Red Springs, NC β€” City Data, Demographics & Statistics

Robeson County Β· North Carolina

🧬

City DNA

A unique fingerprint for Red Springs based on 8 key metrics β€” compared to averages.

PopulationIncomeHome ValueSafetyEducationMedian AgeClimateCost of Living
Red Springs
National Avg
North Carolina Avg
Population: 51Income: 13Home Value: 9Safety: 100Education: 15Median Age: 55Climate: 50Cost of Living: 27

Quick Stats

Population

3,107

2023 ACS

Median Income

$19,752

2023

Median Home Value

$85,400

2023

Median Rent

$635

2023

Median Age

32.9

Unemployment

8.3%

Cost of Living Index

53.6

100 = national avg

Red Springs is a city in Robeson County, North Carolina, with a population of 3,107 according to the 2023 American Community Survey. Red Springs is one of the communities in North Carolina.

The median household income in Red Springs is $19,752, and the median home value is $85,400. The cost of living index is 53.6 (where 100 = national average), and the median rent is $635 per month. The unemployment rate is 8.3%, and the median age is 32.9 years.

People & Demographics

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

Population

Total Population

3,107

Male

1,312

42.2%

Female

1,795

57.8%

Median Age

32.9

Education & Household

Bachelor's or Higher

10.5%

High School or Higher

30.6%

Foreign Born

1.5%

Veterans

4.4%

Married

27.6%

Avg Household Size

2.6

Marital Status by Age

Race & Ethnicity

Diversity Index

0.669

Simpson's Index (0-1)

Largest Group

Black

44.6%

Foreign Born

1.5%

White
28.0%
Black
44.6%
Native American
21.9%
Two or More
2.8%
Other
2.7%

Hispanic/Latino Ethnicity

Hispanic/Latino is an ethnicity, not a race. People of any race can identify as Hispanic. This percentage overlaps with the racial categories above.

Hispanic/Latino

6.1%

189 people

Not Hispanic/Latino

93.9%

Hispanic/Latino Detail

Source: U.S. Census Bureau ACS (2023)
Mexican
163 (86.2%)
Puerto Rican
7 (3.7%)
Other Hispanic
19 (10.1%)

American Indian & Alaska Native Detail

Source: U.S. Census Bureau ACS (2023)
Other Native American
681 (100.0%)

Languages Spoken

Total Speakers (5+)

2,863

English Only

94.1%

#1 Non-English Language

Spanish

112 speakers

Limited English

1.1%

Language Distribution

Spanish
112 (3.9%)
Other Indo-European
53 (1.9%)
German
5 (0.2%)

English Proficiency

Speaks English Very Well

98.9%

Limited English Proficiency

1.1%

Spanish
23.2% limited English
Other Indo-European
9.4% limited English

Veterans & Military

Total Veterans

136

4.4% of population

Disability Rate

47.1%

64 with disability

Veteran Median Income

$39,609

Period of Service

Gulf War (2001+)
5.9%
Gulf War (1990-2001)
18.4%
Vietnam
20.6%

Veteran Age Distribution

35-54
29.4%
55-64
42.6%
65-74
9.6%
75+
18.4%

Male Veterans

136

100.0%

0

Veteran vs Non-Veteran Income

Veteran Income

$39,609

Non-Veteran Income

$15,742

Difference

$23,867

151.6% higher

Disability Status

With Disability

64

Without Disability

72

Disability Rate

47.1%

Ancestry & Heritage

Total Reporting Ancestry

540

#1 Ancestry

Scottish

5.4% (168)

#2 Ancestry

English

4.9% (151)

#3 Ancestry

American

4.5% (141)

Top 8 Ancestries

Source: U.S. Census Bureau ACS (2023)
Scottish
5.4%
English
4.9%
American
4.5%
Italian
1.0%
Welsh
0.7%
Irish
0.3%
German
0.3%
Scotch-Irish
0.3%

