Grantsboro, NC
Population 698 · North Carolina
About Grantsboro, NC
Grantsboro is a small community located in North Carolina with a population of 698 residents according to the latest US Census Bureau American Community Survey data. The median household income is $62,292 per year, which is 17% below the national median of $75,149. The median age of 44.6 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Grantsboro features a median home value of $150,000, which is 39% below the national median of $244,900. This positions Grantsboro in a moderately priced market relative to the rest of the country. Median monthly rent is $847, 27% below the national average of $1,163/month. Of the 305 total housing units, 84% are owner-occupied (214 units) and 16% are renter-occupied (40 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Grantsboro shows an unemployment rate of 1.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 17.1%, above the national average of 12.4%. Workers in Grantsboro have an average one-way commute time of 26.8 minutes.
Education & Demographics
18.4% of Grantsboro 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 12.5% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 8.5% of the population being foreign-born.
How Grantsboro Ranks in North Carolina
Cost of Living in Grantsboro, NC
Compared to national averages, Grantsboro has a median household income of $62,292 (17% below the national median of $75,149). Home values average $150,000, which is 39% below the national median. Monthly rent at $847 is 27% below the US average of $1,163. Within North Carolina, Grantsboro's income is 3% below the state average of $64,468, and home values are 34% below the state median of $228,922.
Why Live in Grantsboro, NC?
Grantsboro offers affordable housing with a median home value of $150,000, below the US average of $244,900, and rent that’s lower than the national average at $847/month, and a strong job market with an unemployment rate of just 1.4%.
Potential considerations include median household income ($62,292) that falls below the national average. However, Grantsboro’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Grantsboro has a population of 698 with a median age of 44.6 years. Compare Grantsboro with other cities to see how it stacks up, or explore all cities in North Carolina.
Similar Cities Near Grantsboro
Cities in North Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| North Topsail Beach | 699 | $106,818 | $453,500 | Compare |
| Elk Park | 694 | $44,350 | $145,000 | Compare |
| Kelly | 706 | $51,155 | $125,200 | Compare |
| Northwest | 690 | $53,143 | $183,700 | Compare |
| Hightsville | 707 | $16,289 | $0 | Compare |
| Jackson | 688 | $48,292 | $55,200 | Compare |
| South Weldon | 688 | $19,250 | $68,300 | Compare |
| Ocracoke | 709 | $0 | $472,200 | 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 Grantsboro With Other Cities
Frequently Asked Questions about Grantsboro
What is the population of Grantsboro, NC?
The population of Grantsboro, NC is 698 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 Grantsboro?
The median household income in Grantsboro, NC is $62,292 per year, which is 17% below the national median of $75,149.
What is the median home value in Grantsboro?
The median home value in Grantsboro, NC is $150,000, which is 39% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Grantsboro?
The median monthly rent in Grantsboro, NC is $847, which is 27% below the national average of $1,163/month.
What is the unemployment rate in Grantsboro?
The unemployment rate in Grantsboro, NC is 1.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Grantsboro, NC a good place to live?
Grantsboro offers a moderate cost of living, affordable housing, and a strong job market. With a population of 698 and a median age of 44.6, the city appeals to a broad range of residents.
How educated is Grantsboro, NC?
18.4% of residents in Grantsboro 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 Grantsboro?
Key cost-of-living indicators for Grantsboro, NC: median home value is $150,000 (39% below national), median rent is $847/month, and median household income is $62,292. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Grantsboro?
The poverty rate in Grantsboro, NC is 17.1%, 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 Grantsboro, NC?
Grantsboro's population is 12.5% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 16.2% two or more races. 8.5% of residents are foreign-born.