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Woodfin, North Carolina Demographics & Population 2026

During the 2020–2024 ACS period, Woodfin, North Carolina had a total population of 8,048, the 119th largest town in North Carolina, with a median household income of $71,384, which is 1% lower than the state average. The poverty rate is 14.1%.

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

Woodfin Quick Facts

Population 8,048
Median Household Income $71,384
Median Home Value $366,700
Poverty Rate 14.1%
Unemployment Rate 3.0%
Median Age 42.4 years
Homeownership Rate 53.7%
Affordability Ratio 5.1x
Bachelor's Degree or Higher 45.9%
High School Graduation Rate 90.4%
Diversity Index 40/100
Population 8,048 119th of 772
Median Income $71,384 above average
Poverty Rate 14.1% 13% higher than national
Median Home Value $366,700 top 20%

How Woodfin 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
Population7,9578,048+1.1%
Median household income$62,759$71,384+13.7%
Median home value$326,600$366,700+12.3%

How Woodfin Compares

Economy & Housing

Household Income Distribution

Under $25K 12.5%
$25K-$50K 23.0%
$50K-$100K 32.6%
$100K+ 31.9%
Detailed income brackets
Under $10K
4.1%
$10K-$15K
1.1%
$15K-$20K
2.5%
$20K-$25K
4.8%
$25K-$30K
3.9%
$30K-$35K
4.5%
$35K-$40K
1.9%
$40K-$45K
6.9%
$45K-$50K
5.8%
$50K-$60K
8.8%
$60K-$75K
7.3%
$75K-$100K
16.5%
$100K-$125K
12.5%
$125K-$150K
4.9%
$150K-$200K
5.5%
$200K+
9.0%

Employment

3.0% Unemployment Rate State: 4.7%|National: 5.2%
56.2% Labor Force Participation

Housing Overview

Owner 53.7%
Renter 46.3%
Affordability Index Expensive
5.1x home value to income ratio
Median gross rent $1,546/mo 26.0% of median household income annually

People & Demographics

Diversity Index

40out of 100
Moderate Diversity

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

State average: 58 | National average: 61

Education

Woodfin Rankings in North Carolina

#119 Population of 772
#251 Median Income of 716
#114 Education of 772
#139 Home Value of 725

Other Cities in Buncombe County

CityPopulationMedian IncomePovertyHome Value
Asheville 94,535 $71,102 14.2% $440,000
Black Mountain 8,513 $77,042 5.9% $358,900
Swannanoa 6,901 $69,760 16.8% $287,500
Weaverville 4,687 $88,221 4.2% $463,700
Royal Pines 4,325 $107,885 1.5% $400,200
Avery Creek 2,887 $113,261 1.4% $412,900
Emma 2,657 $43,907 11.3% $92,300
Fairview 2,298 $92,132 25.1% $439,600
Biltmore Forest 1,587 $169,167 2.0% $1,333,300
Bent Creek 1,384 $72,176 15.6% $404,000

Cities Similar to Woodfin

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Etowah7,968$72,596$338,10039.0%14.4%
Butner8,065$74,739$231,10027.0%15.0%
Fletcher8,098$75,272$331,10039.8%7.6%
Black Mountain8,513$77,042$358,90056.3%5.9%
Conover8,580$65,972$271,30023.8%15.7%

Population Overview

Woodfin is a small city located in North Carolina, within Buncombe County. The total population is 8,048. It ranks as the 119th most populous out of 772 Census-designated places in North Carolina.

Age Demographics

The median age in Woodfin is 42.4 years. This is 8% higher than the state median of 39.1 years. Only 12.8% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Woodfin is $71,384. This is 1% lower than the state median of $72,388. It is also 12% lower than the national median of $80,734. The poverty rate stands at 14.1%. This is 8% higher than the state poverty rate of 13.0%. The unemployment rate is 3.0%. This is 36% lower than the state rate of 4.7%. The median home value is $366,700. Housing costs are 27% higher than the state median of $288,900. The home-value-to-income ratio is 5.1x. 53.7% of occupied housing units are owner-occupied. This homeownership rate is 19% lower than the state average of 66.6%.

Race & Ethnicity

The largest racial or ethnic group in Woodfin is White (non-Hispanic), making up 76.2% of the population. Hispanic or Latino residents account for 8.6%. The Black or African American population (3.4%) is well below the state average of 20.0%. The Asian population is significantly higher than the state average (5.5% vs 3.3%).

Education

45.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 29% 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 90.4%. Notably, 18.4% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Woodfin, 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 Woodfin, North Carolina?

Woodfin, North Carolina has a population of 8,048 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Woodfin, NC?

The median household income in Woodfin is $71,384, which is 12% lower than the national median of $80,734.

What is the poverty rate in Woodfin, NC?

The poverty rate in Woodfin is 14.1%. This means approximately 1,041 residents live below the federal poverty line.

What is the racial makeup of Woodfin, North Carolina?

Woodfin's population is 76.2% White, 3.4% Black, 8.6% Hispanic/Latino, and 5.5% Asian.

What is the median home value in Woodfin, NC?

The median home value in Woodfin is $366,700. The home-value-to-income ratio is 5.1x.

How educated is Woodfin, North Carolina?

45.9% of adults (25+) in Woodfin hold a bachelor's degree or higher, and 18.4% hold a graduate or professional degree.