Living in Alamance, North Carolina
Cost of living, income, home prices, rent and demographics of Alamance · Census data 2020–2024
Alamance has 1,267 residents with a median age of 40.1. The median household income is $99,375 (37% higher than the North Carolina median), the median home value is $407,300, the median rent is $1,156/month.
Alamance is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Alamance at a glance
- Population
- 1,267
- Median age
- 40.1State: 39.1
- Median household income
- $99,375State: $72,388
- Median home value
- $407,300State: $288,900
- Median rent
- $1,156/moState: $1,228
- Homeowners
- 78.3%
- Bachelor's degree or higher
- 38.8%
- Average commute
- 26 min
Is Alamance a good place to live?
Pros: Median household income 37% higher than the North Carolina median; unemployment of 0.2%; a poverty rate of 10.3%.
Cons: Home values 41% higher than the state median; an average commute of 26 minutes.
The weather is best in April–May and September–October.
Cost of living in Alamance
Housing is the biggest part of the cost of living. In Alamance the median home value is $407,300, 22% higher than the U.S. median. Renters pay a median of $1,156 per month, which is 28.1% of household income. Homeowners with a mortgage pay $2,080 a month in housing costs.
Alamance median household income
The median household income in Alamance is $99,375 and the income per person is $41,632. 10.3% of residents live below the poverty line (North Carolina: 13%).
Housing in Alamance: homes for sale and rent
- Housing units
- 413
- Owner-occupied
- 78.3%
- Renter-occupied
- 21.7%
- Vacant
- 0.7%Includes seasonal homes
- Median year built
- 2001
- Average household size
- 3.09
Alamance demographics
- Population
- 1,267
- Median age
- 40.1
- Under 18
- 33.9%
- 65 and older
- 12.6%
- Households
- 410
- Foreign-born
- 3.1%
- Veterans
- 6.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Alamance ›
Education in Alamance
38.8% of adults 25 and older in Alamance have a bachelor's degree or higher (North Carolina: 35.7%), and 15% have a graduate or professional degree.
Jobs and commute in Alamance
- Unemployment rate
- 0.2%State: 4.7%
- Average commute
- 26 minState: 25 min
- Work from home
- 25.1%
- Drive alone
- 69%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 94.4%
Alamance vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Alamance | 1,267 | $99,375 | $407,300 | $1,156 |
| Burlington | 59,610 | $56,880 | $199,200 | $1,051 |
| Elon | 11,032 | $84,773 | $366,300 | $2,080 |
| Graham | 18,048 | $56,239 | $233,800 | $1,071 |
| Whitsett | 569 | $83,393 | $213,000 | $1,167 |
| Gibsonville | 9,467 | $95,861 | $298,000 | $1,034 |
| Glen Raven | 3,506 | $63,173 | $224,000 | $743 |
| Swepsonville | 2,517 | $100,559 | $311,200 | $1,191 |
| Sedalia | 772 | $69,712 | $206,500 | — |
More for people moving to Alamance
Alamance ZIP code ›Weather and climate ›Living in Alamance: FAQ
What is the median household income in Alamance, NC?
The median household income in Alamance is $99,375, 37% higher than the North Carolina median of $72,388 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Alamance?
The median home value in Alamance is $407,300, compared with $288,900 in North Carolina.
How much is rent in Alamance?
The median gross rent in Alamance is $1,156 per month, about 28.1% of household income.
Is Alamance, NC a good place to live?
Pluses: median household income 37% higher than the North Carolina median; unemployment of 0.2%; a poverty rate of 10.3%. Minuses: home values 41% higher than the state median; an average commute of 26 minutes.
What is the median age in Alamance?
The median age in Alamance is 40.1 years (North Carolina: 39.1).
How long is the commute in Alamance?
The average commute to work in Alamance is 26 minutes; 25.1% of workers work from home.
What is the unemployment rate in Alamance?
The unemployment rate in Alamance is 0.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Alamance?
38.8% of adults in Alamance have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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