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Davidson: Economy & Jobs

Davidson reports a median household income of $166,556 (1.9× higher than Mecklenburg County median $87,005; 2.3× higher than North Carolina median $72,388), with homes at a median value of $687,700. The surrounding county supports 81,195 jobs (avg $63,307).

Income & Affordability

Median household income $166,556 — above the North Carolina median ($79,112). Poverty rate 7.0% (U.S. average ~12.5%). 45% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

Affordability · Home Price To Income4.1×
Affordability · Home Affordabilitymoderate
Affordability · Rent Pct Income11.8%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened45.0%
Affordability · Poverty Rate7.0%
Affordability · Property Tax Pct Income2.8%
Irs Income · IRS tax returns filed$92,990
Irs Income · Total Adjusted Gross Income (thousands)$8,851,205
Irs Income · Average AGI per return$95,184 (vs North Carolina $84,123)
Irs Income · Year2022
Income Estimate$174,310
Median Household Income$166,556 (vs North Carolina $79,112)
Poverty Rate7.0%

Sources: IRS SOI 2022 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Economic Character

Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.

Economic Character · Workforcewhite_collar
Economic Character · Top IndustryEducation Healthcare
Economic Character · Income Levelaffluent
Economic Character · Median Income$166,556

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 2.4% — below the U.S. average of ~4%. 31% work from home (U.S. average ~15%).

Commuter Profile · Mean Commute Min24.20
Commuter Profile · Work From Home Pct30.7%
Commuter Profile · Profileremote work hub
Employment · Avg annual employment (county)81,195
Employment · Total annual wages (county)$5,140,225,448
Employment · Average annual pay$63,307
Employment · Year2024
State Occupation Wages · Year2023
State Occupation Wages · All Occupations · Soc Code00-0000
State Occupation Wages · All Occupations · TitleAll Occupations
State Occupation Wages · All Occupations · Employment4,795,040
Unemployment Rate2.4% (vs North Carolina 3.1%)

Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Industry Sectors

Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.

Agriculture · Total Farms894
Agriculture · Land In Farms Acres119,481
Agriculture · Avg Farm Size Acres133.60
Agriculture · Top CommoditiesSod, Animal Totals, Milk, Poultry Totals, Crop Totals
Agriculture · Year2022
Business Patterns · Establishments (employer count)5,339
Business Patterns · Total Employees74,282
Business Patterns · Annual Payroll Thousands4,323,788
Business Patterns · Year2022

Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match

Local Business Mix

Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.

Local Businesses · Grocery Stores28
Local Businesses · Convenience Stores10
Local Businesses · Liquor Stores8
Local Businesses · Gas Stations78
Local Businesses · Department Stores3
Local Businesses · General Merchandise38
Local Businesses · Clothing Stores7
Local Businesses · Pet Stores9

Sources: Census CBP — NAICS detail codes

Dining Scene

Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.

Dining Scene · Full Service Restaurants147
Dining Scene · Fast Food153
Dining Scene · Bars18
Dining Scene · Coffee Snacks33

Sources: Census CBP NAICS 722

Banking

FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.

Branches (4)

Wells Fargo Bank, National Association
DAVIDSON COLLEGE BRANCH · 209 Ridge Rd · 28036
Wells Fargo Bank, National Association
DAVIDSON BRANCH · 112 S Main St · 28036
United Community Bank
DAVIDSON COMMONS BRANCH · 568 Jetton St · 28036
Fifth Third Bank, National Association
DAVIDSON BRANCH · 124 S Main St · 28036

SNAP & Food Access

USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.

Sample (5)

Harris Teeter 268
Super Store · 431 Peninsula Dr
CODDLE CREEK GROCERY 3
Convenience Store · 11181 Mooresville Rd
CVS PHARMACY 1643
Other · 2002 Shiloh Church Rd
Harris Teeter 471
Super Store · 11124 Renaissance Dr
CVS PHARMACY 6402
Other · 127 S Main St
Nearest Snap · NameHarris Teeter 268
Nearest Snap · Total In Area7

Sources: USDA SNAP API — state+city name match

Chamber of Commerce

IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.

Chamber Of Commerce · NameBEULAVILLE AREA CHAMBER OF COMMERCE

Sources: IRS EO BMF  ·  Refreshed 2026-04-12

Spending & Tax

Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).

Federal Spending · Federal Spending Fy2024$1,162,824,417
Federal Spending · Per Capita6,228.54 (vs North Carolina $7,140)
Federal Spending · Population186,693 people (vs North Carolina 70,630)

Sources: USAspending API

Other

Job Training · Total count1
Pct Drove Alone55.3%
Pct Public Transit7.4%
Pct Walked30.7%
Retirement Score · Median age41.9 years (vs North Carolina 36.2y)
Retirement Score · Ss Household Pct26.7%
Retirement Score · Hospitals Nearby3
Retirement Score · Va AccessYes
Retirement Score · Factorsolder population, hospital access, VA nearby
Retirement Score · Ratinggood

Sources: IRS BMF keyword search · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12