HomeNorth CarolinaMontgomery CountyMount Gilead town
Mount Gilead town, North Carolina: commercial real estate data.
Mount Gilead town is a Census town of 1,197 people across 3.49 square miles of land, in Montgomery County. Median household income is $58,885, 61.2 percent of occupied homes are owned, and the SBA record carries 5 7(a) approvals to borrowers here worth $5.5 m.
80 sourced place values · tier FULL · 9 sections
Mount Gilead
What Mount Gilead is
- Census place typetown
- Land area3.49 sq mi
- Water area0 sq mi
- Population per square mile of land343 plus or minus 75
- County holding the largest share of its areaMontgomery 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.
Mount Gilead
How many people live in Mount Gilead
- Population1,197 plus or minus 261
- Median age43.5
- Population under 18128 plus or minus 58
- Share under 1810.7 percent plus or minus 4.3
- Population 65 and over225 plus or minus 64
- Share 65 and over18.8 percent
- Households521 plus or minus 119
- Family households398 plus or minus 116
- Share of households that are families76.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Mount Gilead
Income and work in Mount Gilead
- Median household income$58,885 plus or minus $17,736
- Per capita income$29,338
- Civilian labor force644 plus or minus 163
- Employed597 plus or minus 152
- Unemployed47 plus or minus 45
- Unemployment rate7.3 percent plus or minus 6.7
- Adults 25 and over1,044 plus or minus 239
- Adults 25 and over with a high school diploma or higher86.0 percent
- Adults 25 and over with a bachelor degree or higher28.3 percent plus or minus 14.7
- Adults 25 and over with a graduate degree17.9 percent plus or minus 14.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Mount Gilead
Housing in Mount Gilead
- Housing units693
- Occupied units521 plus or minus 119
- Vacant units172 plus or minus 73
- Vacancy rate24.8 percent plus or minus 9.5
- Owner occupied319 plus or minus 116
- Renter occupied202 plus or minus 93
- Ownership rate61.2 percent plus or minus 17.3
- Median owner-occupied home value$157,300
- Median gross rent, monthly$1,061 plus or minus $246
- Annual rent as a share of median income21.6 percent plus or minus 8.2
- Single family units524 plus or minus 122
- Share single family75.6 percent
- Units in buildings of two or more110 plus or minus 75
- Share in buildings of two or more15.9 percent plus or minus 10.5
- Mobile homes59 plus or minus 40
- Median year structure built1970
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Mount Gilead
How Mount Gilead gets to work
- Workers 16 and over who commute556 plus or minus 158
- Commuting under 15 minutes246 plus or minus 120
- Share commuting under 15 minutes44.2 percent plus or minus 17.7
- Commuting 30 minutes or more149 plus or minus 79
- Share commuting 30 minutes or more26.8 percent plus or minus 12.0
- Drove alone80.9 percent
- Carpooled3.2 percent plus or minus 3.1
- Public transport0.0 percent
- Walked0.7 percent plus or minus 0.8
- Worked from home6.9 percent plus or minus 6.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Mount Gilead
SBA 7(a) lending to Mount Gilead borrowers
- Approvals5
- Gross approval$5,531,000
- Average approval$1,106,200
- Median approval$1,500,000
- Ninetieth percentile approval$1,629,000
- Largest approval$1,629,000
- Jobs supported19
- Jobs per approval3.8
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term144 months
- Share on real estate terms of 20 years or more20.0 percent
- Share to franchises0.0 percent
- Distinct lenders4
- Distinct industries by NAICS3
A charge-off rate is not published here. only 0 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.
Mount Gilead
SBA 504 lending to Mount Gilead borrowers
- Approvals2
- Gross approval$501,000
- Average approval$250,500
- Median approval$436,000
- Largest approval$436,000
- Jobs supported5
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Mount Gilead
Flood programme status in Mount Gilead
- Listed NFIP communities1
- Of those, participating0
- NFIP community number370672
- Currently effective map date06/16/09
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Montgomery County, not Mount Gilead
Montgomery County context, not Mount Gilead figures
These are Montgomery County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Mount Gilead measurements.
- Establishments in Montgomery County503
- Employment at those establishments, Montgomery County7,600
- Covered employment, Montgomery County8,933
- Average annual pay, Montgomery County$48,929
- Average weekly wage, Montgomery County$941
- Housing units permitted, Montgomery County138
- Of those, single family, Montgomery County138
- County product, 2024, Montgomery County$1,469,595,000
- County product change over the prior year, Montgomery County3.7 percent
- Average income of an arriving household, Montgomery County$68,281
Every figure in this section is published for Montgomery County as a whole and is not a measurement of Mount Gilead. 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.
- 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
Mount Gilead questions, answered from the record.
How many people live in Mount Gilead, North Carolina?
1,197, in 521 households. Mount Gilead town covers 3.49 square miles of land, which is 343 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Mount Gilead in?
Montgomery 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 Mount Gilead?
$58,885. The median owner-occupied home is valued at $157,300. Median gross rent is $1,061 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Mount Gilead businesses?
5 7(a) approvals totalling $5.5 m, across 4 lenders, median approval $1,500,000, plus 2 504 approvals worth $501,000. These count approvals to borrowers whose address is in Mount Gilead, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Mount Gilead borrowers get paid back?
No rate is published for Mount Gilead. only 0 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.
Is Mount Gilead in the National Flood Insurance Program?
It is listed but not shown as participating. Mount Gilead appears in the FEMA Community Status Book as community 370672, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Mount Gilead figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Montgomery 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 Mount Gilead.
Is zoning published for Mount Gilead?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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