Faison, NC
Population 826 · North Carolina
About Faison, NC
Faison is a small community located in North Carolina with a population of 826 residents according to the latest US Census Bureau American Community Survey data. The median household income is $38,173 per year, which is 49% below the national median of $75,149. The median age of 30.9 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 Faison features a median home value of $93,300, which is 62% below the national median of $244,900. This makes Faison one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $605, 48% below the national average of $1,163/month. Of the 311 total housing units, 68% are owner-occupied (188 units) and 32% are renter-occupied (87 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Faison shows an unemployment rate of 14.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 40.3%, above the national average of 12.4%. Workers in Faison have an average one-way commute time of 26.9 minutes.
Education & Demographics
12.9% of Faison 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 35.1% White, 0.4% Hispanic or Latino, 0.0% Black or African American, and 6.4% Asian residents, with 20.2% of the population being foreign-born.
How Faison Ranks in North Carolina
Cost of Living in Faison, NC
Compared to national averages, Faison has a median household income of $38,173 (49% below the national median of $75,149). Home values average $93,300, which is 62% below the national median. Monthly rent at $605 is 48% below the US average of $1,163. Within North Carolina, Faison's income is 41% below the state average of $64,468, and home values are 59% below the state median of $228,922.
Why Live in Faison, NC?
Faison offers affordable housing with a median home value of $93,300, below the US average of $244,900, and rent that’s lower than the national average at $605/month.
Potential considerations include median household income ($38,173) that falls below the national average. However, Faison’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Faison has a population of 826 with a median age of 30.9 years. Compare Faison with other cities to see how it stacks up, or explore all cities in North Carolina.
Similar Cities Near Faison
Cities in North Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Cashiers | 825 | $73,455 | $360,000 | Compare |
| Beech Mountain | 831 | $89,934 | $388,800 | Compare |
| Newland | 815 | $43,429 | $223,800 | Compare |
| Richfield | 839 | $80,536 | $212,100 | Compare |
| Alliance | 812 | $44,167 | $128,400 | Compare |
| Harmony | 811 | $75,179 | $117,000 | Compare |
| Bunnlevel | 806 | $73,600 | $185,000 | Compare |
| Marshall | 846 | $53,125 | $242,600 | 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 Faison With Other Cities
Frequently Asked Questions about Faison
What is the population of Faison, NC?
The population of Faison, NC is 826 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in North Carolina.
What is the median household income in Faison?
The median household income in Faison, NC is $38,173 per year, which is 49% below the national median of $75,149.
What is the median home value in Faison?
The median home value in Faison, NC is $93,300, which is 62% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Faison?
The median monthly rent in Faison, NC is $605, which is 48% below the national average of $1,163/month.
What is the unemployment rate in Faison?
The unemployment rate in Faison, NC is 14.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Faison, NC a good place to live?
Faison offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 826 and a median age of 30.9, the city appeals to young professionals and families.
How educated is Faison, NC?
12.9% of residents in Faison 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 Faison?
Key cost-of-living indicators for Faison, NC: median home value is $93,300 (62% below national), median rent is $605/month, and median household income is $38,173. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Faison?
The poverty rate in Faison, NC is 40.3%, 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 Faison, NC?
Faison's population is 35.1% White, 0.4% Hispanic or Latino, 0.0% Black or African American, 6.4% Asian, and 20.8% two or more races. 20.2% of residents are foreign-born.