Families & Households

Total Households

1,198

Family Households

743

62.0%

Married Couples

361

30.1%

Non-Family Households

455

38.0%

Single Mother Households

347

29.0%

Single Father Households

35

2.9%

Living Alone

426

35.6%

Children Under 18

Total Children

714

In Married Couple

335

46.9%

With Single Mother

358

50.1%

With Single Father

21

2.9%

Family Income

Median Family Income

$32,336

Married Couple Income

$70,966

Single Mother Income

$19,353

Avg Family Size

2.6

Avg Non-Family Size

2.8

Grandparents w/ Grandchildren

61

Grandparents Responsible

24

Economy

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

Income Overview

Median Household Income

$19,752

-73% vs national

Per Capita Income

$16,925

-54% vs national

Poverty Rate

39.1%

+187% vs national

Gini Index

0.5215

0 = perfect equality

Unemployment

8.3%

+60% vs national

SNAP Recipients

46.9%

of households

How Red Springs Compares

Red Springs vs Similar Cities

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

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

πŸ“Š

Where Do You Stack Up?

Enter your household income to see how you compare to other households in Red Springs. The median household income here is $19,752.

$

Income Distribution

<$25K
55.2%
$25-50K
10.8%
$50-75K
13.3%
$75-100K
13.2%
$100-150K
5.3%
$150-200K
1.4%
$200K+
0.8%

Employment Snapshot

Unemployment Rate

8.3%

+43% vs NC avg

Labor Force

1,021

Employed

916

How People Get to Work

Employment by Sector

Education & Workforce

Bachelor's Degree+

10.5%

of adults 25+

High School Diploma+

30.6%

of adults 25+

Median Age

32.9

Work from Home

2.5%

of workers

Cost of Living

Overall Index

53.6

100 = national avg

-46.4 vs national average

Living Wage (1 Adult)

$23,584

per year

Living Wage (Family of 4)

$55,745

per year

Cost Index by Category

Housing
58.6
Food
65.1
Transportation
30.2
Healthcare
72.1
Utilities
70.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$748

per month

2 Bedroom

$925

per month

The median household income in Red Springs, NC is $19,752, which is 73.0% below the national average of $73,224. Per capita income is $16,925. The poverty rate of 39.1% is higher than the NC state average of 16.0%. The Gini index of income inequality is 0.5215, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 8.3%, compared to the state average of 5.8%. The labor force is 1,021. 10.5% of adults hold a bachelor's degree or higher. About 87.6% of workers drive alone to work. The overall cost of living index is 53.6, which is 46.4% below the national average. Housing costs are below the national average at an index of 58.6. A single adult needs to earn approximately $23,584 per year to cover basic expenses.

Housing & Real Estate

Market SnapshotRedfin β€” December 2025

Median Sale Price

$565,000

Median List Price

$257,499

Price Per Sq Ft

$125

Days on Market

42

Active Inventory

17

Months of Supply

17.0

Buyer's market

Zillow Home Value

$90,703

ZHVI β€” January 2026

Market CompetitivenessRedfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

86.9%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
11.8%

Price TrendsRedfin

Sale Price ↑ 174.3%List Price ↑ 222.3%Mar 24 β†’ Dec 25

Market ActivityRedfin

Homes Sold

1

New Listings

2

Pending Sales

1

Homes Sold ↓ 66.7%New Listings ↓ 33.3%Pending ↓ 50.0%Mar 24 β†’ Dec 25

Price Per Square FootRedfin

Median Sale $/SF

$125

Median List $/SF

$120

Sale $/SF ↑ 45.3%List $/SF ↑ 93.5%Mar 24 β†’ Dec 25

House Price IndexFHFA

How much have housing prices increased in Red Springs, NC? According to the Federal Housing Finance Agency (FHFA) House Price Index for the Fayetteville, NC metro area, home prices have risen 105.5% over the past 20 years. The 10-year growth rate is 92.0%. Over the last 5 years, prices increased 62.6%. In the most recent 2-year period, the index rose 9.2%. The FHFA HPI tracks average price changes in repeat sales or refinancings of single-family properties with conforming mortgages. Because this is a metro-level index, it reflects the broader Fayetteville, NC housing market rather than Red Springs alone.

