High Point, North Carolina Income Statistics
High Point Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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D
High Point Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | High Point | North Carolina Avg | US Average |
|---|---|---|---|
| Median Household Income | $62,315 | $72,438 | $80,455 |
| Median Personal Income | $49,902 | $54,489 | $60,758 |
| Average Yearly Income Growth | 5.3% | 5.2% | 4.8% |
| Six-Figure Earners | 8.3% | 11.9% | 13.9% |
| $200k+ Households | 6.6% | 10.4% | 13.2% |
The median household income in High Point is about 14% lower than in North Carolina. Income has been growing faster in High Point (5.3%/yr) than in North Carolina (5.2%/yr).
About 8% of adults in High Point 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 High Point, North Carolina grew by 50.6% from 2009 to 2024, reaching $62,315 in 2024. That's an average of about 5.3% per year.
Income Inequality and the Gender Pay Gap in High Point
| Metric | High Point | North Carolina Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.560 | 0.547 | 0.552 |
| Male Median Income | $54,686 | $63,136 | $69,667 |
| Female Median Income | $50,418 | $52,579 | $56,850 |
| Gender Pay Gap | 7.8% | 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 High Point, it is 0.560, 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 8% more than women's income in High Point, North Carolina. Over a 35-year career, a 8% wage gap accumulates to roughly $149,380 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in High Point, North Carolina has narrowed from about 20% to 8% in 2024. Over that period the gap was widest at 22% in 2013. In dollar terms, the gap has narrowed by $3,825 since 2009.
Employment
| Metric | High Point | North Carolina Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.2% | 4.6% | 5.2% |
| Working from Home | 10.1% | 16.3% | 15.0% |
| Commute time (minutes) | 17 | 21 | 22 |
Approximately 2,665 people are unemployed in High Point, North Carolina.
The average commute time in High Point is 17 minutes, shorter than the 21 minutes in North Carolina.
Unemployment Rate Over Time
Since 2011, the unemployment rate in High Point, North Carolina has fallen from 11.7% to 5.2% in 2024. Over that period the rate peaked at 13.3% in 2013.
High Point, NC Wealth Compared With Nearby Cities
How High Point, NC compares with the 1 cities closest to it.
| 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. |
|---|---|---|---|---|---|
| High Point, NC | 103,810 | $62,315 #1/2 | 5.3%/yr #2/2 | 5.2% #2/2 | 0.560 #2/2 |
| Thomasville, NC | 22,437 | $58,357 | 6.5%/yr | 4.0% | 0.497 |
Conclusion
Considering all these factors, High Point, North Carolina has an overall wealth index grade of D, making it somewhat worse than North Carolina, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in High Point, North Carolina.
How Rich Is High Point, North Carolina?
High Point has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $62,315, about 14% lower than the North Carolina average of $72,438.
How has median household income changed in High Point, North Carolina?
Between 2009 and 2024, the median household income in High Point, North Carolina rose 51%, from $41,374 to $62,315. Over the same years, income here lagged behind North Carolina as a whole: +51% against +61%.
What was the median household income in High Point in 2023?
In 2023, the median household income in High Point, North Carolina was $58,632, up 3% from $56,918 in 2022. The North Carolina median that year was $69,937.
What was the median household income in High Point in 2020?
In 2020, the median household income in High Point, North Carolina was $48,383. By 2024 it had risen 29% to $62,315.
What is the Gini coefficient in High Point, North Carolina?
The Gini coefficient in High Point is 0.560. 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 High Point, North Carolina?
Since 2009, the income gap between men and women in High Point, North Carolina has narrowed from about 20% to 8% in 2024. Over that period the gap was widest at 22% in 2013. In dollar terms, the gap has narrowed by $3,825 since 2009.
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