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CITY

Advance

North Carolina · 1,408 residents · 7.161 sq mi
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The short version

Advance is significantly wealthier than the US average, with a median household income of $115,391. Population has declined 9% since 2023. 47% of adults hold a bachelor's degree or higher. Median home value is $434,400. Poverty is rare here, at 5.0% of residents. It ranks in the top 5% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 41.1
US median: 38.9
More educated
47% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
1,408
−9%since 2023
from 1,544 in 2023
2010 – 2024
Population density
197 / sq mi
−9%since 2023
from 216 / sq mi in 2023
US average: 281
Median age
41.1
+5%since 2023
from 39.2 in 2023
US average: 38.9
Population, 2010 – 2024
6389021K1K2K201020202024Advance
20241K
201020202024
Section 02

Income & economy

Median household income
$115,391
+2%inflation adjusted, since 2023
from $109,402 in 2023
US average: $82,259
2010 – 2024
Per capita income
$42,846
+26%since 2023
from $33,917 in 2023
US average: $44,673
Households earning $100K+
66.3%
+5.1 ptssince 2023
from 61.2% in 2023
US average: 53.3%
Poverty rate
5.0%
−0.6 ptssince 2023
from 5.6% in 2023
US average: 12.5%
Income inequality (Gini)
0.336
+10%since 2023
from 0.306 in 2023
US average: 0.476
Workforce by industry, 2024
Finance & insurance12%
US avg: 5.9%
Information10.6%
US avg: 10.8%
Other services9.2%
US avg: 6.7%
Professional, scientific, technical6.5%
US avg: 5.1%
Retail trade5.7%
US avg: 9.9%
Education & health services5.5%
US avg: 0.9%
Wholesale trade5.2%
US avg: 6.9%
Public administration1.8%
US avg: 4.8%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$434,400
+18%inflation adjusted, since 2023
from $358,500 in 2023
US average: $376,019
2010 – 2024
Median gross rent
$819
−8%inflation adjusted, since 2023
from $865 in 2023
US average: $1,442
Owner-occupied
80.1%
−1.7 ptssince 2023
from 81.8% in 2023
19.9% rent
Vacancy rate
18.6%
−1.6 ptssince 2023
from 20.2% in 2023
US average: 10.0%
Owner cost-burdened
8.2%
−1.9 ptssince 2023
from 10.1% in 2023
US average: 22.9%
Renter cost-burdened
27.8%
+3.4 ptssince 2023
from 24.4% in 2023
US average: 47.4%
Afford Score
3.8
+15%since 2023
from 3.3 in 2023
2010 – 2024
Gentrification Score
41
RELATED:See current rent listings in Advance on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic80.7%(1,246)
Black9.3%(143)
Hispanic / Latino1.6%(25)
Asian2.3%(35)
Other6.2%(95)
Diversity Score42%(648)
2024
White, non-Hispanic79.5%(1,120)
Black9.7%(137)
Hispanic / Latino1.9%(27)
Asian2.1%(30)
Other6.7%(94)
Diversity Score44.1%(620)
Diversity Score
44
+5%since 2023
from 42 in 2023
2010 – 2024
Section 05

Education

Bachelor's degree or higher
47.2%
+15.4 ptssince 2023
from 31.8% in 2023
US average: 35.6%
High school or higher
100.0%
Unchangedsince 2023
from 100.0% in 2023
US average: 89.6%
Graduate degree
21.7%
+16.5 ptssince 2023
from 5.3% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
31.3 min
−9%since 2023
from 34.3 min in 2023
US average: 26.5
Drive alone to work
81.6%
+0.4 ptssince 2023
from 81.1% in 2023
US average: 68.9%
Carpooled to work
9.2%
−1.9 ptssince 2023
from 11.1% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
9.2%
+1.4 ptssince 2023
from 7.8% in 2023
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
2.1%
−8.7 ptssince 2023
from 10.7% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 5.2%
Labor force participation
63.5%
+1.6 ptssince 2023
from 61.9% in 2023
US average: 63.5%
Self-employed
10.4%
−7.1 ptssince 2023
from 17.6% in 2023
US average: 13.1%
Management & professional
55.6%
+13.7 ptssince 2023
from 41.9% in 2023
US average: 42.5%
Section 08

People & community

Male
47.4%
−3.1 ptssince 2023
from 50.5% in 2023
Female
52.6%
+3.1 ptssince 2023
from 49.5% in 2023
Foreign born
4.8%
−0.9 ptssince 2023
from 5.7% in 2023
US average: 14.1%
Veterans
8.4%
−3.2 ptssince 2023
from 11.5% in 2023
US average: 6.2%
With a disability
6.7%
+1.5 ptssince 2023
from 5.2% in 2023
US average: 13.3%
Uninsured
2.0%
−0.1 ptssince 2023
from 2.1% in 2023
US average: 8.4%
Broadband at home
94.3%
−2.3 ptssince 2023
from 96.6% in 2023
US average: 91.0%
English only at home
93.9%
−0.8 ptssince 2023
from 94.7% in 2023
US average: 77.7%
Spanish at home
2.1%
+0.3 ptssince 2023
from 1.8% in 2023
US average: 13.6%
Drill deeper

Places similar to Advance

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Pop 1,355
North Redington Beach
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Bethany Beach
Pop 1,104
Indian Shores
Pop 1,167
Places similar to Advance
Head to head

Compare Advance to nearby cities

ADVANCE VS
Clemmons
Income$87,655−24%
Home value$335,800−23%
Population22,808+1520%
SEE FULL COMPARISON →
ADVANCE VS
Lewisville
Income$100,917−13%
Home value$325,400−25%
Population14,421+924%
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ADVANCE VS
Lexington
Income$43,128−63%
Home value$179,900−59%
Population20,238+1337%
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ADVANCE VS
Winston-Salem
Income$59,268−49%
Home value$233,800−46%
Population257,271+18172%
SEE FULL COMPARISON →
Frequently asked

How many people live in Advance, North Carolina?

Advance, North Carolina has about 1,408 residents according to the 2024 American Community Survey.

What is the median household income in Advance, North Carolina?

The typical household in Advance, North Carolina earns about $115,391 a year. Half of households make more than that, and half make less.

Is Advance, North Carolina expensive?

In Advance, North Carolina, the median home is worth about $434,400, and the typical rent is about $819 a month.

How educated are people in Advance, North Carolina?

About 47.2% of adults age 25 and over in Advance, North Carolina hold a bachelor's degree or higher.

What is the poverty rate in Advance, North Carolina?

About 5.0% of people in Advance, North Carolina live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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