20yr ↑ 105.5%10yr ↑ 92%5yr ↑ 62.6%2yr ↑ 9.2%Q1 1987 β†’ Q4 2025

Metro area: Fayetteville, NC

Red Springs vs Similar CitiesCensus ACS / Redfin

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

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing DataU.S. Census Bureau ACS 2023

Median Home Value

$85,400

Median Rent

$635

Total Housing Units

1,442

Vacancy Rate

16.9%

Owner Occupied

54.6%

Renter Occupied

45.4%

Median Property Tax

$846

per year

Monthly Cost (w/ Mortgage)

$644

Housing Types

Single Family
77.4%
Multi-Family
22.6%
Mobile Home
0.0%

Property TaxU.S. Census Bureau ACS 2023

Median Property Tax

$846

per year

Effective Tax Rate

0.99%

of home value

Median Home Value

$85,400

Estimated Mean Tax

$943

The effective property tax rate is calculated by dividing the median annual property tax ($846) by the median home value ($85,400). In Red Springs, NC, this works out to an effective rate of 0.99%. This is below the national average of approximately 1.1%.

The current median sale price in Red Springs, NC is $565,000 according to Redfin data. Homes spend a median of 42 days on the market. 0.0% of homes sold above asking price. The market has 17.0 months of supply. The median price per square foot is $125. The median rent is $635 per month (Census ACS). About 54.6% of housing units are owner-occupied. The median year homes were built is 1968. There are 1,442 total housing units. Homeowners pay a median annual property tax of $846. The effective tax rate is 0.99%, below the national average.

Crime Overview

Source: FBI Crime Data Explorer (2024)

Violent Crime Rate

8.86

per 1,000 residents

+241% vs national

Property Crime Rate

43.66

per 1,000 residents

+154% vs national

Total Crimes

166

2024

Violent Clearance

25%

cases solved

Property Clearance

14%

cases solved

YoY Change

+32.2%

violent crime rate

worsening vs 2023

How Red Springs Compares

Source: FBI (2024)

Red Springs vs Similar Cities

Source: FBI (2024)

Compared to cities with Under 10,000 residents. Red Springs is highlighted in green.

Violent Crime Rate (per 1,000)

Property Crime Rate (per 1,000)

Murder Rate (per 1,000)

Crime Rate Trends

Source: FBI
Violent ↑ 61.1%Property ↓ 50.9%2015 β†’ 2024

Crime Composition

Source: FBI (2024)

Violent Crime Breakdown

Property Crime Breakdown

Crime Clearance (Solve) Rates

Source: FBI (2024)

Red Springs police solve 33% of aggravated assault cases but only 0% of robbery cases.

Weapon Used in Violent Crime

Source: FBI (2024)

Crime Breakdown

Source: FBI Crime Data Explorer (2024)
Crime TypeCategoryCountRate per 1KClearance %
MurderViolent30.9533.3%
RapeViolent61.900.0%
RobberyViolent10.320.0%
Aggravated AssaultViolent185.6933.3%
BurglaryProperty278.5429.6%
Larceny/TheftProperty9429.7410.6%
Motor Vehicle TheftProperty175.385.9%

Red Springs, NC reported 28 violent crimes and 138 property crimes in 2024. The violent crime rate of 8.86 per 1,000 residents is 240.7% above the national average of 2.60 per 1,000. Law enforcement cleared 25% of violent crimes. Larceny/theft accounts for 94 of the property crime reports. Firearms were involved in 61.1% of aggravated assaults. Violent crime has been trending upward.

Crime History

Source: FBI
YearViolentPropertyViolent RateProperty Rate
2024281388.8643.66
2023211916.7060.93
2022261988.3863.83
20213415710.5748.79
20203327410.0583.49
20195219715.5658.96
2015193075.5088.83

Natural Hazard Risk

Source: FEMA National Risk Index

Risk Score

91.1

Relatively Moderate

Expected Annual Loss

85.6

Score (0-100)

Social Vulnerability

98.3

Score (0-100)

Community Resilience

14.1

Score (0-100)

Scores range from 0 (lowest risk) to 100 (highest risk) relative to all U.S. communities. Data from FEMA National Risk Index.

