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Lake Waccamaw, NC

This is a small community in a single neighborhood. As throughout the site, some neighborhood-level data are reserved for subscribers.





Overview


Lake Waccamaw is a very small town located in the state of North Carolina. With a population of 1,255 people and just one neighborhood, Lake Waccamaw is the 373rd largest community in North Carolina.

Occupations and Workforce

Lake Waccamaw is a decidedly white-collar town, with fully 88.64% of the workforce employed in white-collar jobs, well above the national average. Overall, Lake Waccamaw is a town of professionals, sales and office workers, and service providers. There are especially a lot of people living in Lake Waccamaw who work in healthcare (22.35%), sales jobs (11.93%), and teaching (10.80%).

Setting & Lifestyle

Another notable thing is that Lake Waccamaw is a major vacation destination. Much of the town’s population is seasonal: many people own second homes and only live there part-time, during the vacation season. The effect on the local economy is that many of the businesses are dependent on tourist dollars, and may operate only during the high season. As the vacation season ends, Lake Waccamaw’s population drops significantly, such that year-round residents will notice that the city is a much quieter place to live.

The town is relatively quiet, having a combination of lower population density and few of those groups of people who have a tendency to be noisy. For example, Lake Waccamaw has relatively fewer families with younger children, and/or college students. Combined, this makes Lake Waccamaw a pretty quiet place to live overall. If you like quiet, you will probably enjoy it here.

As is often the case in a small town, Lake Waccamaw doesn't have a public transportation system that people use for their commute.

Demographics

The overall education level of Lake Waccamaw citizens is substantially higher than the typical US community, as 33.49% of adults in Lake Waccamaw have at least a bachelor's degree, and the average American community has 21.84%.

The per capita income in Lake Waccamaw in 2022 was $43,990, 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 $175,960 for a family of four. However, Lake Waccamaw contains both very wealthy and poor people as well.

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

The most common language spoken in Lake Waccamaw is English. Other important languages spoken here include Italian and Spanish.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

Despite all of the residential real estate here in the neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 35.2%, which is higher than 96.5% of all U.S. neighborhoods.

Modes of Transportation

Our research reveals that 89.3% of commuters who live in the neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 95.4% of U.S. neighborhoods.

People

If you're nearing retirement age, or in retirement, the is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 9.0% of retiree-friendly neighborhoods in North Carolina, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in North Carolina.

Diversity

Did you know that the neighborhood has more Native American and Scots-Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 19.9% of this neighborhood's residents have Native American ancestry and 4.7% have Scots-Irish ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the neighborhood in Lake Waccamaw are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 40.4% of the neighborhoods in America. In addition, 6.1% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 61.1% of America's neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the neighborhood, 46.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 20.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.2%), and 13.4% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the neighborhood is English, spoken by 98.4% of households.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the neighborhood in Lake Waccamaw, NC, residents most commonly identify their ethnicity or ancestry as Native American (19.9%). There are also a number of people of English ancestry (10.2%), and residents who report Irish roots (5.1%), and some of the residents are also of Scots-Irish ancestry (4.7%), along with some German ancestry residents (3.5%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (32.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (89.3%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
Average Home Values
Rental Market
Housing Market Details
Neighborhood Setting
Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
School District Enrollment
Educational Expenditures

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