96 / 100

Lee County, NC

Township 6

RANK #45 / 996 NAT  ·  #5 / 51 NC  ·  POP 63,560

1YR FORECAST: +1.0%

5YR OUTLOOK: +40%

#13 Best for Investment #16 Highest GDP Growth #39 Best Rental Yield
Our model projects Lee County's housing market to grow +1.0% over the next year, significantly outpacing the national average.

[01] Why Lee County?

Lee County, North Carolina, is known as the "brick making capital" of the United States, with Sanford, the county seat, historically producing more bricks than any other U.S. city. Located in the state's Piedmont region, Lee County sits about 40 miles southwest of Raleigh, making commutes to the larger city feasible for residents. The community offers a blend of small-town living with access to natural amenities, including San-Lee Park, which provides hiking, biking, and kayaking opportunities across its 177 acres. The Deep River, forming the county's northern boundary, also offers scenic areas and historical sites like the Deep River Camelback Truss Bridge.

Life in Lee County often appeals to families and young professionals, with a majority of residents owning their homes. The public school system is considered above average, with institutions like Lee Early College and Tramway Elementary School ranking highly. Recent economic growth in the county is driven by significant investments in manufacturing and data centers in the surrounding region, creating new job opportunities and increasing demand for housing. The County of Lee Transit System (COLTS) and the new Buzzline microtransit service provide on-demand transportation options for residents.

[02] Market Snapshot

Housing Ratio
3.6x

Undervalued relative to economy

GDP Growth
+10.4%

Well above national median

Home Prices
+0.3%

Well below national median

Climate & Terrain
-0.7

Below-average climate & terrain

Price/Rent
9x

Strong rental yield

Housing looks undervalued at 3.6x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Lee County Schools Education
    1,000+
  2. 2
    Caterpillar Inc. Manufacturing
  3. 3
    Pilgrim's Pride Corporation Manufacturing
    500+
  4. 4
    Pentair Water Pool & Spa Inc. Manufacturing
  5. 5
    Kelly Services Inc. Other
  6. 6
    Coty LLC Manufacturing
    250+
  7. 7
    County of Lee Government
  8. 8
    Tyson Mexican Original Inc. Manufacturing
  9. 9
    Bear Creek Arsenal Manufacturing
  10. 10
    Central Carolina Hospital Healthcare

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

[04] Home Value Growth vs National

Lee County U.S. National

The Numbers

DEMOGRAPHICS
Population
63,560
+1.41% YoY
Median Household Income
$60,941
Median Home Value
$186,000
+0.35% 12mo
Median Rent
$923
Average Annual Pay
$58,075
+11.2% YoY
Employment
27,674
+6.5% YoY
Income-to-Home-Value
0.3276
More affordable than average
Migration Inflow
3.85%
of pop. from another state
Bachelor's Degree+
21.0%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$310,000
Days on Market
75
Slower market
Months of Supply
6.1
Buyer's market
Sale-to-List Ratio
98.4%
Near asking price
Sold Above List
18.4%
Listings w/ Price Drops
24.9%
Building Permits (2024)
602
Single-Family Permits
602

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

[05] Crime & Safety

D
SAFETY
GRADE
Homicide Rate
9.6
per 100K · nat avg 6.3
Firearm Fatalities
18.7
per 100K · nat avg 14.8
Injury Deaths
112.6
per 100K · nat avg 76.3
vs National Average
Well above 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] Capital Investment

$1,209M
TOTAL
PROJECT AMOUNT STATUS
Deep River Data AI Data Center (Proposed)
Deep River Data
$500M Proposed
Pfizer Expansion
Pfizer
$500M Completed
Audentes Therapeutics Investment
Audentes Therapeutics
$109M Completed
Adams Village Commercial Project
To be determined (developer)
$50M Proposed
Midtown Village East (Mixed-Use Development)
To be determined (developer)
$50M Proposed

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

[07] Score Breakdown

GDP Growth +10.4% 98 percentile
Population Growth +1.4% 81 percentile
Income Growth +5.7% 6 percentile
Vacancy Rate 1.6% 18 percentile
Home Price Change +0.3% 35 percentile
Rent Growth +6.2% 88 percentile
Price/Rent 9x 96 percentile

Bars show percentile rank among all 996 counties.

[08] Frequently Asked Questions

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

Lee County ranks #45 out of 996 U.S. counties on the Boom Town Index with a score of 96/100, putting it in the top tier nationally. Job growth of +6.5% and a median household income of $60,941 point to a county with active economic momentum.

Is Lee County affordable?

Housing in Lee County is roughly in line with national affordability norms. The median home costs $186,000 and the income-to-home-value ratio sits at 0.33, with rents averaging $923/month. Not a bargain, but not a stretch for most local earners either.

Is Lee County growing or shrinking?

Lee County is growing on multiple fronts. Population is up +1.4% year-over-year while employers added jobs at a +6.5% clip. Home values shifted +0.3% in the past year.

Are people moving to Lee County?

There's a moderate stream of newcomers. About 3.85% of residents moved from another state, which is above average and suggests Lee County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Stanly County, NC 96 Rockingham County, NC 97 Lenoir County, NC 98 Wilson County, NC 98 Robeson County, NC 90 Wayne County, NC 88 Sauk County, WI 96 Montcalm County, MI 96