Valdese, NC Employment - Median Household Income, Unemployment Rate

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B-

14%

Income/capita NAT. AVG.

6%

Household income NAT. AVG.

55%

Unemployment NAT. AVG.

Index	Valdese	North Carolina	National
Income per capita	$25,667	$26,779	$29,829
Median household income	$58,485	$48,256	$55,322
Median income owner occupied	$65,827	$61,102	$70,586
Median income renter occupied	$20,411	$31,027	$35,192
Median earnings male	$33,667	$32,737	$36,919
Median earnings female	$21,077	$25,062	$26,250
Unemployment rate	2.1%	5.1%	4.7%
Poverty level	9.7%	16.8%	15.1%

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Key findings

The income per capita in Valdese is 14% lower than the national average
The median household income in Valdese is 6% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Valdese is 55% lower than the national average
The poverty level in Valdese is 36% lower than the national average

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am i middle class

$38,986 $58,485 $116,970

City

$32,167 $48,256 $96,512

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Valdese median earnings by income bracket

Valdese employment by industry

Labour Type	Male	Female
Construction industry	20.0%	20.0%
Manufacturing sector	14.7%	14.7%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	15.9%	15.9%
Public administration	7.7%	7.7%
Transportation, warehousing & utilities	6.5%	6.5%
Education, health & social services	17.5%	17.5%
Other	16.3%	16.3%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Northlakes, NC	1,304	$82,895	49.8%
Cedar Rock, NC	284	$70,417	27.3%
Granite Falls, NC	4,659	$67,069	21.2%
Drexel, NC	1,725	$57,609	4.1%
Mountain View, NC	3,776	$56,810	2.7%
Valdese, NC	4,420	$58,485	5.7%

Cities with similar population

City	Population	Household Income	National Avg.
Park Layne, OH	4,420	$52,726	4.7%
Antigonish, NS	4,419	n/a
Hearne, TX	4,421	$30,197	45.4%
Winnfield, LA	4,418	$31,458	43.1%
Jenkintown, PA	4,418	$114,881	107.7%
Valdese, NC	4,420	$58,485	5.7%

Source: The Valdese, NC employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).