1st Advantage MortgageThe median Davie County household earns $75,057, and 9% of residents live below the poverty line. 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
- Davie County at a glance
- How much Davie County households make
- What it costs to live in Davie County
- How Davie County residents earn a living
- Regional comparison for Davie County
- Davie County towns compared
- Davie County households compared
- Reading the Davie County data as a borrower
- Debt-to-income at Davie County's medians
- Licensing and complaints for Davie County
- Four steps for Davie County borrowers
- Nearby and statewide guides
- Frequently asked questions
Davie County at a glance
With an estimated 44,122 residents (ACS 2020 to 2024), Davie County ranks 58th of 100 in North Carolina for population. Packed into 264 square miles, that is close to 167 residents for every square mile of land. It is one of the counties that make up the Winston-Salem, NC metropolitan statistical area (OMB, 2023). Mocksville is the biggest of its 5 Census places, at roughly 6,068 people (14% of the county total).
How much Davie County households make
At $75,057, the typical Davie County household income is 14% above the median U.S. county ($65,681).
| Band | Davie County | Compared with North Carolina |
|---|---|---|
| Under $35,000 | 18.4% | -4.8 pts |
| $35,000 to $99,999 | 45.8% | +4.3 pts |
| $100,000 to $199,999 | 25.6% | +0.6 pts |
| $200,000 or more | 10.2% | -0.2 pts |
About 18% of households earn under $35,000, while 36% clear $100,000. The poverty rate is 9.4%, 4 points lower than the state's 13.0%. A household earning below the $75,057 median should test any payment carefully; one earning above it should still pick the shortest term it can manage.
What it costs to live in Davie County
Renters in Davie County pay a median of $867 a month, 29% below the North Carolina figure of $1,228. 45% of renting households spend 30% or more of income on rent, and 25% spend half or more. The median owner-occupied home is valued at $253,900, about 3.4 times the median household income. Owners occupy 82% of homes. Half the housing stock was built before 1990.
| Cost | Davie County | North Carolina figure | Median county, U.S. |
|---|---|---|---|
| Median gross rent | $867/mo | $1,228/mo | $877/mo |
| Median home value | $253,900 | $288,900 | $185,300 |
| Owners | 82% | 67% | 75% |
| Rent-burdened renters | 45% | 49% | 45% |
| Burdened owners | 20% | 25% | n/a |
| Mobile homes | 16.2% | 11.0% | n/a |
| Vacant units | 11% | 13% | n/a |
Because most Davie County households own, home repairs are a frequent reason to borrow. An unsecured personal loan leaves the house out of the deal, while a HELOC uses it as collateral.
How Davie County residents earn a living
By the Census industry count, 19% of employed Davie County residents work in education and health care and 18% in manufacturing. The sharpest difference from the state is in manufacturing, at 18% locally and 12% for North Carolina. The survey's unemployment rate for Davie County averages 4.7% over 2020 to 2024 (state: 4.7%). Long commutes are common here: 17% of workers spend 45 minutes or longer getting to work.
| Industry | Share of Davie County workers | vs North Carolina |
|---|---|---|
| Education and health care | 18.6% | -3.9 pts |
| Manufacturing | 18.5% | +6.8 pts |
| Retail trade | 12.1% | +0.9 pts |
| Arts, lodging and food service | 8.4% | 0.0 pts |
| Finance, insurance and real estate | 8.0% | +0.8 pts |
| Professional and administrative services | 7.3% | -5.4 pts |
A lender verifies what your own job pays. The county's industry mix tells you about the local economy, not about your application.
Regional comparison for Davie County
Six nearby counties, 17 to 35 miles away by the straight-line distance between their centers. 1 of the six report a higher median household income than Davie County; Iredell County is highest at $81,419 and Surry County lowest at $55,656.
