Yancey County, North Carolina
Income Data
At a Glance
How Yancey County Compares
Detailed Income Statistics
Data Story
About Household Income in Yancey County, North Carolina
Yancey income trails U.S. median
Yancey County's median household income of $54,961 falls $19,794 below the national median of $74,755, a 26% shortfall that reflects limited high-wage employment. Despite this gap, Yancey performs better than Wilkes and Wilson, suggesting a more diversified mountain economy.
Below state average but competitive
Yancey's $54,961 median sits $6,111 below North Carolina's state median of $61,072, placing the county in the lower half statewide. However, the modest gap suggests Yancey has stronger economic fundamentals than many rural counties, likely bolstered by tourism and mountain-related industries.
Mid-range earner in this group
Yancey earns more than Wilkes ($50,438) and Wilson ($51,381) but less than Yadkin ($60,321), positioning it as the third-strongest county among these four. This ranking reflects Yancey's mountain location and seasonal economy, which creates both opportunities and income volatility.
Moderate rent costs, high home prices
Yancey's rent-to-income ratio of 17.6% is manageable, but the median home value of $222,300 is the highest among these four counties—a steep price relative to household income. This gap signals that homeownership may be financially challenging for typical Yancey households despite strong mountain property appeal.
Plan before buying mountain property
Yancey's booming home values create wealth for current owners but can trap renters in a high-cost housing market relative to income. Before purchasing, households should ensure a solid down payment fund (20% minimum) and stable income to avoid stretching budgets to the breaking point.
Frequently Asked Questions
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Income Comparison Calculator
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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.