Wilmington Property Management Companies
Signature Associates
- We are a team of real estate investors and business owners helping other investors to realize the maximum benefit of ownership. Contact us today to learn more about how we can help you achieve y... View full profile
208 South Third StreetWilmington, NC 28401
The Beach & Company
- The Beach & Company is a full-service Real Estate firm specializing in Homeowner Association Management. Involvement with condominium, townhouse, homeowner, and property owner Associations over t... View full profile 820 Thomasboro RoadCalabash, NC 28467
Are you looking for a professional property management company to oversee your home, condo, apartment building, commercial property or community association? Use our comprehensive directory of Wilmington property management companies to find and get quotes from multiple property managers in Wilmington, North Carolina. You can also read our guide to hiring a property manager which covers everything from understanding the property management fee to breaking down property management contracts.
| Wilmington | North Carolina | U.S. | |
|---|---|---|---|
| Median Home Value | $200,700 | $155,500 | $192,400 |
| Owner Costs > 30% Income | 13.8% | 14.6% | 14.7% |
| Gross Rent > 30% Income | 18% | 19.2% | 19.2% |
Wilmington Housing Market Stats
As of 2008, the rental vacancy rate in Wilmington stood at 14%, relatively high compared to the rest of the country. There are about 195,370 housing units, averaging $200,700 in value, 32% of which are occupied by renters. The rent to price ratio in Wilmington is 0.4%, slightly lower than the North Carolina average. For 18% of Wilmington tenants, 30% or more of their income goes to paying rent.
| Wilmington | North Carolina | U.S. | |
|---|---|---|---|
| Avg Commute Time (minutes) | 22.3 | 21.6 | 25.3 |
| Median Age | 38.5 | 35.3 | 36.7 |
| Avg Household Size - Owners | 2.33 | 2.5 | 2.7 |
| Avg Household Size - Renters | 2.18 | 2.3 | 2.42 |
| Median Household Income | $47,050 | $46,002 | $52,175 |
| Per Capita Income | $27,596 | $26,128 | $27,466 |
Wilmington Demographic Info
Wilmington has a population of 338,127, comprised of 145,003 households, with on average 2 members per household. Out of approximately 173,269 people in the civilian workforce, 162,433 (94%) were employed in 2008. 86% of the population 25 and older has earned a high school diploma, with 29% holding a 4 year college degree.
Wilmington Community Info
Wilmington, North Carolina is the county seat of New Hanover County. In 2000, the population of Wilmington was 75,838, but in 2008, the population increased to 100,192. The city of Wilmington was named after Spencer Compton the Earl of Wilmington. The original town was settled on the Cape Fear River, one of its main tourist attractions is the mile long Riverwalk that is located in the historic section of downtown Wilmington.
Wilmington's population is primarily white, currently about 70.57% of the population is white, but other races are present in the city. 25.82% of the population is African American, 0.9% of the population is Asian, and 2.3% of the population is Hispanic. Even though majority of the population is white, the public schools try to keep each of the schools racially and economically balanced. The way that they do this is by using a household's income to assign children to schools, which is quite different from other areas that assign schools based on where a family lives.
Two of the most important industries to the city of Wilmington are research and tourism. Tourism is a big deal in Wilmington because of how close the city is to the ocean, but also because of how lively the cities nightlife is; the better the nightlife the more tourists who stop in to see what is going on. In addition to the research and tourism industries, the movie industry helps to employ many people because of how much film production takes place in Wilmington.
Since Wilmington is located so close to the ocean, it only makes sense that some of the most popular activities are based around the ocean; the ocean is only a short drive away. In addition to the ocean, there are many other outdoor activities that you can take part in, as long as the weather permits. Golfing is another popular pastime for the residents of Wilmington, as well as biking. In fact, the first Thursday of every month a group of cyclists gather after the local Farmer's market has ended to take a bike ride throughout Wilmington.
The city of Wilmington has over 250 acres that are dedicated to neighborhood and citywide parks. These parks contain bike trails, playgrounds, picnic areas, open spaces, basketball courts, and many other nice features. Most of the parks are open until 11 pm. To help accommodate people who like to ride or play at night many of the parks have lighted facilities.