Income & Economy in Red Oak, NC

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

Income Overview

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

Median Household Income

$81,464

+11% vs national

Per Capita Income

$52,655

+42% vs national

Poverty Rate

2.8%

-79% vs national

Gini Index

0.4649

0 = perfect equality

Unemployment

0.0%

-100% vs national

SNAP Recipients

10.1%

of households

How Red Oak Compares

Source: Census ACS (2023)

Red Oak vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Red Oak 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 Red Oak. The median household income here is $81,464.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
7.3%
$25-50K
15.5%
$50-75K
24.7%
$75-100K
17.1%
$100-150K
20.0%
$150-200K
3.3%
$200K+
12.0%

Employment Snapshot

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

Unemployment Rate

0.0%

-100% vs NC avg

Labor Force

1,435

Employed

1,435

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+

24.0%

of adults 25+

High School Diploma+

48.4%

of adults 25+

Median Age

51.2

Work from Home

5.5%

of workers

The median household income in Red Oak, NC is $81,464, which is 11.3% above the national average of $73,224. Per capita income is $52,655. The poverty rate of 2.8% is lower than the NC state average of 16.0%. The Gini index of income inequality is 0.4649, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 0.0%, compared to the state average of 5.8%. 24.0% of adults hold a bachelor's degree or higher.