Waxhaw is a medium-sized town located in the state of North Carolina. With a population of 23,073 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 $128,115.00.

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.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 27.89% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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.

One downside of living in Waxhaw is that it can take a long time to commute to work. In Waxhaw, the average commute to work is 32.19 minutes, which is quite a bit higher than the national average.

If knowledge is power, Waxhaw is a pretty powerful place. 54.93% of the adults in Waxhaw have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.

The per capita income in Waxhaw in 2022 was $47,224, which is wealthy relative to North Carolina and the nation. This equates to an annual income of $188,896 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 Asian. Waxhaw also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 11.92% of the town’s residents. Important ancestries of people in Waxhaw include German, Irish, English, Italian, and Scottish.

In addition, Waxhaw has a lot of people living here who were born outside of the US (16.32%).

The most common language spoken in Waxhaw is English. Other important languages spoken here include Spanish and German/Yiddish.