Salisbury, North Carolina Income Statistics
Salisbury 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.
-
D
Salisbury Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Salisbury | North Carolina Avg | US Average |
|---|---|---|---|
| Median Household Income | $55,218 | $72,438 | $80,455 |
| Median Personal Income | $50,707 | $54,489 | $60,758 |
| Average Yearly Income Growth | 5.2% | 5.2% | 4.8% |
| Six-Figure Earners | 7.9% | 11.9% | 13.9% |
| $200k+ Households | 6.9% | 10.4% | 13.2% |
The median household income in Salisbury is about 24% lower than in North Carolina. Income has been growing slower in Salisbury (5.2%/yr) than in North Carolina (5.2%/yr).
About 8% of adults in Salisbury 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 Salisbury, North Carolina grew by 38.3% from 2009 to 2024, reaching $55,218 in 2024. That's an average of about 5.2% per year.
Income Inequality and the Gender Pay Gap in Salisbury
| Metric | Salisbury | North Carolina Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.585 | 0.547 | 0.552 |
| Male Median Income | $57,908 | $63,136 | $69,667 |
| Female Median Income | $50,051 | $52,579 | $56,850 |
| Gender Pay Gap | 13.6% | 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 Salisbury, it is 0.585, 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 16% more than women's income in Salisbury, North Carolina. Over a 35-year career, a 16% wage gap accumulates to roughly $274,995 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Salisbury, North Carolina has narrowed from about 22% to 14% in 2024. Over that period the gap was widest at 23% in 2019, and was narrowest at 10% in 2013. In dollar terms, the gap has narrowed by $446 since 2009.
Employment
| Metric | Salisbury | North Carolina Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.0% | 4.6% | 5.2% |
| Working from Home | 9.3% | 16.3% | 15.0% |
| Commute time (minutes) | 16 | 21 | 22 |
Approximately 789 people are unemployed in Salisbury, North Carolina.
The average commute time in Salisbury is 16 minutes, shorter than the 21 minutes in North Carolina.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Salisbury, North Carolina has fallen from 11.2% to 6.0% in 2024. Over that period the rate peaked at 15.8% in 2014.
Conclusion
Considering all these factors, Salisbury, 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 Salisbury, North Carolina.
How Rich Is Salisbury, North Carolina?
Salisbury 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 $55,218, about 24% lower than the North Carolina average of $72,438.
Are incomes growing in Salisbury, North Carolina?
Between 2009 and 2024, the median household income in Salisbury, North Carolina rose 38%, from $39,920 to $55,218. Over the same years, income here lagged behind North Carolina as a whole: +38% against +61%.
What was the median household income in Salisbury in 2023?
In 2023, the median household income in Salisbury, North Carolina was $53,401, up 4% from $51,316 in 2022. The North Carolina median that year was $69,937.
What was the median household income in Salisbury in 2020?
In 2020, the median household income in Salisbury, North Carolina was $43,775. By 2024 it had risen 26% to $55,218.
Is unemployment high in Salisbury, North Carolina?
Unemployment in Salisbury, North Carolina is 6.0%, well above the North Carolina rate of 4.6%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Salisbury, North Carolina?
The Gini coefficient in Salisbury is 0.585. 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 Salisbury, North Carolina?
Since 2009, the income gap between men and women in Salisbury, North Carolina has narrowed from about 22% to 14% in 2024. Over that period the gap was widest at 23% in 2019, and was narrowest at 10% in 2013. In dollar terms, the gap has narrowed by $446 since 2009.
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