1st Advantage MortgageMedian rent in Anson County is $814 and 69% of homes are owner-occupied. A personal loan makes sense when its total cost beats your current debt and the payment fits your budget. Compare APR, fees and term in writing, and verify the lender is licensed in North Carolina before you sign.
On this page
- The basics on Anson County
- Work and pay in Anson County
- People and housing stock in Anson County
- Monthly budget benchmarks in Anson County
- What this means for a Anson County loan
- Anson County against similar places
- About Anson County
- Do this before signing in Anson County
- More nearby
- Population and home values by community in Anson County
- Houses, apartments and mobile homes in Anson County
- How income is spread in Anson County
- Carolina counties near Anson County
- Anson County at the top or bottom of North Carolina
- Frequently asked questions
The basics on Anson County
Figures are American Community Survey 2020 to 2024 5-year estimates for Anson County, North Carolina, with margins of error. They describe the place, not you.
Work and pay in Anson County
Count the jobs held by Anson County residents and manufacturing comes out on top (30%), followed by education and health care at 19% and construction at 8%. Compared with the median place in our Carolina county set, Anson County leans toward manufacturing: 30% of workers against a median of 14%.
Looking past the median, 17% of Anson County households earn $100,000 or more and 41% earn less than $35,000. Anson County trails the typical place in our set by 9.9 points at the top of the scale and exceeds it by 12.3 at the bottom. A Gini reading of 0.46 sums up how unevenly income is spread in Anson County. If you are near the lower end, a smaller amount and a shorter term protect you most.
People and housing stock in Anson County
Residents of Anson County have a median age of 41.9; 10% of adults 25 and older have at least a bachelor's degree, and 17% did not finish high school. Relative to our Carolina county medians: -0.4 years on age, -14 points on degrees. Education levels shape the local job mix, which in turn shapes pay schedules and benefits.
Detached houses make up 69% of the homes in Anson County; buildings with five or more units account for 2% and mobile homes for 26%. Anson County has fewer large-building apartments than the middle of our set, by 2.5 points.
Monthly budget benchmarks in Anson County
Try the arithmetic at the median. $47,302 a year is about $3,942 a month before taxes in Anson County. Median rent of $814 is 21% of it, and the usual 30% yardstick would be about $1,183. About $1,419 a month is what 36% of median gross income comes to here, a rough ceiling many lenders use for all debts combined. The price-to-income ratio for housing is roughly 3.1.
What this means for a Anson County loan
The median Anson County home was built in 1974, older than most in our Carolina county set. Aging systems are a predictable source of large, unplanned bills, so a repair fund beats a loan, but when the fund is empty a fixed-term loan is a reasonable tool.
Housing costs press on Anson County owners: 41% with a mortgage are cost-burdened. Owners in that position should be cautious about adding payments, and wary of using home equity for non-essential spending.
Renters in Anson County are less cost-burdened than in most of the 146 Carolina county places we cover, with 40% paying 30 percent or more of income on rent. A comfortable rent-to-income ratio can mean a bigger borrowing cushion, so choose the shortest term you can pay.
Anson County against similar places
Line Anson County up with the other 146 Carolina county places and you see a median household income of $47,302 (rank 125 of 146), a median gross rent of $814 (rank 101 of 146), and a median home value of $148,600 (rank 115 of 146). Ranks like these are a snapshot that changes each release.
Two reference points among North Carolina places of similar population: Caswell County ($59,755 income, $727 rent), where Anson County runs 21% below on income and 12% above on rent and Madison County ($58,531 income, $780 rent), where Anson County runs 19% below on income and 4% above on rent. Size any payment to your own budget rather than to a neighbor's.
About Anson County
Anson County takes in 7 Census places, 7 of them incorporated towns or cities; the largest are Wadesboro, Polkton, Lilesville, Ansonville. Residents of Wadesboro or anywhere else in Anson County who do not see a city guide can use this page.
Do this before signing in Anson County
- License check for Anson County borrowers: the NC Commissioner of Banks lists licensed consumer finance companies.
- Read your free credit reports at AnnualCreditReport.com and fix errors before you shop.
- Never pay a fee first. A request for money before funding is the mark of a scam; the scam guide lists the usual scripts.
- Keep every document in one folder: disclosure, agreement, payment confirmations.
- Compare three written offers by APR, fees and total cost, using the side-by-side calculator.
