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. 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 $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.
A relatively large number of people in Waxhaw telecommute to their jobs. Overall, about 25.64% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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.
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.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Waxhaw. 53.83% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
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.