Granville County, North Carolina Income Statistics
Granville 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
Granville County Below averageWealthier than 70% of counties in North Carolina
Source: Map AI Methodology
Income Statistics Overview
| Metric | Granville County | North Carolina Avg | US Average |
|---|---|---|---|
| Median Household Income | $71,064 | $72,438 | $80,455 |
| Median Personal Income | $52,846 | $54,489 | $60,758 |
| Average Yearly Income Growth | 4.4% | 5.2% | 4.8% |
| Six-Figure Earners | 9.0% | 11.9% | 13.9% |
| $200k+ Households | 8.2% | 10.4% | 13.2% |
The median household income in Granville County is about 2% lower than in North Carolina. Income has been growing slower in Granville County (4.4%/yr) than in North Carolina (5.2%/yr).
About 9% of adults in Granville 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 Granville County, North Carolina grew by 48.6% from 2009 to 2024, reaching $71,064 in 2024. That's an average of about 4.4% per year.
Income Inequality and the Gender Pay Gap in Granville County
| Metric | Granville County | North Carolina Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.570 | 0.547 | 0.552 |
| Male Median Income | $61,062 | $63,136 | $69,667 |
| Female Median Income | $52,254 | $52,579 | $56,850 |
| Gender Pay Gap | 14.4% | 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 Granville County, it is 0.570, higher than North Carolina's 0.547, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 17% more than women's income in Granville County, North Carolina. Over a 35-year career, a 17% wage gap accumulates to roughly $308,280 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Granville County, North Carolina has narrowed from about 16% to 14% in 2024. Over that period the gap was widest at 21% in 2015, and was narrowest at 10% in 2012. In dollar terms, the gap has widened by $2,523 since 2009.
Employment
| Metric | Granville County | North Carolina Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.5% | 4.6% | 5.2% |
| Working from Home | 13.9% | 16.3% | 15.0% |
| Commute time (minutes) | 30 | 21 | 22 |
Approximately 1,228 people are unemployed in Granville County, North Carolina.
The average commute time in Granville County is 30 minutes, longer than the 21 minutes in North Carolina.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Granville County, North Carolina has fallen from 9.0% to 4.5% in 2024. Over that period the rate peaked at 10.6% in 2012 and fell as low as 4.4% in 2023.
Granville County, NC Wealth Compared With Nearby Counties
Granville County, NC is the 3rd largest of the 6 counties compared here, 60,874 residents against a local median of 42,305. Where Granville County, NC breaks from the counties next to it is income growth, sitting 21% below the local median of 5.6%/yr at 4.4%/yr. That is the weaker end of the local range on this measure.
The counties themselves spread 2.0%/yr on income growth, so Granville County, NC sits at one end of an already wide local range rather than apart from it. Granville County, NC has the 6th 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. |
|---|---|---|---|---|---|
| Granville County, NC | 60,874 | $71,064 #3/6 | 4.4%/yr #6/6 | 4.5% #3/6 | 0.570 #6/6 |
| Vance County, NC | 42,305 | $50,361 | 5.6%/yr | 8.2% | 0.529 |
| Person County, NC | 39,541 | $64,160 | 5.0%/yr | 5.6% | 0.548 |
| Durham County, NC | 331,707 | $84,826 | 5.7%/yr | 3.9% | 0.529 |
| Franklin County, NC | 74,421 | $74,339 | 6.7%/yr | 4.6% | 0.542 |
| Mecklenburg County, VA | 30,516 | $56,858 | 4.7%/yr | 2.6% | 0.536 |
Conclusion
Considering all these factors, Granville 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 Granville County, North Carolina.
How Rich Is Granville County, North Carolina?
Granville 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 $71,064, about 2% lower than the North Carolina average of $72,438.
How has median household income changed in Granville County, North Carolina?
Between 2009 and 2024, the median household income in Granville County, North Carolina rose 49%, from $47,810 to $71,064. Over the same years, income here lagged behind North Carolina as a whole: +49% against +61%.
What was the median household income in Granville County in 2023?
In 2023, the median household income in Granville County, North Carolina was $70,992, up 6% from $67,157 in 2022. The North Carolina median that year was $69,937.
What was the median household income in Granville County in 2020?
In 2020, the median household income in Granville County, North Carolina was $57,709. By 2024 it had risen 23% to $71,064.
What is the Gini coefficient in Granville County, North Carolina?
The Gini coefficient in Granville County is 0.570. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Granville County, North Carolina?
Since 2009, the income gap between men and women in Granville County, North Carolina has narrowed from about 16% to 14% in 2024. Over that period the gap was widest at 21% in 2015, and was narrowest at 10% in 2012. In dollar terms, the gap has widened by $2,523 since 2009.
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