Albemarle, NC

Metropolitan Statistical Area (MSA)

2024 Population

64,651

US Senator

Thom Tillis

Republican Party

US Senator

Ted Budd

Republican Party

2024 Median Age

40.5

0.246% 1-year decrease

2024 Poverty Rate

15.2%

7% 1-year increase

2024 Median Household Income

$60,704

1.5% 1-year decline

2024 Median Property Value

$242,400

Population & Diversity

Albemarle, NC is home to a population of 64.7k people, from which 97.6% are citizens.

As of 2024, 4.38% of Albemarle, NC residents were born outside of the country (2.83k people).

In 2024, there were 6.94 times more White (Non-Hispanic) residents (50.4k people) in Albemarle, NC than any other race or ethnicity. There were 7.26k Black or African American (Non-Hispanic) and 1.98k Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

97.6%

2024 Citizenship

97.9%

2023 Citizenship

As of 2024, 97.6% of Albemarle, NC residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Albemarle, NC was 97.9%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Albemarle, NC compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Albemarle, NC

White (Non-Hispanic)
50.4k ± 321
Black or African American (Non-Hispanic)
7.26k ± 296
Other (Hispanic)
1.98k ± 393

5.7%

Hispanic Population

3.69k people

5.7% of the people in Albemarle, NC are hispanic (3.69k people).

The following chart shows the 8 races represented in Albemarle, NC as a share of the total population.

Global Diversity

The PUMS dataset is not available at the MSA level, so we are showing data for North Carolina.

Most Common Origin

Mexico
228,441 ± 11,609 people
India
90,815 ± 7,367 people
Honduras
52,061 ± 5,588 people

In 2024, the most common birthplace for the foreign-born residents of North Carolina was Mexico, the natal country of 228,441 North Carolina residents, followed by India with 90,815 and Honduras with 52,061.

Foreign-Born Population

4.38%

2024 Foreign-Born Population

2.83k people

4.27%

2023 Foreign-Born Population

2.71k people

As of 2024, 4.38% of Albemarle, NC residents (2.83k people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Albemarle, NC was 4.27%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Albemarle, NC compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
1,089 ± 207
Gulf War (2001-)
860 ± 337
Gulf War (1990s)
442 ± 190

Albemarle, NC has a large population of military personnel who served in Vietnam, 1.27 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Albemarle, NC.

Economy

The economy of Albemarle, NC employs 29.2k people. In 2024, the largest industries in Albemarle, NC were Manufacturing (4,730 people), Health Care & Social Assistance (4,179 people), and Retail Trade (3,385 people), and the highest paying industries were Mining, Quarrying, & Oil & Gas Extraction ($81,088), Wholesale Trade ($62,443), and Public Administration ($58,498).

Employment

Occupations

29.2k

2024 Value

± 1,275

2.84%

1 Year growth

± 5.97%

From 2023 to 2024, employment in Albemarle, NC grew at a rate of 2.84%, from 28.4k employees to 29.2k employees.

The most common job groups, by number of people living in Albemarle, NC, are Management Occupations (3,326 people), Sales & Related Occupations (2,878 people), and Office & Administrative Support Occupations (2,806 people). This chart illustrates the share breakdown of the primary jobs held by residents of Albemarle, NC.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for North Carolina.

This chart shows weekly unemployment insurance claims in North Carolina (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

29.2k

2024 Value

± 1,275

2.84%

1 Year growth

± 5.97%

From 2023 to 2024, employment in Albemarle, NC grew at a rate of 2.84%, from 28.4k employees to 29.2k employees.

The most common employment sectors for those who live in Albemarle, NC, are Manufacturing (4,730 people), Health Care & Social Assistance (4,179 people), and Retail Trade (3,385 people). This chart shows the share breakdown of the primary industries for residents of Albemarle, NC, though some of these residents may live in Albemarle, NC and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$50,035

Median earning men ± $2,926

$36,990

Median earning women ± $1,300

The industries with the best median earnings for men in 2024 are Information ($76,176), Wholesale Trade ($70,729), and Agriculture, Forestry, Fishing & Hunting, & Mining ($63,953).

The industries with the best median earnings for women in 2024 are Transportation & Warehousing, & Utilities ($59,607), Public Administration ($52,415), and Wholesale Trade ($51,948).

Employment by Industry Sector

Data is only available at the state level. Showing data for North Carolina.

Y-Axis

3.04%

Year-over-year growth

Employment change between February 2022 and February 2023

As of February 2023, there are 4.86M people employed in North Carolina. This represents a 3.04% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 10.9%.

The following chart shows monthly employment numbers for each industry sector in North Carolina.

Establishments by Size

The industries with the most establishments

139
Construction
129
Other Services (except Public Administration)
112
Retail Trade

The visualization shows the distribution of establishments by industry and by size according to the number of employees.

The visualization shows the number of establishments and its share across establishment sizes.

Payroll by Industry Sector

The industries with the highest total annual payroll

$207k
Manufacturing
$155k
Health Care and Social Assistance
$89.2k
Construction

The chart shows the total annual payroll and the average annual payroll by industry.

Education

The student population of Albemarle, NC in 2024 is skewed towards women, with 1,213 male students and 2,144 female students.

