What percentage of people rent in Waxhaw, NC?

17.0% (±4.4 points) of the occupied homes in Waxhaw, NC are rented (2020–2024 American Community Survey).

That is 1,159 renting households against 5,656 that own their home.

In Waxhaw, the share of households that rent went from 14.8% in 2015–2019 to 17.0% in 2020–2024 (+2.2 percentage points), not a measurable change.

Figures last updated on .

Households that rent
17.0% (±4.4 points)
Renting households
1,159 (±307)
Median renter income
$92,550 (±$5,723)

Who rents and who owns in Waxhaw

Tenure, estimate (90% margin of error)
WaxhawUnion CountyNorth CarolinaUnited States
Renter-occupied share17.0% (±4.4 points)18.4% (±1.1 points)33.4% (±0.2 points)34.8%
Renting households1,159 (±307)15,459 (±958)1,428,852 (±8,279)45,017,354
Owning households5,656 (±373)68,778 (±1,053)2,853,493 (±14,473)84,210,142
Average renter household size2.8 (±0.4)2.8 (±0.1)2.3 (±0.0)2.3
Average owner household size3.4 (±0.1)3.0 (±0.0)2.5 (±0.0)2.6
Median renter household income$92,550 (±$5,723)$65,360 (±$6,662)$48,010 (±$418)$52,966
Median owner household income$148,438 (±$16,920)$114,511 (±$3,140)$88,911 (±$521)$100,009

In Waxhaw, the renter share is not measurably different from Union County (18.4%).

It is also lower than in North Carolina (33.4%).

It is lower than the national figure (34.8%).

In Union County, Waxhaw ranks 6 of 14 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 501 of 663.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Waxhaw has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent14.8% (±3.1 points)17.0% (±4.4 points)+2.2 percentage pointsNot a measurable change
Median gross rent$1,446 (±$247)$1,840 (±$97)+27.2%No measurable change after inflation
Median household income$111,642 (±$10,564)$131,894 (±$11,510)+18.1%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Waxhaw

Nearest places with a published estimate, compared with Waxhaw
PlaceDistanceHouseholds that rentCompared with this place
Waxhaw—17.0% (±4.4 points)—
Mineral Springs3.1 mi15.4% (±6.2 points)Not measurably different
Wesley Chapel5.4 mi1.9% (±1.3 points)Lower
Weddington5.9 mi4.9% (±2.6 points)Lower
Marvin6.1 mi0.5% (±0.8 points)Lower
Van Wyck7.6 mi7.9% (±6.7 points)Lower
Indian Trail10 mi21.9% (±2.9 points)Not measurably different
Monroe11 mi38.4% (±3.9 points)Higher
Catawba11 mi37.1% (±22.8 points)Not measurably different

Nearby places with a measurably lower figure: Wesley Chapel, NC (1.9%), Weddington, NC (4.9%), Marvin, NC (0.5%).

Nearby places with a measurably higher figure: Monroe, NC (38.4%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Union County, place by place

RankPlaceHouseholds that rent
1Marshville43.2% (±11.3 points)
2Wingate39.1% (±10.1 points)
3Monroe38.4% (±3.9 points)
4 (tie)Indian Trail21.9% (±2.9 points)
4 (tie)Lake Park21.9% (±7.0 points)
6Waxhaw17.0% (±4.4 points)
7Mineral Springs15.4% (±6.2 points)
8Hemby Bridge15.0% (±5.9 points)
9Unionville12.8% (±4.7 points)
10Stallings12.5% (±3.4 points)
11Fairview8.8% (±5.5 points)
12Weddington4.9% (±2.6 points)

Showing 12 of 14 places in Union County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Waxhaw

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Questions about Waxhaw

How many renters are there in Waxhaw?

Waxhaw has an estimated 1,159 (±307) renting households, 17.0% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Waxhaw?

In Waxhaw, the share of households that rent went from 14.8% in 2015–2019 to 17.0% in 2020–2024 (+2.2 percentage points), not a measurable change.

How big are renting households in Waxhaw?

A renting household in Waxhaw has 2.8 people on average, against 3.4 in an owned home.

How much do renters earn in Waxhaw?

The median renting household in Waxhaw, NC has an income of $92,550 (±$5,723) a year, against $148,438 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Waxhaw town, North Carolina (place:71460, in state:37).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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