Disaster History & Federal Spending

Source: FEMA

Total Declarations

23

Public Assistance

$44.1M

Individual Assistance

$6.0M

Most Common Type

Hurricane

15 declarations

Public Assistance by Category

Total: $46.6M
DisasterTypeDatePA $IA $
Severe Winter Storm β†’Winter StormJan 2026β€”β€”
Tropical Storm Debby β†’Tropical StormAug 2024$84Kβ€”
Hurricane Ian β†’HurricaneOct 2022$77Kβ€”
Tropical Storm Eta β†’Severe StormMar 2021β€”β€”
Hurricane Isaias β†’HurricaneAug 2020β€”β€”
Covid-19 Pandemic β†’BiologicalMar 2020$621K$134K
Covid-19 β†’BiologicalMar 2020β€”β€”
Hurricane Dorian β†’HurricaneOct 2019$136Kβ€”
Hurricane Dorian β†’HurricaneSep 2019β€”β€”
Hurricane Florence β†’HurricaneSep 2018$12.1M$1.5M
Hurricane Florence β†’HurricaneSep 2018β€”β€”
Hurricane Matthew β†’HurricaneOct 2016$28.9M$2.9M
Hurricane Matthew β†’HurricaneOct 2016β€”β€”
Severe Storms, Tornadoes, and Flooding β†’Severe StormApr 2011$379K$177K
Hurricane Katrina Evacuation β†’HurricaneSep 2005β€”β€”
Tropical Storm Frances β†’HurricaneSep 2004β€”$971K
Hurricane Isabel β†’HurricaneSep 2003β€”$271K
Hurricane Floyd Major Disaster Declarati… β†’HurricaneSep 1999$1.8Mβ€”
Hurricane Floyd Emergency Declarations β†’HurricaneSep 1999β€”β€”
Hurricane Bonnie β†’HurricaneAug 1998β€”β€”

Showing 20 of 24 disasters

PA = FEMA Public Assistance (infrastructure recovery). IA = Individual Assistance (homeowner/renter aid).

Flood Insurance (NFIP)

Source: FEMA NFIP

Total Claims

1,430

Total Claims Paid

$54,611,454

Avg Claim Payout

$38,190

County-level NFIP data from FEMA National Flood Insurance Program.

Hazard Mitigation

Source: FEMA Hazard Mitigation Assistance

Mitigation Projects

1

Federal Funding

$22,500

Avg Benefit-Cost Ratio

0.00

BCR

Top Mitigation Project Types

Project TypeProjectsFederal $
91.1: Local Multihazard Mitigation Plan1$22,500

Federally funded projects to reduce future disaster risk. Only includes completed or obligated projects.

Red Springs has a relatively moderate overall natural hazard risk rating according to FEMA's National Risk Index. The top hazard risks are strong wind, tornado, hurricane. The area has had 23 federal disaster declarations. The most common disaster type is hurricane (15 declarations). 1,430 flood insurance claims have been filed in the area. FEMA has obligated $44,085,963 in public assistance recovery funding. $5,991,213 has been distributed in individual assistance to disaster-affected residents. 1 hazard mitigation projects have been funded to reduce future risk.

Health

Community Health

Source: CDC PLACES

Obesity Rate

52.4%

16.3pp above the national average

Depression Rate

22.2%

1.3pp below the national average

Diabetes Rate

23.4%

11.5pp above the national average

Uninsured Rate

18.2%

7.6pp above the national average

Health Scorecard

Higher scores indicate better health outcomes relative to the national average (50 = average)

Health Outcomes

Age-adjusted prevalence rates. Green bars indicate rates below the national average; red indicates above.

High Cholesterol

42.1%

Arthritis

38.5%

Cancer (excl. skin)

7.6%

Teeth Lost (65+)

38.8%

Health Risk Behaviors

Prevention & Screening

Green bars indicate rates above the national average (more preventive care); red indicates below.

