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Waxhaw, North Carolina Demographics & Population 2026

During the 2020–2024 ACS period, Waxhaw, North Carolina had a total population of 22,275, the 44th largest town in North Carolina, with a median household income of $131,894, which is 82% higher than the state average. The poverty rate is 4.5%.

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

Key Takeaways

Waxhaw Quick Facts

Population 22,275
Median Household Income $131,894
Median Home Value $549,400
Poverty Rate 4.5%
Unemployment Rate 4.9%
Median Age 36.2 years
Homeownership Rate 83.0%
Affordability Ratio 4.2x
Bachelor's Degree or Higher 55.0%
High School Graduation Rate 96.8%
Diversity Index 52/100
Population 22,275 44th of 772
Median Income $131,894 top 10%
Poverty Rate 4.5% 64% lower than national
Median Home Value $549,400 top 10%

How Waxhaw 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
Population21,56522,275+3.3%
Median household income$128,115$131,894+2.9%
Median home value$506,300$549,400+8.5%

How Waxhaw Compares

Economy & Housing

Household Income Distribution

Under $25K 3.9%
$25K-$50K 8.3%
$50K-$100K 23.9%
$100K+ 64.0%
Detailed income brackets
Under $10K
1.5%
$10K-$15K
0.6%
$15K-$20K
0.9%
$20K-$25K
0.9%
$25K-$30K
1.1%
$30K-$35K
4.2%
$35K-$40K
0.5%
$40K-$45K
1.6%
$45K-$50K
0.9%
$50K-$60K
3.4%
$60K-$75K
7.3%
$75K-$100K
13.2%
$100K-$125K
11.7%
$125K-$150K
8.5%
$150K-$200K
16.4%
$200K+
27.3%

Employment

4.9% Unemployment Rate State: 4.7%|National: 5.2%
69.4% Labor Force Participation

Housing Overview

Owner 83.0%
Renter 17.0%
Affordability Index Moderate
4.2x home value to income ratio
Median gross rent $1,840/mo 16.7% of median household income annually

People & Demographics

Diversity Index

52out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 58 | National average: 61

Education

Waxhaw Rankings in North Carolina

#44 Population of 772
#24 Median Income of 716
#67 Education of 772
#34 Home Value of 725

Other Cities in Union County

CityPopulationMedian IncomePovertyHome Value
Indian Trail 42,036 $108,483 5.3% $385,000
Monroe 36,759 $72,540 13.3% $309,100
Wesley Chapel 9,090 $132,188 4.5% $535,500
Unionville 6,954 $96,028 9.4% $336,200
Marvin 6,692 $250,000+ 7.6% $906,000
Wingate 4,425 $63,068 17.0% $229,800
Fairview 3,619 $98,808 1.8% $382,300
Lake Park 3,431 $66,411 8.0% $334,500
Mineral Springs 3,314 $91,500 4.2% $389,900
Marshville 2,615 $57,837 14.7% $172,300

Cities Similar to Waxhaw

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Harrisburg19,633$148,254$478,00056.5%3.8%
Knightdale20,214$103,220$380,10048.9%5.3%
Clemmons21,871$87,655$335,80049.4%6.5%
Carrboro21,204$85,743$539,40069.9%12.2%
Pinehurst18,256$109,802$476,60060.9%4.3%

Population Overview

Waxhaw is a small city located in North Carolina, within Union County. The total population is 22,275. It ranks as the 44th most populous out of 772 Census-designated places in North Carolina.

Age Demographics

The median age in Waxhaw is 36.2 years. This is 7% lower than the state median of 39.1 years. With 33.1% of the population under 18, Waxhaw has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Waxhaw is $131,894. This is 82% higher than the state median of $72,388. It is also 63% higher than the national median of $80,734. The poverty rate stands at 4.5%. This is 65% lower than the state poverty rate of 13.0%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 4.9%. This is 3% higher than the state rate of 4.7%. The median home value is $549,400. Housing costs are 90% higher than the state median of $288,900. The home-value-to-income ratio is 4.2x. 83.0% of occupied housing units are owner-occupied. This homeownership rate is 25% higher than the state average of 66.6%.

Race & Ethnicity

The largest racial or ethnic group in Waxhaw is White (non-Hispanic), making up 67.5% of the population. Hispanic or Latino residents account for 11.8%. The Black or African American population (8.1%) is well below the state average of 20.0%. The Asian population is significantly higher than the state average (7.4% vs 3.3%).

Education

55.0% of residents aged 25 and older hold a bachelor's degree or higher. This places Waxhaw in the top 10% of all cities in the state for educational attainment. This is 54% higher 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 96.8%. Notably, 20.5% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Waxhaw, 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 Waxhaw, North Carolina?

Waxhaw, North Carolina has a population of 22,275 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Waxhaw, NC?

The median household income in Waxhaw is $131,894, which is 63% higher than the national median of $80,734.

What is the poverty rate in Waxhaw, NC?

The poverty rate in Waxhaw is 4.5%. This means approximately 1,000 residents live below the federal poverty line.

What is the racial makeup of Waxhaw, North Carolina?

Waxhaw's population is 67.5% White, 8.1% Black, 11.8% Hispanic/Latino, and 7.4% Asian.

What is the median home value in Waxhaw, NC?

The median home value in Waxhaw is $549,400. The home-value-to-income ratio is 4.2x.

How educated is Waxhaw, North Carolina?

55.0% of adults (25+) in Waxhaw hold a bachelor's degree or higher, and 20.5% hold a graduate or professional degree.