Davidson is a town in North Carolina with a population of slightly more than 12,000. There is a surplus of opportunities for young adults (15-24), who account for a larger portion of the population here (21%) than nationally (14%), while young professionals figure less prominently in the demographics. Overall, the city's residents, at an average age of just under 37, skew younger than most cities in North Carolina. Renters tend to be in the minority in the city, and 78% of residents own their homes. With an average rent of $1,150 per month, exceeding the state average by $219/month, relatively high rent costs could be a factor in the higher levels of ownership.
Many Davidson residents work in one of three industries: education, retail, and entertainment. Combined, these industries account for 21% of the labor force in the city. Meanwhile, in terms of job function, many residents work in management, making it the top field in the city. With an average annual income of about $125K, third-highest in North Carolina, Davidson workers are generally well-compensated for their efforts. The city's average income also compares favorably to the national average of $73,345. Davidson has a large number of residents over the age of 25 with advanced degrees compared to the national average (7%), as 14% have earned a Master's or a Doctoral degree. Furthermore, 22% have a Bachelor's degree, which also outpaces the national average.
Davidson residents have an average commute of about 28 minutes. Many residents (36%) drive their car or truck to work, while public transportation is not widely used. Walking (4%) isn't a common method of commuting to work, though the number exceeds the national average.
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