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EconPulse

Local economy signal dashboard

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PLACEThriving

Randleman, NC

Thriving overall. GDP / Output is the clearest support signal, while jobs needs the most attention. Housing reads as affordable for a median-income household.

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Overall score84out of 100
Compare
100
72
100
75
89

Population

4,644

Data freshness

Unknown

GDP / Output

+10.2% YoY

100

$6.0B

Output changed +10.2% in 2024.

Vintage date unknown

State growth6.2%
U.S. growth5.3%

Jobs

Unemployment rate

72

3.6%

Unemployment is 3.6% for June 2026.

Vintage date unknown

State avg3.6%
U.S. avg5.2%

Population

+12.6% 5-year

100

4,644

Population moved +12.6% over the latest ACS window.

Vintage date unknown

State population10,730,404
U.S. population334,922,499

Housing

Rent share of income

75

18.0%

Median rent consumes 18.0% of median household income: Affordable.

Vintage date unknown

State rent$1.2K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$6.7K per resident

89

$965.9M

$965.9M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$129.5B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$965.9M

$6.7K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$821.1M
2. Department of Veterans Affairs$81.4M
3. Department of Transportation$20.8M

Top recipients

Dollars
1. TRANSPORTATION NORTH CAROLINA DEPARTMENT$20.8M
2. RANDOLPH ELECTRIC MEMBERSHIP CORP$12.7M
3. RANDOLPH COMMUNITY COLLEGE$6.8M

Affordable

Housing Affordability

18.0%

of median income

1BR estimate$657
2BR estimate$865
Median income$53,456
Median home value$184,700

ACS context

Quick Facts

Population

4,644

Median age

37.4

Bachelor's degree+

14.0%

Poverty rate

32.6%

Labor force participation

54.5%

Prime rate

6.8%

CPI YoY

+3.2%

U.S. GDP YoY

+6.5%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

June 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-30

HUD Fair Market Rent

Latest available

Data notes
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

+2.4%

GDP CAGR

+6.7%

Federal flow

5 years

Population (5 years)
20204,124
20214,550
20224,573
20234,611
20244,644
GDP (5 years)
2020$4.3B
2021$4.7B
2022$5.2B
2023$5.4B
2024$6.0B

2-year linear forecast

Predictive Outlook

Population forecast

20244,644
20254,831 *
20264,941 *

R² = 66.5% · * projected

GDP forecast

2024$6.0B
2025$6.3B *
2026$6.7B *

R² = 99.1% · * projected

Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.

housing affordability breakdown

Cost of Living

Median household income$53,456/yr
Median rent$801/mo
Rent share of income18.0%
Est. mortgage (30yr, 6.5%)$11,207/yr
Mortgage share of income21.0%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate3.6%
State avg3.6%
U.S. avg5.2%
Labor force participation54.5%
Poverty rate32.6%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$184,700
Median monthly rent$801
Price-to-rent ratio19.2x

Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.

composite score

Investment Climate

Investment climateStrong
Composite score89/100
Economic growth100/100
Labor market72/100
Population momentum100/100
Overall stability84/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Randleman city, North Carolina

City/Town

Part of

Greensboro-High Point, NC

Nearby locations

Asheboro, NCFranklinville, NCPleasant Garden, NCRamseur, NCArchdale, NC