Bonnetsville, NC
Population 1,368 · North Carolina
About Bonnetsville, NC
Bonnetsville is a small town located in North Carolina with a population of 1,368 residents according to the latest US Census Bureau American Community Survey data. The median household income is $41,217 per year, which is 45% below the national median of $75,149. The median age of 13.9 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Bonnetsville features a median home value of $89,300, which is 64% below the national median of $244,900. This makes Bonnetsville one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $866, 26% below the national average of $1,163/month. Of the 375 total housing units, 36% are owner-occupied (123 units) and 64% are renter-occupied (215 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Bonnetsville shows an unemployment rate of 2.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 50.0%, above the national average of 12.4%. Workers in Bonnetsville have an average one-way commute time of 16.9 minutes, one of the shorter commutes in the region.
Education & Demographics
5.7% of Bonnetsville residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 30.1% White, 7.7% Hispanic or Latino, 0.0% Black or African American, and 1.8% Asian residents, with 8.3% of the population being foreign-born.
Cost of Living in Bonnetsville, NC
Compared to national averages, Bonnetsville has a median household income of $41,217 (45% below the national median of $75,149). Home values average $89,300, which is 64% below the national median. Monthly rent at $866 is 26% below the US average of $1,163. Within North Carolina, Bonnetsville's income is 36% below the state average of $64,468, and home values are 61% below the state median of $228,922.
Why Live in Bonnetsville, NC?
Bonnetsville offers affordable housing with a median home value of $89,300, below the US average of $244,900, and rent that’s lower than the national average at $866/month, and a strong job market with an unemployment rate of just 2.6%. Additionally, the city features short commute times averaging just 16.9 minutes.
Potential considerations include median household income ($41,217) that falls below the national average. However, Bonnetsville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Bonnetsville has a population of 1,368 with a median age of 13.9 years. Compare Bonnetsville with other cities to see how it stacks up, or explore all cities in North Carolina.
Similar Cities Near Bonnetsville
Cities in North Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| West Canton | 1,369 | $35,583 | $190,200 | Compare |
| Alamance | 1,358 | $88,438 | $404,700 | Compare |
| Murphy | 1,356 | $36,989 | $221,100 | Compare |
| Hays | 1,355 | $54,063 | $158,900 | Compare |
| Pine Knoll Shores | 1,387 | $108,393 | $583,900 | Compare |
| Chadbourn | 1,347 | $19,853 | $100,300 | Compare |
| Cordova | 1,343 | $65,801 | $155,200 | Compare |
| Banner Elk | 1,338 | $67,917 | $422,900 | 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 Bonnetsville With Other Cities
Frequently Asked Questions about Bonnetsville
What is the population of Bonnetsville, NC?
The population of Bonnetsville, NC is 1,368 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 Bonnetsville?
The median household income in Bonnetsville, NC is $41,217 per year, which is 45% below the national median of $75,149.
What is the median home value in Bonnetsville?
The median home value in Bonnetsville, NC is $89,300, which is 64% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Bonnetsville?
The median monthly rent in Bonnetsville, NC is $866, which is 26% below the national average of $1,163/month.
What is the unemployment rate in Bonnetsville?
The unemployment rate in Bonnetsville, NC is 2.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Bonnetsville, NC a good place to live?
Bonnetsville offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,368 and a median age of 13.9, the city appeals to young professionals and families.
How educated is Bonnetsville, NC?
5.7% of residents in Bonnetsville aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Bonnetsville?
Key cost-of-living indicators for Bonnetsville, NC: median home value is $89,300 (64% below national), median rent is $866/month, and median household income is $41,217. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Bonnetsville?
The poverty rate in Bonnetsville, NC is 50.0%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Bonnetsville, NC?
Bonnetsville's population is 30.1% White, 7.7% Hispanic or Latino, 0.0% Black or African American, 1.8% Asian, and 3.0% two or more races. 8.3% of residents are foreign-born.