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Demographics
Population
Median Income
Racial Distributions
Zip code 28173 in Waxhaw, North Carolina, is classified as a "White Majority" community with moderate diversity as of 2022. The area has a population of 63,156 and a median household income of $137,589, which is above the national average. This suburban community has experienced significant growth and demographic changes over the past decade.
Throughout the period from 2013 to 2022, the community has maintained a "White Majority" status. However, there is a clear trend of decreasing white population percentage, from 84% in 2013 to 72% in 2022. The area is showing signs of transitioning towards "Moderate Diversity". The percentages of Asian, Black, and Hispanic populations have all increased steadily over the decade.
The consistent increase in minority populations, particularly Asian (from 3% to 8%) and Black (from 7% to 9%), indicates that Waxhaw is becoming a "Transitional Community". This shift suggests a trend towards greater diversity in the coming years.
The median household income has increased from $116,045 in 2013 to $137,589 in 2022, an 18.6% increase. This increase outpaces inflation and indicates growing prosperity in the area. The population has grown from 46,025 in 2013 to 63,156 in 2022, a 37.2% increase. This rapid growth likely correlates with the area's economic prosperity and increasing appeal to diverse populations.
The simultaneous increase in both income and diversity suggests that the area is attracting affluent minorities, potentially professionals in high-paying industries. The demographic shifts in Waxhaw align with broader national trends of increasing diversity in suburban areas, particularly those near major metropolitan centers.
The high median income and its growth rate suggest that Waxhaw is likely outperforming both state and national averages in terms of economic prosperity. The rapid population growth indicates that Waxhaw is likely part of an expanding metropolitan area, possibly benefiting from urban sprawl and migration patterns favoring suburban living.
Waxhaw (zip code 28173) represents an affluent, growing suburban community that is gradually transitioning from a predominantly white area to a more diverse locality. The simultaneous increase in diversity and median income suggests a pattern of selective migration, where the area is attracting prosperous individuals from various racial backgrounds. If these trends continue, Waxhaw may evolve into a "Moderate Diversity" or "High Diversity" community in the coming decades.