Moving to Albemarle
What you need to know before relocating to Albemarle, North Carolina. Data-driven insights on housing, jobs, safety, and quality of life.
Is Albemarle a Good Place to Live?
Based on data across cost of living, job market, safety, and education, Albemarle compares favorably on multiple dimensions. Highlights include rent ($856/mo) is below the national average; home prices ($235,800) are well below the us median; low unemployment rate (3.1%) signals a strong job market.
Albemarle at a Glance
Cost of Living in Albemarle
The median rent in Albemarle is $856/month, while the median home value is $235,800. With a median household income of $65,456, residents spend roughly 16% of monthly income on rent.
Overall, the Albemarle metro area is classified as very affordable compared to other US metros.
Job Market
Albemarle has a median household income of $65,456, which is 12% below the national median. The local unemployment rate is 3.1%, compared to the national average of 3.7%.
Safety in Albemarle
The violent crime rate in Albemarle is 391 per 100,000 residents, which is 3% above the national average of 380.
Property crime rate: 2065 per 100,000 residents.
Education in North Carolina
North Carolina has a high school graduation rate of 91% and per-pupil spending of $12,352/year. The student-to-teacher ratio is 16:1.
35% of North Carolina adults hold a bachelor's degree or higher.
Healthcare Access
North Carolina has 272 physicians per 100,000 residents, a 8.5% uninsured rate, and 2.5 hospital beds per 1,000 people. Life expectancy in North Carolina is 76.9 years.
Pros and Cons of Living in Albemarle
+Pros
- ✓Rent ($856/mo) is below the national average
- ✓Home prices ($235,800) are well below the US median
- ✓Low unemployment rate (3.1%) signals a strong job market
- ✓High school graduation rate of 91%
-Cons
- ✗Longer-than-average commute (26170 min)
Frequently Asked Questions
Is Albemarle a good place to live?⌄
Albemarle, North Carolina has several attributes that make it an attractive place to live, including rent ($856/mo) is below the national average and home prices ($235,800) are well below the us median. It scores well on multiple quality-of-life metrics relative to the national average.
What is the cost of living in Albemarle?⌄
The median rent in Albemarle is $856/month and the median home value is $235,800. The median household income is $65,456. Overall the metro is considered very affordable.
Is Albemarle safe?⌄
Albemarle has a violent crime rate of 391 incidents per 100,000 residents. The national average is approximately 380 per 100,000.
What is the job market like in Albemarle?⌄
Albemarle has an unemployment rate of 3.1%, compared to the national average of 3.7%. The median household income is $65,456.