Living in Welcome, North Carolina
Cost of living, income, home prices, rent and demographics of Welcome · Census data 2020–2024
Welcome has 3,521 residents with a median age of 41.6. The median household income is $63,353 (12% lower than the North Carolina median), the median home value is $200,800, the median rent is $836/month.
Welcome at a glance
- Population
- 3,521
- Median age
- 41.6State: 39.1
- Median household income
- $63,353State: $72,388
- Median home value
- $200,800State: $288,900
- Median rent
- $836/moState: $1,228
- Homeowners
- 77.2%
- Bachelor's degree or higher
- 17.1%
- Average commute
- 26 min
Is Welcome a good place to live?
Pros: Home values 30% lower than the state median; unemployment of 3.3%; a poverty rate of 9.3%.
Cons: Median household income 12% lower than the North Carolina median; an average commute of 26 minutes.
The weather is best in April–May and September–October.
Cost of living in Welcome
Housing is the biggest part of the cost of living. In Welcome the median home value is $200,800, 40% lower than the U.S. median. Renters pay a median of $836 per month, which is 30.3% of household income. Homeowners with a mortgage pay $1,191 a month in housing costs.
Welcome median household income
The median household income in Welcome is $63,353 and the income per person is $32,425. 9.3% of residents live below the poverty line (North Carolina: 13%).
Housing in Welcome: homes for sale and rent
- Housing units
- 1,520
- Owner-occupied
- 77.2%
- Renter-occupied
- 22.8%
- Vacant
- 9.3%Includes seasonal homes
- Median year built
- 1978
- Average household size
- 2.55
Welcome demographics
- Population
- 3,521
- Median age
- 41.6
- Under 18
- 17.9%
- 65 and older
- 17.1%
- Households
- 1,379
- Foreign-born
- 1%
- Veterans
- 8.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Welcome ›
Education in Welcome
17.1% of adults 25 and older in Welcome have a bachelor's degree or higher (North Carolina: 35.7%), and 3.7% have a graduate or professional degree.
Jobs and commute in Welcome
- Unemployment rate
- 3.3%State: 4.7%
- Average commute
- 26 minState: 25 min
- Work from home
- 4.4%
- Drive alone
- 86.8%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 92.7%
Welcome vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Welcome | 3,521 | $63,353 | $200,800 | $836 |
| Midway | 4,897 | $83,446 | $274,100 | $778 |
| Lexington | 19,690 | $43,128 | $179,900 | $893 |
| Yadkin College | 400 | $110,219 | $253,300 | — |
| Advance | 1,408 | $115,391 | $434,400 | $819 |
| Wallburg | 3,150 | $88,406 | $343,700 | — |
| Thomasville | 27,321 | $60,935 | $179,300 | $879 |
| Tyro | 3,833 | $58,364 | $191,800 | $746 |
| Clemmons | 21,871 | $87,655 | $335,800 | $1,269 |
More for people moving to Welcome
Welcome ZIP code ›Weather and climate ›Living in Welcome: FAQ
What is the median household income in Welcome, NC?
The median household income in Welcome is $63,353, 12% 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 Welcome?
The median home value in Welcome is $200,800, compared with $288,900 in North Carolina.
How much is rent in Welcome?
The median gross rent in Welcome is $836 per month, about 30.3% of household income.
Is Welcome, NC a good place to live?
Pluses: home values 30% lower than the state median; unemployment of 3.3%; a poverty rate of 9.3%. Minuses: median household income 12% lower than the North Carolina median; an average commute of 26 minutes.
What is the median age in Welcome?
The median age in Welcome is 41.6 years (North Carolina: 39.1).
How long is the commute in Welcome?
The average commute to work in Welcome is 26 minutes; 4.4% of workers work from home.
What is the unemployment rate in Welcome?
The unemployment rate in Welcome is 3.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Welcome?
17.1% of adults in Welcome 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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