Living in Mount Gilead, North Carolina
Cost of living, income, home prices, rent and demographics of Mount Gilead · Census data 2020–2024
Mount Gilead has 1,197 residents with a median age of 43.5. The median household income is $58,885 (19% lower than the North Carolina median), the median home value is $157,300, the median rent is $1,061/month.
Mount Gilead is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Mount Gilead at a glance
- Population
- 1,197
- Median age
- 43.5State: 39.1
- Median household income
- $58,885State: $72,388
- Median home value
- $157,300State: $288,900
- Median rent
- $1,061/moState: $1,228
- Homeowners
- 61.2%
- Bachelor's degree or higher
- 28.3%
- Average commute
- 25 min
Is Mount Gilead a good place to live?
Pros: Home values 46% lower than the state median; an average commute of 25 minutes.
Cons: Median household income 19% lower than the North Carolina median; unemployment of 7.3%; a poverty rate of 16.8%.
The weather is best in April–May and September–October.
Cost of living in Mount Gilead
Housing is the biggest part of the cost of living. In Mount Gilead the median home value is $157,300, 53% lower than the U.S. median. Renters pay a median of $1,061 per month, which is 26.8% of household income. Homeowners with a mortgage pay $1,423 a month in housing costs.
Mount Gilead median household income
The median household income in Mount Gilead is $58,885 and the income per person is $29,338. 16.8% of residents live below the poverty line (North Carolina: 13%).
Housing in Mount Gilead: homes for sale and rent
- Housing units
- 693
- Owner-occupied
- 61.2%
- Renter-occupied
- 38.8%
- Vacant
- 24.8%Includes seasonal homes
- Median year built
- 1970
- Average household size
- 2.23
Mount Gilead demographics
- Population
- 1,197
- Median age
- 43.5
- Under 18
- 10.7%
- 65 and older
- 18.8%
- Households
- 521
- Foreign-born
- 20.9%
- Veterans
- 4.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Mount Gilead ›
Education in Mount Gilead
28.3% of adults 25 and older in Mount Gilead have a bachelor's degree or higher (North Carolina: 35.7%), and 17.9% have a graduate or professional degree.
Jobs and commute in Mount Gilead
- Unemployment rate
- 7.3%State: 4.7%
- Average commute
- 25 minState: 25 min
- Work from home
- 6.9%
- Drive alone
- 80.9%
- Public transit
- 0%
- Walk to work
- 0.7%
- Homes with broadband
- 91.4%
Mount Gilead vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Mount Gilead | 1,197 | $58,885 | $157,300 | $1,061 |
| Norwood | 2,433 | $51,639 | $185,200 | $919 |
| Ansonville | 651 | $48,750 | $92,400 | $906 |
| Aquadale | 156 | $69,063 | $156,300 | — |
| Troy | 2,926 | $51,731 | $160,100 | $675 |
| Albemarle | 16,762 | $46,881 | $204,800 | $880 |
| Badin | 2,184 | $53,145 | $160,200 | $975 |
| Biscoe | 2,116 | $45,190 | $128,700 | $625 |
| Candor | 1,160 | $57,639 | $164,900 | $1,020 |
More for people moving to Mount Gilead
Mount Gilead ZIP code ›Weather and climate ›Living in Mount Gilead: FAQ
What is the median household income in Mount Gilead, NC?
The median household income in Mount Gilead is $58,885, 19% 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 Mount Gilead?
The median home value in Mount Gilead is $157,300, compared with $288,900 in North Carolina.
How much is rent in Mount Gilead?
The median gross rent in Mount Gilead is $1,061 per month, about 26.8% of household income.
Is Mount Gilead, NC a good place to live?
Pluses: home values 46% lower than the state median; an average commute of 25 minutes. Minuses: median household income 19% lower than the North Carolina median; unemployment of 7.3%; a poverty rate of 16.8%.
What is the median age in Mount Gilead?
The median age in Mount Gilead is 43.5 years (North Carolina: 39.1).
How long is the commute in Mount Gilead?
The average commute to work in Mount Gilead is 25 minutes; 6.9% of workers work from home.
What is the unemployment rate in Mount Gilead?
The unemployment rate in Mount Gilead is 7.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Mount Gilead?
28.3% of adults in Mount Gilead 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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