Most Expensive Waxhaw Neighborhoods
Waxhaw is a somewhat small town located in the state of North Carolina. With a population of 12,750 people and four constituent neighborhoods, Waxhaw is the 90th largest community in North Carolina. Much of the housing stock in Waxhaw was built relatively recently. The construction of new real estate can often be taken as an indication that the local Waxhaw economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Waxhaw, where the median household income is $74,650.
Waxhaw home prices are not only among the most expensive in North Carolina, but Waxhaw real estate also consistently ranks among the most expensive in America.
Waxhaw is a decidedly white-collar town, with fully 87.82% of the workforce employed in white-collar jobs, well above the national average. Overall, Waxhaw is a town of sales and office workers, professionals and managers. There are especially a lot of people living in Waxhaw who work in sales jobs (16.67%), office and administrative support (13.27%) and management occupations (12.81%).
Also of interest is that Waxhaw has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 11.50% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Waxhaw is a great place for families with children to consider. First of all, many other families with children live here, making Waxhaw a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Waxhaw has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Waxhaw’s overall crime rate is lower than average for the country.
One downside of living in Waxhaw is that it can take a long time to commute to work. In Waxhaw, the average commute to work is 33.20 minutes, which is quite a bit higher than the national average.
If knowledge is power, Waxhaw is a pretty powerful place. 53.64% of the adults in Waxhaw have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Waxhaw in 2010 was $28,411, which is wealthy relative to North Carolina, and upper middle income relative to the rest of the US. This equates to an annual income of $113,644 for a family of four. However, Waxhaw contains both very wealthy and poor people as well.
Waxhaw is a somewhat ethnically-diverse town. The people who call Waxhaw home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Waxhaw residents report their race to be White, followed by Black or African-American. Important ancestries of people in Waxhaw include German, Irish, English, Italian, Polish and Scots-Irish.
The most common language spoken in Waxhaw is English. Some people also speak Spanish.
|NUMBER OF HOMES AND APARTMENTS||3,522|
|WAXHAW HOME OWNERSHIP|
|% OWNER OCCUPIED||86.40%|
|% RENTER OCCUPIED||13.60%|
|TYPE OF WAXHAW HOMES|
|SINGLE FAMILY DETACHED||93.06%|
|ROWHOUSES AND ATTACHED HOMES||2.91%|
|SMALL APARTMENT BUILDINGS||0.19%|
|COMPLEXES OR HIGH RISE APARTMENTS||1.52%|
|SIZE OF WAXHAW HOMES|
|5 OR MORE BEDROOMS||13.08%|
|AGE OF WAXHAW HOMES|
|NEWER HOMES (2000 OR LATER)||70.75%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||23.67%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||5.23%|
|HISTORIC (1939 OR BEFORE)||0.35%|
|WAXHAW REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$310,846|
|MEDIAN RENTAL PRICE||$1,387|
|HOME VALUE RANGE|
|$0 - $59,000||0.56%|
|$59,001 - $118,000||4.20%|
|$118,001 - $235,000||36.56%|
|$235,001 - $353,000||26.52%|
|$353,001 - $470,000||21.04%|
|$470,001 - $588,000||9.49%|
|$588,001 - $881,000||1.64%|
|$881,001 - $1,175,000||0.00%|
|PEOPLE OF WAXHAW||DETAILS|
|UNDER 5 YEARS||9.40%|
|5 TO 17||24.02%|
|18 TO 24||5.57%|
|25 TO 34||9.65%|
|35 TO 54||33.54%|
|55 TO 64||8.49%|
|65 YEARS AND OVER||9.33%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||96.10%|
|MEDIAN HOUSEHOLD INCOME||$74,650|
|PER CAPITA INCOME||$28,411|
|INDIVIDUALS BELOW POVERTY LEVEL||5.53%|
|INDUSTRIES PEOPLE WORK IN||Professional, scientific, and technical services (12.94%)
Information Technology (2.36%)
Real estate (2.17%)
|BLACK OR AFRICAN AMERICAN||11.63%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.00%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||0.17%|
|TWO OR MORE RACES||2.12%|
|HISPANIC OR LATINO (OF ANY RACE)||6.59%|
|ETHNICITIES PRESENT||German (14.00%)
|LANGUAGES SPOKEN||English (90.77%)
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