1st Advantage MortgageIn Caswell County, North Carolina, the typical household earns $59,755 a year and the typical rent is $727. Those figures describe the county, not you: compare at least three written offers by APR and total cost, and confirm the lender's license before you apply.
On this page
- Caswell County by the numbers
- Rent, home values and ownership in Caswell County
- Household income in Caswell County
- Employment and commuting in Caswell County
- Caswell County next to its neighbors
- The communities that make up Caswell County
- What a median Caswell County budget can carry
- Who lives in Caswell County, in numbers
- What the numbers mean for Caswell County borrowers
- Checklist for Caswell County applicants
- Licensing and complaints for Caswell County
- More guides for Caswell County
- Frequently asked questions
Caswell County by the numbers
Roughly 22,404 residents live in Caswell County, North Carolina, 75th by population among the state's 100 counties and county equivalents. It covers 425 square miles of land, or about 53 people per square mile. Under the July 2023 OMB definitions, Caswell County is not part of any metropolitan area. Yanceyville is the biggest of its 2 Census places, at roughly 2,215 people (10% of the county total).
Rent, home values and ownership in Caswell County
Median gross rent, utilities included, comes to $727 in Caswell County versus $1,228 statewide. By the Census definition, 42% of Caswell County renters are cost-burdened. Home values center on $164,500, or 2.8 years of median income. The ownership rate is 75%. The median year built is 1981.
| Housing | Caswell County | North Carolina statewide | Typical U.S. county |
|---|---|---|---|
| Median gross rent | $727/mo | $1,228/mo | $877/mo |
| Median home value | $164,500 | $288,900 | $185,300 |
| Owners | 75% | 67% | 75% |
| Rent-burdened renters | 42% | 49% | 45% |
| Burdened owners | 23% | 25% | n/a |
| Mobile homes | 22.6% | 11.0% | n/a |
In an owner-heavy county like Caswell County, many borrowers can also choose a home equity loan or line of credit. Those can price lower but put the house on the line, so compare the two in writing; our personal loan vs. HELOC guide walks through it.
Household income in Caswell County
The median household income in Caswell County is $59,755; statewide it is $72,388, so Caswell County runs 17% below North Carolina as a whole.
| Households earning | Caswell County | +/- vs North Carolina |
|---|---|---|
| Under $35,000 | 30.8% | +7.6 pts |
| $35,000 to $99,999 | 45.6% | +4.2 pts |
| $100,000 to $199,999 | 19.9% | -5.1 pts |
| $200,000 or more | 3.7% | -6.7 pts |
The spread is wide: 24% of Caswell County households make $100,000 or more, and 31% make less than $35,000. The poverty rate is 18.6%, 6 points higher than the state's 13.0%. The Gini index of income inequality is 0.444 (0 is perfect equality). If your income is irregular, as it often is with tips, gig work or seasonal jobs, plan around your leaner months rather than the Caswell County median.
Employment and commuting in Caswell County
Education and health care employs 23% of working residents, the largest share; manufacturing is next with 17%. The sharpest difference from the state is in manufacturing, at 17% locally and 12% for North Carolina. Averaged over the five survey years, 5.2% of the labor force was out of work and looking. Long commutes are common here: 20% of workers spend 45 minutes or longer getting to work.
| Sector | Caswell County | Compared with North Carolina |
|---|---|---|
| Education and health care | 22.5% | 0.0 pts |
| Manufacturing | 17.3% | +5.6 pts |
| Retail trade | 13.4% | +2.2 pts |
| Construction | 9.3% | +1.9 pts |
| Professional and administrative services | 9.0% | -3.6 pts |
| Arts, lodging and food service | 5.8% | -2.6 pts |
If your hours swing with the season or with overtime, size a loan payment against your base pay, not your best month.
