1st Advantage MortgageAbout 77% of Granville County homes are owner-occupied, and the median household income is $71,111. Whatever your own numbers, compare written offers on APR, fees and total cost, and verify the lender is licensed in North Carolina before sharing details.
On this page
- Granville County at a glance
- How much Granville County households make
- What it costs to live in Granville County
- Jobs and commutes in Granville County
- Granville County towns compared
- Granville County and the counties next door
- People and households in Granville County
- Reading the Granville County data as a borrower
- Room for a loan payment in Granville County
- A Granville County borrower's checklist
- North Carolina rules that apply in Granville County
- Nearby and statewide guides
- Frequently asked questions
Granville County at a glance
The latest five-year Census estimate puts Granville County's population at 60,877; only 45 of North Carolina's 100 county-level areas are larger. Packed into 532 square miles, that is close to 114 residents for every square mile of land. No metropolitan area includes Granville County in the 2023 federal delineation, so its numbers stand on their own rather than as part of a metro. Of the 5 Census places inside Granville County, Oxford leads by population with about 8,914; 5 of the 5 are incorporated.
How much Granville County households make
At $71,111, the typical Granville County household income is 8% above the median U.S. county ($65,681). Only 22 North Carolina counties post a higher median.
| Yearly household income | Granville County | Gap to North Carolina |
|---|---|---|
| Under $35,000 | 25.1% | +1.8 pts |
| $35,000 to $99,999 | 39.3% | -2.1 pts |
| $100,000 to $199,999 | 27.4% | +2.4 pts |
| $200,000 or more | 8.2% | -2.2 pts |
About 25% of households earn under $35,000, while 36% clear $100,000. The poverty rate is 15.2%, 2 points higher than the state's 13.0%. Income inequality, measured by the Gini index, comes to 0.447 here. A household earning below the $71,111 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 Granville County
Median gross rent, utilities included, comes to $1,008 in Granville County versus $1,228 statewide. 44% of renting households spend 30% or more of income on rent, and 24% spend half or more. The median owner-occupied home is valued at $247,700, about 3.5 times the median household income. 77% of Granville County households own their home and 23% rent. Median construction year: 1992.
| Granville County | North Carolina | U.S. county median | |
|---|---|---|---|
| Median gross rent | $1,008/mo | $1,228/mo | $877/mo |
| Median home value | $247,700 | $288,900 | $185,300 |
| Owners | 77% | 67% | 75% |
| Rent-burdened renters | 44% | 49% | 45% |
| Burdened owners | 25% | 25% | n/a |
| Mobile homes | 19.0% | 11.0% | n/a |
| Vacant units | 9% | 13% | n/a |
Because most Granville 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.
Jobs and commutes in Granville County
By the Census industry count, 26% of employed Granville County residents work in education and health care and 12% in manufacturing. The sharpest difference from the state is in education and health care, at 26% locally and 23% for North Carolina. ACS puts five-year average unemployment at 4.6% in Granville County. About 79% drive to work alone and 20% have trips of 45 minutes or more. 3.6% of households have no vehicle.
| Where residents work | Granville County | Difference from North Carolina |
|---|---|---|
| Education and health care | 25.7% | +3.2 pts |
| Manufacturing | 12.1% | +0.4 pts |
| Professional and administrative services | 11.3% | -1.4 pts |
| Retail trade | 10.1% | -1.1 pts |
| Construction | 9.5% | +2.1 pts |
| Finance, insurance and real estate | 6.2% | -1.0 pts |
Where long drives are the norm, a car repair is one of the most common surprise bills. A small repair fund can keep a breakdown from turning into a loan.
Granville County towns compared
Here are the 5 most populous of the county's 5 Census places, with income and rent from the same 2020 to 2024 survey. About 39% of Granville County residents live in one of the 5. Stem has the highest median household income on the list ($95,625) and Oxford the lowest ($43,054), counting places with at least 500 residents. Live in one of these Granville County communities, or between them? This is your local guide.
