Mount Gilead, North Carolina Median Income

Mount Gilead, North Carolina has a population of 1,180, with a median household income of $48,400.

Current median income data for Mount Gilead.

$48,400

👥

Population

1,180

💰

Median Income

$48,400

📉

Unemployment

6.00%

🏠

Housing Price

$154,600

🚨

Crime Rate

0.50

🌐

Internet Speed

162.90 Mbps

Mount Gilead is a small local community located in North Carolina. The city has a population that is below the average city population in North Carolina, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in North Carolina, Mount Gilead provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Mount Gilead has a population of 1,180, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Mount Gilead is $48,400, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Mount Gilead is about $154,600, making it relatively affordable compared to many cities in North Carolina.

Employment and Safety

The unemployment rate in Mount Gilead is 6.00%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Mount Gilead are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in North Carolina, Mount Gilead shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Mount Gilead offers a balanced mix of economic conditions, population trends, and housing opportunities within North Carolina.

Frequently Asked Questions about Mount Gilead

What is the population of Mount Gilead?

The population of Mount Gilead is approximately 1,180.

Is Mount Gilead a good place to live?

Mount Gilead offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Mount Gilead?

The median household income in Mount Gilead is around $48,400.

How expensive is housing in Mount Gilead?

The average housing price in Mount Gilead is approximately $154,600.