More nearby
Population and home values by community in Anson County
Anson County contains 7 Census places, 7 of them incorporated. Wadesboro has the priciest homes at the median ($153,200); Polkton the least expensive ($130,100).
| Town or CDP | Type | People | Portion of county | Typical home value |
|---|---|---|---|---|
| Wadesboro | incorporated town | 4,972 | 22.3% | $153,200 |
| Polkton | incorporated town | 2,555 | 11.5% | $130,100 |
| Lilesville | incorporated town | 971 | 4.4% | $116,200 |
| Ansonville | incorporated town | 651 | 2.9% | $92,400 |
| Peachland | incorporated town | 443 | 2.0% | $135,000 |
| Morven | incorporated town | 362 | 1.6% | $110,700 |
| McFarlan | incorporated town | 164 | 0.7% | $115,000 |
Houses, apartments and mobile homes in Anson County
The housing stock in Anson County is 69% detached houses; apartments in buildings of 5+ units account for 2%, and mobile homes for 26%. Apartment buildings (2% of Anson County units) mean more renters borrowing for deposits and moves.
| Kind of building | Share in Anson County | Difference from North Carolina |
|---|---|---|
| Single-family detached | 69.0% | +3.7 pts |
| Townhouse or attached | 0.8% | -4.0 pts |
| 2 to 4 units | 2.0% | -2.7 pts |
| 5 to 19 units | 1.7% | -6.6 pts |
| 20 or more units | 0.3% | -5.7 pts |
| Mobile home | 26.2% | +15.2 pts |
How income is spread in Anson County
Households earning $150,000 or more are 5.9% of Anson County, compared with 18.7% for North Carolina; those under $15,000 are 15.6%.
| Household income | Anson County | vs North Carolina |
|---|---|---|
| Under $15,000 | 15.6% | +6.9 pts |
| $15,000 to $24,999 | 14.1% | +7.1 pts |
| $25,000 to $34,999 | 11.6% | +4.2 pts |
| $35,000 to $49,999 | 9.7% | -2.0 pts |
| $50,000 to $74,999 | 21.4% | +4.6 pts |
| $75,000 to $99,999 | 11.1% | -2.0 pts |
| $100,000 to $149,999 | 10.6% | -6.0 pts |
| $150,000 or more | 5.9% | -12.8 pts |
Carolina counties near Anson County
Richmond County is nearest at 20 miles. Across the group, the median age peaks at 44.0 in Montgomery County.
| County | Distance | Population | Median age | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Anson County | - | 22,289 | 41.9 | 10% | 22% |
| Richmond County, NC | 20 mi | 42,344 | 40.5 | 16% | 25% |
| Chesterfield County, SC | 24 mi | 43,784 | 42.0 | 14% | 20% |
| Union County, NC | 24 mi | 250,958 | 39.2 | 40% | 8% |
| Stanly County, NC | 25 mi | 64,651 | 40.5 | 20% | 15% |
| Montgomery County, NC | 27 mi | 26,007 | 44.0 | 19% | 15% |
Anson County at the top or bottom of North Carolina
Anson County ranks furthest from the middle of North Carolina on college degrees and six-figure households, then car-free households.
- Anson County: 10% for college degrees, #1 lowest of 100 in North Carolina. Lenders weigh income, not diplomas.
- Six-figure households puts Anson County at #4 lowest of 100 among North Carolina counties (17%). Smaller loans are the local norm.
- Anson County: 9.4% for car-free households, #9 of 100 in North Carolina. Transit and ride costs belong in the budget.
- Anson County: 40% for rent burden, #8 lowest of 100 in North Carolina. More renters have slack, but run your own numbers.
| Where it stands out | Value | North Carolina rank | Carolina median |
|---|---|---|---|
| College degrees | 10% | #1 lowest of 100 | 24% |
| Six-figure households | 17% | #4 lowest of 100 | 26% |
| Car-free households | 9.4% | #9 of 100 | 5.8% |
| Rent burden | 40% | #8 lowest of 100 | 48% |
Frequently asked questions
Can Anson County owners borrow against a $148,600 home?
Many can. A home-equity loan or line is secured by the house, while a personal loan usually is not; 69% of Anson County households face that choice.
Does my Anson County ZIP code matter to the check?
Not at all. Anson County or anywhere else in North Carolina, the questions and screening rules are identical.
Who regulates personal lenders in North Carolina?
For Anson County borrowers, the North Carolina Commissioner of Banks is the licensing agency for consumer finance lenders. Payday loans are illegal in the state.
What slows down a loan for a Anson County applicant?
Usually verification: income documents, identity checks and bank details. Having pay stubs or benefit letters ready is the fastest fix.