Person County, North Carolina Income Statistics
Person 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
Person County Below averageWealthier than 76% of counties in North Carolina
Source: Map AI Methodology
Income Statistics Overview
| Metric | Person County | North Carolina Avg | US Average |
|---|---|---|---|
| Median Household Income | $64,160 | $72,438 | $80,455 |
| Median Personal Income | $54,396 | $54,489 | $60,758 |
| Average Yearly Income Growth | 5.0% | 5.2% | 4.8% |
| Six-Figure Earners | 9.6% | 11.9% | 13.9% |
| $200k+ Households | 7.1% | 10.4% | 13.2% |
The median household income in Person County is about 11% lower than in North Carolina. Income has been growing slower in Person County (5.0%/yr) than in North Carolina (5.2%/yr).
About 10% of adults in Person 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 Person County, North Carolina grew by 44.6% from 2009 to 2024, reaching $64,160 in 2024. That's an average of about 5.0% per year.
Income Inequality and the Gender Pay Gap in Person County
| Metric | Person County | North Carolina Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.548 | 0.547 | 0.552 |
| Male Median Income | $64,206 | $63,136 | $69,667 |
| Female Median Income | $52,166 | $52,579 | $56,850 |
| Gender Pay Gap | 18.8% | 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 Person County, it is 0.548, about the same as North Carolina's 0.547, so income here is about as evenly distributed as there, and about the same as the US's 0.552, so income here is about as evenly distributed as there.
Men's income is about 23% more than women's income in Person County, North Carolina. Over a 35-year career, a 23% wage gap accumulates to roughly $421,400 in unearned income for female workers in the area.
Income by Sex Over Time
The income gap between men and women in Person County, North Carolina has stayed about the same since 2009, at around 19%. Over that period the gap was widest at 20% in 2011, and was narrowest at 7% in 2019. In dollar terms, the gap has widened by $4,068 since 2009.
Employment
| Metric | Person County | North Carolina Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.6% | 4.6% | 5.2% |
| Working from Home | 12.9% | 16.3% | 15.0% |
| Commute time (minutes) | 28 | 21 | 22 |
Approximately 1,095 people are unemployed in Person County, North Carolina.
The average commute time in Person County is 28 minutes, longer than the 21 minutes in North Carolina.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Person County, North Carolina has fallen from 10.5% to 5.6% in 2024. Over that period the rate peaked at 13.1% in 2016 and fell as low as 3.7% in 2022.
Person County, NC Wealth Compared With Nearby Counties
Person County, NC is the 4th largest of the 6 counties compared here, 39,541 residents against a local median of 60,874. The measure that sets Person County, NC apart most is unemployment: 5.6%, 32% above the local median of 4.2%. That is the weaker end of the local range on this measure.
The counties themselves spread 1.5% on unemployment, so Person County, NC sits at one end of an already wide local range rather than apart from it. Person County, NC has the 6th lowest unemployment 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. |
|---|---|---|---|---|---|
| Person County, NC | 39,541 | $64,160 #4/6 | 5.0%/yr #3/6 | 5.6% #6/6 | 0.548 #2/6 |
| Granville County, NC | 60,874 | $71,064 | 4.4%/yr | 4.5% | 0.570 |
| 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 |
| Durham County, NC | 331,707 | $84,826 | 5.7%/yr | 3.9% | 0.529 |
| Halifax County, VA | 33,638 | $52,426 | 4.4%/yr | 4.2% | 0.549 |
Conclusion
Considering all these factors, Person 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 Person County, North Carolina.
How Rich Is Person County, North Carolina?
Person 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 $64,160, about 11% lower than the North Carolina average of $72,438.
How fast is household income rising in Person County, North Carolina?
Between 2009 and 2024, the median household income in Person County, North Carolina rose 45%, from $44,367 to $64,160. Over the same years, income here lagged behind North Carolina as a whole: +45% against +61%.
What was the median household income in Person County in 2023?
In 2023, the median household income in Person County, North Carolina was $64,803, up 7% from $60,814 in 2022. The North Carolina median that year was $69,937.
What was the median household income in Person County in 2020?
In 2020, the median household income in Person County, North Carolina was $57,853. By 2024 it had risen 11% to $64,160.
What is the Gini coefficient in Person County, North Carolina?
The Gini coefficient in Person County is 0.548. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.552, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Person County, North Carolina?
The income gap between men and women in Person County, North Carolina has stayed about the same since 2009, at around 19%. Over that period the gap was widest at 20% in 2011, and was narrowest at 7% in 2019. In dollar terms, the gap has widened by $4,068 since 2009.
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