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Advance, North Carolina Demographics & Population 2026

During the 2020–2024 ACS period, Advance, North Carolina had a total population of 1,408, the 400th largest community in North Carolina, with a median household income of $115,391, which is 59% higher than the state average. The poverty rate is 5.0%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Advance Quick Facts

Population 1,408
Median Household Income $115,391
Median Home Value $434,400
Poverty Rate 5.0%
Unemployment Rate 0.0%
Median Age 41.1 years
Homeownership Rate 80.1%
Affordability Ratio 3.8x
Bachelor's Degree or Higher 47.2%
High School Graduation Rate 100.0%
Diversity Index 35/100
Population 1,408 400th of 772
Median Income $115,391 top 10%
Poverty Rate 5.0% 60% lower than national
Median Home Value $434,400 top 20%

How Advance Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,5441,408-8.8%
Median household income$109,402$115,391+5.5%
Median home value$358,500$434,400+21.2%

How Advance Compares

Economy & Housing

Household Income Distribution

Under $25K 7.6%
$25K-$50K 13.1%
$50K-$100K 23.0%
$100K+ 56.3%
Detailed income brackets
Under $10K
3.7%
$10K-$15K
0.0%
$15K-$20K
2.1%
$20K-$25K
1.8%
$25K-$30K
2.9%
$30K-$35K
0.0%
$35K-$40K
5.8%
$40K-$45K
2.3%
$45K-$50K
2.3%
$50K-$60K
0.0%
$60K-$75K
12.9%
$75K-$100K
10.1%
$100K-$125K
10.9%
$125K-$150K
11.9%
$150K-$200K
18.7%
$200K+
14.8%

Employment

0.0% Unemployment Rate State: 4.7%|National: 5.2%
63.4% Labor Force Participation

Housing Overview

Owner 80.1%
Renter 19.9%
Affordability Index Affordable
3.8x home value to income ratio
Median gross rent $819/mo 8.5% of median household income annually

People & Demographics

Diversity Index

35out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 58 | National average: 61

Education

Advance Rankings in North Carolina

#400 Population of 772
#47 Median Income of 716
#105 Education of 772
#82 Home Value of 725

Other Cities in Davie County

CityPopulationMedian IncomePovertyHome Value
Mocksville 6,068 $55,367 19.2% $240,700
Bermuda Run 3,211 $69,301 4.6% $347,600
Cooleemee 988 $46,750 10.6% $144,600
Farmington 409 $53,462 12.7% $205,700

Cities Similar to Advance

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Maury1,339N/AN/A3.3%54.7%
Pine Knoll Shores1,351$109,375$592,30065.5%3.5%
Buxton1,267N/A$409,90025.5%6.7%
Brandywine Bay1,313$105,000$371,50054.1%1.2%
Alamance1,267$99,375$407,30038.9%10.3%

Population Overview

Advance is a small community located in North Carolina, within Davie County. The total population is 1,408. It ranks as the 400th most populous out of 772 Census-designated places in North Carolina.

Age Demographics

The median age in Advance is 41.1 years. This is 5% higher than the state median of 39.1 years. With 28.8% of the population under 18, Advance has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Advance is $115,391. This is 59% higher than the state median of $72,388. It is also 43% higher than the national median of $80,734. The poverty rate stands at 5.0%. This is 61% lower than the state poverty rate of 13.0%. The survey records no unemployed residents in Advance, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $434,400. Housing costs are 50% higher than the state median of $288,900. The home-value-to-income ratio is 3.8x. 80.1% of occupied housing units are owner-occupied. This homeownership rate is 20% higher than the state average of 66.6%.

Race & Ethnicity

The largest racial or ethnic group in Advance is White (non-Hispanic), making up 79.5% of the population. Black or African American residents account for 9.7%. The Black or African American population (9.7%) is well below the state average of 20.0%. The Hispanic or Latino population (1.9%) is well below the state average of 11.3%.

Education

47.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 32% higher than the state rate of 35.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. No surveyed resident aged 25 or older reported leaving school before earning a high school diploma, though a rate of exactly 100% reflects the limits of a small sample. Notably, 21.7% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Advance, North Carolina is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against North Carolina state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 772 Census-designated places in North Carolina. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all North Carolina city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Advance, North Carolina?

Advance, North Carolina has a population of 1,408 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Advance, NC?

The median household income in Advance is $115,391, which is 43% higher than the national median of $80,734.

What is the poverty rate in Advance, NC?

The poverty rate in Advance is 5.0%. This means approximately 71 residents live below the federal poverty line.

What is the racial makeup of Advance, North Carolina?

Advance's population is 79.5% White, 9.7% Black, 1.9% Hispanic/Latino, and 2.1% Asian.

What is the median home value in Advance, NC?

The median home value in Advance is $434,400. The home-value-to-income ratio is 3.8x.

How educated is Advance, North Carolina?

47.2% of adults (25+) in Advance hold a bachelor's degree or higher, and 21.7% hold a graduate or professional degree.