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Economy, jobs and prices in Winston-Salem, North Carolina: official figures

The median household income in Winston-Salem was $59,268 a year in the 2020-2024 American Community Survey (in 2024 dollars), 133rd lowest of 823 US cities of 50,000 or more; the US median was $80,734 and the North Carolina median $72,388.

Median household income
$59,268
2020-2024
Unemployment rate (ACS)
5.7%
2020-2024
Mean travel time to work
21.5 min
2020-2024
Median gross rent (monthly)
$1,087
2020-2024
Median home value (owner-occupied)
$233,800
2020-2024
Homes occupied by their owners
55.6%
2020-2024
Households with a broadband subscription
88.4%
2020-2024

What is the per capita income in Winston-Salem?

Income per resident (per capita income) in Winston-Salem averaged $37,345 a year in 2020-2024, 314th lowest of 823 US cities of 50,000 or more (US: $44,673; North Carolina: $41,385).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Winston-Salem?

Winston-Salem's Gini index of household income inequality was 0.506 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 87th most unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Winston-Salem, North Carolina?

5.7% of the civilian labor force in Winston-Salem was unemployed on average over 2020-2024 (6,994 people), 332nd highest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and North Carolina's 4.7%.

Source: U.S. Census Bureau · saved copy

What share of people in Winston-Salem are working?

61.5% of Winston-Salem's 201,290 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 162nd lowest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Winston-Salem have jobs?

116,265 residents of Winston-Salem held civilian jobs, 57.8% of those aged 16 and over (US: 59.7%), and 511 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Winston-Salem?

The largest industry group for working residents of Winston-Salem was education, health care and social assistance (29.1% of employed residents), followed by manufacturing (11.5%) and professional, scientific, management and administrative services (10.8%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Winston-Salem work in manufacturing?

Manufacturing employed 11.5% of working residents of Winston-Salem, 222nd highest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 10.8% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Winston-Salem, North Carolina?

Commuters in Winston-Salem took 21.5 minutes on average to get to work in 2020-2024, 226th shortest of 823 US cities of 50,000 or more (US: 26.4 minutes); 5.1% travelled an hour or more and 32.9% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Winston-Salem get to work?

14.1% of workers living in Winston-Salem worked from home in 2020-2024, 381st highest of 823 US cities of 50,000 or more (US: 15.1%). 71.7% drove to work alone, 9.5% carpooled, 1.1% used public transport and 2.0% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Winston-Salem, North Carolina?

The median gross rent (rent plus utilities) in Winston-Salem was $1,087 a month in 2020-2024, 127th lowest of 823 US cities of 50,000 or more (US: $1,413; North Carolina: $1,228).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Winston-Salem?

Owner-occupied homes in Winston-Salem had a median value of $233,800 in 2020-2024 as estimated by their owners, 163rd lowest of 823 US cities of 50,000 or more (US: $332,700; North Carolina: $288,900).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Winston-Salem?

The median home value in Winston-Salem was 3.9 times the median household income, 299th lowest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Winston-Salem, North Carolina own their home?

55.6% of the 103,058 occupied homes in Winston-Salem were lived in by their owners in 2020-2024 and 45,767 were rented, 343rd lowest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; North Carolina: 66.6%).

Source: U.S. Census Bureau · saved copy

What share of homes in Winston-Salem have broadband?

88.4% of households in Winston-Salem had a broadband internet subscription of some type in 2020-2024, 127th lowest of 823 US cities of 50,000 or more (US: 91.0%; North Carolina: 90.1%).

Source: U.S. Census Bureau · saved copy

How many households in Winston-Salem have no internet?

8.0% of households in Winston-Salem (8,194) had no internet access at home in 2020-2024, 135th highest of 823 US cities of 50,000 or more (US: 6.5%); 10.1% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Winston-Salem compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Winston-Salem ranks 691 of 823, highest first.

RankCityMedian household income (2024 dollars)
688Edinburg$59,466
689Peoria$59,410
690Bryan$59,289
691Winston-Salem$59,268
692Lake Charles$59,235
693Sherman$58,859
694Bridgeport$58,685
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Winston-Salem ranks 510 of 823, highest first.

