HomeNorth CarolinaRandolph County
Randolph County, North Carolina: commercial real estate data.
Randolph County, North Carolina has a population of 146,348 across 783 square miles, up 2.9 percent since the 2020 census base. County output reached $5.99 bn in 2024, 2,651 establishments operate here, and the SBA record carries 62 7(a) approvals worth $41.2 m.
127 sourced county values · tier FULL · 12 sections
Randolph County
How many people live in Randolph County
- Population146,348
- Households57,721
- Average household size2.54
- Median household income$61,022
- Median age41.4
- Median gross rent$887 per month
- Median owner-occupied home value$197,100
- Home value to household income3.2 times
- Annual rent as a share of median income17.4 percent
- Adults 25 and over with a bachelor degree or higher17.9 percent
- Adults 25 and over with a graduate degree5.0 percent
- Adults 25 and over101,918
- Population under 1832,538
- Share under 1822.2 percent
- Population 65 and over26,888
- Share 65 and over18.4 percent
- Working age population, 18 to 6486,922
- Civilian labor force71,351
- Unemployment rate3.5 percent
- Labor force participation, adults 18 and over62.7 percent
- Rank by population among North Carolina counties22nd of 100
- Rank by population among US county-equivalents464th
Randolph County is the 22nd largest of 100 North Carolina counties by population. A median home costs 3.2 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 22.2 percent against 18.4 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Randolph County
Is Randolph County growing
- Population change since the 2020 census base2.94 percent
- Census 2020 base population144,148
- Births, 20241,597
- Deaths, 20241,780
- Natural change, 2024-183
- Net domestic migration, 2024638
- Net international migration, 2024299
- Total net migration, 2024937
- Cumulative net domestic migration, 2021 to 20244,646
- Rank by growth among US county-equivalents888th
The county has grown 2.94 percent since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Randolph County
Where people moving to Randolph County come from
- Tax returns filed by households arriving3,407
- People arriving, from those returns6,460
- Adjusted gross income arriving$174.5 m
- Net adjusted gross income movement$0
- Average income of an arriving household$51,232
- Largest single originRandolph County Non-migrants (52,197 households)
- Largest single destination (52,197 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Randolph County Non-migrants | 52,197 | 108,312 | $3.43 bn |
| Guilford County | 933 | 1,775 | $48.4 m |
| Other flows - Different State | 873 | 1,601 | $46.4 m |
| Davidson County | 447 | 916 | $21.6 m |
| Other flows - South | 426 | 804 | $21.8 m |
| Other flows - Same State | 274 | 498 | $13.0 m |
| Other flows - Northeast | 188 | 338 | $9.9 m |
| Forsyth County | 142 | 257 | $7.3 m |
The largest single source of arrivals is Randolph 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.
Randolph County
What the Randolph County economy runs on
- County GDP, 2024$5.99 bn
- County GDP, 2023$5.44 bn
- GDP change, 2023 to 202410.2 percent
- GDP change over five years38.0 percent
- Rank by GDP among North Carolina counties27th
- Rank by GDP among US county-equivalents652nd
- GDP per resident$40,939
Output grew 10.2 percent in the latest year and 38.0 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.
Randolph County
Who employs people in Randolph County
- Covered employment, annual average44,093
- Establishments reporting3,042
- Average annual pay$51,663
- Average weekly wage$994
- Sector 31-33, employment11,811
- Sector 31-33, average annual pay$59,545
- Sector 44-45, employment4,619
- Sector 44-45, average annual pay$33,693
- Sector 62, employment4,361
- Sector 62, average annual pay$48,162
- Sector 72, employment3,944
- Sector 72, average annual pay$20,504
- Sector 23, employment3,390
- Sector 56, employment2,616
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 11,811 | 266 | $59,545 |
| Sector 44-45 | 4,619 | 394 | $33,693 |
| Sector 62 | 4,361 | 299 | $48,162 |
| Sector 72 | 3,944 | 222 | $20,504 |
| Sector 23 | 3,390 | 396 | $76,993 |
| Sector 56 | 2,616 | 212 | $41,079 |
| Sector 42 | 2,329 | 202 | $73,532 |
| Sector 81 | 940 | 231 | $43,951 |
The largest sector is the biggest private employer group at 11,811 jobs, 26.8 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.
Randolph County
What businesses operate in Randolph County
- Establishments, all industries2,651
- Employment at those establishments38,094
- Annual payroll$1.69 bn
- Establishments per 1,000 residents18.1
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.
