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Caldwell County, NC

RANK #488 / 996  ·  POP 80,716  ·  NC

PROJECTED GROWTH: +0.8%

Caldwell County sits in the middle of the pack — stable but not accelerating.

[01] Why Caldwell County?

Caldwell County, North Carolina, distinguishes itself with its extensive collection of public outdoor sculptures, particularly in Lenoir, which hosts an annual Sculpture Celebration. Located in the foothills of the Blue Ridge Mountains, the county offers a blend of natural beauty and small-town living. Lenoir, the county seat, is approximately 69 miles northwest of Charlotte and 90 miles northeast of Asheville, with commute times to major cities generally under 90 minutes. The community provides a serene landscape with wide-open spaces, and residents have access to numerous outdoor activities like hiking, fishing, kayaking, and mountain biking in areas such as Wilson Creek and Pisgah National Forest. The Lenoir Greenway offers miles of paved trails for walking and cycling.

Life in Caldwell County offers an affordable cost of living within close-knit communities like Lenoir, Hudson, and Granite Falls. The Caldwell County Schools system serves nearly 11,000 students across various elementary, middle, and high schools, including innovative options on the Caldwell Community College and Technical Institute campus. Public transportation, including Caldwell Micro-Transit, provides curb-to-curb service within the county. Historically a furniture manufacturing hub, Caldwell County has diversified its economy over the past 15 years. While furniture production remains a factor, the area has seen growth in sectors such as data centers and advanced manufacturing, attracting new investments and contributing to job creation.

[02] Market Snapshot

Housing Ratio
5.1x

Above national median (4.7x)

GDP Growth
+2.5%

Below national median

Home Prices
-1.7%

Prices declining

Climate & Terrain
1.5

Moderate climate & terrain

Price/Rent
18x

Above national median (13x)

Housing is fairly valued at 5.1x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Caldwell County U.S. National

The Numbers

DEMOGRAPHICS
Population
80,716
+0.01% YoY
Median Household Income
$52,362
Median Home Value
$158,300
-1.74% 12mo
Median Rent
$717
Average Annual Pay
$50,605
+3.6% YoY
Employment
25,506
+0.5% YoY
Income-to-Home-Value
0.3308
More affordable than average
Migration Inflow
2.87%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$300,000
Days on Market
95
Slower market
Months of Supply
4.2
Balanced market
Sale-to-List Ratio
96.9%
Negotiation room for buyers
Sold Above List
23.7%
Listings w/ Price Drops
26.0%
Building Permits (2024)
224
Single-Family Permits
224

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$2,523M
TOTAL
PROJECT AMOUNT STATUS
Project Snow Data Center Campus (Phase 1)
Prime Data Centers LLC
$1,300M Planned
Google Data Center Expansion
Google
$1,000M Under Construction
Foothills Renewable Natural Gas Project
Evensol LLC, Duke Energy, Republic Services
$73M Operating
Community Solar Portfolio (Brighter Future Solar & Blue Ridge Energy Solar)
Brighter Future Solar LLC, Blue Ridge Energy
$50M Operating
Advanced Manufacturing & Industrial Redevelopment
Various (e.g., Exela Pharma Sciences, Caldwell County EDC)
$50M Ongoing
Evergreene Industrial Park Development
Caldwell County Economic Development
$50M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +2.5% 47 percentile
Population Growth +0.0% 30 percentile
Income Growth +7.8% 34 percentile
Vacancy Rate 1.0% 58 percentile
Home Price Change -1.7% 16 percentile
Price/Rent 18x 13 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Caldwell County, NC a good place to move to?

Caldwell County has a Boom Town Index score of 51/100, ranking #488 among 996 U.S. counties. With job growth at +0.5% and a median household income of $52,362, it's an above-average county on economic indicators.

Is Caldwell County affordable?

The median home value in Caldwell County is $158,300 with median rent at $717/month. The income-to-home-value ratio is 0.3308, which is more affordable than the national average.

Is Caldwell County growing or shrinking?

Population growth: +0.0% year-over-year. Job growth: +0.5%. Home values changed -1.7% in the past 12 months.

Are people moving to Caldwell County?

Yes — 2.87% of Caldwell County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Bedford County, TN 61 Douglas County, NE 61 Lawrence County, PA 61 Carroll County, NH 61 Barnstable County, MA 61 Cumberland County, TN 61 Washington County, VA 61 Crow Wing County, MN 61