Being a small town, Taylorsville does not have a public transit system used by locals to get to and from work.

The education level of Taylorsville citizens, measured as those with bachelor's degrees or advanced degrees, is similar to the national average for all American cities and towns. 17.91% of adults 25 and older in Taylorsville have a college degree.

The per capita income in Taylorsville in 2018 was $26,398, which is middle income relative to North Carolina, and lower middle income relative to the rest of the US. This equates to an annual income of $105,592 for a family of four. However, Taylorsville contains both very wealthy and poor people as well.

Taylorsville is a very ethnically-diverse town. The people who call Taylorsville home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Taylorsville residents report their race to be White, followed by Black or African-American. Important ancestries of people in Taylorsville include English, German, Irish, Italian, and Scots-Irish.

The most common language spoken in Taylorsville is English. Other important languages spoken here include Spanish and Miao/Hmong.