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Drexel, North Carolina

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
2,146
Population
$61,992
Median Income
$214,400
Home Value
47.2
Median Age

Demographics

Drexel has a population of 2,146 with a median age of 47.2. Here is the racial and ethnic breakdown of the population:

White
80.3%
Hispanic
9.0%
Other
6.4%
Asian
2.6%
Black
1.7%
Demographic Value
Total Population2,146
Median Age47.2
White80.3%
Black or African American1.7%
Asian2.6%
Hispanic or Latino9.0%
Other / Two or More Races6.4%
Drexel, North Carolina — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 80.3%Hispanic/Latino: 9.0%Other: 6.4%Asian: 2.6%Other: 1.7%2,146PopulationWhiteWhite80.3%Hispanic/LatinoHispanic/Latino9.0%OtherOther6.4%AsianAsian2.6%OtherOther1.7%

Income & Economy

The median household income in Drexel is $61,992, which is 23.1% below the national median of $80,610. The per capita income is $32,950. The poverty rate is 11.7%.

$61,992
Median Household Income
$32,950
Per Capita Income
11.7%
Poverty Rate

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Education

In Drexel, 84.2% of residents age 25+ have a high school diploma or higher, and 23.2% hold a bachelor's degree or higher (8.5% with a graduate or professional degree).

HS Diploma+
84.2%
Bachelor's+
23.2%
Graduate+
8.5%
Education Level % of Adults (25+)
High School Diploma or Higher84.2%
Bachelor's Degree or Higher23.2%
Graduate or Professional Degree8.5%

Housing

The median home value in Drexel is $214,400, below the national median of $303,400. The median monthly rent is $590. The homeownership rate is 72.0%.

$214,400
Median Home Value
$590/mo
Median Rent
72.0%
Homeownership Rate
Housing Metric Value
Median Home Value$214,400
Median Monthly Rent$590
Homeownership Rate72.0%
Vacancy Rate8.0%

Salaries in North Carolina

Explore salary data for popular occupations in North Carolina:

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Other Cities in North Carolina

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Frequently Asked Questions

What is the population of Drexel, North Carolina?
The population of Drexel, North Carolina is 2,146 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Drexel, North Carolina?
The median household income in Drexel, North Carolina is $61,992. This is 23.1% below the national median of $80,610.
What is the median home value in Drexel, North Carolina?
The median home value in Drexel, North Carolina is $214,400. The median monthly rent is $590.
What percentage of people in Drexel have a college degree?
In Drexel, North Carolina, 23.2% of adults age 25 and older hold a bachelor's degree or higher, and 84.2% have a high school diploma or higher.
Is Drexel, North Carolina an affordable place to live?
The home price-to-income ratio in Drexel, North Carolina is 3.5x (median home value $214,400 vs. median income $61,992), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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