Lower Hominy Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for Lower Hominy, North Carolina? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for Lower Hominy, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in Lower Hominy is $74,405.00.

The chart below shows the average household income by age in Lower Hominy.

  • Under 25
    $61,852.00
  • 25 to 44
    $89,875.00
  • 45 to 64
    $82,537.00
  • 65 and over
    $57,837.00

Average Household Income

A very commonly asked question is "what is the average household income in Lower Hominy, North Carolina?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in Lower Hominy is $106,799.00.

9.49% of households in Lower Hominy, North Carolina are classed as high income households (making $200,000+ per year).

The difference between a median and an average income

The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.

Both metrics are important when looking at the income statistics for Lower Hominy but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high.

Household Income Tiers for Lower Hominy

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Lower Hominy, North Carolina easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

  • Less than $24,999
    16.49%
  • $25,000 to $49,999
    13.73%
  • $50,000 to $74,999
    20.56%
  • $75,000 to $99,999
    13.17%
  • $100,000 to $149,999
    18.00%
  • $150,000 to $199,999
    8.56%
  • $200,000 or more
    9.49%

Per Capita Income

The per capita income is the average income of all people in Lower Hominy, North Carolina. This is calculated by dividing the total income of all people in Lower Hominy by the total number of people in Lower Hominy.

It differs from the average or mean household income because it includes all people in Lower Hominy and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in Lower Hominy, North Carolina is $43,882.00.

Population in Lower Hominy by Race and Ethnicity

The total population in Lower Hominy is currently 11,929 people.

The race and ethnicity of the population in Lower Hominy can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in Lower Hominy, North Carolina.

  • 1.80% White
    209
  • 90.20% Black/African American
    10,763
  • 85.90% Native
    10,242
  • 4.60% Hispanic
    550
  • 1.80% Asian
    210
  • 0.00% Hawaiian/Pacific Islander
    0
  • 0.00% Two or more races
    0
  • 1.50% Other
    177

Population of Lower Hominy by Age and Gender

Another very important demographics statistic for Lower Hominy, North Carolina is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Age Group Male Female
0 to 9 Years 482 456
10 to 19 Years 520 676
20 to 29 Years 942 1,235
30 to 39 Years 821 486
40 to 49 Years 831 806
50 to 59 Years 736 653
60 to 69 Years 660 795
70 Years and over 812 1,018

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in Lower Hominy, North Carolina.

  • Master's degree or higher
    13.26%
  • Bachelor's degree
    32.89%
  • Some college or associate's degree
    8.20%
  • High school diploma or equivalent
    42.12%
  • Less than high school diploma
    3.54%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for Lower Hominy because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in Lower Hominy look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in Lower Hominy, North Carolina that are over the age of 16.

The current population in Lower Hominy that are over the age of 16 is 10,367 people.

The unemployment rate in Lower Hominy is 2.70%, which means 185 people are unemployed.

Median Age in Lower Hominy

The median age is an interesting metric because it gives us an idea of the age distribution of people in Lower Hominy, North Carolina. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in Lower Hominy is 42 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in Lower Hominy

42

Total

41.9

Male

42.1

Female

Households and Families

There are a total of 4,427 households in Lower Hominy, and the average household size is 2.66 people.

For families, the total number is 2,693, and the average family size is 3.35 people.

4.60% of those families in Lower Hominy, North Carolina are living below the poverty line.

The table below shows the poverty thresholds for Lower Hominy in .

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Please note that the poverty thresholds shown above are from , while the latest demographics data we have is from 2022.

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

  • Married-couple
  • Male householder, no spouse present
  • Female householder, no spouse present
  • Nonfamily household

In the table below, you can see the total households and families in Lower Hominy, North Carolina for each type, as well as the average sizes.

Married Male Female Nonfamily
Total Households 2,246 47 400 1,734
Average Household Size 3.15 3.4 5.15 1.43
Total Families 2,246 47 400 0
Average Household Size 3.15 3.19 4.48 0

Housing Data in Lower Hominy

There are total of 5,339 housing units in Lower Hominy, North Carolina. Of those units, 4,427 (82.92%) are occupied, and 912 (17.08%) are vacant.

Rental Rates

Of the 5,339 housing units in Lower Hominy, 1,627 (30.47%) are occupied by renters. The median rent paid by renters is $1,358.00.

Owner occupied housing units make up the remaining 51.30% of housing units, with 2,739 housing units in total.

The table below breaks down how much rent is paid by renters in Lower Hominy, North Carolina.

  • No rent paid
    61
  • Less than $500
    29
  • $500 to $999
    423
  • $1,000 to $1,499
    618
  • $1,500 to $1,999
    334
  • $2,000 to $2,499
    53
  • $2,500 to $2,999
    44
  • $3,000 or more
    126

Property Values

The median value of a property in Lower Hominy is $285,200.00.

The table below breaks down the range of valuations for all properties in Lower Hominy.

  • Less than $50,000
    153
  • $50,000 to $99,999
    124
  • $100,000 to $149,999
    297
  • $150,000 to $199,999
    263
  • $200,000 to $299,999
    658
  • $300,000 to $499,999
    652
  • $500,000 to $999,999
    544
  • $1,000,000 or more
    48

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in Lower Hominy, North Carolina.

  • 1939 or earlier
    355
  • 1940 to 1949
    97
  • 1950 to 1959
    339
  • 1960 to 1969
    544
  • 1970 to 1979
    539
  • 1980 to 1989
    478
  • 1990 to 1999
    856
  • 2000 to 2009
    1,018
  • 2010 to 2013
    999
  • 2014 or later
    114

Vehicles Available per Household

Finally, we have data on how many vehicles each household in Lower Hominy has. The table below breaks down the number of vehicles available per household.

  • No vehicles available
    249
  • 1 vehicle available
    1,117
  • 2 vehicles available
    1,977
  • 3 or more vehicles available
    1,084

Commuting to Work in Lower Hominy

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of Lower Hominy, North Carolina, how they commute, and how that correlates to other data points.

The average travel time is 21.9 minutes, and the chart below covers the range of travel times across the population of Lower Hominy.

  • Less than 5 minutes
    55
  • 5 to 9 minutes
    287
  • 10 to 14 minutes
    545
  • 15 to 19 minutes
    1,505
  • 20 to 24 minutes
    1,539
  • 25 to 29 minutes
    195
  • 30 to 34 minutes
    708
  • 35 to 39 minutes
    123
  • 40 to 44 minutes
    31
  • 45 to 59 minutes
    113
  • 60 to 89 minutes
    246
  • 90 or more minutes
    39

We can also look at the means of transport in Lower Hominy to see which modes of transport people are using to commute to work.

  • Drove alone
    4,887
  • Carpooled
    331
  • Public transportation
    94
  • Walked
    19
  • Other means
    55
  • Worked from home
    1,064

Conclusion

Hopefully this article has given you the demographics data you were looking for in Lower Hominy, North Carolina.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for Lower Hominy.

Link To or Reference This Page

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If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference Name Census as the source. We appreciate your support!

  • "Lower Hominy Average Income, Population and Demographics". NameCensus.com. Accessed on May 2, 2024. https://namecensus.com/demographics/north-carolina/buncombe-county/lower-hominy/.

  • "Lower Hominy Average Income, Population and Demographics". NameCensus.com, https://namecensus.com/demographics/north-carolina/buncombe-county/lower-hominy/. Accessed 2 May, 2024

  • Lower Hominy Average Income, Population and Demographics. NameCensus.com. Retrieved from https://namecensus.com/demographics/north-carolina/buncombe-county/lower-hominy/.