Granville County, North Carolina
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Granville County Compares
Detailed Income Statistics
Income Advisory: Granville County
Income Verdict
Granville County has a median household income of $70,975 and per capita income of $33,166 — a gap of $37,809, suggesting a typical mix of dual-income and single-earner households.
Housing Affordability
With median gross rent at $1,008/month and a median household income of $70,975, rent consumes approximately 17.0% of monthly income — well within affordable thresholds.
Economic Context
A median household income of $70,975 suggests moderate-to-strong purchasing power, generally sufficient to cover essentials with room for discretionary spending in most markets. Per capita income of $33,166 is in line with national norms for individual earners.
Neighbor Context
Granville County earns approximately 16.2% above the North Carolina state median household income of $61,072, positioning it favorably within the state.
Data Story
About Household Income in Granville County, North Carolina
Granville approaches national income levels
Granville County's median household income of $70,975 ranks among North Carolina's highest, sitting just 5% below the national median of $74,755. The county demonstrates solid upper-middle income performance compared to U.S. averages.
Top earners in North Carolina
At $70,975, Granville's median household income ranks in the top tier of North Carolina counties, exceeding the state average of $61,072 by 16%. Per capita income of $33,166 sits near the state average, indicating relatively balanced wealth distribution.
Granville leads peer counties
Granville's $70,975 rivals Franklin County ($71,386) for the highest income in the region while substantially outpacing Edgecombe ($48,480) and Greene ($50,904). The county's economic strength positions it as a regional income leader.
Healthy housing affordability
Granville's rent-to-income ratio of 17.0% sits well below the 20% affordability threshold, indicating strong purchasing power for housing. A median home value of $235,700 remains accessible to median-income households with conventional financing.
Invest for long-term prosperity
Granville households earning $70,975 can comfortably save 20% annually ($14,195) while maintaining quality of life. Diversified index fund investing, real estate appreciation, and employer retirement matching create multiple pathways to generational wealth.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Granville County
Your income is above the Granville County median
County median: $70,975 per year
vs. County Median
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vs. State Average
+16%
vs. National Median
-5%
Income Adequacy
Your monthly income ($5,915) vs. median rent ($1,008/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.