2030 Comprehensive Land Use Plan - Pitt County Government

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Figure DPer Capita Income in Pitt CountyDemographic ConclusionThe statistics and graphics show a correlation between race, educational attainment, andincome. The northern part of Pitt County generally has lower levels of educationalattainment and income and higher percentages of minority populations. Initial efforts toimprove community health might be more effective if implemented in these areasidentified as higher risk.2030 Comprehensive Land Use Plan Appendix A: Inventory and AnalysisPitt County, North Carolina A-30
HousingHome prices in Pitt County suffered from the severe economic downturn that occurredbetween 2007 to 2010. For several years, reduced interest rates, followed by easy creditconditions, sub-prime lending, increased debt burden, incorrect pricing of risk, and a liquidityshortfall in the United States banking system had fueled a housing construction boom andcreated an unsustainable housing “bubble”. Loans of various types (e.g., mortgage, creditcard, and auto) were easy to obtain and consumers assumed an unprecedented debt load.Between 2007-2008, the decline of housing prices and the increasing rate of defaults andforeclosures caused the bubble to burst leading to a worldwide economic crisis.As housing prices declined, major global financial institutions that had borrowed and investedheavily in subprime mortgage backed securities reported significant losses. Falling prices alsoresulted in homes worth less than the mortgage loan, providing a financial incentive to enterforeclosure. The ensuing foreclosure epidemic drained wealth from consumers and eroded thefinancial strength of banking institutions. Defaults and losses on other loan types alsoincreased significantly as the crisis expanded from the housing market to other parts of theeconomy.Pitt County’s housing market has been affected by the economic crisis as well. Housing saleshave slowed considerably since 2007, however average home prices have remained relativelystable with no greater than a 5% change since the peak of the housing bubble. In 2010, theaverage price of a house sold in Pitt County was $152,738, based on the sale of 1,539 singlefamily homes, condos, townhomes, and manufactured homes sold through the real estatemultiple listing service. The average price of a residential lot was approximately $48,000.Foreclosure rates in Pitt County remain well below the national average. In May 2011, one inevery 1,590 homes in Pitt County received a foreclosure filing compared to one in every 605homes in the United States.Affordable HousingAccording to the 2009 American Community Survey (ACS), the median value of owneroccupiedhousing units in Pitt County was $133,700 - 28% lower than the national averageof $185,200. Median gross rental costs in Pitt County were $660 - 6% lower than thenational average of $702. By comparison, median household incomes were also 30% lowerin Pitt County than in the nation - $35,509 versus $50,221. Housing stock is split almostevenly between owner- and renter-occupied units, however housing affordability stillprevents many residents from obtaining safe, affordable housing.The 2009 ACS also found that over 37% of all households in Pitt County with annualincomes below $50,000 paid more than 30 percent of their income for housing. Over 20%of all households in the County pay more than 50 percent of their income on housing,leaving little money for basic necessities such as food, health care, or transportation. Manyof these households will require assistance in order to afford decent housing. Affordablehousing provides stability for families, improves opportunities for education and careeradvancement, and reduces the risk of homelessness for households that are dependent onlow wages or fixed incomes.2030 Comprehensive Land Use Plan Appendix A: Inventory and AnalysisPitt County, North Carolina A-31
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2010 Multi-jurisdictional Hazard Mi
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Table A-2 Indicators of Economic Gr
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infrastructure improvements such as
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The Comprehensive Land Use Plan Upd
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Growth and DevelopmentGoal: Manage
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Land UseLand use development goals
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Objective 6:Encourage well-planned
Page 19 and 20: Implementation Strategies:• Work
Page 21 and 22: Community Services and FacilitiesAl
Page 23 and 24: Natural EnvironmentThe northern por
Page 25 and 26: • Maintain open space, recreation
Page 27 and 28: • Continue to provide assistance
Page 29 and 30: Parks and Recreational FacilitiesAc
Page 31 and 32: program, to help solve the problem
Page 33 and 34: Objective 3:Continue to educate res
Page 35 and 36: Implementation Strategies:• Prepa
Page 37 and 38: Rural CommercialLimited commercial
Page 39 and 40: Section Four: Plan AmendmentsInitia
Page 41 and 42: Appendix A: Inventory and AnalysisH
Page 43 and 44: problems and issues, preparation of
Page 45 and 46: Insert Map A-1 Pitt County Planning
Page 47 and 48: General Location and DescriptionPit
Page 49 and 50: Municipalities within Pitt CountyTh
Page 51 and 52: SimpsonThe Village of Simpson was i
Page 53 and 54: Pitt County EconomyThe Pitt County/
Page 55 and 56: Table A-3Workforce by Industry in P
Page 57 and 58: Table A-5Major Manufacturers in Pit
Page 59 and 60: Agricultural EconomyAgriculture in
Page 61 and 62: CropTable A-10Pitt County Crops - 2
Page 63 and 64: EducationA local education system c
Page 65 and 66: Brody School of Medicine and Pitt C
Page 67 and 68: Figure BMinority Populations in Pit
Page 69: IncomeBased on the 2009 American Co
Page 73 and 74: Pitt County DemographicsPitt County
Page 75 and 76: Table A-20Growth by Township - 1970
Page 77 and 78: Insert Map A-3 Growth by Townships(
Page 79 and 80: Table A-23Comparison of Population
Page 81 and 82: Median AgeMedian age has continued
Page 83 and 84: 2009 American Community SurveyThe A
Page 85 and 86: Table A-29Housing Occupancy by Hous
Page 87 and 88: Planning Policies2002 Comprehensive
Page 89 and 90: motorists, maintain roadside views
Page 91 and 92: The County enforces the ordinance w
Page 93 and 94: Existing Land Use (Map A-4)As of Ju
Page 95 and 96: Insert Map A-4 Existing Land Use(No
Page 97 and 98: NC Transportation Improvement Progr
Page 99 and 100: 3. NC 43/Ivy RoadImprove safety and
Page 101 and 102: Bus and Mass Transit ServicesThe Gr
Page 103 and 104: Parks and RecreationThe availabilit
Page 105 and 106: Pitt County Greenway PlanThe Pitt C
Page 107 and 108: TrailTable A-36Pitt County Walking
Page 109 and 110: held a workshop with ground water u
Page 111 and 112: Figure FCentral Coastal Plain Capac
Page 113 and 114: Table A-37Water Treatment Systems &
Page 115 and 116: Insert Map A-5 Public Infrastructur
Page 117 and 118: “There has been a tendency in the
Page 119 and 120: Flood HazardsA combination of river
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Water Supply Watershed Protection (
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Stormwater RegulationsPitt County,
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discharges. Illegal discharges may
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Riparian buffers provide a number o
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North Carolina Natural Heritage Pro
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Soil Suitability (Map A-8)Pitt Coun
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Insert Map A-8 Soil Suitability(Not
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2. What are some of your ideas abou
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• Areas north of US Highway 264 a
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2030 Comprehensive Land Use Plan - Pitt County Government

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