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Woodfin, 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
8,048
Population
$71,384
Median Income
$366,700
Home Value
42.4
Median Age

Demographics

Woodfin has a population of 8,048 with a median age of 42.4. Here is the racial and ethnic breakdown of the population:

White
79.1%
Hispanic
8.6%
Asian
5.5%
Black
3.4%
Other
3.4%
Demographic Value
Total Population8,048
Median Age42.4
White79.1%
Black or African American3.4%
Asian5.5%
Hispanic or Latino8.6%
Other / Two or More Races3.4%
Woodfin, North Carolina — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 79.1%Hispanic/Latino: 8.6%Asian: 5.5%Black: 3.4%Other: 3.4%8,048PopulationWhiteWhite79.1%Hispanic/LatinoHispanic/Latino8.6%AsianAsian5.5%BlackBlack3.4%OtherOther3.4%

Income & Economy

The median household income in Woodfin is $71,384, which is 11.4% below the national median of $80,610. The per capita income is $39,349. The poverty rate is 14.1%.

$71,384
Median Household Income
$39,349
Per Capita Income
14.1%
Poverty Rate

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Education

In Woodfin, 90.4% of residents age 25+ have a high school diploma or higher, and 45.9% hold a bachelor's degree or higher (18.4% with a graduate or professional degree).

HS Diploma+
90.4%
Bachelor's+
45.9%
Graduate+
18.4%
Education Level % of Adults (25+)
High School Diploma or Higher90.4%
Bachelor's Degree or Higher45.9%
Graduate or Professional Degree18.4%

Housing

The median home value in Woodfin is $366,700, above the national median of $303,400. The median monthly rent is $1,546. The homeownership rate is 53.7%.

$366,700
Median Home Value
$1,546/mo
Median Rent
53.7%
Homeownership Rate
Housing Metric Value
Median Home Value$366,700
Median Monthly Rent$1,546
Homeownership Rate53.7%
Vacancy Rate25.6%

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 Woodfin, North Carolina?
The population of Woodfin, North Carolina is 8,048 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Woodfin, North Carolina?
The median household income in Woodfin, North Carolina is $71,384. This is 11.4% below the national median of $80,610.
What is the median home value in Woodfin, North Carolina?
The median home value in Woodfin, North Carolina is $366,700. The median monthly rent is $1,546.
What percentage of people in Woodfin have a college degree?
In Woodfin, North Carolina, 45.9% of adults age 25 and older hold a bachelor's degree or higher, and 90.4% have a high school diploma or higher.
Is Woodfin, North Carolina an affordable place to live?
The home price-to-income ratio in Woodfin, North Carolina is 5.1x (median home value $366,700 vs. median income $71,384), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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