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Davidson County, NC

RANK #261 / 1001 NAT  ·  #16 / 51 NC  ·  POP 172,954

1YR FORECAST: +1.7%

5YR OUTLOOK: +32%

Our model projects above-average housing market growth for Davidson County at +1.7% over the next year.

[01] Why Davidson County?

Davidson County, North Carolina, is perhaps best known for Lexington-style barbecue, a culinary tradition that draws visitors from across the Southeast to its annual festival. Located in the state's Piedmont region, the county sits between the urban centers of Greensboro and Winston-Salem, and about an hour's drive from Charlotte. This positioning allows for a community feel with access to larger city amenities. High Rock Lake, the second-largest lake in North Carolina, offers extensive opportunities for boating, fishing, and other water sports, contributing to the area's natural appeal.

Life in Davidson County often appeals to families and those seeking a more relaxed pace. Many residents own their homes, and the public schools are rated above average. Commuting to nearby cities like Winston-Salem or Greensboro is common, with an average commute time of about 24 minutes. The local economy, historically tied to furniture manufacturing, is seeing new investment in sectors such as advanced manufacturing and energy. This economic evolution provides diverse job opportunities while maintaining a community-focused lifestyle.

MARKET PROFILE
LEANS TOWARD

Secondary Market Surge

Davidson County is one of 35 U.S. counties in this market profile — stronger than typical on the BoomTown Index. Within this cohort, its recent home-price change of +4.7% runs above the profile's typical +1.4%.

See all 35 Secondary Market Surge counties →

[02] Market Snapshot

Housing Ratio
14.9x

Overvalued relative to economy

Home Prices
+4.7%

Outpacing national median

Climate & Terrain
-0.1

Below-average climate & terrain

Price/Rent
12x

Below national median (15x)

Housing looks overvalued at 14.9x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Davidson County Schools Education
    1,000+
  2. 2
    Atrium Windows and Doors Manufacturing
  3. 3
    Davidson County Government Government
    500+
  4. 4
    EGGER Wood Products Manufacturing
  5. 5
    Old Dominion Freight Line Inc. Logistics
  6. 6
    Bradley Personnel Inc. Other
  7. 7
    Walmart Associates Inc. Retail
  8. 8
    Food Lion Retail
  9. 9
    Davidson-Davie Community College Education
  10. 10
    Mohawk Industries Manufacturing

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Davidson County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
172,954
+1.11% YoY
Median Household Income
$64,172
Median Home Value
$219,100
+4.67% 12mo
Median Rent
$901
Average Annual Pay
$54,856
+0.5% YoY
Employment
46,227
-0.9% YoY
Income-to-Home-Value
0.2929
More affordable than average
Migration Inflow
3.2%
of pop. from another state
Bachelor's Degree+
21.7%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$330,000
Days on Market
49
Moderate pace
Months of Supply
3.0
Balanced market
Sale-to-List Ratio
98.8%
Near asking price
Sold Above List
21.8%
Listings w/ Price Drops
32.7%
Building Permits (2025)
1,216
Single-Family Permits
941

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

[05] Crime & Safety

B-
SAFETY
GRADE
Homicide Rate
4.6
per 100K · nat avg 6.3
Firearm Fatalities
16.7
per 100K · nat avg 14.8
Injury Deaths
117.6
per 100K · nat avg 76.3
vs National Average
Below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B-
AIR QUALITY
GRADE
Median AQI (3yr)
47.0
Good
Good Air Days
55%
581 of 1,059 days
Unhealthy+ Days (3yr)
3
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
47
2022
47
2023
47
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$1,628M
TOTAL
PROJECT AMOUNT STATUS
Duke Energy Natural Gas Plant (Proposed)
Duke Energy
$1,000M Proposed
Dai Nippon Printing (DNP) Lithium-Ion Battery Pouch Manufacturing Facility
Dai Nippon Printing Co., Ltd. (DNP)
$233M Under Construction
Siemens Mobility Rail Manufacturing Facility
Siemens Mobility
$220M Under Construction
South Davidson Solar Project
City of Charlotte / Cypress Creek Renewables
$75M Planned
Haley Property Master Plan (Residential Development)
PulteGroup
$50M Planned
Lexington Industrial Park Sewer Infrastructure
Davidson County / Golden LEAF
$50M Under Construction

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

[08] Score Breakdown

Population Growth +1.1% 69 percentile
Income Growth +2.8% 52 percentile
Vacancy Rate 0.8% 68 percentile
Home Price Change +4.7% 84 percentile
Rent Growth +3.6% 62 percentile
Price/Rent 12x 83 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

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

With a Boom Town Index score of 74/100, Davidson County sits in the upper half of all 1001 ranked counties. and median household income stands at $64,172 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in NC.

Is Davidson County affordable?

Housing in Davidson County is roughly in line with national affordability norms. The median home costs $219,100 and the income-to-home-value ratio sits at 0.29, with rents averaging $901/month. Not a bargain, but not a stretch for most local earners either.

Is Davidson County growing or shrinking?

Davidson County's population is growing — up +1.1% YoY — while the job market is roughly flat (employment change of -0.9%). Home values shifted +4.7% over the past year. In-migration is outpacing local hiring, which often points to remote workers or retirees driving the headcount.

Are people moving to Davidson County?

There's a moderate stream of newcomers. About 3.2% of residents moved from another state, which is above average and suggests Davidson County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Randolph County, NC 75 Harnett County, NC 79 Watauga County, NC 68 Columbus County, NC 81 Sampson County, NC 82 Granville County, NC 66 Carroll County, GA 74 Lake County, OH 74