Income & Economy in Waxhaw, NC

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$128,115

+75% vs national

Per Capita Income

$47,224

+27% vs national

Poverty Rate

4.3%

-68% vs national

Gini Index

0.3730

0 = perfect equality

Unemployment

3.6%

-32% vs national

SNAP Recipients

4.8%

of households

How Waxhaw Compares

Source: Census ACS (2023)

Waxhaw vs Similar Cities

Source: Census ACS (2023)

Compared to cities with 10,000 - 25,000 residents. Waxhaw is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Waxhaw. The median household income here is $128,115.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
4.4%
$25-50K
8.1%
$50-75K
13.7%
$75-100K
14.5%
$100-150K
17.0%
$150-200K
14.4%
$200K+
27.8%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

3.6%

-39% vs NC avg

Labor Force

10,775

Employed

10,382

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

32.9%

of adults 25+

High School Diploma+

43.2%

of adults 25+

Median Age

36.9

Work from Home

27.9%

of workers

The median household income in Waxhaw, NC is $128,115, which is 75.0% above the national average of $73,224. Per capita income is $47,224. The poverty rate of 4.3% is lower than the NC state average of 16.0%. The Gini index of income inequality is 0.3730, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 3.6%, compared to the state average of 5.8%. 32.9% of adults hold a bachelor's degree or higher.