Albemarle Metro Area, North Carolina
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Metro Area Overview
As of 2009, Albemarle Metro Area's population is 59,195 people. Since 2000, it has had a population growth of 2.17 percent.
The median home cost in Albemarle Metro Area is $108,200. Home appreciation the last year has been 1.40 percent.
Compared to the rest of the country, Albemarle Metro Area's cost of living is 16.62% Lower than the U.S. average.
Albemarle Metro Area public schools spend $4,906 per student. The average school expenditure in the U.S. is $6,058. There are about 17 students per teacher in Albemarle Metro Area.
The unemployment rate in Albemarle Metro Area is 12.20 percent(U.S. avg. is 8.50%). Recent job growth is Negative. Albemarle Metro Area jobs have Decreased by 7.90 percent.
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Economy
| Unemployment Rate | 12.20% | 8.50% |
| Recent Job Growth | -7.90% | -3.10% |
| Future Job Growth | 12.10% | 26.40% |
| Sales Taxes | 7.00% | 6.00% |
| Income Taxes | 7.00% | 5.02% |
| Income per Cap. | $20,308 | $24,020 |
| Household Income | $41,183 | $44,684 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 15.58% | 13.64% |
| Income between 15K and 25K | 14.36% | 11.21% |
| Income between 25K and 35K | 12.75% | 11.46% |
| Income between 35K and 50K | 17.84% | 15.84% |
| Income between 50K and 75K | 21.21% | 19.28% |
| Income between 75K and 100K | 9.51% | 11.53% |
| Income between 100K and 150K | 6.11% | 10.70% |
| Income between 150K and 250K | 1.80% | 4.43% |
| Income between 250K and 500K | 0.69% | 1.31% |
| Income greater than 500K | 0.15% | 0.61% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 8.83% | 13.61% |
| Professional and Related Occupations | 14.58% | 20.24% |
| Service | 14.66% | 14.75% |
| Sales and Office | 20.78% | 26.74% |
| Farming, Fishing, and Forestry | 0.64% | 0.74% |
| Construction, Extraction, and Maintenance | 14.91% | 9.48% |
| Production, Transportation, and Material Moving | 25.60% | 14.44% |
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Housing
| Median Home Age | 34 | 27 |
| Median Home Cost | $108,200 | $202,300 |
| Home Appreciation | 1.40% | -4.60% |
| Homes Owned | 68.63% | 64.07% |
| Housing Vacant | 9.55% | 14.48% |
| Homes Rented | 21.11% | 21.45% |
| Property Tax Rate | $7.52 | $13.28 |
| OWNER-OCCUPIED HOUSING UNITS BY VALUE | | |
| Less Than $20,000 | 4.68% | 3.01% |
| $20,000 to $39,999 | 6.13% | 4.37% |
| $40,000 to $59,999 | 8.99% | 5.74% |
| $60,000 to $79,999 | 13.64% | 7.07% |
| $80,000 to $99,999 | 15.64% | 8.41% |
| $100,000 to $149,999 | 26.36% | 19.74% |
| $150,000 to $199,999 | 11.39% | 14.06% |
| $200,000 to $299,999 | 8.81% | 16.59% |
| $300,000 to $399,999 | 2.39% | 8.21% |
| $400,000 to $499,999 | 1.03% | 4.53% |
| $500,000 to $749,999 | 0.56% | 4.75% |
| $1,000,000 or more | 0.16% | 1.86% |
| HOUSING UNITS BY YEAR STRUCTURE BUILT | | |
| 1999 to October 2005 | 7.91% | 10.15% |
| 1995 to 1998 | 6.91% | 6.69% |
| 1990 to 1994 | 7.75% | 6.70% |
| 1980 to 1989 | 12.50% | 14.75% |
| 1970 to 1979 | 15.99% | 17.11% |
| 1960 to 1969 | 14.46% | 12.78% |
| 1950 to 1959 | 14.50% | 11.64% |
| 1940 to 1949 | 8.49% | 6.64% |
| 1939 or Earlier | 11.50% | 13.55% |
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Cost of Living
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Religion
| Percent Religious | 62.65% | 50.03% |
| Catholic | 1.30% | 21.92% |
| Protestant | 58.83% | 19.12% |
| LDS | 0.73% | 1.57% |
| Baptist | 37.18% | 8.16% |
| Episcopalian | 0.28% | 8.12% |
| Pentecostal | 2.81% | 1.89% |
| Lutheran | 2.17% | 2.81% |
| Methodist | 13.36% | 3.84% |
| Presbyterian | 3.05% | 1.33% |
| Other Christian | 1.78% | 4.66% |
| Jewish | 0.00% | 2.16% |
| Eastern | 0.01% | 0.05% |
| Islam | 0.00% | 0.54% |
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