Mental Health & Wellbeing

Frequent Mental Distress

19.6%

14+ days in past month

Depression

22.2%

Loneliness

32.5%

Lack of Support

25.3%

Disability Prevalence

Any Disability

46.8%

Mobility

29.0%

Cognitive

22.2%

Hearing

11.2%

Vision

14.2%

Self-Care

10.8%

Independent Living

17.1%

Health-Related Social Needs

Prevalence of social risk factors affecting community health

Red Springs has an obesity rate of 52.4%, which is 16.3pp above the national average. The depression rate is 22.2%, 1.3pp below the national average. About 18.2% of adults lack health insurance. 84.1% of residents had an annual checkup in the past year.

Nearby Hospitals

Source: CMS Hospital Compare

Nearest Hospitals

5

With Emergency Services

4

Avg CMS Rating

3.0 / 5

Nearest Hospital

15.7 mi

Scotland Memorial Hospital

Loading map…
HospitalDistanceTypeRatingER
Scotland Memorial Hospital15.7 miAcute Care Hospitals3/5Yes
Southeastern Regional Medical Center16.8 miAcute Care Hospitals2/5Yes
Cape Fear Valley Hoke Hospital17.0 miAcute Care Hospitals4/5Yes
Fayetteville Nc Va Medical Center25.0 miAcute Care - Veterans Administration3/5β€”
Mcleod Medical Center - Dillon28.9 miAcute Care Hospitals3/5Yes

Climate & Environment

Water Systems

Source: EPA SDWIS

Water Systems

1

Pop. Served

4,423

Violations (5yr)

2

System NamePop. ServedViolations (5yr)
RED SPRINGS, TOWN OF4,4232

There are 1 water system serving the area. 2 water quality violations have been reported in the past 5 years.

Infrastructure

Commute Overview2023 ACS

Drive Alone

87.6%

+11% vs national

Work From Home

2.5%

-73% vs national

Carpool

5.2%

Walk

4.4%

How Red Springs's Commute ComparesCensus ACS 2023

How People Get to WorkCensus ACS 2023

Commute Mode BreakdownCensus ACS 2023

Traffic Fatalities

Source: NHTSA FARS (2020)

Fatalities

1

2020

2-Year Avg

1

fatalities/yr

YearCrashesFatalitiesAlcoholPedestrianCyclist
202011000
201911010

Data from NHTSA Fatality Analysis Reporting System (FARS). Includes only crashes involving at least one fatality.

Commute data for Red Springs, NC covers travel times and transportation modes. 87.6% of workers drive alone, compared to the national average of 78.7%. 2.5% work from home, which is below the NC state average of 9.4%. 5.2% of workers carpool. 4.4% walk to work. In 2020, there were 1 traffic fatality from 1 fatal crash.

Internet & Broadband Access

Source: Census ACS

Broadband Access

72.3%

of households

Cable / Fiber / DSL

53.6%

of households

No Internet

23.4%

of households

Total Households

1,198

Internet Subscription Types

Cable, Fiber, or DSL
53.6%
Cellular Data Plan
65.6%
Satellite
6.1%
Cellular Only (no wired)
16.2%
No Internet Access
23.4%

Device Ownership

Source: Census ACS

Has Computer

83.3%

of households

Smartphone

76.9%

of households

Desktop / Laptop

60.3%

of households

Tablet

48.9%

of households

Any Computing Device
83.3%
Smartphone
76.9%
Desktop / Laptop
60.3%
Tablet
48.9%
Smartphone Only
15.3%
No Computer
16.7%

Percentage of households with each device type. Data from the U.S. Census Bureau ACS (2023 5-year estimates, tables B28001 & B28002).

