IncomeBy County

Vance County, North Carolina

Income Data

U.S. Census Bureau ACS
-23% vs. North Carolina average
$46,943
Median Household Income
$27,223
Per Capita Income

At a Glance

Median Household Income
$46,943
-23% vs. state avg
Per Capita Income
$27,223
-31% vs. national
Income-to-Housing Ratio
32.1%
income as % of home value
Rank in North Carolina
#87 / 100
by median household income

Economic Indicators

Unemployment Rate
N/A
Labor Force Participation
N/A

How Vance County Compares

Vance County$46,943
North Carolina Average$61,072
National Median$74,755

Detailed Income Statistics

$46,943
Median Household Income
$27,223
Per Capita Income
$146,300
Median Home Value
32.1%
Income-to-Housing Ratio

Income Advisory: Vance County

Income Verdict

Vance County has a median household income of $46,943 and per capita income of $27,223 — a gap of $19,720, suggesting a higher share of single-earner or non-family households.

Housing Affordability

With median gross rent at $860/month and a median household income of $46,943, rent consumes approximately 22.0% of monthly income — well within affordable thresholds.

Economic Context

With a median household income of $46,943, residents of Vance County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $27,223 suggests below-average individual earnings, which may reflect local employment mix or industrial composition.

Neighbor Context

Vance County earns approximately 23.1% below the North Carolina state median household income of $61,072.

Data Story

About Household Income in Vance County, North Carolina

Vance income trails national average

Vance County's median household income of $46,943 is 37% below the national median of $74,755. Like other rural North Carolina counties, Vance faces economic headwinds from limited high-wage employment sectors.

Below-average income for North Carolina

Vance ranks in the lower quartile of North Carolina counties at $46,943, earning 23% less than the state average of $61,072. The county's economy relies on agriculture, manufacturing, and smaller service industries.

Mixed fortunes among neighbors

Vance's $46,943 edges above Warren County ($45,279) but lags Wayne County ($58,082) and the state average. Its per capita income of $27,223 reflects income inequality challenges across the county.

Housing costs strain some households

Vance's rent-to-income ratio of 22% indicates housing consumes a notable but still manageable portion of earnings, above the county median for North Carolina. A median home value of $146,300 remains within reach for households near the county median income.

Start small, think long-term

Even modest incomes support wealth building through automatic savings and low-cost investment accounts. Community banks and credit unions in Vance offer financial literacy programs and affordable tools to help households build emergency reserves and retirement savings.

Frequently Asked Questions

What is the median household income in Vance County, North Carolina?
The median household income in Vance County, North Carolina is $46,943, 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 Vance County?
The per capita income in Vance County is $27,223, 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 $46,943.
How does Vance County compare to the North Carolina average?
Vance County's median household income of $46,943 is lower than the North Carolina state average of $61,072. The per capita income is $27,223, compared to the state average of $33,920.
What is the per capita income in Vance County, North Carolina?
The per capita income in Vance County, North Carolina is $27,223, 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.
Is Vance County a low-income area in North Carolina?
Vance County's median household income of $46,943 is below the North Carolina average of $61,072. The per capita income of $27,223 is also lower than the state average of $33,920. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Vance County rank for income in North Carolina?
Vance County ranks #87 out of 100 counties in North Carolina by median household income (1 = highest). With a median household income of $46,943 and per capita income of $27,223, it falls in the bottom third of counties statewide.

Income Comparison Calculator

See how your household income compares in Vance County

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Your income is above the Vance County median

County median: $46,943 per year

vs. County Median

+0%

vs. State Average

-23%

vs. National Median

-37%

vs. Vance County MedianAbout equal
vs. North Carolina Average▼ 23% below
vs. National Median▼ 37% below

Income Adequacy

Monthly income covers median rent4.5x

Your monthly income ($3,912) vs. median rent ($860/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

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

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