Patterson Springs, NC
Population 980 · North Carolina
About Patterson Springs, NC
Patterson Springs is a small community located in North Carolina with a population of 980 residents according to the latest US Census Bureau American Community Survey data. The median household income is $55,625 per year, which is 26% below the national median of $75,149. The median age of 33 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 Patterson Springs features a median home value of $116,000, which is 53% below the national median of $244,900. This makes Patterson Springs one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $982, 16% below the national average of $1,163/month. Of the 361 total housing units, 67% are owner-occupied (213 units) and 33% are renter-occupied (107 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Patterson Springs shows an unemployment rate of 5.1%, which is near the national rate of 3.7%. The poverty rate stands at 25.5%, above the national average of 12.4%. Workers in Patterson Springs have an average one-way commute time of 24.3 minutes.
Education & Demographics
11.4% of Patterson Springs 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 0.0% White, 3.6% Hispanic or Latino, 1.7% Black or African American, and 0.0% Asian residents, with 1.5% of the population being foreign-born.
Cost of Living in Patterson Springs, NC
Compared to national averages, Patterson Springs has a median household income of $55,625 (26% below the national median of $75,149). Home values average $116,000, which is 53% below the national median. Monthly rent at $982 is 16% below the US average of $1,163. Within North Carolina, Patterson Springs's income is 14% below the state average of $64,468, and home values are 49% below the state median of $228,922.
Why Live in Patterson Springs, NC?
Patterson Springs offers affordable housing with a median home value of $116,000, below the US average of $244,900, and rent that’s lower than the national average at $982/month, and short commute times averaging just 24.3 minutes.
Potential considerations include median household income ($55,625) that falls below the national average. However, Patterson Springs’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Patterson Springs has a population of 980 with a median age of 33 years. Compare Patterson Springs with other cities to see how it stacks up, or explore all cities in North Carolina.
Similar Cities Near Patterson Springs
Cities in North Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Brunswick | 981 | $28,542 | $83,900 | Compare |
| Castle Hayne | 978 | $69,729 | $326,700 | Compare |
| Maysville | 982 | $57,969 | $141,800 | Compare |
| Barker Ten Mile | 976 | $77,841 | $153,200 | Compare |
| Cooleemee | 984 | $49,135 | $134,200 | Compare |
| Manns Harbor | 972 | $27,087 | $205,100 | Compare |
| Rowland | 972 | $31,667 | $108,700 | Compare |
| Woodlawn | 996 | $74,712 | $278,500 | 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 Patterson Springs With Other Cities
Frequently Asked Questions about Patterson Springs
What is the population of Patterson Springs, NC?
The population of Patterson Springs, NC is 980 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 Patterson Springs?
The median household income in Patterson Springs, NC is $55,625 per year, which is 26% below the national median of $75,149.
What is the median home value in Patterson Springs?
The median home value in Patterson Springs, NC is $116,000, which is 53% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Patterson Springs?
The median monthly rent in Patterson Springs, NC is $982, which is 16% below the national average of $1,163/month.
What is the unemployment rate in Patterson Springs?
The unemployment rate in Patterson Springs, NC is 5.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Patterson Springs, NC a good place to live?
Patterson Springs offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 980 and a median age of 33, the city appeals to young professionals and families.
How educated is Patterson Springs, NC?
11.4% of residents in Patterson Springs 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 Patterson Springs?
Key cost-of-living indicators for Patterson Springs, NC: median home value is $116,000 (53% below national), median rent is $982/month, and median household income is $55,625. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Patterson Springs?
The poverty rate in Patterson Springs, NC is 25.5%, 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 Patterson Springs, NC?
Patterson Springs's population is 0.0% White, 3.6% Hispanic or Latino, 1.7% Black or African American, 0.0% Asian, and 13.8% two or more races. 1.5% of residents are foreign-born.