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Bakersville, North Carolina Demographics & Population 2026

During the 2020–2024 ACS period, Bakersville, North Carolina had a total population of 747, the 516th largest town in North Carolina, with a median household income of $50,263, which is 31% lower than the state average. The poverty rate is 22.4%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Bakersville Quick Facts

Population 747
Median Household Income $50,263
Median Home Value $231,300
Poverty Rate 22.4%
Unemployment Rate 25.5%
Median Age 48.3 years
Homeownership Rate 62.4%
Affordability Ratio 4.6x
Bachelor's Degree or Higher 11.7%
High School Graduation Rate 86.6%
Diversity Index 10/100
Population 747 516th of 772
Median Income $50,263 below average
Poverty Rate 22.4% 80% higher than national
Median Home Value $231,300 average

How Bakersville Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population718747+4.0%
Median household income$39,091$50,263+28.6%
Median home value$229,000$231,300+1.0%

How Bakersville Compares

Economy & Housing

Household Income Distribution

Under $25K 30.4%
$25K-$50K 19.0%
$50K-$100K 19.9%
$100K+ 30.7%
Detailed income brackets
Under $10K
15.7%
$10K-$15K
6.6%
$15K-$20K
7.2%
$20K-$25K
0.9%
$25K-$30K
4.2%
$30K-$35K
1.8%
$35K-$40K
8.1%
$40K-$45K
3.9%
$45K-$50K
0.9%
$50K-$60K
8.1%
$60K-$75K
1.2%
$75K-$100K
10.5%
$100K-$125K
3.6%
$125K-$150K
3.3%
$150K-$200K
20.8%
$200K+
3.0%

Employment

25.5% Unemployment Rate State: 4.7%|National: 5.2%
57.3% Labor Force Participation

Housing Overview

Owner 62.4%
Renter 37.6%
Affordability Index Moderate
4.6x home value to income ratio
Median gross rent $504/mo 12.0% of median household income annually

People & Demographics

Diversity Index

10out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 58 | National average: 61

Education

Bakersville Rankings in North Carolina

#516 Population of 772
#495 Median Income of 716
#619 Education of 772
#312 Home Value of 725

Other Cities in Mitchell County

CityPopulationMedian IncomePovertyHome Value
Spruce Pine 2,398 $42,098 22.5% $207,500

Cities Similar to Bakersville

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Wagram754$52,159$111,70018.0%9.6%
Black Creek749$53,750$112,2005.6%20.2%
Rodanthe781N/AN/A28.2%2.3%
Jackson777$49,048N/A20.5%16.7%
Alliance709$50,341$142,40019.0%18.1%

A note before these figures: with a population of 747, Bakersville's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Bakersville is a small community located in North Carolina, within Mitchell County. The total population is 747. It ranks as the 516th most populous out of 772 Census-designated places in North Carolina.

Age Demographics

The median age in Bakersville is 48.3 years. This is 24% higher than the state median of 39.1 years. Only 14.2% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Bakersville is $50,263. This is 31% lower than the state median of $72,388. It is also 38% lower than the national median of $80,734. The poverty rate stands at 22.4%. This is 72% higher than the state poverty rate of 13.0%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 25.5%. This is 439% higher than the state rate of 4.7%. The median home value is $231,300. Housing costs are 20% lower than the state median of $288,900. The home-value-to-income ratio is 4.6x. 62.4% of occupied housing units are owner-occupied. This homeownership rate is 6% lower than the state average of 66.6%.

Race & Ethnicity

Bakersville has a predominantly White (non-Hispanic) population, comprising 94.8% of all residents. Black or African American residents account for 2.3%. The White (non-Hispanic) population is significantly higher than the state average (94.8% vs 60.0%). The Black or African American population (2.3%) is well below the state average of 20.0%. The Hispanic or Latino population (2.0%) is well below the state average of 11.3%.

Education

11.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 67% lower than the state rate of 35.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 86.6%.

Data Sources & Methodology

All demographic data for Bakersville, North Carolina is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against North Carolina state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 772 Census-designated places in North Carolina. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all North Carolina city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Bakersville, North Carolina?

Bakersville, North Carolina has a population of 747 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Bakersville, NC?

The median household income in Bakersville is $50,263, which is 38% lower than the national median of $80,734.

What is the poverty rate in Bakersville, NC?

The poverty rate in Bakersville is 22.4%. This means approximately 167 residents live below the federal poverty line.

What is the racial makeup of Bakersville, North Carolina?

Bakersville's population is 94.8% White, 2.3% Black, 2.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Bakersville, NC?

The median home value in Bakersville is $231,300. The home-value-to-income ratio is 4.6x.

How educated is Bakersville, North Carolina?

11.7% of adults (25+) in Bakersville hold a bachelor's degree or higher, and 7.7% hold a graduate or professional degree.