147.8M 147.8 Million Total Exports
  • 139.1M 139.1 Million 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 466
  • EV Level 2 Charging Ports 57
  • EV Level 2 Charging Stations 33
  • EV DC Fast Charging Ports 8
  • EV DC Fast Charging 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 data as of January 1, 2023.

Consumers
$56.9K
Median Household Income
71.70%
Owner Occupied Housing
28.30%
Rental Occupied Housing
84.70%
Owner Occupied Single Family Homes

Commuting to Work

  • Drive Alone to Work (77.30%)
  • Carpool to Work (7.70%)
  • Take Public Transportation (0.50%)
  • Work From Home (12.30%)
  • Other (2.20%)

Housing Type

  • Single Family Home (70.40%)
  • 1-Unit (2.50%)
  • 2-4 Units (4.30%)
  • 5-9 Units (4.20%)
  • 10-19 Units (2.20%)
  • 20+ Units (2.80%)
  • Mobile / RV / Boat (13.70%)

Figures compiled by Alliance for Automotive Innovation with data provided U.S. Census Bureau's American Community Survey 2021.