26 / 100

Johnston County, NC

Clayton

RANK #733 / 996 NAT  ·  #37 / 51 NC  ·  POP 219,042

1YR FORECAST: -0.1%

5YR OUTLOOK: +18%

#19 Fastest Growing #35 Highest GDP Growth
Our model projects Johnston County's housing market at -0.1% over the next year, underperforming most U.S. counties.

[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] Top Employers

  1. 1
    Johnston County Public Schools Education
    2,500+
  2. 2
    Novo Nordisk Pharmaceutical Manufacturing
  3. 3
    Grifols Therapeutics Inc Manufacturing
    1,000+
  4. 4
    Johnston Health (UNC Health Care) Healthcare
  5. 5
    County of Johnston Government
  6. 6
    Asplundh Tree Expert Co. Other
    500+
  7. 7
    Walmart Associates Inc Retail
  8. 8
    Food Lion Retail
  9. 9
    Caterpillar Inc Manufacturing
  10. 10
    AAF Flanders Manufacturing

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[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
Bachelor's Degree+
26.2%
of residents (national avg: 33%)

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] Crime & Safety

B-
SAFETY
GRADE
Homicide Rate
4.3
per 100K · nat avg 6.3
Firearm Fatalities
13.1
per 100K · nat avg 14.8
Injury Deaths
86.0
per 100K · nat avg 76.3
vs National Average
Below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
43.3
Good
Good Air Days
69%
751 of 1,095 days
Unhealthy+ Days (3yr)
2
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
44
2022
42
2023
44
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] 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.

[08] 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.

[09] Frequently Asked Questions

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

At 26/100, Johnston County faces headwinds that place it in the lower third of the 996 counties we track. Median income of $75,288 combined with job growth of +4.1% suggests the local economy is struggling to keep pace with national trends.

Is Johnston County affordable?

Housing in Johnston County is roughly in line with national affordability norms. The median home costs $240,100 and the income-to-home-value ratio sits at 0.31, with rents averaging $970/month. Not a bargain, but not a stretch for most local earners either.

Is Johnston County growing or shrinking?

Johnston County is growing on multiple fronts. Population is up +3.6% year-over-year while employers added jobs at a +4.1% clip. Home values shifted -1.4% in the past year.

Are people moving to Johnston County?

There's a moderate stream of newcomers. About 3.45% of residents moved from another state, which is above average and suggests Johnston County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Henderson County, NC 27 Hoke County, NC 27 Surry County, NC 28 Brunswick County, NC 31 Iredell County, NC 35 Moore County, NC 17 Richmond County, GA 26 Warren County, OH 26