Valdese, NC
Full City Profile · North Carolina · Burke County County
3.5
/5.0
B+
Good
4,689
Population
597/sq mi density
$61,250
Median Income
$43,072 per capita
$171,300
Home Value
$241,497 Zillow
$627
Median Rent
20.8% income on rent
58°F
Avg Temperature
301 sunny days/yr
338
Violent Crime/100K
1,511 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$61,250 median income, 2.8% unemployment
A+
Affordability
5.0 / 5.0
$171,300 home value, $627/mo rent
F
Safety
1.0 / 5.0
338 violent crimes/100K
A
Education
4.0 / 5.0
37.9% bachelor's degree or higher
Income Overview
Median Household Income
$61,250
18% below
US avg: $75,149
Per Capita Income
$43,072
10% above
US avg: $39,052
Unemployment Rate
2.8%
22% below
US avg: 3.6%
Poverty Rate
4.7%
62% below
US avg: 12.4%
Income Comparison: Valdese vs. U.S. Average
Each bar shows Valdese’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$61,250
82%
Per Capita
US: $39,052
$43,072
110%
IRS Avg AGI
US: $72,000
$59,014
82%
Avg Weekly Wage
US: $1,432
$942
66%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$942
34% below US avg ($1,432)
Mean Commute Time
26 min
4% below US avg (28 min)
Work From Home
9.5%
38% below US avg (15.2%)
Drive Alone
84.9%
16% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$3,724M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
84.9%
Public Transit
0%
Work From Home
9.5%
Other
5.6%
Average commute time
26 minutes
US avg: 28 min
Business Landscape
Total Establishments
1,725
Restaurants
158
Healthcare
177
Retail
253
Manufacturing
111
Tax & Financial
IRS Avg Adjusted Gross Income
$59,014
18% below US avg ($72,000)
Avg Property Tax
$3,828
9% above US avg ($3,500)
Cost of Living Index
94.3
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $61,250 |
| Per Capita Income | $43,072 |
| IRS Avg Adjusted Gross Income | $59,014 |
| Avg Weekly Wage | $942 |
| County GDP | $3,724M |
Hardship Indicators
| Unemployment Rate | 2.8% |
| Poverty Rate | 4.7% |
| Gini Coefficient | 0.453 |
| Cost of Living Index | 94.3 |
Commute
| Mean Commute | 26 minutes |
| Drive Alone | 84.9% |
| Public Transit | 0.0% |
| Work From Home | 9.5% |
Businesses
| Total Establishments | 1,725 |
| Restaurants | 158 |
| Healthcare | 177 |
| Retail | 253 |
| Manufacturing | 111 |
Tax
| IRS Avg AGI | $59,014 |
| Avg Property Tax | $3,828 |
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