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Albemarle, NC

Full City Profile · North Carolina · Stanly County County

2.9 /5.0
C+ Fair
16,527 Population 918/sq mi density
$52,825 Median Income $28,111 per capita
$186,100 Home Value $258,769 Zillow
$856 Median Rent 27.7% income on rent
60°F Avg Temperature 310 sunny days/yr
905 Violent Crime/100K 5,467 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$52,825 median income, 2.9% unemployment
A+
Affordability
4.7 / 5.0
$186,100 home value, $856/mo rent
F
Safety
1.0 / 5.0
905 violent crimes/100K (138% above avg)
C+
Education
2.7 / 5.0
21.5% bachelor's degree or higher

Income Overview

Median Household Income
$52,825
30% below
US avg: $75,149
Per Capita Income
$28,111
28% below
US avg: $39,052
Unemployment Rate
2.9%
19% below
US avg: 3.6%
Poverty Rate
18.0%
45% above
US avg: 12.4%

Income Comparison: Albemarle vs. U.S. Average

Each bar shows Albemarle’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$52,825
70%
Per Capita
US: $39,052
$28,111
72%
IRS Avg AGI
US: $72,000
$67,178
93%
Avg Weekly Wage
US: $1,432
$860
60%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$860
40% below US avg ($1,432)
Mean Commute Time
26 min
6% below US avg (28 min)
Work From Home
7.6%
50% below US avg (15.2%)
Drive Alone
78.2%
7% above US avg (73.2%)
Public Transit
1.3%
73% below US avg (5.0%)
County GDP
$2,785M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 78.2%
Public Transit 1.3%
Work From Home 7.6%
Other 12.9%
Average commute time
26 minutes
US avg: 28 min

Business Landscape

Total Establishments
1,703
Restaurants
130
Healthcare
162
Retail
249
Manufacturing
85

Tax & Financial

IRS Avg Adjusted Gross Income
$67,178
7% below US avg ($72,000)
Avg Property Tax
$3,478
1% below US avg ($3,500)
Cost of Living Index
94.3
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$52,825
Per Capita Income$28,111
IRS Avg Adjusted Gross Income$67,178
Avg Weekly Wage$860
County GDP$2,785M

Hardship Indicators

Unemployment Rate2.9%
Poverty Rate18.0%
Gini Coefficient0.454
Cost of Living Index94.3

Commute

Mean Commute26 minutes
Drive Alone78.2%
Public Transit1.3%
Work From Home7.6%

Businesses

Total Establishments1,703
Restaurants130
Healthcare162
Retail249
Manufacturing85

Tax

IRS Avg AGI$67,178
Avg Property Tax$3,478