HomeNorth CarolinaRandolph CountyAsheboro city
Asheboro city, North Carolina: commercial real estate data.
Asheboro city is a Census city of 27,580 people across 19.53 square miles of land, in Randolph County. Median household income is $47,197, 45.5 percent of occupied homes are owned, and the SBA record carries 29 7(a) approvals to borrowers here worth $18.1 m.
81 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Asheboro
What Asheboro is
- Census place typecity
- Land area19.53 sq mi
- Water area0.09 sq mi
- Population per square mile of land1,412
- County holding the largest share of its areaRandolph 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.
Asheboro
How many people live in Asheboro
- Population27,580
- Median age37.3
- Population under 186,930
- Share under 1825.1 percent
- Population 65 and over5,049
- Share 65 and over18.3 percent
- Households11,884
- Family households6,493
- Share of households that are families54.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Asheboro
Income and work in Asheboro
- Median household income$47,197
- Per capita income$29,259
- Civilian labor force12,943
- Employed12,430
- Unemployed513 plus or minus 214
- Unemployment rate4.0 percent plus or minus 1.6
- Adults 25 and over18,664
- Adults 25 and over with a high school diploma or higher84.7 percent
- Adults 25 and over with a bachelor degree or higher19.1 percent
- Adults 25 and over with a graduate degree6.1 percent plus or minus 1.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Asheboro
Housing in Asheboro
- Housing units12,596
- Occupied units11,884
- Vacant units712 plus or minus 258
- Vacancy rate5.7 percent plus or minus 2.0
- Owner occupied5,405
- Renter occupied6,479
- Ownership rate45.5 percent
- Median owner-occupied home value$188,100
- Median gross rent, monthly$906
- Annual rent as a share of median income23.0 percent
- Single family units7,075
- Share single family56.2 percent
- Units in buildings of two or more4,711
- Share in buildings of two or more37.4 percent
- Mobile homes810 plus or minus 207
- Median year structure built1981
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Asheboro
How Asheboro gets to work
- Workers 16 and over who commute11,486
- Commuting under 15 minutes5,440
- Share commuting under 15 minutes47.4 percent
- Commuting 30 minutes or more3,141
- Share commuting 30 minutes or more27.3 percent
- Drove alone82.4 percent
- Carpooled10.7 percent plus or minus 3.1
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home5.7 percent plus or minus 2.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Asheboro
SBA loans in Asheboro (7(a))
- Approvals29
- Gross approval$18,085,800
- Average approval$623,648
- Median approval$349,000
- Ninetieth percentile approval$2,260,000
- Largest approval$3,855,200
- Jobs supported261
- Jobs per approval9.0
- Loans with a final outcome11
- Paid in full10
- Charged off1
- Charge-off rate over resolved loans9.1 percent
- Median term120 months
- Share on real estate terms of 20 years or more20.7 percent
- Share to franchises24.1 percent
- Distinct lenders20
- Distinct industries by NAICS19
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Asheboro
SBA loans in Asheboro (504)
- Approvals5
- Gross approval$3,292,000
- Average approval$658,400
- Median approval$580,000
- Largest approval$1,041,000
- Jobs supported29
- 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.
Asheboro
Flood risk in Asheboro
- Listed NFIP communities1
- Of those, participating1
- NFIP community number370196
- Currently effective map date03/16/09
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.
Randolph County, not Asheboro
Randolph County context, not Asheboro figures
These are Randolph County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Asheboro measurements.
- Establishments in Randolph County2,651
- Employment at those establishments, Randolph County38,094
- Covered employment, Randolph County44,093
- Average annual pay, Randolph County$51,663
- Average weekly wage, Randolph County$994
- Housing units permitted, Randolph County789
- Of those, single family, Randolph County553
- County product, 2024, Randolph County$5,991,337,000
- County product change over the prior year, Randolph County10.2 percent
- Average income of an arriving household, Randolph County$51,232
Every figure in this section is published for Randolph County as a whole and is not a measurement of Asheboro. 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
Asheboro questions, answered from the record.
How many people live in Asheboro, North Carolina?
27,580, in 11,884 households. Asheboro city covers 19.53 square miles of land, which is 1,412 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Asheboro in?
Randolph 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 Asheboro?
$47,197. The median owner-occupied home is valued at $188,100. Median gross rent is $906 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Asheboro businesses?
29 7(a) approvals totalling $18.1 m, across 20 lenders, median approval $349,000, plus 5 504 approvals worth $3.3 m. These count approvals to borrowers whose address is in Asheboro, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Asheboro borrowers get paid back?
Of the 11 loans that have reached a final outcome, 10 were paid in full and 1 charged off, a charge off rate of 9.1 percent. Loans still running are excluded because they have not yet succeeded or failed.
Is Asheboro in the National Flood Insurance Program?
Yes. Asheboro appears in the FEMA Community Status Book as community 370196, 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 Asheboro figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Randolph 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 Asheboro.
Is zoning published for Asheboro?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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