Living in Southmont, North Carolina

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

Southmont has 1,525 residents with a median age of 42.4. The median household income is $91,307 (26% higher than the North Carolina median), the median home value is $424,100.

Southmont at a glance

Population
1,525
Median age
42.4State: 39.1
Median household income
$91,307State: $72,388
Median home value
$424,100State: $288,900
Homeowners
93.2%
Bachelor's degree or higher
53.4%
Average commute
30 min

Is Southmont a good place to live?

Pros: Median household income 26% higher than the North Carolina median; unemployment of 0%.

Cons: Home values 47% higher than the state median; an average commute of 30 minutes; a poverty rate of 15.4%.

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

Cost of living in Southmont

Housing is the biggest part of the cost of living. In Southmont the median home value is $424,100, 27% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,930 a month in housing costs.

Median home value

Southmont$424,100
North Carolina$288,900
United States$332,700

Median monthly rent

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

Southmont median household income

The median household income in Southmont is $91,307 and the income per person is $50,364. 15.4% of residents live below the poverty line (North Carolina: 13%).

Median household income

Southmont$91,307
North Carolina$72,388
United States$80,734

Housing in Southmont: homes for sale and rent

Housing units
888
Owner-occupied
93.2%
Renter-occupied
6.8%
Vacant
22.1%Includes seasonal homes
Median year built
1995
Average household size
2.20

Southmont demographics

Population
1,525
Median age
42.4
Under 18
15%
65 and older
21.4%
Households
692
Foreign-born
1.5%
Veterans
8.8%Adults 18+

Race and ethnicity

White86%
Hispanic or Latino0%
Black0.4%
Asian1%

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

Education in Southmont

53.4% of adults 25 and older in Southmont have a bachelor's degree or higher (North Carolina: 35.7%), and 12.5% have a graduate or professional degree.

Bachelor's degree or higher

Southmont53.4%
North Carolina35.7%
United States35.7%

Jobs and commute in Southmont

Unemployment rate
0%State: 4.7%
Average commute
30 minState: 25 min
Work from home
15.8%
Drive alone
70.7%
Public transit
0%
Walk to work
0%
Homes with broadband
91.6%

Southmont vs nearby towns

TownPopulationMedian incomeHome valueRent
Southmont1,525$91,307$424,100—
East Spencer1,434$34,417$112,000$677
Spencer3,349$65,465$201,700$1,000
Denton1,506$50,847$167,400$842
Gold Hill914$73,187$279,600—
Rockwell2,782$69,632$237,200$952
Granite Quarry3,043$57,981$257,300$1,099
Lexington19,690$43,128$179,900$893
Faith917$139,844$264,000$944

More for people moving to Southmont

Southmont ZIP code ›Weather and climate ›

Living in Southmont: FAQ

What is the median household income in Southmont, NC?

The median household income in Southmont is $91,307, 26% 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 Southmont?

The median home value in Southmont is $424,100, compared with $288,900 in North Carolina.

Is Southmont, NC a good place to live?

Pluses: median household income 26% higher than the North Carolina median; unemployment of 0%. Minuses: home values 47% higher than the state median; an average commute of 30 minutes; a poverty rate of 15.4%.

What is the median age in Southmont?

The median age in Southmont is 42.4 years (North Carolina: 39.1).

How long is the commute in Southmont?

The average commute to work in Southmont is 30 minutes; 15.8% of workers work from home.

What is the unemployment rate in Southmont?

The unemployment rate in Southmont is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Southmont?

53.4% of adults in Southmont 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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