Income & Economy in McDonald, NC

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$53,125

-27% vs national

Per Capita Income

$27,571

-26% vs national

Poverty Rate

8.1%

-41% vs national

Gini Index

0.3726

0 = perfect equality

Unemployment

0.0%

-100% vs national

SNAP Recipients

20.5%

of households

How McDonald Compares

Source: Census ACS (2023)

McDonald vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. McDonald is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in McDonald. The median household income here is $53,125.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
12.8%
$25-50K
30.8%
$50-75K
23.1%
$75-100K
12.8%
$100-150K
15.4%
$200K+
5.1%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

0.0%

-100% vs NC avg

Labor Force

48

Employed

48

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

19.2%

of adults 25+

High School Diploma+

35.4%

of adults 25+

Median Age

51.8

Work from Home

0.0%

of workers

The median household income in McDonald, NC is $53,125, which is 27.4% below the national average of $73,224. Per capita income is $27,571. The poverty rate of 8.1% is lower than the NC state average of 16.0%. The Gini index of income inequality is 0.3726, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 0.0%, compared to the state average of 5.8%. 19.2% of adults hold a bachelor's degree or higher.