Rich Square, NC
Population 780 · North Carolina
About Rich Square, NC
Rich Square is a small community located in North Carolina with a population of 780 residents according to the latest US Census Bureau American Community Survey data. The median household income is $38,621 per year, which is 49% below the national median of $75,149. The median age of 61.6 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 Rich Square features a median home value of $78,300, which is 68% below the national median of $244,900. This makes Rich Square one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $781, 33% below the national average of $1,163/month. Of the 370 total housing units, 78% are owner-occupied (249 units) and 22% are renter-occupied (71 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Rich Square shows an unemployment rate of 3.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 29.4%, above the national average of 12.4%. Workers in Rich Square have an average one-way commute time of 31.8 minutes.
Education & Demographics
16.5% of Rich Square 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 1.0% White, 4.1% Hispanic or Latino, 0.0% Black or African American, and 0.6% Asian residents, with 3.8% of the population being foreign-born.
How Rich Square Ranks in North Carolina
Cost of Living in Rich Square, NC
Compared to national averages, Rich Square has a median household income of $38,621 (49% below the national median of $75,149). Home values average $78,300, which is 68% below the national median. Monthly rent at $781 is 33% below the US average of $1,163. Within North Carolina, Rich Square's income is 40% below the state average of $64,468, and home values are 66% below the state median of $228,922.
Why Live in Rich Square, NC?
Rich Square offers affordable housing with a median home value of $78,300, below the US average of $244,900, and rent that’s lower than the national average at $781/month, and a strong job market with an unemployment rate of just 3.3%.
Potential considerations include median household income ($38,621) that falls below the national average. However, Rich Square’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Rich Square has a population of 780 with a median age of 61.6 years. Compare Rich Square with other cities to see how it stacks up, or explore all cities in North Carolina.
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Cities in North Carolina with a similar population size.
Demographics
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Economy & Education
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Other Cities in North Carolina
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Rich Square
What is the population of Rich Square, NC?
The population of Rich Square, NC is 780 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 Rich Square?
The median household income in Rich Square, NC is $38,621 per year, which is 49% below the national median of $75,149.
What is the median home value in Rich Square?
The median home value in Rich Square, NC is $78,300, which is 68% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Rich Square?
The median monthly rent in Rich Square, NC is $781, which is 33% below the national average of $1,163/month.
What is the unemployment rate in Rich Square?
The unemployment rate in Rich Square, NC is 3.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Rich Square, NC a good place to live?
Rich Square offers a moderate cost of living, affordable housing, and a strong job market. With a population of 780 and a median age of 61.6, the city appeals to established professionals and retirees.
How educated is Rich Square, NC?
16.5% of residents in Rich Square 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 Rich Square?
Key cost-of-living indicators for Rich Square, NC: median home value is $78,300 (68% below national), median rent is $781/month, and median household income is $38,621. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Rich Square?
The poverty rate in Rich Square, NC is 29.4%, 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 Rich Square, NC?
Rich Square's population is 1.0% White, 4.1% Hispanic or Latino, 0.0% Black or African American, 0.6% Asian, and 53.2% two or more races. 3.8% of residents are foreign-born.