Locust, NC

Full City Profile · North Carolina · Cabarrus County County

3.8 /5.0
B+ Good
5,529 Population 673/sq mi density
$78,280 Median Income $31,392 per capita
$285,800 Home Value $383,271 Zillow
$887 Median Rent 40.0% income on rent
61°F Avg Temperature
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$78,280 median income, 3.9% unemployment
A+
Affordability
4.6 / 5.0
$285,800 home value, $887/mo rent
C+
Education
2.5 / 5.0
18.9% bachelor's degree or higher

Locust, NC

At a Glance

Median Income
$78,280
4% above
$31,392 per capita
Home Value
$285,800
1% above
Zillow: $383,271
Median Rent
$887/mo
24% below
40.0% of income on rent
Bachelor's Degree+
18.9%
44% below
86.4% high school+
Unemployment
3.9%
8% above
5.1% poverty rate
Obesity Rate
33.9%
6% above
14.9% smoking rate
Avg Temperature
61°F

How Locust Compares to the U.S. Average

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

Income
104%
Home Value
101%
Rent
76%
Poverty
41%
Bachelor's
56%
Unemployment
108%
Thin vertical line = U.S. national average (100%)

Is Locust a Good Place to Live?

B+
3.8 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Locust residents earn a median household income of $78,280 , which is 4% above the national average of $75,149. Per capita income is $31,392. The unemployment rate stands at 3.9% (8% above the U.S. rate of 3.6%). 5.1% of residents live below the poverty line. The area is home to 6,614 business establishments, including 487 restaurants.

Housing & Cost of Living

The median home value in Locust is $285,800 , 1% above the national median of $281,900. Zillow estimates the typical home at $383,271. Median rent is $887/month, with 40.0% of renters spending more than 30% of income on housing. The cost of living index is 94.3 (100 = national average). The median home was built in 1999.

Education

18.9% of adults in Locust hold a bachelor's degree or higher (44% below the national average). 86.4% have completed high school. Local schools score 5.8/10 in standardized testing.

Climate & Weather

Locust has an average annual temperature of 61°F (16°C). Winters average 41°F in January while summers reach 80°F in July. Annual precipitation totals 47.9 inches.

Data Overview

People

Population5,529
Median Age35.4 yrs
Density673/mi²
Male / Female46% / 54%
Foreign Born1.0%
Veterans5.5%

Economy

A
Median Income$78,280
Per Capita$31,392
Unemployment3.9%
Poverty5.1%
County GDP$12,962M
Avg Weekly Wage$1,087

Housing

A+
Home Value$285,800
Rent$887
Ownership88.1%
Zillow$383,271
Housing Units2,102
Rent Burden40.0%

Health

Obesity33.9%
Diabetes9.2%
Smoking14.9%
Heart Disease5.4%
Premature Death7,537/100K

Climate

Avg Temp61°F
Rain47.9 in/yr
Elevation627 ft

Education

C+
Bachelor's+18.9%
High School+86.4%
Graduate+8.3%
School Score5.8/10

Community

2024 VoteR 53% / D 45%
Commute33 min
Broadband87.8%
Internet Speed226 Mbps
EV Stations1
Libraries5

Did You Know?

The median home in Locust was built in 1999.
The nearest airport is Concord-Padgett Regional (17 miles).
The Gini coefficient (income inequality) is 0.435 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
16.8% of the population has a disability.
Average internet download speed is 226 Mbps.
There are 487 restaurants in the area.
The county recorded 29 fatal vehicle crashes.