Waxhaw is a medium-sized town located in the state of North Carolina. With a population of 22,533 people and nine associated neighborhoods, Waxhaw is the 48th largest community in North Carolina. Waxhaw has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Waxhaw, where the median household income is $124,711.00.
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.
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.
Of important note, Waxhaw is also a town of artists. Waxhaw has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Waxhaw’s character.
Telecommuters are a relatively large percentage of the workforce: 25.64% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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.
Waxhaw is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Waxhaw’s overall crime rate is lower than average for the country.
In Waxhaw, however, the average commute to work is quite long. On average, people spend 32.24 minutes each day getting to work, which is significantly higher than the national average.
If knowledge is power, Waxhaw is a pretty powerful place. 53.83% 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 2022 was $45,502, which is wealthy relative to North Carolina and the nation. This equates to an annual income of $182,008 for a family of four.
Waxhaw is a very 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. Waxhaw also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 10.15% of the town’s residents. Important ancestries of people in Waxhaw include German, Irish, English, Italian, and Polish.
The most common language spoken in Waxhaw is English. Other important languages spoken here include Spanish and German/Yiddish.