Randolph County, North Carolina Income Statistics
Randolph 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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D
Randolph County Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Randolph County | North Carolina Avg | US Average |
|---|---|---|---|
| Median Household Income | $60,953 | $72,438 | $80,455 |
| Median Personal Income | $45,947 | $54,489 | $60,758 |
| Average Yearly Income Growth | 4.4% | 5.2% | 4.8% |
| Six-Figure Earners | 6.2% | 11.9% | 13.9% |
| $200k+ Households | 4.0% | 10.4% | 13.2% |
The median household income in Randolph County is about 16% lower than in North Carolina. Income has been growing slower in Randolph County (4.4%/yr) than in North Carolina (5.2%/yr).
About 6% of adults in Randolph 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 Randolph County, North Carolina grew by 53.8% from 2009 to 2024, reaching $60,953 in 2024. That's an average of about 4.4% per year.
Income Inequality and the Gender Pay Gap in Randolph County
| Metric | Randolph County | North Carolina Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.522 | 0.547 | 0.552 |
| Male Median Income | $53,160 | $63,136 | $69,667 |
| Female Median Income | $43,262 | $52,579 | $56,850 |
| Gender Pay Gap | 18.6% | 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 Randolph County, it is 0.522, 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 23% more than women's income in Randolph County, North Carolina. Over a 35-year career, a 23% wage gap accumulates to roughly $346,430 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Randolph County, North Carolina has narrowed from about 20% to 19% in 2024. Over that period the gap was widest at 22% in 2010, and was narrowest at 15% in 2016. In dollar terms, the gap has widened by $2,368 since 2009.
Employment
| Metric | Randolph County | North Carolina Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.5% | 4.6% | 5.2% |
| Working from Home | 7.2% | 16.3% | 15.0% |
| Commute time (minutes) | 21 | 21 | 22 |
Approximately 2,485 people are unemployed in Randolph County, North Carolina.
The average commute time in Randolph County is 21 minutes, about the same as in North Carolina.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Randolph County, North Carolina has fallen from 9.5% to 3.5% in 2024. Over that period the rate peaked at 10.8% in 2013.
Randolph County, NC Wealth Compared With Nearby Counties
Randolph County, NC is the 4th largest of the 6 counties compared here, 146,354 residents against a local median of 173,005. Randolph County, NC's unemployment, at 3.5%, runs 22% below the 4.5% typical of the counties around it. That is the better end of the local range on this measure.
Income growth tells the same story from another angle: 4.4%/yr against a local median of 5.6%/yr, 21% below it. The picture is mixed rather than uniform: unemployment runs ahead of the neighbourhood while income growth runs behind it, so Randolph County, NC is trading one against the other rather than simply out-performing what surrounds it. The counties themselves spread 2.2% on unemployment, so Randolph County, NC sits at one end of an already wide local range rather than apart from it. Randolph County, NC has the 2nd 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. |
|---|---|---|---|---|---|
| Randolph County, NC | 146,354 | $60,953 #5/6 | 4.4%/yr #6/6 | 3.5% #2/6 | 0.522 #1/6 |
| Guilford County, NC | 547,431 | $68,970 | 4.9%/yr | 4.6% | 0.557 |
| Montgomery County, NC | 26,004 | $56,435 | 6.3%/yr | 2.8% | 0.545 |
| Davidson County, NC | 173,005 | $65,085 | 4.9%/yr | 4.1% | 0.530 |
| Moore County, NC | 104,876 | $84,708 | 6.2%/yr | 4.5% | 0.536 |
| Alamance County, NC | 176,834 | $66,483 | 5.6%/yr | 5.1% | 0.540 |
Conclusion
Considering all these factors, Randolph County, North Carolina has an overall wealth index grade of D, making it about on par with North Carolina, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Randolph County, North Carolina.
How Rich Is Randolph County, North Carolina?
Randolph County 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 $60,953, about 16% lower than the North Carolina average of $72,438.
How has median household income changed in Randolph County, North Carolina?
Between 2009 and 2024, the median household income in Randolph County, North Carolina rose 54%, from $39,620 to $60,953. Over the same years, income here lagged behind North Carolina as a whole: +54% against +61%.
What was the median household income in Randolph County in 2023?
In 2023, the median household income in Randolph County, North Carolina was $59,111, up 5% from $56,504 in 2022. The North Carolina median that year was $69,937.
What was the median household income in Randolph County in 2020?
In 2020, the median household income in Randolph County, North Carolina was $48,911. By 2024 it had risen 25% to $60,953.
Is it hard to find a job in Randolph County, North Carolina?
Unemployment in Randolph County, North Carolina is only 3.5%, well below the North Carolina rate of 4.6%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Randolph County, North Carolina?
The Gini coefficient in Randolph County is 0.522. 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 Randolph County, North Carolina?
Since 2009, the income gap between men and women in Randolph County, North Carolina has narrowed from about 20% to 19% in 2024. Over that period the gap was widest at 22% in 2010, and was narrowest at 15% in 2016. In dollar terms, the gap has widened by $2,368 since 2009.
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