Living in Asheboro, North Carolina
Cost of living, income, home prices, rent and demographics of Asheboro · Census data 2020–2024
Asheboro has 27,580 residents with a median age of 37.3. The median household income is $47,197 (35% lower than the North Carolina median), the median home value is $188,100, the median rent is $906/month.
Asheboro at a glance
- Population
- 27,580
- Median age
- 37.3State: 39.1
- Median household income
- $47,197State: $72,388
- Median home value
- $188,100State: $288,900
- Median rent
- $906/moState: $1,228
- Homeowners
- 45.5%
- Bachelor's degree or higher
- 19.1%
- Average commute
- 22 min
Is Asheboro a good place to live?
Pros: Home values 35% lower than the state median; an average commute of 22 minutes; unemployment of 4%.
Cons: Median household income 35% lower than the North Carolina median; a poverty rate of 19.7%.
The weather is best in April–May and September–October.
Cost of living in Asheboro
Housing is the biggest part of the cost of living. In Asheboro the median home value is $188,100, 43% lower than the U.S. median. Renters pay a median of $906 per month, which is 28.5% of household income. Homeowners with a mortgage pay $1,307 a month in housing costs.
Asheboro median household income
The median household income in Asheboro is $47,197 and the income per person is $29,259. 19.7% of residents live below the poverty line (North Carolina: 13%).
Housing in Asheboro: homes for sale and rent
- Housing units
- 12,596
- Owner-occupied
- 45.5%
- Renter-occupied
- 54.5%
- Vacant
- 5.7%Includes seasonal homes
- Median year built
- 1981
- Average household size
- 2.25
Asheboro demographics
- Population
- 27,580
- Median age
- 37.3
- Under 18
- 25.1%
- 65 and older
- 18.3%
- Households
- 11,884
- Foreign-born
- 11.7%
- Veterans
- 7.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Asheboro ›
Education in Asheboro
19.1% of adults 25 and older in Asheboro have a bachelor's degree or higher (North Carolina: 35.7%), and 6.1% have a graduate or professional degree.
Jobs and commute in Asheboro
- Unemployment rate
- 4%State: 4.7%
- Average commute
- 22 minState: 25 min
- Work from home
- 5.7%
- Drive alone
- 82.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 85.2%
Asheboro vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Asheboro | 27,580 | $47,197 | $188,100 | $906 |
| Franklinville | 1,131 | $52,805 | $123,600 | $944 |
| Randleman | 4,644 | $53,456 | $184,700 | $801 |
| Ramseur | 2,150 | $35,923 | $155,300 | $683 |
| Seagrove | 407 | $64,926 | $157,500 | $705 |
| Staley | 456 | $80,250 | $132,500 | $869 |
| Archdale | 12,087 | $64,757 | $198,000 | $1,034 |
| Trinity | 7,111 | $82,664 | $216,600 | $955 |
| Liberty | 2,682 | $39,663 | $194,500 | $742 |
More for people moving to Asheboro
Asheboro ZIP code ›Weather and climate ›Living in Asheboro: FAQ
What is the median household income in Asheboro, NC?
The median household income in Asheboro is $47,197, 35% lower 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 Asheboro?
The median home value in Asheboro is $188,100, compared with $288,900 in North Carolina.
How much is rent in Asheboro?
The median gross rent in Asheboro is $906 per month, about 28.5% of household income.
Is Asheboro, NC a good place to live?
Pluses: home values 35% lower than the state median; an average commute of 22 minutes; unemployment of 4%. Minuses: median household income 35% lower than the North Carolina median; a poverty rate of 19.7%.
What is the median age in Asheboro?
The median age in Asheboro is 37.3 years (North Carolina: 39.1).
How long is the commute in Asheboro?
The average commute to work in Asheboro is 22 minutes; 5.7% of workers work from home.
What is the unemployment rate in Asheboro?
The unemployment rate in Asheboro is 4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Asheboro?
19.1% of adults in Asheboro 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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