Hickory-Lenoir-Morganton, NC

Metro Area Profile

368,316 residents. Jobs, income, development, climate and physical risk across the Hickory-Lenoir-Morganton, NC metropolitan area.

63out of 100
Area Score
Bottom 48% of 379 published profiles

How we calculate this

How this area ranks
Opportunity302nd of 379 published metros40
GrowthTop 27% of 821 published metros65
Housing affordabilityTop 48% of 822 published metros95
ClimateTop 8% of 822 published metros78
Physical resilienceTop 48% of 822 published metros57
Access459th of 822 published metros73
Economic stability434th of 822 published metros49
The quick read

Employment conditions sit below most comparable published metro profiles: unemployment is 3.5% and the Opportunity signal places Hickory-Lenoir-Morganton in the bottom 20%.

Development activity is both elevated and accelerating — 3,504 housing units permitted over the past twelve months, up 18% on the prior year.

Rent takes 17% of median household income here, below the 30% threshold conventionally called cost-burdened, and the median home is 3.4 times that income.

At a glance

Population
368,316
2024 ACS 5-Year
Median household income
$62,787
Bottom 36% nationally
Density
225/sq mi
1639.5 sq mi of land
Median age
43.5
2024 ACS 5-Year
County
Metro area
Hickory-Lenoir-Morganton, NC
Nearest major airport
CLT
50 mi · Charlotte/Douglas Intl
Median home value
$215,600
2024 ACS 5-Year

Jobs & opportunity

Unemployment of 3.5% is lower than 83% of the 379 measured US metros.

Employment fell 3.0% over the past year, to 157,610 employed residents.

MetricValueCompared with peersSource period
Median household income ±$1,624$62,787Bottom 36%2024 ACS 5-Year
Per capita income ±$828$34,781Bottom 45%2024 ACS 5-Year
Poverty rate13.5%Top 50%2024 ACS 5-Year
Average commute25.4 minTop 35%2024 ACS 5-Year
Bachelor's degree or higher22.3%Bottom 38%2024 ACS 5-Year
Employment157,610Top 40%June 2026
Employment change (3 years)-5.5%Bottom 4%June 2026
Employment change (year over year)-3.0%Bottom 8%June 2026
Labor force163,261Top 40%June 2026
Labor force participation58.9%Bottom 42%2024 ACS 5-Year
Mean annual wage$54,360Bottom 15%2025 OEWS
Median annual wage$45,220Bottom 23%2025 OEWS
Metro employment154,090Top 39%2025 OEWS
Unemployment change (year over year)-0.4%Bottom 22%June 2026
Unemployment rate3.5%Bottom 17%June 2026
Unemployment rate
2021/062022/032022/122023/092024/062025/032025/102026/065.43.0
Monthly unemployment rate from the Bureau of Labor Statistics, most recent value 3.5% in June 2026. A break in the line is a month the Bureau of Labor Statistics did not publish for this area — it is left empty rather than estimated.
Largest occupations — Hickory-Lenoir-Morganton, NC
OccupationPeople employedMedian annual wage
Laborers and Freight, Stock, and Material Movers, Hand4,850$40,240
Retail Salespersons4,000$30,520
Stockers and Order Fillers3,500$38,130
Cashiers3,470$27,570
Miscellaneous Assemblers and Fabricators3,190$42,770
Heavy and Tractor-Trailer Truck Drivers3,050$57,460

Occupational employment and wages are published for metropolitan areas rather than for individual cities or ZIP areas, so these describe the wider labor market this location sits in. 2025 OEWS, U.S. Bureau of Labor Statistics.

Housing & affordability

How it’s calculated →

Median rent of $869 takes 17% of median household income, below the 30% threshold at which a household is considered cost-burdened.

A median home costs 3.4 times median household income here, above the historic benchmark of about three times income.

Rent as a share of income
16.6%
Below the 30% cost-burdened threshold
Home price to income
3.4×
median home value ÷ median income
Median gross rent
$869
2024 ACS 5-Year
Median home value
$215,600
2024 ACS 5-Year
MetricValueCompared with peersSource period
Home price to income3.43Top 41%2024 ACS 5-Year
Homeownership rate73.8%Top 25%2024 ACS 5-Year
Housing units ±119167,096Top 15%2024 ACS 5-Year
Median gross rent ±$18$869Bottom 27%2024 ACS 5-Year
Median home value ±$3,256$215,600Top 49%2024 ACS 5-Year
Rent as a share of income16.6%Bottom 27%2024 ACS 5-Year
Vacancy rate10.5%Bottom 44%2024 ACS 5-Year

Both affordability measures come from the same ACS release as the income they are compared with, so the comparison is like for like. They describe housing cost against local earnings and are not a cost-of-living index — transport, groceries, healthcare, insurance and taxes are not included, and a place can look affordable here and still be expensive to live in for reasons this does not capture.

Growth & development

How it’s calculated →
Development Momentum
65/ 100
Top 27% of 821 published city profiles
Permitting is increasing, measured from 2024 to 2025.

