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Rowan County, NC

Salisbury

RANK #528 / 996 NAT  ·  #28 / 51 NC  ·  POP 147,067

1YR FORECAST: +0.6%

5YR OUTLOOK: +23%

Rowan County's housing market is projected to grow +0.6% over the next year, below the national average.

[01] Why Rowan County?

Rowan County, North Carolina, is often recognized for its rich history, particularly in Salisbury, the county seat, which was a significant trade and political center in western North Carolina during the 18th and 19th centuries. Located in the Piedmont region, it sits approximately an hour's drive from both Charlotte and the Greensboro/Winston-Salem Triad area, offering a blend of rural landscapes and urban amenities. Commuting is facilitated by Interstate 85, which bisects the county, providing access to major transportation corridors. The county also features notable natural attractions like High Rock Lake, the second-largest lake in North Carolina, and numerous parks, providing opportunities for outdoor recreation such as hiking, kayaking, and fishing.

Life in Rowan County offers a balance of small-town character and access to larger city conveniences. The Rowan-Salisbury School System serves nearly all of the county, with 32 schools. The local economy is experiencing growth, with recent investments in advanced manufacturing, data centers, and other industrial sectors. These developments contribute to job creation and aim to diversify the economic base beyond its historical reliance on industries like textiles. The county's strategic location and transportation networks are factors in attracting new businesses.

[02] Market Snapshot

Housing Ratio
4.5x

Below national median (4.7x)

GDP Growth
+2.0%

Below national median

Home Prices
+0.9%

Below national median

Climate & Terrain
-0.1

Below-average climate & terrain

Price/Rent
11x

Strong rental yield

Housing is fairly valued at 4.5x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Food Lion Retail
    2,500+
  2. 2
    Rowan-Salisbury Schools Education
  3. 3
    Veterans Administration (Salisbury VA) Healthcare
    1,000+
  4. 4
    Daimler Trucks North America (Freightliner) Manufacturing
  5. 5
    Novant Health Rowan Medical Center Healthcare
  6. 6
    Rowan County Government Government
  7. 7
    Rowan-Cabarrus Community College Education
    500+
  8. 8
    Chewy Retail
  9. 9
    N.C. Department of Public Safety Government
    250+
  10. 10
    R and L Carriers Logistics

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

[04] Home Value Growth vs National

Rowan County U.S. National

The Numbers

DEMOGRAPHICS
Population
147,067
+0.88% YoY
Median Household Income
$59,717
Median Home Value
$187,300
+0.88% 12mo
Median Rent
$925
Average Annual Pay
$57,503
+4.2% YoY
Employment
50,595
-0.3% YoY
Income-to-Home-Value
0.3188
More affordable than average
Migration Inflow
4.72%
of pop. from another state
Bachelor's Degree+
20.6%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$330,150
Days on Market
86
Slower market
Months of Supply
5.3
Buyer's market
Sale-to-List Ratio
97.8%
Negotiation room for buyers
Sold Above List
16.4%
Listings w/ Price Drops
29.4%
Building Permits (2024)
592
Single-Family Permits
585

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

[05] Crime & Safety

D
SAFETY
GRADE
Homicide Rate
9.7
per 100K · nat avg 6.3
Firearm Fatalities
19.9
per 100K · nat avg 14.8
Injury Deaths
127.8
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] Air Quality

B-
AIR QUALITY
GRADE
Median AQI (3yr)
45.7
Good
Good Air Days
63%
684 of 1,091 days
Unhealthy+ Days (3yr)
3
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
44
2022
46
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

$1,900M
TOTAL
PROJECT AMOUNT STATUS
Buck Energy Complex (Natural Gas Combustion Turbines)
Duke Energy
$850M Proposed
Jabil Manufacturing Facility (AI Data Center Infrastructure Support)
Jabil Inc.
$500M Planned
Long Ferry Road Data Center Campus (Potential)
EDC Charlotte LLC (Edged)
$500M Proposed
Community Solar Portfolio (Multiple Projects)
Various (e.g., Oppidum Renewables USA, LLC, Strata Manager, LLC, Duke Energy)
$50M Operating

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

[08] Score Breakdown

GDP Growth +2.0% 35 percentile
Population Growth +0.9% 68 percentile
Income Growth +11.4% 93 percentile
Vacancy Rate 1.1% 48 percentile
Home Price Change +0.9% 43 percentile
Rent Growth +3.2% 54 percentile
Price/Rent 11x 78 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

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

Rowan County scores 47/100 on the Boom Town Index, landing in the middle of the pack among 996 U.S. counties (#528). Median household income is $59,717 and job growth is running at -0.3%. The data points to a county with mixed signals — some positive indicators alongside areas that lag faster-growing peers.

Is Rowan County affordable?

Housing in Rowan County is roughly in line with national affordability norms. The median home costs $187,300 and the income-to-home-value ratio sits at 0.32, with rents averaging $925/month. Not a bargain, but not a stretch for most local earners either.

Is Rowan County growing or shrinking?

Rowan County's population is growing — up +0.9% YoY — while the job market is roughly flat (employment change of -0.3%). Home values shifted +0.9% 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 Rowan County?

There's a moderate stream of newcomers. About 4.72% of residents moved from another state, which is above average and suggests Rowan County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Sampson County, NC 45 Burke County, NC 50 Watauga County, NC 43 Craven County, NC 43 Catawba County, NC 52 Guilford County, NC 56 Adams County, PA 47 Bannock County, ID 47