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Drexel, North Carolina Demographics & Population 2026

During the 2020–2024 ACS period, Drexel, North Carolina had a total population of 2,146, the 331st largest town in North Carolina, with a median household income of $61,992, which is 14% lower than the state average. The poverty rate is 11.7%.

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

Key Takeaways

Drexel Quick Facts

Population 2,146
Median Household Income $61,992
Median Home Value $214,400
Poverty Rate 11.7%
Unemployment Rate 13.7%
Median Age 47.2 years
Homeownership Rate 72.0%
Affordability Ratio 3.5x
Bachelor's Degree or Higher 23.2%
High School Graduation Rate 84.2%
Diversity Index 34/100
Population 2,146 331st of 772
Median Income $61,992 average
Poverty Rate 11.7% 6% lower than national
Median Home Value $214,400 average

How Drexel 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
Population1,8622,146+15.3%
Median household income$58,824$61,992+5.4%
Median home value$204,600$214,400+4.8%

How Drexel Compares

Economy & Housing

Household Income Distribution

Under $25K 24.6%
$25K-$50K 18.4%
$50K-$100K 29.7%
$100K+ 27.3%
Detailed income brackets
Under $10K
6.0%
$10K-$15K
2.7%
$15K-$20K
4.5%
$20K-$25K
11.5%
$25K-$30K
2.0%
$30K-$35K
6.5%
$35K-$40K
1.2%
$40K-$45K
6.7%
$45K-$50K
2.1%
$50K-$60K
4.0%
$60K-$75K
19.3%
$75K-$100K
6.4%
$100K-$125K
9.9%
$125K-$150K
6.7%
$150K-$200K
8.3%
$200K+
2.3%

Employment

13.7% Unemployment Rate State: 4.7%|National: 5.2%
53.8% Labor Force Participation

Housing Overview

Owner 72.0%
Renter 28.0%
Affordability Index Affordable
3.5x home value to income ratio
Median gross rent $590/mo 11.4% of median household income annually

People & Demographics

Diversity Index

34out of 100
Low Diversity

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

State average: 58 | National average: 61

Education

Drexel Rankings in North Carolina

#331 Population of 772
#337 Median Income of 716
#370 Education of 772
#352 Home Value of 725

Other Cities in Burke County

CityPopulationMedian IncomePovertyHome Value
Morganton 17,646 $51,355 25.7% $221,700
Valdese 4,704 $50,740 12.8% $209,800
Connelly Springs 2,427 $54,620 9.2% $206,500
Salem 2,377 $68,988 19.1% $159,100
Hildebran 2,207 $55,703 21.1% $193,900
Icard 2,153 $44,641 18.4% $141,800
Glen Alpine 1,991 $69,697 11.0% $172,800
Rutherford College 1,374 $67,500 7.7% $185,600
Rhodhiss 1,166 $63,125 10.4% $134,700

Cities Similar to Drexel

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Navassa2,039$62,000$187,10016.7%9.2%
Grandy2,245$62,847$306,00022.6%6.9%
Maggie Valley2,112$68,125$320,50030.9%14.6%
Hildebran2,207$55,703$193,90013.7%21.1%
Cherokee2,059$55,972$189,90024.5%21.3%

Population Overview

Drexel is a small community located in North Carolina, within Burke County. The total population is 2,146. It ranks as the 331st most populous out of 772 Census-designated places in North Carolina.

Age Demographics

The median age in Drexel is 47.2 years. This is 21% higher than the state median of 39.1 years.

Economy, Income & Housing

The median household income in Drexel is $61,992. This is 14% lower than the state median of $72,388. It is also 23% lower than the national median of $80,734. The poverty rate stands at 11.7%. This is 10% lower than the state poverty rate of 13.0%. The unemployment rate is 13.7%. This is 189% higher than the state rate of 4.7%. The median home value is $214,400. Housing costs are 26% lower than the state median of $288,900. The home-value-to-income ratio is 3.5x. 72.0% of occupied housing units are owner-occupied. This homeownership rate is 8% higher than the state average of 66.6%.

Race & Ethnicity

The largest racial or ethnic group in Drexel is White (non-Hispanic), making up 80.3% of the population. Hispanic or Latino residents account for 9.0%. The Black or African American population (1.7%) is well below the state average of 20.0%.

Education

23.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 35% 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 84.2%.

Data Sources & Methodology

All demographic data for Drexel, 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 Drexel, North Carolina?

Drexel, North Carolina has a population of 2,146 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Drexel, NC?

The median household income in Drexel is $61,992, which is 23% lower than the national median of $80,734.

What is the poverty rate in Drexel, NC?

The poverty rate in Drexel is 11.7%. This means approximately 239 residents live below the federal poverty line.

What is the racial makeup of Drexel, North Carolina?

Drexel's population is 80.3% White, 1.7% Black, 9.0% Hispanic/Latino, and 2.6% Asian.

What is the median home value in Drexel, NC?

The median home value in Drexel is $214,400. The home-value-to-income ratio is 3.5x.

How educated is Drexel, North Carolina?

23.2% of adults (25+) in Drexel hold a bachelor's degree or higher, and 8.5% hold a graduate or professional degree.