Alamance, NC
Population 1,358 · North Carolina
About Alamance, NC
Alamance is a small town located in North Carolina with a population of 1,358 residents according to the latest US Census Bureau American Community Survey data. The median household income is $88,438 per year, which is 18% above the national median of $75,149. The median age of 40.6 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Alamance features a median home value of $404,700, which is 65% above the national median of $244,900. This places Alamance in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,163, 0% below the national average of $1,163/month. Of the 455 total housing units, 85% are owner-occupied (387 units) and 15% are renter-occupied (68 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Alamance shows an unemployment rate of 0.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 8.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Alamance have an average one-way commute time of 23.9 minutes.
Education & Demographics
38.5% of Alamance residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 5.7% White, 2.5% Hispanic or Latino, 6.0% Black or African American, and 1.8% Asian residents, with 3.1% of the population being foreign-born.
How Alamance Ranks in North Carolina
Cost of Living in Alamance, NC
Compared to national averages, Alamance has a median household income of $88,438 (18% above the national median of $75,149). Home values average $404,700, which is 65% above the national median. Monthly rent at $1,163 is 0% below the US average of $1,163. Within North Carolina, Alamance's income is 37% above the state average of $64,468, and home values are 77% above the state median of $228,922.
Why Live in Alamance, NC?
Alamance offers a strong local economy with a median household income of $88,438, well above the national average, and a strong job market with an unemployment rate of just 0.2%, and a well-educated community where 38.5% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 8.3%, better than the national average, and short commute times averaging just 23.9 minutes.
Potential considerations include a competitive housing market where the typical home costs $404,700. However, Alamance’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Alamance has a population of 1,358 with a median age of 40.6 years. Compare Alamance with other cities to see how it stacks up, or explore all cities in North Carolina.
Similar Cities Near Alamance
Cities in North Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Murphy | 1,356 | $36,989 | $221,100 | Compare |
| Hays | 1,355 | $54,063 | $158,900 | Compare |
| Bonnetsville | 1,368 | $41,217 | $89,300 | Compare |
| Chadbourn | 1,347 | $19,853 | $100,300 | Compare |
| West Canton | 1,369 | $35,583 | $190,200 | Compare |
| Cordova | 1,343 | $65,801 | $155,200 | Compare |
| Banner Elk | 1,338 | $67,917 | $422,900 | Compare |
| Spring Hope | 1,334 | $35,577 | $142,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in North Carolina
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Alamance With Other Cities
Frequently Asked Questions about Alamance
What is the population of Alamance, NC?
The population of Alamance, NC is 1,358 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in North Carolina.
What is the median household income in Alamance?
The median household income in Alamance, NC is $88,438 per year, which is 18% above the national median of $75,149.
What is the median home value in Alamance?
The median home value in Alamance, NC is $404,700, which is 65% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Alamance?
The median monthly rent in Alamance, NC is $1,163, which is 0% below the national average of $1,163/month.
What is the unemployment rate in Alamance?
The unemployment rate in Alamance, NC is 0.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Alamance, NC a good place to live?
Alamance offers above-average incomes, a competitive housing market, and a strong job market. With a population of 1,358 and a median age of 40.6, the city appeals to a broad range of residents.
How educated is Alamance, NC?
38.5% of residents in Alamance aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Alamance?
Key cost-of-living indicators for Alamance, NC: median home value is $404,700 (65% above national), median rent is $1,163/month, and median household income is $88,438. The home-value-to-income ratio is 4.6x, a moderate figure by national standards.
What is the poverty rate in Alamance?
The poverty rate in Alamance, NC is 8.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Alamance, NC?
Alamance's population is 5.7% White, 2.5% Hispanic or Latino, 6.0% Black or African American, 1.8% Asian, and 2.7% two or more races. 3.1% of residents are foreign-born.