Valdese: An Enjoyable City

The typical household size in Valdese, NC is 3.17 residential members, with 74.8% being the owner of their own residences. The average home valuation is $119063. For people renting, they pay out on average $552 per month. 57.6% of households have 2 sources of income, and an average household income of $58350. Median individual income is $23726. 8.7% of residents survive at or beneath the poverty line, and 23.7% are disabled. 9.5% of residents are former members regarding the armed forces of the United States.

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The labor force participation rate in Valdese is 54.8%, with an unemployment rate of 3.2%. For anyone within the labor force, the typical commute time is 23.2 minutes. 9.8% of Valdeseā€™s population have a graduate degree, and 11.8% have earned a bachelors degree. For everyone without a college degree, 23.4% have at least some college, 37.5% have a high school diploma, and only 17.5% have received an education lower than senior high school. 7.5% are not covered by medical insurance.