Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 48.7 yrs |
|---|---|
| Avg HH Size | 2.44 |
| Below Poverty | 3.9% ▼ 61% below avg |
| College Grads | 47.9% ▲ 24% above avg |
| Unemployment | 4.2% ▼ 14% below avg |
| No HS Diploma | 130 (1.1%) |
| HS Graduate | 2,524 (21.9%) |
| Some College | 1,565 (13.6%) |
| Associates | 1,782 (15.5%) |
| Bachelors | 1,140 (9.9%) |
| Graduate Degree | 4,373 (38%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $94,477 ▲ 24% above avg |
|---|---|
| Median Home Value | $319,700 ▲ 15% above avg |
| Home/Income Ratio | 3.4x (nat avg ~3.5x) |
| Median Rent | $1,025/mo |
| Total Housing Units | 7,268 |
| Vacant Units | 650 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Advance is a city in North Carolina, located in Davie County. The city spans 1 ZIP code and is home to approximately 16,254 residents. It is a mature city, with a median age of 48.7 years.
Economically, Advance is a middle-income community. The median household income of $94,477 is above the national average. Approximately 3.9% of residents live below the poverty line. The unemployment rate is 4.2%, near the national average.
The real estate market in Advance is a mid-range housing market. Median home values stand at $319,700, which is near the national average. Renters typically pay around $1,025 per month. Homeownership is high at 88.8%, typical of suburban and family-oriented communities.
The population of Advance is well-educated. 47.9% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (88.45%).
Advance, NC offers residents above-average earning potential within North Carolina.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 27006 | 16,254 | $94,477 | $319,700 | $1,025 | 4.2% | 47.9% | 88.8% |