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North Carolina · Census place 69520

Valdese town, NC

Quick answer

Valdese town has 4,689 residents, ranking #176 of 777 places in North Carolina. Median household income is $61,250, the median home is worth $171,300 and median gross rent runs $627 a month.

Population
4,689Valdese town residents
Median household income
$61,250Past 12 months, inflation adjusted
Median home value
$171,300Owner-occupied units
Median gross rent
$627Rent plus utilities, monthly
Median age
53.2 yrsAll residents
Homeownership rate
76%Owner-occupied households

What the numbers mean in Valdese town

Housing cost measured against local earnings.

A household earning the Valdese town median would spend about 12.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8.8% of residents and 76% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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