Most students graduating from Universities in Albemarle, NC are White (712 and 64.4%), Black or African American (228 and 20.6%), Hispanic or Latino (54 and 4.89%), and Unknown (44 and 3.98%).

The largest universities in Albemarle, NC by number of degrees awarded are Stanly Community College (799 and 71.5%) and Pfeiffer University (318 and 28.5%).

The most popular majors in Albemarle, NC are General Business Administration & Management (203 and 18.2%), Liberal Arts & Sciences (157 and 14.1%), and Criminal Justice - Safety Studies (69 and 6.18%).

The median tuition cost for private four year colleges is $33,720.

Admissions & Enrollments

Applicants, Admissions & Enrolled

University

Measure

In 2024 in Albemarle, NC, the percentage of applicants admitted was 96%, while the percentage of admitted who enrolled was 13.7%. The number of students enrolled in 2024 was 3,357 (36.1% men and 63.9% women).

The line chart shows the evolution of the percentage of applicants admitted, admitted who enrolled or the number of students enrolled according to the option selected in the upper button.

Enrollments by Gender and Races

Universities

In 2024 there were 3,357 students enrolled in Albemarle, NC, 36.1% men and 63.9% women.

By race, the largest number of students enrolled was concentrated in White with 2,074 records, of which 64.2% were women and 35.8% men.

Completions

Concentrations

Most Common

Liberal Arts & Sciences
157 degrees awarded
Early Childhood Education & Teaching
37 degrees awarded
General Business Administration & Management
26 degrees awarded

In 2024, the most common concentation for Associates Degree recipients in Albemarle, NC was Liberal Arts & Sciences with 157 degrees awarded.

This visualization illustrates the percentage of students graduating with a Associates Degree from schools in Albemarle, NC according to their major.

Universities

Gender

Race

Largest Universities by degrees awarded

Stanly Community College
799 degrees awarded
Pfeiffer University
318 degrees awarded

In 2024, the institution with the largest number of graduating students was Stanly Community College with 799 degrees awarded.

Student Diversity

University

In 2024, 297 men were awarded degrees from institutions in Albemarle, NC, which is 0.362 times less than the 820 female students who received degrees in the same year.

In 2024, the most common race/ethnicity group awarded degrees at institutions was White students. These 712 degrees mean that there were 3.12 times more degrees awarded to White students then the next closest race/ethnicity group, Black or African American, with 228 degrees awarded.

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Tuition

Average Net Price by Sector

Universities

Private not-for-profit, 4-year or above ($33,720) is the sector with the highest median state tuition in 2024.

Private not-for-profit, 4-year or above ($1,350) is the sector with the highest median state fee in 2024.

Public, 2-year ($1,364) is the sector with the highest average net price of books and supplies.

The graph shows the average net price by sector and year.

Housing & Living

The median property value in Albemarle, NC was $242,400 in 2024, which is 0.729 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $214,300 to $242,400, a 13.1% increase. The homeownership rate in Albemarle, NC is 74.5%, which is higher than the national average of 65.2%.

People in Albemarle, NC have an average commute time of 28.1 minutes, and they drove alone to work. Car ownership in Albemarle, NC is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$242,400

Median Property Value 2024

±$7,205

$18,792

Median Property Taxes

±$973

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Albemarle, NC the largest share of households pay taxes in the $800 - $1,499 range.

The chart underneath the paragraph shows the property taxes in Albemarle, NC compared to it's parent and neighbor geographies.

Rent vs Own

74.5%

Homeownership

2024

64.5%

Homeowners with Mortgage

2024

In 2024, 74.5% of the housing units in Albemarle, NC were occupied by their owner. This percentage grew from the previous year's rate of 73.6%.

This chart shows the percentage of owner in Albemarle, NC compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$60,704

Median Household Income

± $3,835

25.2k

Number of Households

± 1,194

In 2024, the median household income of the 25.2k households in Albemarle, NC declined from $60,704 from the previous year's value of $61,631.

The following chart displays the households in Albemarle, NC distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

Wage Distribution

The closest comparable wage GINI for Albemarle, NC is from North Carolina.

0.466

2024 Wage GINI in North Carolina

0.467

2023 Wage GINI in North Carolina

In 2024, the income inequality in North Carolina was 0.466 according to the GINI calculation of the wage distribution. Income inequality had a 0.16% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for North Carolina was lower than than the national average of 0.474. In other words, wages are distributed more evenly in North Carolina in comparison to the national average.

This chart shows the number of workers in North Carolina across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (78.2%)
Carpooled (10.4%)
Worked At Home (9.82%)

In 2024, 78.2% of workers in Albemarle, NC drove alone to work, followed by those who carpooled to work (10.4%) and those who worked at home (9.82%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

28.1 minutes

Average Travel Time

Using averages, employees in Albemarle, NC have a longer commute time (28.1 minutes) than the normal US worker (26.4 minutes). Additionally, 2.59% of the workforce in Albemarle, NC have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Albemarle, NC compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Albemarle, NC distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Albemarle, NC have 2 cars.

Poverty

Poverty & Diversity

15.2% of the population for whom poverty status is determined in Albemarle, NC (9.55k out of 62.7k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 55 - 64, followed by Females 35 - 44 and then Females 25 - 34.

The most common racial or ethnic group living below the poverty line in Albemarle, NC is White, followed by Black and Hispanic.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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