Electricity Rates

Source: U.S. Energy Information Administration (2024)

Residential Rate

14.1Β’

per kWh

-26% vs Under 10,000 avg

Commercial Rate

10.6Β’

per kWh

-32% vs Under 10,000 avg

Industrial Rate

7.8Β’

per kWh

-35% vs Under 10,000 avg

Avg Monthly Bill

$144

residential

-2% vs Under 10,000 avg

17% below the national average of 17.1Β’/kWh

Residential electricity in North Carolina averages 14.1Β’ per kWh, compared to the national average of 17.1Β’. The average monthly electric bill is $144. State-level averages from EIA Electric Sales & Revenue data (2024).

Red Springs vs Similar Cities

Source: EIA (2024)

Comparing electricity rates with randomly selected cities of similar population (Under 10,000). Each city represents its state's average rate.

Residential Rate (Β’/kWh)

Commercial Rate (Β’/kWh)

Industrial Rate (Β’/kWh)

Average Monthly Bill

Water Systems

Source: EPA SDWIS

Water Systems

1

Population Served

4,423

Violations (5yr)

2

System NameTypeSourcePop. ServedViolations
RED SPRINGS, TOWN OFCommunityGround water4,4232

72.3% of households in Red Springs have broadband internet access. 53.6% have cable, fiber, or DSL service. 16.2% rely solely on cellular data without a wired connection. 23.4% of households have no internet access. 15.3% use only a smartphone without a desktop or laptop. The area is served by 1 water system, providing water to 4,423 people. A total of 2 water quality violations have been recorded over the past 5 years.

Politics & Government

County-level data: Election results are reported at the county level. Red Springs is located in Robeson County, NC. Results reflect all voters in the county, not just those in Red Springs.

Election Overview

Source: Robeson County (2024)

2024 Winner

Republican

Dem Votes

16,728

35.8%

GOP Votes

29,647

63.5%

Total Votes

46,677

Margin

R+27.7%

Shift from 2020

R+9.1pp

vs prior election

πŸ“ŠElection Results by Year
2016–2024
πŸ“ˆPartisan Lean Trend
R+27.7%

Election History

Source: County-Level Election Results
YearDem VotesGOP VotesTotalDem %GOP %Margin
202416,72829,64746,67735.8%63.5%R+27.7
202019,02027,80647,18840.3%58.9%R+18.6
201618,37720,29439,45446.6%51.4%R+4.9

In the 2024 presidential election, Robeson County recorded 46,677 total votes. Republicans won the county with 63.5% of the vote compared to 35.8% for Democrats, a margin of R+27.7%. Compared to 2020, the margin shifted R+9.1pp from the previous election. Since 2016, Robeson County has shifted 22.8 percentage points toward Republicans.

Nonprofits Overview

Source: IRS Exempt Organizations BMF

Total Nonprofits

50

Total Assets

$3.4M

Total Income

$1.3M

Per 10K Residents

160.9

nonprofits

-14.9% vs peers avg

Orgs with >$1M Assets

1

Median Assets

$171K

Oldest Active

1946

ruling year

Newest Org

2025

ruling year

Nonprofits by Category

Source: IRS / NTEE Classification
Religion
11
Arts & Culture
5
Youth Development
5
Human Services
5
Education
4
Philanthropy
3
Animal-Related
1
Mental Health
1
Food & Agriculture
1
Housing & Shelter
1
Public Safety
1
Community Improvement
1
Public Benefit
1

Nonprofit Size Distribution

Source: IRS Exempt Organizations BMF

Number of nonprofits by total asset size

When Were Nonprofits Founded?

Source: IRS Ruling Date

Number of currently active nonprofits by founding decade

Nonprofits per 10K Residents vs Similar Cities

Source: IRS BMF + Census ACS

Compared to cities with population Under 10,000

Largest Nonprofits in Red Springs

Source: IRS Exempt Organizations BMF
OrganizationCategoryAssetsIncomeEst.IRS
BURNT SWAMP-PHILADELPHUS RURAL FIRE DEPARTMENTPublic Safety$1.8M$412K2023
PHILADELPHUS PRESBYTERIAN FOUNDATION INCORPORATEDβ€”$821K$95K1993
FLORA MCDONALD EDUCATIONAL FOUNDATIONArts & Culture$377K$199K2024
HIGHLANDER ACADEMY INCEducation$197K$590K2016
FLORA MACDONALD LEGACY FOUNDATIONArts & Culture$171K$5K2017
NORTH CAROLINE ASSOCIATION OF ELEMENTARY EDUCATORSEducation$8K$3K2006
PROJECT LEGACY FOUNDATION INCYouth Development$2K$2K2021
LOISELLES LITTLE ANGELSAnimal-Related$1K$1K2019
OPEN HEARTS - CHANGING LIVESHuman Services$816$2K2024

