Living in Parkton, North Carolina

Cost of living, income, home prices, rent and demographics of Parkton · Census data 2020–2024

Parkton has 529 residents with a median age of 40.9. The median household income is $56,250 (22% lower than the North Carolina median), the median home value is $151,900, the median rent is $1,700/month.

Parkton is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Parkton at a glance

Population
529
Median age
40.9State: 39.1
Median household income
$56,250State: $72,388
Median home value
$151,900State: $288,900
Median rent
$1,700/moState: $1,228
Homeowners
90.9%
Bachelor's degree or higher
17.1%
Average commute
33 min

Is Parkton a good place to live?

Pros: Home values 47% lower than the state median; unemployment of 2.5%.

Cons: Median household income 22% lower than the North Carolina median; an average commute of 33 minutes; a poverty rate of 20.8%.

The weather is best in April–May and September–October.

Cost of living in Parkton

Housing is the biggest part of the cost of living. In Parkton the median home value is $151,900, 54% lower than the U.S. median. Renters pay a median of $1,700 per month, which is 51% of household income. Homeowners with a mortgage pay $1,317 a month in housing costs.

Median home value

Parkton$151,900
North Carolina$288,900
United States$332,700

Median monthly rent

Parkton$1,700
North Carolina$1,228
United States$1,413

Parkton median household income

The median household income in Parkton is $56,250 and the income per person is $26,747. 20.8% of residents live below the poverty line (North Carolina: 13%).

Median household income

Parkton$56,250
North Carolina$72,388
United States$80,734

Housing in Parkton: homes for sale and rent

Housing units
228
Owner-occupied
90.9%
Renter-occupied
9.1%
Vacant
13.2%Includes seasonal homes
Median year built
1975
Average household size
2.67

Parkton demographics

Population
529
Median age
40.9
Under 18
25%
65 and older
20.2%
Households
198
Foreign-born
3%
Veterans
9.8%Adults 18+

Race and ethnicity

White48.4%
Hispanic or Latino7.8%
Black28.9%
Asian1.3%

Hispanic or Latino can be of any race. Population history of Parkton ›

Education in Parkton

17.1% of adults 25 and older in Parkton have a bachelor's degree or higher (North Carolina: 35.7%), and 5.9% have a graduate or professional degree.

Bachelor's degree or higher

Parkton17.1%
North Carolina35.7%
United States35.7%

Jobs and commute in Parkton

Unemployment rate
2.5%State: 4.7%
Average commute
33 minState: 25 min
Work from home
3%
Drive alone
81.8%
Public transit
0%
Walk to work
0%
Homes with broadband
87.4%

Parkton vs nearby towns

TownPopulationMedian incomeHome valueRent
Parkton529$56,250$151,900$1,700
Hope Mills17,939$65,774$190,600$1,141
St. Pauls2,688$36,800$111,000$781
Rockfish3,574$64,476$199,900$1,274
Rennert292$26,875$45,800$653
Red Springs3,125$20,833$100,800$582
Fayetteville210,815$58,407$188,000$1,250
Raeford4,552$46,494$201,800$833
Silver City592$20,893$97,300$1,168

More for people moving to Parkton

Parkton ZIP code ›Weather and climate ›

Living in Parkton: FAQ

What is the median household income in Parkton, NC?

The median household income in Parkton is $56,250, 22% 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 Parkton?

The median home value in Parkton is $151,900, compared with $288,900 in North Carolina.

How much is rent in Parkton?

The median gross rent in Parkton is $1,700 per month, about 51% of household income.

Is Parkton, NC a good place to live?

Pluses: home values 47% lower than the state median; unemployment of 2.5%. Minuses: median household income 22% lower than the North Carolina median; an average commute of 33 minutes; a poverty rate of 20.8%.

What is the median age in Parkton?

The median age in Parkton is 40.9 years (North Carolina: 39.1).

How long is the commute in Parkton?

The average commute to work in Parkton is 33 minutes; 3% of workers work from home.

What is the unemployment rate in Parkton?

The unemployment rate in Parkton is 2.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Parkton?

17.1% of adults in Parkton 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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