RankCityPer capita income (2024 dollars)
507Gardena$37,529
508Davenport$37,521
509Prescott Valley$37,400
510Winston-Salem$37,345
511Albany$37,281
512Worcester$37,221
513Chino$37,217
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Winston-Salem ranks 87 of 823, highest first.

RankCityGini index of household income inequality
84Baltimore0.508
85Jersey City0.507
86Tulsa0.506
87Winston-Salem0.506
88New Brunswick0.506
89Stamford0.506
90McAllen0.506
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Winston-Salem ranks 332 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
329Flagstaff5.7%
330Bolingbrook5.7%
331Gastonia5.7%
332Winston-Salem5.7%
333Lowell5.7%
334Haverhill5.7%
335Fountain Valley5.6%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Winston-Salem ranks 662 of 823, highest first.

RankCityLabor force participation rate (16 and over)
659Southfield61.6%
660Abilene61.5%
661Pinellas Park61.5%
662Winston-Salem61.5%
663Cathedral City61.5%
664Lake Charles61.5%
665El Monte61.5%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Winston-Salem ranks 598 of 823, highest first.

RankCityMean travel time to work (minutes)
595Columbus21.5
596Taylor21.5
597Fort Wayne21.5
598Winston-Salem21.5
599New Britain21.5
600Palo Alto21.4
601Brownsville21.4
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Winston-Salem ranks 381 of 823, highest first.

RankCityWorkers who worked from home
378St. George14.2%
379Menifee14.2%
380Albany14.2%
381Winston-Salem14.1%
382Coconut Creek14.1%
383Deltona14.1%
384Melbourne14.1%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Winston-Salem ranks 423 of 823, highest first.

RankCityWorkers commuting by public transportation
420Melbourne1.1%
421Toledo1.1%
422Garden Grove1.1%
423Winston-Salem1.1%
424Plantation1.1%
425Orange1.1%
426Daytona Beach1.1%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Winston-Salem ranks 222 of 823, highest first.

RankCityEmployed residents working in manufacturing
219La Habra11.6%
220Noblesville11.6%
221Rowlett11.5%
222Winston-Salem11.5%
223Fall River11.5%
224Joplin11.5%
225Sparks11.5%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Winston-Salem ranks 80 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
77St. Cloud29.4%
78Pearland29.2%
79Jackson29.2%
80Winston-Salem29.1%
81New Orleans29.1%
82Burlington29.1%
83La Crosse29.1%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Winston-Salem ranks 697 of 823, highest first.

RankCityMedian gross rent per month
694Des Moines$1,090
695Norman$1,090
696Montgomery$1,089
697Winston-Salem$1,087
698Duluth$1,087
699Parma$1,087
700Lincoln$1,086
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Winston-Salem ranks 661 of 823, highest first.

RankCityMedian value of owner-occupied homes
658Albany$234,700
659Kingsport$234,100
660Louisville/Jefferson County metro government$233,900
661Winston-Salem$233,800
662Greenville$233,500
663Las Cruces$231,700
664Appleton$231,400
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Winston-Salem ranks 522 of 820, highest first.

RankCityMedian home value as a multiple of median household income
519Holly Springs4.0x
520New Braunfels3.9x
521Overland Park3.9x
522Winston-Salem3.9x
523Wilmington3.9x
524Johns Creek3.9x
525Huntsville3.9x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Winston-Salem ranks 481 of 823, highest first.

RankCityOccupied homes lived in by their owners
478Lauderhill55.8%
479Chicopee55.7%
480Norwalk55.6%
481Winston-Salem55.6%
482Charleston55.6%
483Clarksville55.6%
484Round Rock55.5%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Winston-Salem ranks 697 of 823, highest first.

RankCityHouseholds with a broadband subscription
694Taylor88.5%
695Buffalo88.5%
696Columbia88.5%
697Winston-Salem88.4%
698Pocatello88.4%
699Hamilton88.4%
700Springfield88.4%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Winston-Salem ranks 135 of 823, highest first.

RankCityHouseholds with no internet access
132Albany8.0%
133Tamarac8.0%
134Cleveland8.0%
135Winston-Salem8.0%
136Norfolk7.9%
137Philadelphia7.9%
138Mission7.9%
Source: U.S. Census Bureau · saved copy

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Sources

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