Families in High Point earn a median $62,483 a year, and the typical owned home is worth $260,900. A simple rule puts the need for a typical family here at about $800,000. Term life is usually the lowest cost way to get there.
High Point by the numbers
- Median household income
- $62,483Lower than the North Carolina median of $73,958
- Typical home value
- $260,900Lower than the North Carolina median of $333,000
- Homes owned
- 55%59% of owned homes have a mortgage
- Households with kids
- 27%48,520 households in all
- Age 65 and older
- 17%Median age 39.7
- Veterans
- 4,9985.4% of adults
Living in High Point
High Point is the 9th largest city in North Carolina, with 117,109 residents and a median age of 39.7.
The median household here earns $62,483, below the US median of $81,604. The typical home costs about 4.2 times that income.
Compared with nearby Greensboro (12 miles away), homes in High Point are worth less ($260,900 vs $290,200), and fewer households have kids at home.
The biggest hands on job group here is factory and production, at 10% of workers. Work coverage usually ends when you leave the job, so a policy you own stays put.
Who works in High Point
The biggest groups of hands on and front line jobs here, as a share of all workers. Some of these jobs can change your price, and some companies treat them better than others.
What fits families in High Point
59% of owned homes in High Point still have a mortgage. If your family would struggle to make that payment without you, size a policy to the loan. More on mortgage protection
27% of households here have kids under 18. Term life covers the years they depend on you for the lowest price. More on term life
17% of people in High Point are 65 or older, close to the North Carolina rate. A small policy keeps funeral costs off the family. More on final expense
About 4,998 veterans live in High Point. VGLI is not your only choice. More on veterans
Final expense and burial insurance in High Point
About 20,300 people in High Point are 65 or older. A small final expense policy, also called burial insurance, pays for the funeral so the family does not have to.
| Age | Women, $10,000 | Men, $10,000 |
|---|---|---|
| 60 | $33 | $43 |
| 70 | $53 | $70 |
| 80 | $98 | $134 |
National sample rates, Choice Mutual, Rates valid as of March 9, 2026. Not a quote. Funeral costs and help in North Carolina
North Carolina rules that protect you
- Free look: 10 days to return a new policy for a refund
- Grace period: 31 days if you miss a payment
- Guaranty protection: up to $300,000 in death benefits
- Help line: North Carolina Department of Insurance, 855-408-1212
Common questions in High Point
How much life insurance do I need in High Point?
A quick rule of thumb: 10 years of income plus what you owe on your home. With High Point's median household income of $62,483 and a typical home value of $260,900, that lands near $800,000 for a typical family. Your number depends on your debts, kids and savings. Our calculator does the math.
Can I get life insurance in High Point without a medical exam?
Often, yes. Many companies approve healthy people with health questions and records instead of an exam. Older buyers can also look at simplified issue or guaranteed issue final expense plans.
Do I need an agent licensed in North Carolina?
Yes. An agent must hold a North Carolina license to sell you a policy. You can check a license with the North Carolina Department of Insurance at 855-408-1212.
What does a funeral cost near High Point?
Local prices vary by funeral home. Nationally, the median funeral with viewing and burial was $8,300 in 2023, and $6,280 with cremation (NFDA). Under the FTC Funeral Rule, any funeral home in High Point must give you an itemized price list.
Source: FTC Funeral Rule · NFDA price study
What happens if my insurance company fails in North Carolina?
The North Carolina Life & Health Insurance Guaranty Association protects North Carolina policyholders up to $300,000 in death benefits, per insured person.
Source: North Carolina Life & Health Insurance Guaranty Association · NOLHGA: how you are protected
Near High Point
Greensboro (12 mi), Winston-Salem (17 mi), Concord (55 mi), Durham (61 mi), Cary (67 mi), Charlotte (72 mi)
Sources
Local numbers are Census American Community Survey 2024 one year estimates for High Point, NC. The coverage figure is a rule of thumb, not advice.
