HomeNorth CarolinaDavie CountyAdvance CDP
Advance CDP, North Carolina: commercial real estate data.
Advance CDP is a Census CDP of 1,408 people across 7.16 square miles of land, in Davie County. Median household income is $115,391, 80.1 percent of occupied homes are owned, and the SBA record carries 3 7(a) approvals to borrowers here worth $1.1 m.
76 sourced place values · tier FULL · 8 sections
Advance
What Advance is
- Census place typeCDP
- Land area7.16 sq mi
- Water area0.06 sq mi
- Population per square mile of land197 plus or minus 72
- County holding the largest share of its areaDavie County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Advance
How many people live in Advance
- Population1,408 plus or minus 516
- Median age41.1 plus or minus 9.9
- Population under 18406 plus or minus 170
- Share under 1828.8 percent plus or minus 5.8
- Population 65 and over218 plus or minus 106
- Share 65 and over15.5 percent plus or minus 4.9
- Households487 plus or minus 142
- Family households388 plus or minus 141
- Share of households that are families79.7 percent plus or minus 17.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Advance
Income and work in Advance
- Median household income$115,391 plus or minus $25,836
- Per capita income$42,846 plus or minus $9,004
- Civilian labor force651 plus or minus 282
- Employed651 plus or minus 282
- Unemployed0
- Unemployment rate0.0 percent
- Adults 25 and over883 plus or minus 293
- Adults 25 and over with a high school diploma or higher100.0 percent plus or minus 43.2
- Adults 25 and over with a bachelor degree or higher47.2 percent plus or minus 12.6
- Adults 25 and over with a graduate degree21.7 percent plus or minus 12.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Advance
Housing in Advance
- Housing units598 plus or minus 158
- Occupied units487 plus or minus 142
- Vacant units111 plus or minus 100
- Vacancy rate18.6 percent plus or minus 16.0
- Owner occupied390 plus or minus 128
- Renter occupied97 plus or minus 58
- Ownership rate80.1 percent
- Median owner-occupied home value$434,400
- Median gross rent, monthly$819 plus or minus $233
- Annual rent as a share of median income8.5 percent plus or minus 3.1
- Single family units561 plus or minus 160
- Share single family93.8 percent
- Units in buildings of two or more10 plus or minus 21
- Share in buildings of two or more1.7 percent plus or minus 3.5
- Mobile homes27 plus or minus 25
- Median year structure built2001
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Advance
How Advance gets to work
- Workers 16 and over who commute591 plus or minus 274
- Commuting under 15 minutes78 plus or minus 66
- Share commuting under 15 minutes13.2 percent plus or minus 9.3
- Commuting 30 minutes or more250 plus or minus 126
- Share commuting 30 minutes or more42.3 percent
- Drove alone81.6 percent plus or minus 18.0
- Carpooled9.2 percent plus or minus 8.0
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home9.2 percent plus or minus 8.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Advance
SBA 7(a) lending to Advance borrowers
- Approvals3
- Gross approval$1,146,800
- Average approval$382,267
- Median approval$150,000
- Ninetieth percentile approval$984,800
- Largest approval$984,800
- Jobs supported6
- Jobs per approval2.0
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises33.3 percent
- Distinct lenders3
- Distinct industries by NAICS3
A charge-off rate is not published here. only 2 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Advance
SBA 504 lending to Advance borrowers
- Approvals1
- Gross approval$752,000
- Average approval$752,000
- Median approval$752,000
- Largest approval$752,000
- Jobs supported9
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Davie County, not Advance
Davie County context, not Advance figures
These are Davie County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Advance measurements.
- Establishments in Davie County877
- Employment at those establishments, Davie County11,701
- Covered employment, Davie County13,854
- Average annual pay, Davie County$51,139
- Average weekly wage, Davie County$983
- Housing units permitted, Davie County250
- Of those, single family, Davie County185
- County product, 2024, Davie County$1,974,531,000
- County product change over the prior year, Davie County3.9 percent
- Average income of an arriving household, Davie County$85,168
Every figure in this section is published for Davie County as a whole and is not a measurement of Advance. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
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.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Advance questions, answered from the record.
How many people live in Advance, North Carolina?
1,408, in 487 households. Advance CDP covers 7.16 square miles of land, which is 197 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Advance in?
Davie County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Advance?
$115,391. The median owner-occupied home is valued at $434,400. Median gross rent is $819 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Advance businesses?
3 7(a) approvals totalling $1.1 m, across 3 lenders, median approval $150,000, plus 1 504 approvals worth $752,000. These count approvals to borrowers whose address is in Advance, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Advance borrowers get paid back?
No rate is published for Advance. only 2 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Advance figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Davie County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Advance.
Is zoning published for Advance?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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