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Gaston County, NC

RANK #650 / 996  ·  POP 228,972  ·  NC

PROJECTED GROWTH: +0.2%

Gaston County shows below-average economic momentum. Growth signals are flat or softening.

[01] Why Gaston County?

Gaston County, North Carolina, offers a blend of small-town charm and natural beauty, with Crowders Mountain State Park standing out as a major draw for outdoor enthusiasts. Located just west of Charlotte, across the Catawba River, the county provides a quieter setting while maintaining access to urban amenities. Commute times to Charlotte are a consideration, though the completion of the I-485 western loop has improved connectivity. Towns like Belmont, known for Daniel Stowe Botanical Garden and Belmont Abbey College, and Gastonia, the county seat, contribute to the community's character. The Carolina Thread Trail also provides miles of pathways for hiking and biking throughout the county.

Life in Gaston County appeals to families and individuals seeking a balance between suburban and rural living. The Gaston County Schools district serves over 30,000 students across 56 schools and is considered above average. The economy, historically rooted in the textile industry, has been diversifying. Recent economic developments include investments in commercial and residential projects, as well as growth in manufacturing and energy sectors. These developments are contributing to job creation and an expanding tax base within the county.

[02] Market Snapshot

Housing Ratio
5.4x

Above national median (4.7x)

GDP Growth
+4.1%

Well above national median

Home Prices
+1.0%

Below national median

Climate & Terrain
0.4

Moderate climate & terrain

Price/Rent
10x

Strong rental yield

Housing is fairly valued at 5.4x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Gaston County U.S. National

The Numbers

DEMOGRAPHICS
Population
228,972
+1.27% YoY
Median Household Income
$62,628
Median Home Value
$206,700
+1.0% 12mo
Median Rent
$1,005
Average Annual Pay
$54,211
+4.7% YoY
Employment
79,486
+2.7% YoY
Income-to-Home-Value
0.303
More affordable than average
Migration Inflow
3.38%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$320,000
Days on Market
103
Slower market
Months of Supply
4.3
Balanced market
Sale-to-List Ratio
97.4%
Negotiation room for buyers
Sold Above List
13.4%
Listings w/ Price Drops
26.0%
Building Permits (2024)
2,069
Single-Family Permits
1,923

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

[05] Capital Investment

$615M
TOTAL
PROJECT AMOUNT STATUS
Allen 2 Battery Energy Storage System (BESS)
Duke Energy
$167M Planned
Riverbend Battery Energy Storage System (BESS)
Duke Energy
$115M Planned
Fit Precast Headquarters and Production Facility
Fit Precast
$102M Planned
Allen 1 Battery Energy Storage System (BESS)
Duke Energy
$100M Operating
Hornet Solar
Capital Power
$73M Under Construction
Franklin Yards Mixed-Use Development
Highline Partners
$58M In Planning

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

[06] Score Breakdown

GDP Growth +4.1% 74 percentile
Population Growth +1.3% 78 percentile
Income Growth +10.2% 82 percentile
Vacancy Rate 1.2% 36 percentile
Home Price Change +1.0% 45 percentile
Rent Growth +0.1% 12 percentile
Price/Rent 10x 86 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Gaston County has a Boom Town Index score of 35/100, ranking #650 among 996 U.S. counties. With job growth at +2.7% and a median household income of $62,628, it faces some economic headwinds compared to faster-growing counties.

Is Gaston County affordable?

The median home value in Gaston County is $206,700 with median rent at $1,005/month. The income-to-home-value ratio is 0.303, which is more affordable than the national average.

Is Gaston County growing or shrinking?

Population growth: +1.3% year-over-year. Job growth: +2.7%. Home values changed +1.0% in the past 12 months.

Are people moving to Gaston County?

Yes — 3.38% of Gaston County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Richland County, SC 45 Norfolk County, MA 45 Hall County, NE 45 Columbia County, PA 45 Yakima County, WA 45 Mercer County, WV 45 Bonneville County, ID 45 Madison County, KY 45