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Randolph County, NC

Trinity

RANK #235 / 996 NAT  ·  #12 / 51 NC  ·  POP 144,403

1YR FORECAST: +2.3%

5YR OUTLOOK: +31%

#48 Highest GDP Growth
Our model projects above-average housing market growth for Randolph County at +2.3% over the next year.

[01] Why Randolph County?

Randolph County, North Carolina, is home to the North Carolina Zoo in Asheboro, one of the nation's largest natural habitat zoos, attracting numerous visitors annually. Located in the Piedmont region of central North Carolina, the county seat of Asheboro is approximately 70 miles from both Raleigh and Charlotte. The area features gently rolling hills, river valleys, and woodlands, with parts of the Uwharrie National Forest offering extensive outdoor recreation opportunities like hiking, fishing, and birdwatching. Commuting to nearby cities like Greensboro and High Point is common for many residents.

Life in Randolph County offers a blend of small-town living and rural landscapes. The public school system is considered above average, with various elementary, middle, and high schools serving the community. Recent economic developments show a shift from traditional textile and furniture manufacturing towards new sectors such as automotive manufacturing, food processing, and distribution. Major investments in advanced manufacturing are creating new job opportunities and diversifying the local industrial base. The county also has local transportation services like Go Randolph, an on-demand rideshare program, to help residents with daily travel.

[02] Market Snapshot

Housing Ratio
5.1x

Above national median (4.7x)

GDP Growth
+7.6%

Well above national median

Home Prices
+2.9%

Outpacing national median

Climate & Terrain
-0.0

Below-average climate & terrain

Price/Rent
13x

Below national median (13x)

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

[03] Top Employers

  1. 1
    Toyota Battery Manufacturing North Carolina Manufacturing
    5,000+
  2. 2
    Randolph County Schools Education
    1,000+
  3. 3
    Randolph Health Healthcare
  4. 4
    Ross Stores Retail
    500+
  5. 5
    County of Randolph Government
  6. 6
    Technimark Manufacturing
  7. 7
    Tempur Sealy International, Inc. Manufacturing

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

[04] Home Value Growth vs National

Randolph County U.S. National

The Numbers

DEMOGRAPHICS
Population
144,403
+0.46% YoY
Median Household Income
$56,423
Median Home Value
$158,300
+2.86% 12mo
Median Rent
$813
Average Annual Pay
$51,663
+10.5% YoY
Employment
44,093
+3.9% YoY
Income-to-Home-Value
0.3564
More affordable than average
Migration Inflow
3.21%
of pop. from another state
Bachelor's Degree+
16.8%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$280,000
Days on Market
75
Slower market
Months of Supply
4.5
Balanced market
Sale-to-List Ratio
97.2%
Negotiation room for buyers
Sold Above List
16.7%
Listings w/ Price Drops
23.7%
Building Permits (2024)
789
Single-Family Permits
553

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

[05] Crime & Safety

B-
SAFETY
GRADE
Homicide Rate
4.7
per 100K · nat avg 6.3
Firearm Fatalities
16.3
per 100K · nat avg 14.8
Injury Deaths
133.0
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] Capital Investment

$14,432M
TOTAL
PROJECT AMOUNT STATUS
Toyota Battery Manufacturing Plant
Toyota
$13,900M Under Construction
Greensboro-Randolph Megasite Development & Transportation Improvements
Ames Construction
$500M Under Construction
Axium Packaging Manufacturing Facility
Axium Packaging
$32M Planned

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

[07] Score Breakdown

GDP Growth +7.6% 95 percentile
Population Growth +0.5% 50 percentile
Income Growth +9.3% 70 percentile
Vacancy Rate 0.8% 77 percentile
Home Price Change +2.9% 70 percentile
Rent Growth +4.3% 71 percentile
Price/Rent 13x 56 percentile

Bars show percentile rank among all 996 counties.

[08] Frequently Asked Questions

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

With a Boom Town Index score of 76/100, Randolph County sits in the upper half of all 996 ranked counties. Employment is expanding at +3.9%, and median household income stands at $56,423 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in NC.

Is Randolph County affordable?

By national standards, Randolph County is quite affordable. Homes here have a median value of $158,300, and the income-to-home-value ratio of 0.36 is well above the U.S. average — especially with median rent at just $813/month. Residents can generally buy a home without being cost-burdened.

Is Randolph County growing or shrinking?

Employers in Randolph County are hiring — job growth of +3.9% — but the population is close to flat (+0.5% YoY). Home values moved +2.9% over the past year. Labor demand is outpacing local population growth, which tends to tighten wages and housing.

Are people moving to Randolph County?

There's a moderate stream of newcomers. About 3.21% of residents moved from another state, which is above average and suggests Randolph County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Alamance County, NC 81 Pitt County, NC 81 Granville County, NC 71 Rutherford County, NC 70 Davidson County, NC 83 Franklin County, NC 68 Miami County, OH 76 Eau Claire County, WI 76