Randolph County
What is being built in Randolph County
- Housing units authorised by permit, 2024789
- Declared construction value permitted$216.5 m
- Single family units authorised553
- Multifamily units authorised236
- Multifamily share of units29.9 percent
- Average declared value per unit$274,353
- Units authorised per 1,000 households13.7
Multifamily is 29.9 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Randolph County
How much SBA lending happens in Randolph County
- 7(a) approvals recorded62
- 7(a) gross approval dollars$41.2 m
- Average 7(a) approval$664,885
- Median 7(a) approval$350,000
- 10th percentile approval$76,000
- 90th percentile approval$1,812,300
- Largest single approval$4,000,000
- Jobs reported supported, 7(a)558
- Jobs per approval9.0
- Distinct 7(a) lenders active33
- Distinct industries receiving approvals41
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer24.2 percent
- Loans on real estate terms15
- Loans on working capital terms, 120 months or shorter42
- Franchise loans14
- Franchise share of approvals22.6 percent
- Leading industry by approval countAll Other Specialty Trade Contractors (6)
- Most active lenderWells Fargo Bank National Association (5)
- 504 approvals recorded15
- 504 gross approval dollars$8.1 m
- Average 504 approval$541,667
- Median 504 approval$336,000
- Distinct CDCs active3
- 504 jobs per approval7.9
- 504 jobs per million dollars approved14.5
- Most active CDCBusiness Expansion Funding Corporation (12)
- 7(a) share of SBA approvals80.5 percent
- Combined SBA approval dollars$49.3 m
The average approval of $664,885 sits well above the median of $350,000, 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 24.2 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.
Randolph County
Do SBA loans in Randolph County get paid back
- Loans with a final outcome recorded16
- Paid in full14
- Charged off2
- Charge off rate on resolved loans12.5 percent
- Status: Exempt from disclosure37
- Status: Paid in full14
- Status: Charged off2
- Status: Cancelled9
Of the 16 loans that have reached a final outcome, 12.5 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.
Randolph County
Which parts of Randolph County get the lending
- Places in the county with recorded lending13
- Asheboro, approvals29
- ARCHDALE, approvals8
- RANDLEMAN, approvals6
- RAMSEUR, approvals4
- HIGH POINT, approvals3
- SOPHIA, approvals3
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Asheboro | 29 | $18,085,800 |
| ARCHDALE | 8 | $13,038,300 |
| RANDLEMAN | 6 | $1,886,400 |
| RAMSEUR | 4 | $2,425,500 |
| HIGH POINT | 3 | $2,131,900 |
| SOPHIA | 3 | $898,000 |
| Franklinville | 2 | $466,000 |
| Trinity | 2 | $500,000 |
Asheboro accounts for 29 approvals against 8 in ARCHDALE. 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.
Randolph County
How big is Randolph County
- Land area783 sq mi
- Rank by land area among North Carolina counties11th of 100
- Width, east to west29.5 mi
- Height, north to south28.7 mi
- Geographies sharing a boundary6
- Residents per square mile of land187
- Establishments per square mile3.39
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.
Randolph County
What hazards affect Randolph County
- EPA radon zone predicted average indoor radon screening level less than 2 pCi/LZone 3
- Communities in the NFIP Community Status Book10
- Of those, participating in the NFIP9
- NFIP participation rate90.0 percent
- Communities carrying a CRS class0
The EPA places the county in radon zone 3, a predicted average indoor radon screening level less than 2 pCi/L.
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 Randolph 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 Randolph County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population146,348
- Households57,721
- Average household size2.54
- Median household income$61,022
- Median age41.4
Common questions
Randolph County questions, answered from the record.
How many people live in Randolph County, North Carolina?
146,348, in 57,721 households, ranking 22nd of 100 North Carolina counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Randolph County growing?
The population has grown 2.94 percent since the 2020 census base. In 2024 there were 1,597 births against 1,780 deaths, with net migration of 937. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Randolph County?
$61,022. The median owner-occupied home is valued at $197,100, which is 3.2 times income, and median gross rent is $887 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Randolph County?
2,651 establishments, employing 38,094 people with an annual payroll of $1.69 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 Randolph County?
Average annual pay is $51,663, or $994 a week, across 44,093 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Randolph County?
62 7(a) approvals totalling $41.2 m since FY2020, across 33 lenders, with a median approval of $350,000, plus 15 504 approvals worth $8.1 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Randolph County get paid back?
Of the 16 loans that have reached a final outcome, 14 were paid in full and 2 charged off, a charge off rate of 12.5 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Randolph County?
789 housing units were authorised by permit in 2024, with a declared construction value of $216.5 m. Multifamily was 29.9 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Randolph 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 Randolph County come from?
The largest single origin is Randolph County Non-migrants, with 52,197 households. Arriving households report an average income of $51,232 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 Randolph 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 Randolph 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.