An AreaProfile calculation combining permit volume per resident, its direction over one and three years, population change and employment growth. Permit volume alone is not the measure.

Population has grown 2% since 2020, reaching 373,031 in 2024.

New construction is predominantly single-family: only 17% of permitted units are in buildings of five or more homes.

At 9.5 permitted units per 1,000 residents, building activity is above the median for measured US metros.

Units permitted
3,504
12 months ending July 2026
Per 1,000 residents
9.5
Top 7% nationally
Year over year
+18%
vs the prior twelve months
Multifamily share
17.1%
units in 5+ unit buildings
Population, annual estimates
20202021202220232024373k365k
Census Population Estimates Program, July 1 of each year. These annual estimates are designed for year-over-year comparison, unlike the ACS five-year figure shown as this profile's population.

Weather & climate

7 of the twelve months have a normal average temperature between 55°F and 80°F. July averages a high of 87°F and January a low of 30°F.

Normal annual precipitation is 47.1 inches.

20°40°60°80°100°JFMAMJJASOND
Solid line: normal daily high. Dashed line: normal daily low. 1991-2020 normals from NOAA station HICKORY FAA AP, 6.5 miles from this location.
Precipitation
JFMAMJJASOND4.6"
Normal monthly precipitation, in inches.
MetricValueSource period
Annual precipitation47.1"1991-2020 Normals
Average January low30°F1991-2020 Normals
Average July high87°F1991-2020 Normals
Comfortable months71991-2020 Normals
Seasonal temperature swing38°F1991-2020 Normals

Climate figures are thirty-year normals, not current conditions. They describe what a typical year looks like rather than what the weather is doing today.

Physical risk

57 / 100
Physical resilience

The hazards accounting for most of this area's expected annual loss are inland flooding, tornado and earthquake.

Ice stormElevated
Inland floodingModerate
LightningModerate
EarthquakeModerate
TornadoModerate
HurricaneModerate
Cold waveModerate

Low or minimal exposure: landslide, strong wind, hail, drought, heat wave, winter weather, wildfire.

Hazard ratings are AreaProfile calculations derived from the FEMA National Risk Index v1.20.0 (December 2025). FEMA publishes at county level. This value is the population-weighted mean of all component counties; expected annual loss is their sum. FEMA does not endorse this presentation. Higher physical resilience means lower exposure.

What this profile does not cover

Three things people look for are missing from every AreaProfile page, and each is missing for a reason rather than by oversight. The Area Score is calculated without them and the weighting is documented on the methodology page.

Reported crime
The FBI’s Crime Data Explorer is the only source for reported offences with national coverage and a published method, and it requires an API key AreaProfile does not hold. Arrest counts, news volume and commercial “safety scores” are not substituted in the meantime. What is published above under Safety is a different measurement — deaths rather than offences, from death certificates rather than police returns — and it covers no property crime at all.
Taxes
No tax dataset has met the source admission test for coverage, transparent methodology and update cadence. Nothing here is individualized tax advice.
Full cost of living
No public source publishes one with national coverage and a documented method. Housing affordability above is computed from published rent, price and income, and excludes transport, groceries, healthcare, insurance and taxes — commuting cost in particular tends to offset suburban housing savings.

Access

5 major airports lie within 100 miles, the nearest 50 miles away.

AirportCodeDistanceLongest runway
Charlotte/Douglas IntlCLT50 mi10,000 ft
Asheville RgnlAVL66 mi8,002 ft
Tri-CitiesTRI70 mi8,000 ft

Airport identity, position and runway data come from the FAA. “Major airport” is an AreaProfile classification — a public-use civil airport with a paved runway of at least 8,000 feet — not an FAA hub designation. Distances are straight-line, not driving distance.

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Area Score
63
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Data & methodology

Used forSourceSource periodUpdated
AccessFederal Aviation Administration
Airports (NASR) — Aeronautical Data Delivery Service
NASR current cycle28-day NASR cycle
Physical riskFederal Emergency Management Agency
National Risk Index
National Risk Index December 2025 (v1.20.0)Periodic dataset versions (v1.20.0 current)
ClimateNOAA National Centers for Environmental Information
U.S. Climate Normals 1991–2020 (Monthly)
1991-2020 NormalsEvery ten years (next release follows the 2001–2030 period)
JobsU.S. Bureau of Labor Statistics
Local Area Unemployment Statistics
June 2026Monthly
JobsU.S. Bureau of Labor Statistics
Occupational Employment and Wage Statistics
2025 OEWSAnnual (spring release)
DemographicsU.S. Census Bureau
Population Estimates Program
July 1, 2024 estimateAnnual (vintage released each spring)
DevelopmentU.S. Census Bureau
Building Permits Survey
12 months ending July 2026Monthly, roughly three weeks after the reference month
Demographics, Housing, Income, JobsU.S. Census Bureau
American Community Survey 5-Year Estimates (Table-Based Summary File)
2024 ACS 5-YearAnnual (5-year estimates released each December)

Profile recalculated August 30, 2026. Recalculation is not the same as new source data — each figure above shows the period its source actually covers. Read the full methodology or browse every source.