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Richmond County, NC

Migration of people and income, 20222023 filing years

At a glance (2023)

Cost of living
94
6% below the U.S. average
Median home value
$120,800
national $303,400
Home prices, 5 years
+73.8%
over the 5 years to 2023
Monthly rent
$744
national $1,348
Homeownership
65%
national 65%
Unemployment
3.8%
national 3.6%
Household income
$43,626
national $78,538
Median age
40.3 yrs
national 38.7

Cost of living is the statewide price level for North Carolina (state avg).

The cost of living runs about 6% below the national average. The median home is valued at $120,800 (nominal). Home prices have risen about 74% over the five years to 2023. Median rent is about $744 a month. Unemployment averaged 3.8% in 2023 (national 3.6%). Median household income is $43,626. These figures describe all residents, not just tax filers, come from separate sources than the migration data on this page, and do not indicate why anyone moved.

Between the 2022 and 2023 filing years, Richmond County, NC saw a net gain of 11 tax-filing households and a net gain of 63 individuals. Against a population of about 42,324, that is a net inflow of about 1.5 per 1,000 residents. On net, the area lost $1.5M in associated adjusted gross income (AGI, nominal dollars). The largest inflow, about 80 households, came from Moore County; the largest outflow, about 77 households, went to Moore County. In the prior (2022) filing year, the area saw a net gain of 3 individuals. These figures cover federal income tax filers only and do not indicate why people moved.

Net income (AGI)
-$1.5M
nominal dollars
Net households
+11
tax returns
Net people
+63
exemptions

+1.5 net people per 1,000 residents (population 42,324)

Income (AGI) in and out

Moved in$31.1M
Moved out$32.6M
Net -$1.5M (nominal)
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Richmond County within North Carolina

Richmond County is outlined, with arrows tracing its largest moves to and from other North Carolina counties. Hover any county for its figures; click to open it.

Net outNet in(AGI $)
Hover an area to trace its top 5 inbound (in) and outbound (out) moves.
Net income (AGI) that moved in minus out, in nominal dollars (not adjusted for inflation).Net tax returns (filing households) that moved in minus out.Net people per 1,000 residents, so larger and smaller areas compare fairly.
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Churn by county · both directions at once

The biggest two-way exchanges of filing households, 20222023. Moved in and moved out are gross one-way counts; net is the difference. Click a column to sort.

Moore County, NC8077+3-$666K
Scotland County, NC6858+10+$26K
Mecklenburg County, NC2843-15-$154K
Cumberland County, NC2735-8-$314K
Anson County, NC2830-2-$895K
Montgomery County, NC3324+9-$285K
Marlboro County, SC2527-2-$288K
Guilford County, NC2120+1+$344K
Wake County, NC26

Counts are filing households (IRS returns), matching the lists above; income is nominal AGI. A dash means the IRS published only one direction of that exchange (small flows are suppressed), so no net is computed.

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Net migration by year

Net 2012–2023: -$28.6M (-759 people)
20122023
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Net AGI and net people by year (nominal dollars)
YearNet AGINet people
2012-$3.4M-115
2013-$3.7M-195
2014-$1.9M-202
2015-$7.5M-332
2016-$4.3M-134
2017-$6M-90
2018-$2.2M+26
2019-$668K-19
2020+$7K+146
2021+$1.9M+90
2022+$541K+3
2023-$1.5M+63
Migration in context

How big is this move, relative to the county?

In the 20222023 filing year, about 63 more people moved into Richmond County, NC than left (counting tax filers and their dependents) — a net loss of about $1.5M in income (nominal) — in a county of 42,115 people.

Population
42,115
Census 2023 estimate
Net migration rate
+1.5
net people per 1,000 residents
A town of 10,000 would net about +15 people.
Net income per resident
−$35
nominal dollars
-$1.5M total across 42,115 residents.

The rate lets you compare Richmond County, NC with a countyof any size: it’s the net flow divided by population. The IRS counts tax filers; population counts all residents, so read the rate as a scale indicator, not a literal share of people.

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Components of population change · 2023 (Census)

Where the county’s overall change came from. Census counts all residents; the IRS migration above is one slice of the domestic-migration component.

Births
+540
Deaths
-646
Net domestic migration
-174
Net international migration
+28
Total change
-256

Source: U.S. Census Bureau, Population Estimates Program. Figures are people, not tax filers.

