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Johnston County, NC

RANK #748 / 996  ·  POP 219,042  ·  NC

PROJECTED GROWTH: -0.2%

Johnston County ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Johnston County?

Johnston County, North Carolina, is often recognized for the Bentonville Battlefield State Historic Site, the location of the last major Civil War battle in North Carolina. Situated in the state's Coastal Plain, the county is about 30 minutes southeast of Raleigh, placing it within the broader Research Triangle region. This proximity allows for a commute to Raleigh, while the county itself maintains a blend of rural landscapes and small towns like Smithfield, Clayton, and Benson. Outdoor recreation is available along the Neuse River with greenways for hiking and biking, and managed forests like Howell Woods Environmental Learning Center offer trails and wildlife viewing.

Life in the county balances agricultural roots with increasing development. Many residents commute to jobs in the nearby Triangle area. The economy is experiencing growth across several sectors, including industrial, logistics, manufacturing, and life sciences, with companies like Grifols Therapeutics and Novo Nordisk having a presence near Clayton. Educational institutions, such as Johnston Community College, contribute to workforce training, including programs for advanced manufacturing and biopharmaceutical jobs. The county's public school system, Johnston County Schools, serves a large student population across its elementary, middle, and high schools.

[02] Market Snapshot

Housing Ratio
5.9x

Above national median (4.7x)

GDP Growth
+8.2%

Well above national median

Home Prices
-1.4%

Prices declining

Climate & Terrain
-1.2

Below-average climate & terrain

Price/Rent
11x

Strong rental yield

Housing is fairly valued at 5.9x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Johnston County U.S. National

The Numbers

DEMOGRAPHICS
Population
219,042
+3.65% YoY
Median Household Income
$75,288
Median Home Value
$240,100
-1.36% 12mo
Median Rent
$970
Average Annual Pay
$55,305
+5.5% YoY
Employment
61,005
+4.1% YoY
Income-to-Home-Value
0.3136
More affordable than average
Migration Inflow
3.45%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$379,225
Days on Market
102
Slower market
Months of Supply
4.7
Balanced market
Sale-to-List Ratio
98.6%
Near asking price
Sold Above List
16.8%
Listings w/ Price Drops
21.8%
Building Permits (2024)
2,783
Single-Family Permits
2,775

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$6,002M
TOTAL
PROJECT AMOUNT STATUS
Novo Nordisk Biomanufacturing Campus Expansion
Novo Nordisk
$4,100M Under Construction
Vulcan Elements Rare Earth Magnet Facility
Vulcan Elements Inc.
$918M Planned
Johnston County Public Schools & Facilities Projects
Johnston County
$524M Planned
Grifols Therapeutics Expansion
Grifols
$210M Under Construction
Eastfield Crossing Mixed-Use Development
AdVenture Development
$150M Under Construction
Amazon Inbound Cross Dock Facility
Amazon
$100M Operating

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +8.2% 96 percentile
Population Growth +3.6% 98 percentile
Income Growth +14.0% 99 percentile
Vacancy Rate 0.7% 86 percentile
Home Price Change -1.4% 19 percentile
Rent Growth +0.4% 14 percentile
Price/Rent 11x 78 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Johnston County, NC a good place to move to?

Johnston County has a Boom Town Index score of 25/100, ranking #748 among 996 U.S. counties. With job growth at +4.1% and a median household income of $75,288, it faces some economic headwinds compared to faster-growing counties.

Is Johnston County affordable?

The median home value in Johnston County is $240,100 with median rent at $970/month. The income-to-home-value ratio is 0.3136, which is more affordable than the national average.

Is Johnston County growing or shrinking?

Population growth: +3.6% year-over-year. Job growth: +4.1%. Home values changed -1.4% in the past 12 months.

Are people moving to Johnston County?

Yes — 3.45% of Johnston County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Haywood County, NC 35 La Plata County, CO 35 Kent County, DE 35 St. Martin Parish, LA 35 Oklahoma County, OK 35 Alamance County, NC 35 Gaston County, NC 35 Moore County, NC 35