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Randolph County, NC

RANK #217 / 996  ·  POP 144,403  ·  NC

PROJECTED GROWTH: +2.0%

Randolph County combines solid growth with real affordability — a rare combination.

[01] Why Randolph County?

Randolph County, North Carolina, is home to the North Carolina Zoo in Asheboro, one of the nation's largest natural habitat zoos, attracting numerous visitors annually. Located in the Piedmont region of central North Carolina, the county seat of Asheboro is approximately 70 miles from both Raleigh and Charlotte. The area features gently rolling hills, river valleys, and woodlands, with parts of the Uwharrie National Forest offering extensive outdoor recreation opportunities like hiking, fishing, and birdwatching. Commuting to nearby cities like Greensboro and High Point is common for many residents.

Life in Randolph County offers a blend of small-town living and rural landscapes. The public school system is considered above average, with various elementary, middle, and high schools serving the community. Recent economic developments show a shift from traditional textile and furniture manufacturing towards new sectors such as automotive manufacturing, food processing, and distribution. Major investments in advanced manufacturing are creating new job opportunities and diversifying the local industrial base. The county also has local transportation services like Go Randolph, an on-demand rideshare program, to help residents with daily travel.

[02] Market Snapshot

Housing Ratio
5.1x

Above national median (4.7x)

GDP Growth
+7.6%

Well above national median

Home Prices
+2.9%

Outpacing national median

Climate & Terrain
-0.0

Below-average climate & terrain

Price/Rent
13x

Below national median (13x)

Housing is fairly valued at 5.1x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Randolph County U.S. National

The Numbers

DEMOGRAPHICS
Population
144,403
+0.46% YoY
Median Household Income
$56,423
Median Home Value
$158,300
+2.86% 12mo
Median Rent
$813
Average Annual Pay
$51,663
+10.5% YoY
Employment
44,093
+3.9% YoY
Income-to-Home-Value
0.3564
More affordable than average
Migration Inflow
3.21%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$280,000
Days on Market
75
Slower market
Months of Supply
4.5
Balanced market
Sale-to-List Ratio
97.2%
Negotiation room for buyers
Sold Above List
16.7%
Listings w/ Price Drops
23.7%
Building Permits (2024)
789
Single-Family Permits
553

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$14,432M
TOTAL
PROJECT AMOUNT STATUS
Toyota Battery Manufacturing Plant
Toyota
$13,900M Under Construction
Greensboro-Randolph Megasite Development & Transportation Improvements
Ames Construction
$500M Under Construction
Axium Packaging Manufacturing Facility
Axium Packaging
$32M Planned

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +7.6% 95 percentile
Population Growth +0.5% 50 percentile
Income Growth +9.3% 70 percentile
Vacancy Rate 0.8% 77 percentile
Home Price Change +2.9% 70 percentile
Rent Growth +4.3% 71 percentile
Price/Rent 13x 56 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Randolph County, NC a good place to move to?

Randolph County has a Boom Town Index score of 78/100, ranking #217 among 996 U.S. counties. With job growth at +3.9% and a median household income of $56,423, it's an above-average county on economic indicators.

Is Randolph County affordable?

The median home value in Randolph County is $158,300 with median rent at $813/month. The income-to-home-value ratio is 0.3564, which is more affordable than the national average.

Is Randolph County growing or shrinking?

Population growth: +0.5% year-over-year. Job growth: +3.9%. Home values changed +2.9% in the past 12 months.

Are people moving to Randolph County?

Yes — 3.21% of Randolph County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Wood County, WI 88 Lorain County, OH 88 Gloucester County, NJ 88 Rensselaer County, NY 88 Lucas County, OH 88 Montgomery County, OH 88 Wayne County, PA 88 Dutchess County, NY 88