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Albemarle, North Carolina

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
16,762
Population
$46,881
Median Income
$204,800
Home Value
39.5
Median Age

Demographics

Albemarle has a population of 16,762 with a median age of 39.5. Here is the racial and ethnic breakdown of the population:

White
62.6%
Black
25.3%
Hispanic
6.2%
Asian
3.5%
Other
2.4%
Demographic Value
Total Population16,762
Median Age39.5
White62.6%
Black or African American25.3%
Asian3.5%
Hispanic or Latino6.2%
Other / Two or More Races2.4%
Albemarle, North Carolina — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 62.6%Black: 25.3%Hispanic/Latino: 6.2%Asian: 3.5%Other: 2.4%16,762PopulationWhiteWhite62.6%BlackBlack25.3%Hispanic/LatinoHispanic/Latino6.2%AsianAsian3.5%OtherOther2.4%

Income & Economy

The median household income in Albemarle is $46,881, which is 41.8% below the national median of $80,610. The per capita income is $28,131. The poverty rate is 24.9%.

$46,881
Median Household Income
$28,131
Per Capita Income
24.9%
Poverty Rate

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Education

In Albemarle, 88.1% of residents age 25+ have a high school diploma or higher, and 20.4% hold a bachelor's degree or higher (5.0% with a graduate or professional degree).

HS Diploma+
88.1%
Bachelor's+
20.4%
Graduate+
5.0%
Education Level % of Adults (25+)
High School Diploma or Higher88.1%
Bachelor's Degree or Higher20.4%
Graduate or Professional Degree5.0%

Housing

The median home value in Albemarle is $204,800, below the national median of $303,400. The median monthly rent is $880. The homeownership rate is 56.3%.

$204,800
Median Home Value
$880/mo
Median Rent
56.3%
Homeownership Rate
Housing Metric Value
Median Home Value$204,800
Median Monthly Rent$880
Homeownership Rate56.3%
Vacancy Rate14.5%

Salaries in North Carolina

Explore salary data for popular occupations in North Carolina:

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Other Cities in North Carolina

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Frequently Asked Questions

What is the population of Albemarle, North Carolina?
The population of Albemarle, North Carolina is 16,762 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Albemarle, North Carolina?
The median household income in Albemarle, North Carolina is $46,881. This is 41.8% below the national median of $80,610.
What is the median home value in Albemarle, North Carolina?
The median home value in Albemarle, North Carolina is $204,800. The median monthly rent is $880.
What percentage of people in Albemarle have a college degree?
In Albemarle, North Carolina, 20.4% of adults age 25 and older hold a bachelor's degree or higher, and 88.1% have a high school diploma or higher.
Is Albemarle, North Carolina an affordable place to live?
The home price-to-income ratio in Albemarle, North Carolina is 4.4x (median home value $204,800 vs. median income $46,881), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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