Red Springs, NC
Population 3,107 · North Carolina
About Red Springs, NC
Red Springs is a small town located in North Carolina with a population of 3,107 residents according to the latest US Census Bureau American Community Survey data. The median household income is $19,752 per year, which is 74% below the national median of $75,149. The median age of 32.9 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 Red Springs features a median home value of $85,400, which is 65% below the national median of $244,900. This makes Red Springs one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $635, 45% below the national average of $1,163/month. Of the 1,442 total housing units, 55% are owner-occupied (654 units) and 45% are renter-occupied (544 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Red Springs shows an unemployment rate of 8.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 39.1%, above the national average of 12.4%. Workers in Red Springs have an average one-way commute time of 23.8 minutes.
Education & Demographics
16.0% of Red 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 5.2% White, 22.9% Hispanic or Latino, 0.2% Black or African American, and 0.6% Asian residents, with 1.5% of the population being foreign-born.
How Red Springs Ranks in North Carolina
Cost of Living in Red Springs, NC
Compared to national averages, Red Springs has a median household income of $19,752 (74% below the national median of $75,149). Home values average $85,400, which is 65% below the national median. Monthly rent at $635 is 45% below the US average of $1,163. Within North Carolina, Red Springs's income is 69% below the state average of $64,468, and home values are 63% below the state median of $228,922.
Why Live in Red Springs, NC?
Red Springs offers affordable housing with a median home value of $85,400, below the US average of $244,900, and rent that’s lower than the national average at $635/month, and short commute times averaging just 23.8 minutes.
Potential considerations include median household income ($19,752) that falls below the national average. However, Red Springs’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Red Springs has a population of 3,107 with a median age of 32.9 years. Compare Red Springs with other cities to see how it stacks up, or explore all cities in North Carolina.
Similar Cities Near Red Springs
Cities in North Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Norwood | 3,110 | $57,953 | $178,900 | Compare |
| Wallburg | 3,104 | $78,821 | $292,500 | Compare |
| Southern Shores | 3,119 | $116,859 | $621,100 | Compare |
| Louisburg | 3,128 | $31,827 | $217,400 | Compare |
| Mountain View | 3,068 | $60,938 | $187,100 | Compare |
| Nags Head | 3,164 | $87,619 | $451,100 | Compare |
| Bermuda Run | 3,166 | $66,800 | $309,800 | Compare |
| East Rockingham | 3,177 | $33,206 | $102,700 | 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 Red Springs With Other Cities
Frequently Asked Questions about Red Springs
What is the population of Red Springs, NC?
The population of Red Springs, NC is 3,107 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 Red Springs?
The median household income in Red Springs, NC is $19,752 per year, which is 74% below the national median of $75,149.
What is the median home value in Red Springs?
The median home value in Red Springs, NC is $85,400, which is 65% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Red Springs?
The median monthly rent in Red Springs, NC is $635, which is 45% below the national average of $1,163/month.
What is the unemployment rate in Red Springs?
The unemployment rate in Red Springs, NC is 8.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Red Springs, NC a good place to live?
Red Springs offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 3,107 and a median age of 32.9, the city appeals to young professionals and families.
How educated is Red Springs, NC?
16.0% of residents in Red 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 Red Springs?
Key cost-of-living indicators for Red Springs, NC: median home value is $85,400 (65% below national), median rent is $635/month, and median household income is $19,752. The home-value-to-income ratio is 4.3x, a moderate figure by national standards.
What is the poverty rate in Red Springs?
The poverty rate in Red Springs, NC is 39.1%, 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 Red Springs, NC?
Red Springs's population is 5.2% White, 22.9% Hispanic or Latino, 0.2% Black or African American, 0.6% Asian, and 44.4% two or more races. 1.5% of residents are foreign-born.