Caswell County next to its neighbors
Distances run center to center, from Danville city at 14 miles out to Pittsylvania County at 30. Orange County leads the group on income ($90,089), Danville city trails ($44,423), and Caswell County out-earns 3 of the six. Some neighbors are in Virginia. Lender licensing is state by state, so a loan for a Caswell County resident follows North Carolina rules.
| County | Distance | Median income | Median rent | Owners |
|---|---|---|---|---|
| Caswell County | - | $59,755 | $727/mo | 75% |
| Danville city, VA | 14 mi | $44,423 | $836/mo | 48% |
| Person County, NC | 21 mi | $63,300 | $864/mo | 77% |
| Alamance County, NC | 24 mi | $65,651 | $1,064/mo | 65% |
| Rockingham County, NC | 25 mi | $57,053 | $810/mo | 72% |
| Orange County, NC | 26 mi | $90,089 | $1,496/mo | 64% |
| Pittsylvania County, VA | 30 mi | $54,085 | $861/mo | 79% |
The communities that make up Caswell County
The table lists the 2 largest of 2 Census places in Caswell County, by population. Together all 2 hold about 2,348 people, so roughly 90% of residents live outside any named place. No Caswell County place has a separate guide yet; this county page serves all 2.
| Place in county | Status | Population (ACS) | Median HH income | Monthly rent | Distance from center |
|---|---|---|---|---|---|
| Yanceyville | town | 2,215 | $27,655 | $521 | 1 mi |
| Milton | town | 133 | $36,136 | n/a | 12 mi |
What a median Caswell County budget can carry
The debt-to-income ratio is the main affordability test lenders use. Applied to Caswell County's medians:
- Start: $4,980 gross per month ($59,755 / 12)
- 15% goes to median rent ($727)
- At 36%, room after rent is $1,066 a month
- 43% debt-to-income limit: $1,414 left for all other debt payments
Subtract what you already pay on other debts. A new payment should fit in what remains, with some to spare.
Who lives in Caswell County, in numbers
Degree holders: 18% of adults over 25. About 10% go without health insurance.
| Measure | Caswell County | North Carolina statewide | Typical U.S. county |
|---|---|---|---|
| Median age | 46.7 | 39.1 | 41.5 |
| Bachelor's or higher | 17.9% | 35.7% | 22.2% |
| No high school diploma | 15.7% | 9.9% | n/a |
| No health insurance | 9.8% | 9.9% | 7.8% |
| No vehicle | 6.0% | 5.3% | 5.4% |
| Work from home | 8.5% | 16.3% | 8.7% |
| Poverty rate | 18.6% | 13.0% | 13.2% |
| Unemployment (ACS) | 5.2% | 4.7% | 4.4% |
| Trip time | Share |
|---|---|
| Under 15 min | 12.3% |
| 15 to 29 min | 38.0% |
| 30 to 44 min | 29.7% |
| 45 to 59 min | 9.9% |
| 60+ min | 10.3% |
What the numbers mean for Caswell County borrowers
Based on the Caswell County data above, these borrowing questions are most likely to matter locally.
- Long drives. With 20% of commutes over 45 minutes, tires and repairs are fixed costs in many Caswell County budgets.
- Repairs on manufactured housing. With 23% of homes here, compare a personal loan with any dealer or park repair program.
- Benefit income. With half of residents older than 47, lenders often see pension and Social Security income, which counts like wages.
- Lower-cost alternatives. In a county with 19% in poverty, nonprofit credit counseling may beat a loan (options).
Checklist for Caswell County applicants
Steps that save money for Caswell County residents:
- Size the loan to the bill, not to the most a lender offers.
- Ask each lender for the APR and all fees in writing.
- Look the lender up with the state regulator first.
- Ask about early-payoff penalties.
Licensing and complaints for Caswell County
Caswell County borrowers fall under statewide rules, enforced by the North Carolina Office of the Commissioner of Banks. Federal complaints: consumerfinance.gov. See the North Carolina state guide for the statewide picture.
More guides for Caswell County
For statewide rules and data, see the North Carolina guide.
Frequently asked questions
What is the median household income in Caswell County?
$59,755 a year in the 2020 to 2024 Census survey, versus $72,388 for North Carolina. It ranks 51st of 100 in the state.
How much is rent in Caswell County?
Median gross rent, utilities included, is $727 a month; 42% of renters spend 30% or more of income on it.
I own my home in Caswell County. Personal loan or HELOC?
A HELOC uses the house as collateral; a personal loan usually does not. With 75% of homes owner-occupied here, many readers can compare both in writing.
I live in a small Caswell County town. Is this my guide?
Yes. If your town has no city guide, this county page is the local one; it covers Yanceyville, Milton.
Does my county matter to the questionnaire?
Only your state does. Whether you live in Caswell County or elsewhere in North Carolina, the same rules apply.