Living in Red Springs, North Carolina
Cost of living, income, home prices, rent and demographics of Red Springs · Census data 2020–2024
Red Springs has 3,125 residents with a median age of 32.7. The median household income is $20,833 (71% lower than the North Carolina median), the median home value is $100,800, the median rent is $582/month.
Red Springs at a glance
- Population
- 3,125
- Median age
- 32.7State: 39.1
- Median household income
- $20,833State: $72,388
- Median home value
- $100,800State: $288,900
- Median rent
- $582/moState: $1,228
- Homeowners
- 52.4%
- Bachelor's degree or higher
- 18%
- Average commute
- 23 min
Is Red Springs a good place to live?
Pros: Home values 65% lower than the state median; an average commute of 23 minutes.
Cons: Median household income 71% lower than the North Carolina median; unemployment of 8.6%; a poverty rate of 40%.
The weather is best in April–May and September–October.
Cost of living in Red Springs
Housing is the biggest part of the cost of living. In Red Springs the median home value is $100,800, 70% lower than the U.S. median. Renters pay a median of $582 per month, which is 30.5% of household income. Homeowners with a mortgage pay $1,226 a month in housing costs.
Red Springs median household income
The median household income in Red Springs is $20,833 and the income per person is $18,004. 40% of residents live below the poverty line (North Carolina: 13%).
Housing in Red Springs: homes for sale and rent
- Housing units
- 1,528
- Owner-occupied
- 52.4%
- Renter-occupied
- 47.6%
- Vacant
- 18.8%Includes seasonal homes
- Median year built
- 1968
- Average household size
- 2.48
Red Springs demographics
- Population
- 3,125
- Median age
- 32.7
- Under 18
- 27.4%
- 65 and older
- 17.1%
- Households
- 1,240
- Foreign-born
- 1.5%
- Veterans
- 5.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Red Springs ›
Education in Red Springs
18% of adults 25 and older in Red Springs have a bachelor's degree or higher (North Carolina: 35.7%), and 3.6% have a graduate or professional degree.
Jobs and commute in Red Springs
- Unemployment rate
- 8.6%State: 4.7%
- Average commute
- 23 minState: 25 min
- Work from home
- 0.4%
- Drive alone
- 89.2%
- Public transit
- 0%
- Walk to work
- 4.8%
- Homes with broadband
- 78.5%
Red Springs vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Red Springs | 3,125 | $20,833 | $100,800 | $582 |
| Prospect | 907 | $110,769 | $100,700 | — |
| Rennert | 292 | $26,875 | $45,800 | $653 |
| Pembroke | 2,822 | $25,889 | $129,400 | $707 |
| Maxton | 2,330 | $22,667 | $83,200 | $619 |
| St. Pauls | 2,688 | $36,800 | $111,000 | $781 |
| Parkton | 529 | $56,250 | $151,900 | $1,700 |
| Wagram | 754 | $52,159 | $111,700 | $823 |
| Raeford | 4,552 | $46,494 | $201,800 | $833 |
More for people moving to Red Springs
Red Springs ZIP code ›Weather and climate ›Living in Red Springs: FAQ
What is the median household income in Red Springs, NC?
The median household income in Red Springs is $20,833, 71% 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 Red Springs?
The median home value in Red Springs is $100,800, compared with $288,900 in North Carolina.
How much is rent in Red Springs?
The median gross rent in Red Springs is $582 per month, about 30.5% of household income.
Is Red Springs, NC a good place to live?
Pluses: home values 65% lower than the state median; an average commute of 23 minutes. Minuses: median household income 71% lower than the North Carolina median; unemployment of 8.6%; a poverty rate of 40%.
What is the median age in Red Springs?
The median age in Red Springs is 32.7 years (North Carolina: 39.1).
How long is the commute in Red Springs?
The average commute to work in Red Springs is 23 minutes; 0.4% of workers work from home.
What is the unemployment rate in Red Springs?
The unemployment rate in Red Springs is 8.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Red Springs?
18% of adults in Red Springs 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.
Last updated: