Living in Davidson, North Carolina
Cost of living, income, home prices, rent and demographics of Davidson · Census data 2020–2024
Davidson has 15,660 residents with a median age of 41.9. The median household income is $166,556 (130% higher than the North Carolina median), the median home value is $687,700, the median rent is $1,652/month.
Davidson at a glance
- Population
- 15,660
- Median age
- 41.9State: 39.1
- Median household income
- $166,556State: $72,388
- Median home value
- $687,700State: $288,900
- Median rent
- $1,652/moState: $1,228
- Homeowners
- 80%
- Bachelor's degree or higher
- 75.8%
- Average commute
- 24 min
Is Davidson a good place to live?
Pros: Median household income 130% higher than the North Carolina median; an average commute of 24 minutes; unemployment of 4.1%; a poverty rate of 7%.
Cons: Home values 138% higher than the state median.
The weather is best in April–May and September–October.
Cost of living in Davidson
Housing is the biggest part of the cost of living. In Davidson the median home value is $687,700, 107% higher than the U.S. median. Renters pay a median of $1,652 per month, which is 29.6% of household income. Homeowners with a mortgage pay $2,614 a month in housing costs.
Davidson median household income
The median household income in Davidson is $166,556 and the income per person is $86,576. 7% of residents live below the poverty line (North Carolina: 13%).
Housing in Davidson: homes for sale and rent
- Housing units
- 6,294
- Owner-occupied
- 80%
- Renter-occupied
- 20%
- Vacant
- 11.2%Includes seasonal homes
- Median year built
- 2005
- Average household size
- 2.48
Davidson demographics
- Population
- 15,660
- Median age
- 41.9
- Under 18
- 20.1%
- 65 and older
- 15.7%
- Households
- 5,589
- Foreign-born
- 5.8%
- Veterans
- 4.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Davidson ›
Education in Davidson
75.8% of adults 25 and older in Davidson have a bachelor's degree or higher (North Carolina: 35.7%), and 39% have a graduate or professional degree.
Jobs and commute in Davidson
- Unemployment rate
- 4.1%State: 4.7%
- Average commute
- 24 minState: 25 min
- Work from home
- 30.7%
- Drive alone
- 55.3%
- Public transit
- 1.2%
- Walk to work
- 7.4%
- Homes with broadband
- 96.8%
Davidson vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Davidson | 15,660 | $166,556 | $687,700 | $1,652 |
| Cornelius | 32,783 | $113,767 | $559,400 | $1,722 |
| Huntersville | 63,969 | $120,516 | $472,900 | $1,834 |
| Mooresville | 52,381 | $89,647 | $390,900 | $1,626 |
| Lake Norman of Iredell | 12,494 | $173,542 | $887,400 | $1,327 |
| Westport | 5,915 | $131,908 | $580,000 | $1,556 |
| Enochville | 3,321 | $66,225 | $265,700 | $1,089 |
| Kannapolis | 57,890 | $73,836 | $276,400 | $1,319 |
| Lowesville | 3,874 | $113,510 | $406,500 | $1,490 |
More for people moving to Davidson
Davidson ZIP code ›Weather and climate ›Living in Davidson: FAQ
What is the median household income in Davidson, NC?
The median household income in Davidson is $166,556, 130% 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 Davidson?
The median home value in Davidson is $687,700, compared with $288,900 in North Carolina.
How much is rent in Davidson?
The median gross rent in Davidson is $1,652 per month, about 29.6% of household income.
Is Davidson, NC a good place to live?
Pluses: median household income 130% higher than the North Carolina median; an average commute of 24 minutes; unemployment of 4.1%; a poverty rate of 7%. Minuses: home values 138% higher than the state median.
What is the median age in Davidson?
The median age in Davidson is 41.9 years (North Carolina: 39.1).
How long is the commute in Davidson?
The average commute to work in Davidson is 24 minutes; 30.7% of workers work from home.
What is the unemployment rate in Davidson?
The unemployment rate in Davidson is 4.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Davidson?
75.8% of adults in Davidson 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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