| County | Miles | Median household income | Median rent | Homeownership |
|---|---|---|---|---|
| Davie County | - | $75,057 | $867/mo | 82% |
| Yadkin County, NC | 17 mi | $62,932 | $766/mo | 77% |
| Rowan County, NC | 20 mi | $65,725 | $1,013/mo | 72% |
| Iredell County, NC | 20 mi | $81,419 | $1,252/mo | 72% |
| Davidson County, NC | 21 mi | $64,172 | $901/mo | 74% |
| Forsyth County, NC | 21 mi | $67,165 | $1,098/mo | 64% |
| Surry County, NC | 35 mi | $55,656 | $761/mo | 73% |
Davie County towns compared
The table lists the 5 largest of 5 Census places in Davie County, by population. Together all 5 hold about 12,084 people, so roughly 73% of residents live outside any named place. Among places of 500 or more people, median income runs from $46,750 in Cooleemee to $115,391 in Advance. Rent is cheapest in Advance ($819) and steepest in Bermuda Run ($1,142). No Davie County place has a separate guide yet; this county page serves all 5.
| Place | Type | Population | Median income | Median rent | From county center |
|---|---|---|---|---|---|
| Mocksville | town | 6,068 | $55,367 | $892 | 2 mi |
| Bermuda Run | town | 3,211 | $69,301 | $1,142 | 8 mi |
| Advance | CDP | 1,408 | $115,391 | $819 | 8 mi |
| Cooleemee | town | 988 | $46,750 | $968 | 8 mi |
| Farmington | CDP | 409 | $53,462 | n/a | 5 mi |
Davie County households compared
27% of Davie County adults 25 and older hold a bachelor's degree or more. The uninsured rate is 8.8%, against 9.9% for North Carolina.
| Residents | Davie County | North Carolina | Middle U.S. county |
|---|---|---|---|
| Median age | 45.0 | 39.1 | 41.5 |
| Bachelor's or higher | 27.3% | 35.7% | 22.2% |
| No high school diploma | 8.6% | 9.9% | n/a |
| No health insurance | 8.8% | 9.9% | 7.8% |
| No vehicle | 6.1% | 5.3% | 5.4% |
| Work from home | 8.8% | 16.3% | 8.7% |
| Poverty rate | 9.4% | 13.0% | 13.2% |
| Unemployment (ACS) | 4.7% | 4.7% | 4.4% |
| Commute length | Davie County |
|---|---|
| Under 15 min | 23.6% |
| 15 to 29 min | 35.9% |
| 30 to 44 min | 24.0% |
| 45 to 59 min | 8.1% |
| 60+ min | 8.5% |
Reading the Davie County data as a borrower
The county's numbers point to a few situations that come up often for Davie County borrowers.
- 16% mobile homes. Many are not titled as real estate, so home-equity options may not apply; an unsecured loan is the usual route.
- Fixed incomes. Davie County's median age is 45.0. Social Security and pensions count as income when documented.
- Renters under pressure. When 45% pay 30% or more for rent, the smallest loan that solves the problem is the right size.
Debt-to-income at Davie County's medians
The debt-to-income ratio is the main affordability test lenders use. Applied to Davie County's medians:
- $75,057 a year is $6,255 of gross monthly income
- Housing at the median rent of $867 uses 14%
- At 36%, room after rent is $1,385 a month
If your rent is above $867, the room shrinks dollar for dollar.
Licensing and complaints for Davie County
Before sharing details with a lender, a Davie County resident can confirm its license with the North Carolina Office of the Commissioner of Banks. Federal complaints: consumerfinance.gov. The North Carolina guide covers state rules in more detail.
Four steps for Davie County borrowers
Before you apply, wherever you live in Davie County:
- Borrow the amount the job needs; extra cash adds interest.
- Line up offers side by side: APR, fees in dollars, total cost.
- Confirm the lender is licensed in North Carolina.
- Ask a Davie County credit union about member loans.
Nearby and statewide guides
The North Carolina guide covers the whole state.
Frequently asked questions
Is Davie County a high-income county?
Its $75,057 median ranks 18th of 100 North Carolina counties and compares with $65,681 for the median U.S. county.
What do renters pay in Davie County?
$867 a month at the median, about 14% of median household income.
I own my home in Davie County. Personal loan or HELOC?
A HELOC uses the house as collateral; a personal loan usually does not. With 82% of homes owner-occupied here, many readers can compare both in writing.
I live in a small Davie County town. Is this my guide?
Yes. If your town has no city guide, this county page is the local one; it covers Mocksville, Bermuda Run, Advance, Cooleemee, Farmington.
Is the fit check different in Davie County?
No. It is identical everywhere, and it never looks at your neighborhood.