Red Springs, NC has 50 registered 501(c)(3) nonprofit organizations with combined assets of $3.4M. The most common category is Religion-Related, with 11 organizations. 1 nonprofits have assets exceeding $1 million. That works out to 160.9 nonprofits per 10,000 residents. The oldest active nonprofit dates back to 1946.

SBA Lending Overview

Source: SBA FOIA Loan-Level Data

Total SBA Loans

11

Total Approved

$6.4M

Jobs Supported

144

Per 10K Residents

35.4

SBA loans

-63.8% vs peers avg

Unique Lenders

9

Top Lender

Comerica Bank

3 loans

Top Industry

Professional & Technical Services

Data Span

2006–2025

Loan Program Breakdown

Source: SBA FOIA
7(a)91% of all loans

Loans

10

Total Amount

$5.9M

Avg Loan

$589,400

Median Loan

$287,000

SBA Guaranteed

$4.8M(82%)

Jobs Supported

140

5049% of all loans

Loans

1

Total Amount

$536K

Avg Loan

$536,000

Median Loan

$536,000

7(a) β€” 91%504 β€” 9%

Recent Activity (Last 5 Years)

Source: SBA FOIA

Recent Loans

5

45% of all-time total

Recent Amount

$4.3M

66% of all-time total

Avg Recent Loan

$853,000

Top Industries Funded

Source: SBA FOIA / NAICS Codes
Professional & Technical Services5 loans
NAICS 54
$2.2M
Other Services2 loans
NAICS 81
$886K
Retail Trade2 loans
NAICS 44
$3.3M
Retail Trade1 loans
NAICS 45
$10K
Construction1 loans
NAICS 23
$50K

SBA Loans per 10K Residents vs Similar Cities

Source: SBA FOIA + Census ACS

Compared to cities with population Under 10,000

Top SBA Borrowers

Source: SBA FOIA
BusinessLoansAmount
Carlson Chevrolet1$2.8M
Ke Farmer Enterprises Inc.1$1.1M
Jackson Hewitt Tax Service2$940K
Jhj Funeral, Llc1$536K
Magnus Enterprises Inc.1$500K
Carlson Performance & Dyno1$350K
H P Mclean Services Incorporated1$75K
Hasty Land Surveying Pllc1$50K
K & C Contractors Inc.1$50K
North South Screen Printing an1$10K

Red Springs, NC has received 11 SBA loans totaling $6.4M in approved funding between 2006 and 2025. The 7(a) program accounts for 10 loans (91% of the total), supporting 140 jobs. The 504 program, focused on real estate and large equipment, has funded 1 loans totaling $536K. The most common industry receiving SBA funding is Professional & Technical Services. The most active SBA lender in Red Springs is Comerica Bank with 3 loans. That works out to 35.4 SBA loans per 10,000 residents.

ZIP Code Overview

Source: Census ACS

ZIP Codes

5

Total Population

31,341

Avg Median Income

-$133,304,488

Avg Home Value

-$133,261,513

ZIP Code Details

Source: Census ACS
ZIP CodePopulationMedian IncomeHome ValueMedian RentArea (sq mi)
283572,599$47,188$104,000$86235.0
2837212,286$31,860$100,900$72844.3
2837711,188$34,892$88,900$665100.8
2837822N/AN/AN/A1.1
283865,246$30,286$65,300$68443.2

Red Springs, NC has 5 ZIP codes with a combined population of 31,341. The average median household income across all ZIP codes is -$133,304,488. The average median home value is -$133,261,513. The average median monthly rent is -$133,332,745.

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County Data

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