Living in Waxhaw, North Carolina

Cost of living, income, home prices, rent and demographics of Waxhaw · Census data 2020–2024

Waxhaw has 22,275 residents with a median age of 36.2. The median household income is $131,894 (82% higher than the North Carolina median), the median home value is $549,400, the median rent is $1,840/month.

Waxhaw at a glance

Population
22,275
Median age
36.2State: 39.1
Median household income
$131,894State: $72,388
Median home value
$549,400State: $288,900
Median rent
$1,840/moState: $1,228
Homeowners
83%
Bachelor's degree or higher
55%
Average commute
32 min

Is Waxhaw a good place to live?

Pros: Median household income 82% higher than the North Carolina median; a poverty rate of 4.5%.

Cons: Home values 90% higher than the state median; an average commute of 32 minutes; unemployment of 4.9%.

The weather is best in April–May and September–October.

Cost of living in Waxhaw

Housing is the biggest part of the cost of living. In Waxhaw the median home value is $549,400, 65% higher than the U.S. median. Renters pay a median of $1,840 per month, which is 24% of household income. Homeowners with a mortgage pay $2,351 a month in housing costs.

Median home value

Waxhaw$549,400
North Carolina$288,900
United States$332,700

Median monthly rent

Waxhaw$1,840
North Carolina$1,228
United States$1,413

Waxhaw median household income

The median household income in Waxhaw is $131,894 and the income per person is $48,910. 4.5% of residents live below the poverty line (North Carolina: 13%).

Median household income

Waxhaw$131,894
North Carolina$72,388
United States$80,734

Housing in Waxhaw: homes for sale and rent

Housing units
7,084
Owner-occupied
83%
Renter-occupied
17%
Vacant
3.8%Includes seasonal homes
Median year built
2010
Average household size
3.26

Waxhaw demographics

Population
22,275
Median age
36.2
Under 18
33.1%
65 and older
8.4%
Households
6,815
Foreign-born
15.6%
Veterans
4.9%Adults 18+

Race and ethnicity

White70.7%
Hispanic or Latino11.8%
Black9.3%
Asian7.4%

Hispanic or Latino can be of any race. Population history of Waxhaw ›

Education in Waxhaw

55% of adults 25 and older in Waxhaw have a bachelor's degree or higher (North Carolina: 35.7%), and 20.5% have a graduate or professional degree.

Bachelor's degree or higher

Waxhaw55%
North Carolina35.7%
United States35.7%

Jobs and commute in Waxhaw

Unemployment rate
4.9%State: 4.7%
Average commute
32 minState: 25 min
Work from home
27.7%
Drive alone
62.5%
Public transit
0.2%
Walk to work
0.6%
Homes with broadband
97.1%

Waxhaw vs nearby towns

TownPopulationMedian incomeHome valueRent
Waxhaw22,275$131,894$549,400$1,840
Mineral Springs3,314$91,500$389,900$1,340
JAARS715$65,777$9,999—
Wesley Chapel9,090$132,188$535,500$3,191
Weddington13,805$190,766$824,100$1,927
Marvin6,692$250,001$906,000—
Van Wyck951$38,250$279,200$850
Unity244$48,194$193,100—
Indian Trail42,036$108,483$385,000$2,077

More for people moving to Waxhaw

Waxhaw ZIP code ›Weather and climate ›

Living in Waxhaw: FAQ

What is the median household income in Waxhaw, NC?

The median household income in Waxhaw is $131,894, 82% higher than the North Carolina median of $72,388 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Waxhaw?

The median home value in Waxhaw is $549,400, compared with $288,900 in North Carolina.

How much is rent in Waxhaw?

The median gross rent in Waxhaw is $1,840 per month, about 24% of household income.

Is Waxhaw, NC a good place to live?

Pluses: median household income 82% higher than the North Carolina median; a poverty rate of 4.5%. Minuses: home values 90% higher than the state median; an average commute of 32 minutes; unemployment of 4.9%.

What is the median age in Waxhaw?

The median age in Waxhaw is 36.2 years (North Carolina: 39.1).

How long is the commute in Waxhaw?

The average commute to work in Waxhaw is 32 minutes; 27.7% of workers work from home.

What is the unemployment rate in Waxhaw?

The unemployment rate in Waxhaw is 4.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Waxhaw?

55% of adults in Waxhaw have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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