Living in Locust, North Carolina
Cost of living, income, home prices, rent and demographics of Locust · Census data 2020–2024
Locust has 5,840 residents with a median age of 36.2. The median household income is $76,504 (6% higher than the North Carolina median), the median home value is $322,100, the median rent is $895/month.
Locust at a glance
- Population
- 5,840
- Median age
- 36.2State: 39.1
- Median household income
- $76,504State: $72,388
- Median home value
- $322,100State: $288,900
- Median rent
- $895/moState: $1,228
- Homeowners
- 86.9%
- Bachelor's degree or higher
- 22.5%
- Average commute
- 33 min
Is Locust a good place to live?
Pros: Median household income 6% higher than the North Carolina median; unemployment of 3.6%; a poverty rate of 8.7%.
Cons: Home values 11% higher than the state median; an average commute of 33 minutes.
The weather is best in April–May and September–October.
Cost of living in Locust
Housing is the biggest part of the cost of living. In Locust the median home value is $322,100, 3% lower than the U.S. median. Renters pay a median of $895 per month, which is 37.9% of household income. Homeowners with a mortgage pay $1,621 a month in housing costs.
Locust median household income
The median household income in Locust is $76,504 and the income per person is $33,676. 8.7% of residents live below the poverty line (North Carolina: 13%).
Housing in Locust: homes for sale and rent
- Housing units
- 2,334
- Owner-occupied
- 86.9%
- Renter-occupied
- 13.1%
- Vacant
- 6%Includes seasonal homes
- Median year built
- 2006
- Average household size
- 2.66
Locust demographics
- Population
- 5,840
- Median age
- 36.2
- Under 18
- 23.8%
- 65 and older
- 19.4%
- Households
- 2,193
- Foreign-born
- 1.8%
- Veterans
- 4.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Locust ›
Education in Locust
22.5% of adults 25 and older in Locust have a bachelor's degree or higher (North Carolina: 35.7%), and 6.8% have a graduate or professional degree.
Jobs and commute in Locust
- Unemployment rate
- 3.6%State: 4.7%
- Average commute
- 33 minState: 25 min
- Work from home
- 13.5%
- Drive alone
- 75.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 86.7%
Locust vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Locust | 5,840 | $76,504 | $322,100 | $895 |
| Stanfield | 1,522 | $79,250 | $335,800 | $825 |
| Red Cross | 903 | $64,500 | $257,000 | $711 |
| Midland | 4,860 | $101,477 | $369,100 | $1,418 |
| Oakboro | 2,683 | $69,100 | $282,600 | $1,057 |
| Mount Pleasant | 2,230 | $90,795 | $306,500 | $1,178 |
| Fairview | 3,619 | $98,808 | $382,300 | $1,141 |
| Millingport | 522 | $84,464 | $209,900 | — |
| Harrisburg | 19,633 | $148,254 | $478,000 | $2,640 |
More for people moving to Locust
Locust ZIP code ›Weather and climate ›Living in Locust: FAQ
What is the median household income in Locust, NC?
The median household income in Locust is $76,504, 6% 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 Locust?
The median home value in Locust is $322,100, compared with $288,900 in North Carolina.
How much is rent in Locust?
The median gross rent in Locust is $895 per month, about 37.9% of household income.
Is Locust, NC a good place to live?
Pluses: median household income 6% higher than the North Carolina median; unemployment of 3.6%; a poverty rate of 8.7%. Minuses: home values 11% higher than the state median; an average commute of 33 minutes.
What is the median age in Locust?
The median age in Locust is 36.2 years (North Carolina: 39.1).
How long is the commute in Locust?
The average commute to work in Locust is 33 minutes; 13.5% of workers work from home.
What is the unemployment rate in Locust?
The unemployment rate in Locust is 3.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Locust?
22.5% of adults in Locust 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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