HomeNorth CarolinaCabarrus County
Cabarrus County, North Carolina: commercial real estate data.
Cabarrus County, North Carolina has a population of 236,133 across 362 square miles, up 8.5 percent since the 2020 census base. County output reached $12.96 bn in 2024, 5,279 establishments operate here, and the SBA record carries 218 7(a) approvals worth $129.6 m.
129 sourced county values · tier FULL · 12 sections
Cabarrus County
How many people live in Cabarrus County
- Population236,133
- Households84,246
- Average household size2.80
- Median household income$89,005
- Median age37.7
- Median gross rent$1,414 per month
- Median owner-occupied home value$354,800
- Home value to household income4.0 times
- Annual rent as a share of median income19.1 percent
- Adults 25 and over with a bachelor degree or higher37.9 percent
- Adults 25 and over with a graduate degree13.9 percent
- Adults 25 and over157,298
- Population under 1859,433
- Share under 1825.2 percent
- Population 65 and over32,038
- Share 65 and over13.6 percent
- Working age population, 18 to 64144,662
- Civilian labor force125,285
- Unemployment rate4.6 percent
- Labor force participation, adults 18 and over70.9 percent
- Rank by population among North Carolina counties9th of 100
- Rank by population among US county-equivalents299th
Cabarrus County is the 9th largest of 100 North Carolina counties by population. A median home costs 4.0 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 25.2 percent against 13.6 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Cabarrus County
Is Cabarrus County growing
- Population change since the 2020 census base8.47 percent
- Census 2020 base population225,797
- Births, 20242,743
- Deaths, 20242,011
- Natural change, 2024732
- Net domestic migration, 20242,530
- Net international migration, 20241,070
- Total net migration, 20243,600
- Cumulative net domestic migration, 2021 to 202412,371
- Rank by growth among US county-equivalents212th
The county has grown 8.47 percent since the 2020 census base. Migration contributed more to 2024 change than births over deaths, so demand here follows people arriving rather than families forming.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Cabarrus County
Where people moving to Cabarrus County come from
- Tax returns filed by households arriving9,144
- People arriving, from those returns17,748
- Adjusted gross income arriving$599.3 m
- Net adjusted gross income movement$0
- Average income of an arriving household$65,542
- Largest single originCabarrus County Non-migrants (79,076 households)
- Largest single destination (79,076 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Cabarrus County Non-migrants | 79,076 | 173,313 | $7.17 bn |
| Mecklenburg County | 3,236 | 6,265 | $227.5 m |
| Other flows - Different State | 2,320 | 4,742 | $164.9 m |
| Other flows - South | 1,130 | 2,267 | $73.5 m |
| Rowan County | 734 | 1,398 | $32.8 m |
| Other flows - Northeast | 492 | 1,010 | $35.3 m |
| Other flows - Midwest | 368 | 778 | $28.3 m |
| Other flows - Same State | 349 | 606 | $16.4 m |
The largest single source of arrivals is Cabarrus County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Cabarrus County
What the Cabarrus County economy runs on
- County GDP, 2024$12.96 bn
- County GDP, 2023$11.81 bn
- GDP change, 2023 to 20249.8 percent
- GDP change over five years53.1 percent
- Rank by GDP among North Carolina counties12th
- Rank by GDP among US county-equivalents359th
- GDP per resident$54,894
Output grew 9.8 percent in the latest year and 53.1 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Cabarrus County
Who employs people in Cabarrus County
- Covered employment, annual average87,725
- Establishments reporting6,614
- Average annual pay$56,529
- Average weekly wage$1,087
- Sector 44-45, employment12,858
- Sector 44-45, average annual pay$35,650
- Sector 72, employment11,275
- Sector 72, average annual pay$23,022
- Sector 42, employment6,190
- Sector 42, average annual pay$80,806
- Sector 62, employment6,125
- Sector 62, average annual pay$59,167
- Sector 48-49, employment6,089
- Sector 31-33, employment5,560
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 44-45 | 12,858 | 766 | $35,650 |
| Sector 72 | 11,275 | 507 | $23,022 |
| Sector 42 | 6,190 | 359 | $80,806 |
| Sector 62 | 6,125 | 546 | $59,167 |
| Sector 48-49 | 6,089 | 237 | $41,298 |
| Sector 31-33 | 5,560 | 196 | $65,228 |
| Sector 23 | 5,348 | 796 | $70,549 |
| Sector 56 | 4,160 | 496 | $48,935 |
The largest sector is the biggest private employer group at 12,858 jobs, 14.7 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Cabarrus County
What businesses operate in Cabarrus County
- Establishments, all industries5,279
- Employment at those establishments77,218
- Annual payroll$3.72 bn
- Establishments per 1,000 residents22.4
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Cabarrus County
What is being built in Cabarrus County
- Housing units authorised by permit, 20242,485
- Declared construction value permitted$411.4 m
- Single family units authorised1,768
- Multifamily units authorised717
- Multifamily share of units28.9 percent
- Average declared value per unit$165,545
- Units authorised per 1,000 households29.5
Multifamily is 28.9 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Cabarrus County
How much SBA lending happens in Cabarrus County
- 7(a) approvals recorded218
- 7(a) gross approval dollars$129.6 m
- Average 7(a) approval$594,517
- Median 7(a) approval$258,000
- 10th percentile approval$30,000