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Income & cost of living

What a dollar is worth here

Prices around Richmond County, NC run about 6% below the national average. In plain terms: $100 spent here buys about what $106 buys in the average American community. The figures below apply that to income, each compared to the U.S. average of $70,002 per person.

Income per person
$48,085
what people here earn (BEA 2023, nominal)
31% below the U.S. average
Price level
94.4
100 = U.S. average prices (BEA price parity)
everyday costs about 5.6% lower than average
What that income buys
$50,938
local income restated at U.S.-average prices
27% below the U.S. average
Cheaper than U.S. avgU.S. average (100)Pricier

This county isn't in a metro area that BEA prices separately, so cost of living shows the North Carolina (state avg) figure.

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Where the cost comes from · price parity by category

Index where 100 = U.S. average for that category. Housing is usually what separates one place from another.

Housing & rents80.8
Goods96.8
Utilities83.6
Other services98.7

Housing is measured from rents (including an estimated rental value for owner-occupied homes), so a run-up in purchase prices shows here only as it reaches rents. Source: U.S. Bureau of Economic Analysis. Covers all residents, a separate universe from the IRS filer income above. How the data works.

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Who lives here

The people of Richmond County, NC

American Community Survey, 2019–2023 (a 5-year average of all residents, not just tax filers).

Median age
40.3
years
Median household income
$43,626
per household (ACS 2019–2023, nominal)
44% below the U.S. median
College degree
16%
adults 25+ with a bachelor's or higher
Poverty rate
25.2%
residents below the poverty line
Average commute
25 min
mean travel time to work
Broadband at home
85%
households with any broadband
Race and ethnicity (share of residents)
White 55%Hispanic 8%Black 32%Asian 1%Other 5%

White, Black, and Asian counts are people who are not Hispanic or Latino; Hispanic or Latino can be of any race. Shares are rounded and may not total 100.

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Covers all residents, a separate universe from the IRS filer data. A 5-year estimate is an average over 2019–2023; compare years at least five apart, since consecutive windows overlap. How the data works.

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Housing · what it costs to live here (ACS 2019–2023)

Median home value
$120,800
owner-occupied homes
60% below the U.S. median
Median rent
$744
gross rent per month
45% below the U.S. median
Homeownership
65%
of occupied homes are owner-occupied
Home-price appreciation · FHFA index, 2023
Past year
+16.0%
price change, 2022 to 2023
Past 5 years
+74%
price change, 2018 to 2023

A repeat-sales index (how much the same homes changed in price), so it tracks the market over time rather than the current level. Source: Federal Housing Finance Agency, annual all-transactions HPI; the county series is FHFA’s developmental index.

New home construction · building permits, 2023
44new housing units authorized in 2023
Single-family 100%Multifamily 0%

Units authorized by residential building permits (new supply), summed from counties for the state and U.S. Permits are authorizations, not completions. Source: U.S. Census Bureau, Building Permits Survey.

Home value is what owners estimate their homes are worth, not recent sale prices. Source: U.S. Census Bureau, American Community Survey 5-year estimates (2019–2023), nominal dollars. How the data works.

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Local economy & risk

Jobs and natural hazards

Unemployment rate
3.8%
BLS 2023 annual average
Labor force
19,716
18,962 employed
Disaster declarations
major federal, 2023

Sources: U.S. Bureau of Labor Statistics (LAUS) and FEMA. A disaster declaration marks federal assistance eligibility, not damage severity, and says nothing about why anyone moved. How the data works.

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Unemployment now
3.6%
April 2026 · ▼ 0.1 points vs April 2025
January 2024April 2026

Source: U.S. Bureau of Labor Statistics (LAUS). Monthly unemployment for this county, not seasonally adjusted. Updated every month, so it moves faster than the annual average above. How the data works.

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How Richmond County, NC has voted. Certified returns, popular vote only. This is a separate dataset from the migration figures on this page.

YearDemocraticRepublicanOtherMarginTotal
20247,78711,931155R +20.919,873
20208,75411,830179R +14.820,763
20168,50110,383444R +9.719,328
20129,9049,332181D +2.919,417
20089,7139,424190D +1.519,327
20048,3837,70953D +4.216,145
20007,9356,26371D +11.714,269

Source: MIT Election Data and Science Lab county returns (CC0). Margins are the popular-vote gap as a share of all votes cast.

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