Davidson County, North Carolina

Income Data

+2% vs. North Carolina average
$62,426
Median Household Income
$32,759
Per Capita Income

At a Glance

Median Household Income
$62,426
+2% vs. state avg
Per Capita Income
$32,759
-17% vs. national
Income-to-Housing Ratio
31.2%
income as % of home value
Rank in North Carolina
#38 / 100
by median household income

How Davidson County Compares

Davidson County$62,426
North Carolina Average$61,072
National Median$74,755

Detailed Income Statistics

$62,426
Median Household Income
$32,759
Per Capita Income
$200,100
Median Home Value
31.2%
Income-to-Housing Ratio

Data Story

About Household Income in Davidson County, North Carolina

Davidson Trails National Income Standard

Davidson County's median household income of $62,426 falls 16.5% below the national median of $74,755. The county ranks in the bottom third of U.S. counties for household income.

Slightly Below NC Average

Davidson's $62,426 median household income is 2.1% below North Carolina's state average of $61,072. The county ranks in the lower-middle tier of the state's income distribution.

Mixed Fortunes Among Peers

Davidson earns $2,209 more than Craven County but significantly less than nearby Davie County ($73,234). The county's Piedmont location positions it below coastal prosperity zones while ahead of rural eastern neighbors.

Housing Costs Very Manageable

At 16.6%, Davidson's rent-to-income ratio is the best in this comparison group, well below the 21% threshold for affordability. Median home values of $200,100 remain accessible for households at the median income level.

Leverage Low Housing Costs

Davidson's exceptional housing affordability frees up 15-20% of household income for savings and investment compared to national norms. Direct these savings toward retirement accounts and a diversified investment portfolio to build wealth despite below-average earnings.

Frequently Asked Questions

What is the median household income in Davidson County, North Carolina?
The median household income in Davidson County, North Carolina is $62,426, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Davidson County?
The per capita income in Davidson County is $32,759, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $62,426.
How does Davidson County compare to the North Carolina average?
Davidson County's median household income of $62,426 is higher than the North Carolina state average of $61,072. The per capita income is $32,759, compared to the state average of $33,920.
What is the per capita income in Davidson County, North Carolina?
The per capita income in Davidson County, North Carolina is $32,759, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Davidson County income higher than the North Carolina average?
Davidson County's median household income of $62,426 is higher than the North Carolina average of $61,072. This difference of $1,354 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Davidson County rank for income in North Carolina?
Davidson County ranks #38 out of 100 counties in North Carolina by median household income (1 = highest). With a median household income of $62,426 and per capita income of $32,759, it falls in the middle third of counties statewide.

Income Comparison Calculator

See how your household income compares in Davidson County

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Your income is above the Davidson County median

County median: $62,426 per year

vs. County Median

+0%

vs. State Average

+2%

vs. National Median

-16%

vs. Davidson County MedianAbout equal
vs. North Carolina Average2% above
vs. National Median16% below

Income Adequacy

Monthly income covers median rent6.0x

Your monthly income ($5,202) vs. median rent ($863/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.