Alamance County, North Carolina Income Statistics
Alamance County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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C
Alamance County Below averageWealthier than 71% of counties in North Carolina
Source: Map AI Methodology
Income Statistics Overview
| Metric | Alamance County | North Carolina Avg | US Average |
|---|---|---|---|
| Median Household Income | $66,483 | $72,438 | $80,455 |
| Median Personal Income | $50,740 | $54,489 | $60,758 |
| Average Yearly Income Growth | 5.6% | 5.2% | 4.8% |
| Six-Figure Earners | 8.7% | 11.9% | 13.9% |
| $200k+ Households | 6.2% | 10.4% | 13.2% |
The median household income in Alamance County is about 8% lower than in North Carolina. Income has been growing faster in Alamance County (5.6%/yr) than in North Carolina (5.2%/yr).
About 9% of adults in Alamance County earn six figures ($100,000 or more) a year, lower than the North Carolina average of 12%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Alamance County, North Carolina grew by 50.2% from 2009 to 2024, reaching $66,483 in 2024. That's an average of about 5.6% per year.
Income Inequality and the Gender Pay Gap in Alamance County
| Metric | Alamance County | North Carolina Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.540 | 0.547 | 0.552 |
| Male Median Income | $57,792 | $63,136 | $69,667 |
| Female Median Income | $49,031 | $52,579 | $56,850 |
| Gender Pay Gap | 15.2% | 16.7% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Alamance County, it is 0.540, lower than North Carolina's 0.547, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 18% more than women's income in Alamance County, North Carolina. Over a 35-year career, a 18% wage gap accumulates to roughly $306,635 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Alamance County, North Carolina has narrowed from about 19% to 15% in 2024. Over that period the gap was widest at 20% in 2010, and was narrowest at 12% in 2023. In dollar terms, the gap has widened by $1,082 since 2009.
Employment
| Metric | Alamance County | North Carolina Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.1% | 4.6% | 5.2% |
| Working from Home | 11.3% | 16.3% | 15.0% |
| Commute time (minutes) | 22 | 21 | 22 |
Approximately 4,543 people are unemployed in Alamance County, North Carolina.
The average commute time in Alamance County is 22 minutes, longer than the 21 minutes in North Carolina.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Alamance County, North Carolina has fallen from 8.6% to 5.1% in 2024. Over that period the rate peaked at 10.0% in 2013 and fell as low as 4.9% in 2023.
Alamance County, NC Wealth Compared With Nearby Counties
Alamance County, NC is the 2nd largest of the 6 counties compared here, 176,834 residents against a local median of 92,115. Alamance County, NC sits close to the middle of its own neighbourhood. No measure below is more than 15% off the local median, so the choice between these counties turns on things this data does not capture.
The largest of those small differences is income growth, 14% above the local median at 5.6%/yr against 4.9%/yr. Alamance County, NC has the 3rd highest income growth of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Alamance County, NC | 176,834 | $66,483 #4/6 | 5.6%/yr #3/6 | 5.1% #4/6 | 0.540 #3/6 |
| Orange County, NC | 149,658 | $88,923 | 4.8%/yr | 3.6% | 0.586 |
| Caswell County, NC | 22,375 | $59,654 | 5.9%/yr | 5.1% | 0.549 |
| Chatham County, NC | 80,150 | $93,685 | 6.1%/yr | 2.9% | 0.538 |
| Guilford County, NC | 547,431 | $68,970 | 4.9%/yr | 4.6% | 0.557 |
| Rockingham County, NC | 92,115 | $56,850 | 4.5%/yr | 5.8% | 0.529 |
Conclusion
Considering all these factors, Alamance County, North Carolina has an overall wealth index grade of C, making it about on par with North Carolina, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Alamance County, North Carolina.
How Wealthy Is Alamance County, North Carolina?
Alamance County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $66,483, about 8% lower than the North Carolina average of $72,438.
How fast is household income rising in Alamance County, North Carolina?
Between 2009 and 2024, the median household income in Alamance County, North Carolina rose 50%, from $44,276 to $66,483. Over the same years, income here lagged behind North Carolina as a whole: +50% against +61%.
What was the median household income in Alamance County in 2023?
In 2023, the median household income in Alamance County, North Carolina was $65,137, up 7% from $60,976 in 2022. The North Carolina median that year was $69,937.
What was the median household income in Alamance County in 2020?
In 2020, the median household income in Alamance County, North Carolina was $51,936. By 2024 it had risen 28% to $66,483.
What is the Gini coefficient in Alamance County, North Carolina?
The Gini coefficient in Alamance County is 0.540. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Alamance County, North Carolina?
Since 2009, the income gap between men and women in Alamance County, North Carolina has narrowed from about 19% to 15% in 2024. Over that period the gap was widest at 20% in 2010, and was narrowest at 12% in 2023. In dollar terms, the gap has widened by $1,082 since 2009.
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