- 90th percentile approval$1,690,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)2,272
- Jobs per approval10.4
- Distinct 7(a) lenders active51
- Distinct industries receiving approvals115
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer17.9 percent
- Loans on real estate terms39
- Loans on working capital terms, 120 months or shorter164
- Franchise loans47
- Franchise share of approvals21.6 percent
- Leading industry by approval countLimited-Service Restaurants (12)
- Most active lenderPinnacle Bank (18)
- 504 approvals recorded39
- 504 gross approval dollars$29.8 m
- Average 504 approval$765,256
- Median 504 approval$559,000
- Distinct CDCs active7
- 504 jobs per approval11.4
- 504 jobs per million dollars approved14.9
- Most active CDCBusiness Expansion Funding Corporation (29)
- 7(a) share of SBA approvals84.8 percent
- Combined SBA approval dollars$159.4 m
The average approval of $594,517 sits well above the median of $258,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 17.9 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Cabarrus County
Do SBA loans in Cabarrus County get paid back
- Loans with a final outcome recorded39
- Paid in full36
- Charged off3
- Charge off rate on resolved loans7.7 percent
- Status: Exempt from disclosure141
- Status: Paid in full36
- Status: Cancelled31
- Status: Charged off3
- Status: Committed, not yet disbursed7
Of the 39 loans that have reached a final outcome, 7.7 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Cabarrus County
Which parts of Cabarrus County get the lending
- Places in the county with recorded lending8
- Concord, approvals147
- KANNAPOLIS, approvals25
- HARRISBURG, approvals24
- MIDLAND, approvals12
- CHARLOTTE, approvals5
- Mount Pleasant, approvals3
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Concord | 147 | $92,383,200 |
| KANNAPOLIS | 25 | $10,884,700 |
| HARRISBURG | 24 | $14,730,300 |
| MIDLAND | 12 | $4,200,500 |
| CHARLOTTE | 5 | $6,050,000 |
| Mount Pleasant | 3 | $1,091,000 |
| HUNTERSVILLE | 1 | $15,000 |
| DAVIDSON | 1 | $250,000 |
Concord accounts for 147 approvals against 25 in KANNAPOLIS. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Cabarrus County
How big is Cabarrus County
- Land area362 sq mi
- Rank by land area among North Carolina counties72nd of 100
- Width, east to west27.6 mi
- Height, north to south22.3 mi
- Geographies sharing a boundary5
- Residents per square mile of land652
- Establishments per square mile14.58
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Cabarrus County
What hazards affect Cabarrus County
- EPA radon zone predicted average indoor radon screening level less than 2 pCi/LZone 3
- Communities in the NFIP Community Status Book7
- Of those, participating in the NFIP7
- NFIP participation rate100.0 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 7
- Communities carrying a CRS class2
The EPA places the county in radon zone 3, a predicted average indoor radon screening level less than 2 pCi/L. The best Community Rating System class in the county is 7, which carries a flood insurance premium discount for properties in the participating community.
US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001. FEMA OpenFEMA, NFIP Community Status Book, Community Status Book, as retrieved.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Cabarrus County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Cabarrus County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population236,133
- Households84,246
- Average household size2.80
- Median household income$89,005
- Median age37.7
Common questions
Cabarrus County questions, answered from the record.
How many people live in Cabarrus County, North Carolina?
236,133, in 84,246 households, ranking 9th of 100 North Carolina counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Cabarrus County growing?
The population has grown 8.47 percent since the 2020 census base. In 2024 there were 2,743 births against 2,011 deaths, with net migration of 3,600. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Cabarrus County?
$89,005. The median owner-occupied home is valued at $354,800, which is 4.0 times income, and median gross rent is $1,414 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Cabarrus County?
5,279 establishments, employing 77,218 people with an annual payroll of $3.72 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Cabarrus County?
Average annual pay is $56,529, or $1,087 a week, across 87,725 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Cabarrus County?
218 7(a) approvals totalling $129.6 m since FY2020, across 51 lenders, with a median approval of $258,000, plus 39 504 approvals worth $29.8 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Cabarrus County get paid back?
Of the 39 loans that have reached a final outcome, 36 were paid in full and 3 charged off, a charge off rate of 7.7 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Cabarrus County?
2,485 housing units were authorised by permit in 2024, with a declared construction value of $411.4 m. Multifamily was 28.9 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Cabarrus County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Cabarrus County come from?
The largest single origin is Cabarrus County Non-migrants, with 79,076 households. Arriving households report an average income of $65,542 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Cabarrus County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Cabarrus County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.