HomeNorth CarolinaRandolph County
Randolph County, North Carolina: commercial real estate data.
Randolph County, North Carolina had an estimated 148,389 residents on July 1, 2024, up 2.9 percent since the 2020 census base of 144,148, across 783 square miles. 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 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Randolph County
How many people live in Randolph County
- Population, American Community Survey 2020-2024146,348
- 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-equivalents, Puerto Rico included464th of 3,222
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 moderately unaffordable 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's population growing?
- Population, July 1, 2024148,389
- Census 2020 base population144,148
- Population change since the 2020 census base2.94 percent
- Population change, 2023 to 2024748
- 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 of 3,144
The county has grown 2.94 percent since the 2020 census base. Deaths exceeded births in 2024 and the population still grew, so all of the growth came from people moving in. A market held up by migration 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 are people moving to Randolph County from?
- Tax returns filed by households arriving3,407
- People arriving, from those returns6,460
- Tax returns filed by households leaving2,780
- Net household movement627
- Adjusted gross income arriving$174.5 m
- Net adjusted gross income movement$37.0 m
- Average income of an arriving household$51,232
- Average income of a leaving household$49,471
- Largest single originGuilford County (933 households)
- Largest single destinationGuilford County (719 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Guilford County | 933 | 1,775 | $48.4 m |
| Davidson County | 447 | 916 | $21.6 m |
| Forsyth County | 142 | 257 | $7.3 m |
| Chatham County | 124 | 287 | $5.5 m |
| Alamance County | 113 | 232 | $5.0 m |
| Wake County | 99 | 165 | $7.3 m |
| Mecklenburg County | 73 | 124 | $5.3 m |
| Montgomery County | 69 | 145 | $2.9 m |
Households arriving report $1,761 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Guilford County, 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 is the Randolph County economy?
- 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 the North Carolina areas BEA publishes27th of 100
- Rank by GDP among the US county areas BEA publishes652nd of 3,127
- 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
Employment by industry in Randolph County
- Covered employment, annual average44,093
- Establishments reporting3,042
- Average annual pay$51,663
- Average weekly wage$994
- Manufacturing, employment11,811
- Manufacturing, average annual pay$59,545
- Retail trade, employment4,619
- Retail trade, average annual pay$33,693
- Health care and social assistance, employment4,361
- Health care and social assistance, average annual pay$48,162
- Accommodation and food services, employment3,944
- Accommodation and food services, average annual pay$20,504
- Construction, employment3,390
- Administrative and support and waste management services, employment2,616
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 11,811 | 266 | $59,545 |
| Retail trade | 4,619 | 394 | $33,693 |
| Health care and social assistance | 4,361 | 299 | $48,162 |
| Accommodation and food services | 3,944 | 222 | $20,504 |
| Construction | 3,390 | 396 | $76,993 |
| Administrative and support and waste management services | 2,616 | 212 | $41,079 |
| Wholesale trade | 2,329 | 202 | $73,532 |
| Other services, except public administration | 940 | 231 | $43,951 |
Manufacturing is the largest private sector at 11,811 jobs, 26.8 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Randolph County
How many businesses are 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. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Randolph County
Building permits in Randolph County
- Housing units authorized by permit, 2024789
- Declared construction value permitted$216.5 m
- Single family units authorized553
- Multifamily units authorized236
- Multifamily share of units29.9 percent
- Average declared value per unit$274,353
- Units authorized per 1,000 households13.7
Single-family homes are 70.1 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Randolph County
SBA loans in Randolph County (7(a) and 504)
- 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$76,400
- 90th percentile approval$1,777,640
- 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)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$49.3 m
The average approval of $664,885 sits well above the median of $350,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here 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
SBA loan default and charge-off rates in Randolph County
Do SBA loans in Randolph County get paid back?
- Loans with a final outcome recorded16
- Paid in full14
- Charged off2
- Status: Exempt from disclosure37
- Status: Paid in full14
- Status: Charged off2
- Status: Cancelled9
Only 16 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Randolph County
SBA lending by place in Randolph County
- Borrower cities with recorded lending13
- Asheboro, approvals29
- Archdale, approvals8
- Randleman, approvals6
- Ramseur, approvals4
- High Point, approvals3
- Sophia, approvals3
| Borrower city | 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 |
| Trinity | 2 | $500,000 |
| Franklinville | 2 | $466,000 |
| 5 other borrower cities | 5 | $1,791,000 |
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 large 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
Flood risk in Randolph County
- Participation of the county's own NFIP community Randolph County, unincorporated areasParticipating, community 370195
- Communities in the county in the NFIP Community Status Book9
- Of those, participating in the NFIP8
- NFIP participation rate88.9 percent
- Communities carrying a CRS class0
- Radon levels in Randolph County, EPA zone predicted average indoor radon screening level less than 2 pCi/LZone 3
The county's own community in the status book, unincorporated Randolph County (community 370195), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Randolph County in radon zone 3, a predicted average indoor radon screening level less than 2 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 88.9 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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.
- Population, American Community Survey 2020-2024146,348
- 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?
The Census Bureau estimates 148,389 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 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's population growing?
The population has grown 2.94 percent since the 2020 census base of 144,148, to 148,389 on July 1, 2024. 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 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 employment by industry in Randolph County?
Manufacturing is the largest private sector at 11,811 jobs, 26.8 percent of covered employment. Covered employment averages 44,093 jobs at an average annual pay of $51,663, or $994 a week. 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 totaling $41.2 m since FY2020, across 33 lenders, with a median approval of $350,000, plus 15 504 approvals worth $8.1 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Randolph County?
789 housing units were authorized 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 Guilford County, with 933 households. Arriving households report an average income of $51,232 against $49,471 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?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Randolph County
Cities and places in Randolph.
9 Census places lie wholly or partly in Randolph County. All 9 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Asheboro | city | 27,580 | 29 | Wholly in this county |
| Archdale | city | 12,087 | 8 | 88.4 percent here, 11.6 percent Guilford County |
| Trinity | city | 7,111 | 2 | Wholly in this county |
| Randleman | city | 4,644 | 6 | Wholly in this county |
| Liberty | town | 2,682 | 1 | Wholly in this county |
| Ramseur | town | 2,150 | 4 | Wholly in this county |
| Franklinville | town | 1,131 | 2 | Wholly in this county |
| Staley | town | 456 | 1 | Wholly in this county |
| Seagrove | town | 407 | 1 | Wholly in this county |
A further 8 of the county's 62 SBA 7(a) approvals are to borrowers in cities that match no Census place in Randolph County, the largest being High Point (3), Sophia (3), Thomasville (1). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.