Location and Amenities
Asheboro is located in Randolph County, North Carolina. It's known for its proximity to the North Carolina Zoo, one of the largest natural habitat zoos in the world. There are numerous parks, such as Bicentennial Park and North Asheboro Park, which offer recreational activities. The city has several grocery stores, including Food Lion and Walmart. Asheboro hosts events throughout the year and has local attractions like the Asheboro Country Club.
Crime Rate, Schools, and Income
The crime rate in Asheboro is generally considered moderate compared to other U.S. cities. The Asheboro City Schools district serves the area, with schools like Asheboro High School, South Asheboro Middle School, and several elementary schools. School ratings may vary, but they offer a range of educational programs. The average household income in Asheboro is lower than the national average, reflecting its small-town economic structure. Nearby neighborhoods may have slight variations in income levels.
Job Growth and Proximity
Asheboro's economy historically relied on manufacturing and textiles, but there has been a shift towards services and retail. Job growth has been gradually improving, with new businesses and industries contributing to the local economy. Asheboro is about 70 miles from Raleigh and approximately 25 miles from Greensboro, providing access to larger city centers for additional employment and cultural opportunities.
Neighborhood Summary
Nestled in an urban setting, this neighborhood offers a distinctive lifestyle characterized by affordability and a vibrant community spirit. With a median home price of $85,700, it presents a remarkable opportunity for buyers seeking entry into the real estate market, especially when compared to the national median home price that typically soars above $400,000. This affordability, however, comes with certain trade-offs. The neighborhood faces socioeconomic challenges, including a poverty rate of 48%, significantly higher than the national average of around 11%. This suggests that while housing is affordable, economic opportunities may be limited, impacting overall community welfare.
The community shows a notable preference for renting, with 60% of residents being renters compared to only 25% who own their homes. This contrasts with national trends where homeownership often predominates. Surprisingly, a large portion of homeowners, 55%, own their properties outright, a figure that contrasts positively when considering the burden of mortgages. However, 39% of those with a mortgage spend 30% or more of their income on housing, illustrating financial strain akin to national concerns about housing affordability. With 15% of housing units vacant, there are opportunities for investment, yet this rate indicates potential issues with demand or economic stability.
Socially, the neighborhood is diverse, with a dominant Black population and 10% of residents being non-US citizens, enriching the cultural tapestry. Family structures here differ from national averages, with only 27% of households consisting of married-couple families. The local unemployment rate of 7% is higher than the national average, highlighting economic hurdles that potential investors should consider. Educational attainment data is missing, but given the economic indicators, this could impact the quality of life and future growth prospects.
For potential homebuyers and investors drawn to affordability but wary of these metrics, it might be wise to explore alternative neighborhoods within the area that maintain similar price points but offer more favorable socioeconomic conditions. Such areas may provide a more balanced mix of economic opportunity and community stability, aligning better with long-term investment goals while still providing affordable housing options. This balance between affordability and opportunity is crucial for making informed real estate decisions.
Median Home Price
Walk Score
Bike Score
Median Household Income
Percent Under Poverty
Median Contract Rent
Owners vs Renters
Vacant Housing Units
Unemployment Rate
College Degree
Dominant Race
Married-Couple Families
Owners Without Morgages
Mortgage ≥ 30% Income
Rent ≥ 30% Income
Non-US Citizens
Bicentennial Park
1.2 miles
Randolph Health
2.0 miles
Food Lion
1.8 miles
The Table Farmhouse Bakery
1.6 miles
Anytime Fitness
1.9 miles
Piedmont Triad International Airport
42 miles
Asheboro High School
1.5 miles
North Carolina Zoo
6.5 miles
Randolph County Public Library
1.4 miles
Dynamic Insights
Custom Narratives
Green Flags
Red Flags
Flood Zone
Flood zone information is not available for this property at this time.
Historical Flooding
Historical flood damage records are not available for this property.
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