| Community | Type | Residents | Household income (median) | Rent (median) | Distance |
|---|---|---|---|---|---|
| Oxford | city | 8,914 | $43,054 | $995 | 4 mi |
| Butner | town | 8,065 | $74,739 | $1,307 | 12 mi |
| Creedmoor | city | 4,997 | $82,961 | $1,065 | 12 mi |
| Stem | town | 1,249 | $95,625 | $925 | 8 mi |
| Stovall | town | 235 | $53,750 | $1,188 | 11 mi |
Granville County and the counties next door
Vance County is closest, 15 miles from center to center; the sixth, Mecklenburg County, is 31 miles off. 3 of the six report a higher median household income than Granville County; Orange County is highest at $90,089 and Vance County lowest at $50,465. The list crosses into Virginia, where different lending rules and regulators apply.
| County | Distance | Median income | Median rent | Owners |
|---|---|---|---|---|
| Granville County | - | $71,111 | $1,008/mo | 77% |
| Vance County, NC | 15 mi | $50,465 | $883/mo | 60% |
| Person County, NC | 18 mi | $63,300 | $864/mo | 77% |
| Durham County, NC | 22 mi | $82,316 | $1,508/mo | 55% |
| Franklin County, NC | 25 mi | $74,240 | $1,083/mo | 79% |
| Orange County, NC | 31 mi | $90,089 | $1,496/mo | 64% |
| Mecklenburg County, VA | 31 mi | $57,045 | $823/mo | 68% |
People and households in Granville County
25% of Granville County adults 25 and older hold a bachelor's degree or more. The uninsured rate is 9.3%, against 9.9% for North Carolina.
| People and households | Granville County | North Carolina | Median county |
|---|---|---|---|
| Median age | 42.4 | 39.1 | 41.5 |
| Bachelor's or higher | 25.2% | 35.7% | 22.2% |
| No high school diploma | 11.7% | 9.9% | n/a |
| No health insurance | 9.3% | 9.9% | 7.8% |
| No vehicle | 3.6% | 5.3% | 5.4% |
| Work from home | 13.9% | 16.3% | 8.7% |
| Poverty rate | 15.2% | 13.0% | 13.2% |
| Unemployment (ACS) | 4.6% | 4.7% | 4.4% |
| Commute length | Granville County |
|---|---|
| Under 15 min | 17.0% |
| 15 to 29 min | 31.2% |
| 30 to 44 min | 31.5% |
| 45 to 59 min | 12.0% |
| 60+ min | 8.3% |
Reading the Granville County data as a borrower
What the Granville County figures suggest, and what to check first:
- Vehicle repairs. 20% of Granville County workers commute 45+ minutes, so a breakdown can cost a paycheck. Get two written estimates.
- 19% mobile homes. Many are not titled as real estate, so home-equity options may not apply; an unsecured loan is the usual route.
- Advance-fee offers. No legitimate lender asks a Granville County borrower to pay first (scam signs).
Room for a loan payment in Granville County
Here is the Granville County median household run through a simple DTI check. Your numbers will differ.
- Median income divided by twelve: $5,926 before taxes
- 17% goes to median rent ($1,008)
- Under a 36% cap, $2,133 total minus rent leaves $1,125
- With a 43% ceiling, about $1,540 remains for car, card, student and any new loan payments
Subtract what you already pay on other debts. A new payment should fit in what remains, with some to spare.
A Granville County borrower's checklist
Four checks before you sign anything:
- Price the Granville County expense first and borrow that amount, no more.
- Collect three written offers and compare APR and total repaid.
- Only work with lenders licensed for North Carolina borrowers.
- Never pay a fee up front to get a loan.
North Carolina rules that apply in Granville County
No county office licenses personal lenders. For Granville County, check the North Carolina Office of the Commissioner of Banks. The Consumer Financial Protection Bureau accepts complaints nationwide. The North Carolina guide covers state rules in more detail.
Nearby and statewide guides
The North Carolina guide covers the whole state.
Frequently asked questions
What is the median household income in Granville County?
$71,111 a year in the 2020 to 2024 Census survey, versus $72,388 for North Carolina. It ranks 23rd of 100 in the state.
Is Granville County expensive for renters?
Median rent is $1,008 against $1,228 statewide, and 44% of renter households are cost-burdened.
What are the biggest places in Granville County?
By population: Oxford, Butner, Creedmoor, Stem, Stovall. The county has 5 Census places in all.
Is the fit check different in Granville County?
No. It is identical everywhere, and it never looks at your neighborhood.
Who regulates personal lenders for Granville County residents?
The North Carolina Office of the Commissioner of Banks licenses consumer lenders in North Carolina; the CFPB takes complaints about any lender, and the FTC wants to hear about fee-first offers.