Summerfield, NC
Population 11,031 · North Carolina
About Summerfield, NC
Summerfield is a mid-sized city located in North Carolina with a population of 11,031 residents according to the latest US Census Bureau American Community Survey data. The median household income is $151,131 per year, which is 101% above the national median of $75,149. The median age of 44.4 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 Summerfield features a median home value of $490,100, which is 100% above the national median of $244,900. This places Summerfield in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,148, 1% below the national average of $1,163/month. Of the 4,090 total housing units, 91% are owner-occupied (3,498 units) and 9% are renter-occupied (363 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Summerfield shows an unemployment rate of 3.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 7.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Summerfield have an average one-way commute time of 26.4 minutes.
Education & Demographics
59.4% of Summerfield residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 1.3% White, 0.5% Hispanic or Latino, 0.3% Black or African American, and 3.0% Asian residents, with 9.9% of the population being foreign-born.
How Summerfield Ranks in North Carolina
Cost of Living in Summerfield, NC
Compared to national averages, Summerfield has a median household income of $151,131 (101% above the national median of $75,149). Home values average $490,100, which is 100% above the national median. Monthly rent at $1,148 is 1% below the US average of $1,163. Within North Carolina, Summerfield's income is 134% above the state average of $64,468, and home values are 114% above the state median of $228,922.
Why Live in Summerfield, NC?
Summerfield offers a strong local economy with a median household income of $151,131, well above the national average, and rent that’s lower than the national average at $1,148/month, and a strong job market with an unemployment rate of just 3.1%. Additionally, the city features a well-educated community where 59.4% of residents hold a bachelor’s degree or higher, and a low poverty rate of 7.7%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $490,100. However, Summerfield’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Summerfield has a population of 11,031 with a median age of 44.4 years. Compare Summerfield with other cities to see how it stacks up, or explore all cities in North Carolina.
Similar Cities Near Summerfield
Cities in North Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Spout Springs | 11,073 | $87,905 | $310,100 | Compare |
| Pineville | 10,780 | $64,257 | $344,700 | Compare |
| Elon | 11,325 | $82,717 | $355,800 | Compare |
| Tarboro | 10,705 | $49,386 | $155,500 | Compare |
| Mount Airy | 10,631 | $39,873 | $176,600 | Compare |
| Winterville | 10,624 | $82,783 | $226,600 | Compare |
| Kings Mountain | 11,472 | $45,507 | $177,700 | Compare |
| Lincolnton | 11,503 | $43,294 | $224,600 | 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 Summerfield With Other Cities
Frequently Asked Questions about Summerfield
What is the population of Summerfield, NC?
The population of Summerfield, NC is 11,031 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in North Carolina.
What is the median household income in Summerfield?
The median household income in Summerfield, NC is $151,131 per year, which is 101% above the national median of $75,149.
What is the median home value in Summerfield?
The median home value in Summerfield, NC is $490,100, which is 100% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Summerfield?
The median monthly rent in Summerfield, NC is $1,148, which is 1% below the national average of $1,163/month.
What is the unemployment rate in Summerfield?
The unemployment rate in Summerfield, NC is 3.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Summerfield, NC a good place to live?
Summerfield offers above-average incomes, a competitive housing market, and a strong job market. With a population of 11,031 and a median age of 44.4, the city appeals to a broad range of residents.
How educated is Summerfield, NC?
59.4% of residents in Summerfield aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Summerfield?
Key cost-of-living indicators for Summerfield, NC: median home value is $490,100 (100% above national), median rent is $1,148/month, and median household income is $151,131. The home-value-to-income ratio is 3.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Summerfield?
The poverty rate in Summerfield, NC is 7.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Summerfield, NC?
Summerfield's population is 1.3% White, 0.5% Hispanic or Latino, 0.3% Black or African American, 3.0% Asian, and 5.5% two or more races. 9.9% of residents are foreign-born.