Mills River Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for Mills River, 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 Mills River, 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 Mills River is $79,802.00.

The chart below shows the average household income by age in Mills River.

  • Under 25
    $0.00
  • 25 to 44
    $78,995.00
  • 45 to 64
    $110,347.00
  • 65 and over
    $73,929.00

Average Household Income

A very commonly asked question is "what is the average household income in Mills River, 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 Mills River is $97,333.00.

7.88% of households in Mills River, 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 Mills River 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 Mills River

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 Mills River, 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
    14.38%
  • $25,000 to $49,999
    14.81%
  • $50,000 to $74,999
    16.85%
  • $75,000 to $99,999
    12.24%
  • $100,000 to $149,999
    23.17%
  • $150,000 to $199,999
    10.68%
  • $200,000 or more
    7.88%

Per Capita Income

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

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

The per capita income in Mills River, North Carolina is $38,303.00.

Population in Mills River by Race and Ethnicity

The total population in Mills River is currently 7,100 people.

The race and ethnicity of the population in Mills River 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 Mills River, North Carolina.

  • 1.40% White
    97
  • 96.40% Black/African American
    6,847
  • 85.40% Native
    6,060
  • 1.60% Hispanic
    112
  • 2.80% Asian
    197
  • 1.60% Hawaiian/Pacific Islander
    112
  • 0.00% Two or more races
    0
  • 4.80% Other
    339

Population of Mills River by Age and Gender

Another very important demographics statistic for Mills River, 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 353 304
10 to 19 Years 814 460
20 to 29 Years 279 201
30 to 39 Years 352 582
40 to 49 Years 396 485
50 to 59 Years 429 479
60 to 69 Years 470 516
70 Years and over 461 519

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 Mills River, North Carolina.

  • Master's degree or higher
    21.60%
  • Bachelor's degree
    40.93%
  • Some college or associate's degree
    7.95%
  • High school diploma or equivalent
    28.80%
  • Less than high school diploma
    0.71%

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 Mills River 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 Mills River 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 Mills River, North Carolina that are over the age of 16.

The current population in Mills River that are over the age of 16 is 5,637 people.

The unemployment rate in Mills River is 5.20%, which means 188 people are unemployed.

Median Age in Mills River

The median age is an interesting metric because it gives us an idea of the age distribution of people in Mills River, 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 Mills River is 43.5 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 Mills River

43.5

Total

38.9

Male

45.8

Female

Households and Families

There are a total of 2,754 households in Mills River, and the average household size is 2.57 people.

For families, the total number is 1,946, and the average family size is 3.12 people.

1.70% of those families in Mills River, North Carolina are living below the poverty line.

The table below shows the poverty thresholds for Mills River 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 Mills River, North Carolina for each type, as well as the average sizes.

Married Male Female Nonfamily
Total Households 1,651 62 233 808
Average Household Size 3.17 2.73 3.45 1.09
Total Families 1,651 62 233 0
Average Household Size 3.15 2.13 3.19 0

Housing Data in Mills River

There are total of 3,019 housing units in Mills River, North Carolina. Of those units, 2,754 (91.22%) are occupied, and 265 (8.78%) are vacant.

Rental Rates

Of the 3,019 housing units in Mills River, 394 (13.05%) are occupied by renters. The median rent paid by renters is $1,186.00.

Owner occupied housing units make up the remaining 77.21% of housing units, with 2,331 housing units in total.

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

  • No rent paid
    29
  • Less than $500
    28
  • $500 to $999
    131
  • $1,000 to $1,499
    84
  • $1,500 to $1,999
    147
  • $2,000 to $2,499
    4
  • $2,500 to $2,999
    0
  • $3,000 or more
    0

Property Values

The median value of a property in Mills River is $344,900.00.

The table below breaks down the range of valuations for all properties in Mills River.

  • Less than $50,000
    157
  • $50,000 to $99,999
    216
  • $100,000 to $149,999
    160
  • $150,000 to $199,999
    86
  • $200,000 to $299,999
    363
  • $300,000 to $499,999
    707
  • $500,000 to $999,999
    574
  • $1,000,000 or more
    68

Property Age

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

  • 1939 or earlier
    56
  • 1940 to 1949
    16
  • 1950 to 1959
    96
  • 1960 to 1969
    237
  • 1970 to 1979
    223
  • 1980 to 1989
    551
  • 1990 to 1999
    628
  • 2000 to 2009
    696
  • 2010 to 2013
    494
  • 2014 or later
    22

Vehicles Available per Household

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

  • No vehicles available
    40
  • 1 vehicle available
    773
  • 2 vehicles available
    1,093
  • 3 or more vehicles available
    848

Commuting to Work in Mills River

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 Mills River, North Carolina, how they commute, and how that correlates to other data points.

The average travel time is 21.7 minutes, and the chart below covers the range of travel times across the population of Mills River.

  • Less than 5 minutes
    118
  • 5 to 9 minutes
    223
  • 10 to 14 minutes
    566
  • 15 to 19 minutes
    368
  • 20 to 24 minutes
    556
  • 25 to 29 minutes
    312
  • 30 to 34 minutes
    572
  • 35 to 39 minutes
    117
  • 40 to 44 minutes
    101
  • 45 to 59 minutes
    130
  • 60 to 89 minutes
    47
  • 90 or more minutes
    14

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

  • Drove alone
    2,741
  • Carpooled
    320
  • Public transportation
    0
  • Walked
    7
  • Other means
    56
  • Worked from home
    243

Conclusion

Hopefully this article has given you the demographics data you were looking for in Mills River, 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 Mills River.

Link To or Reference This Page

We spent a lot of time downloading, cleaning, merging, and formatting the data that is shown on the site.

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!

  • "Mills River Average Income, Population and Demographics". NameCensus.com. Accessed on May 18, 2024. https://namecensus.com/demographics/north-carolina/henderson-county/mills-river/.

  • "Mills River Average Income, Population and Demographics". NameCensus.com, https://namecensus.com/demographics/north-carolina/henderson-county/mills-river/. Accessed 18 May, 2024

  • Mills River Average Income, Population and Demographics. NameCensus.com. Retrieved from https://namecensus.com/demographics/north-carolina/henderson-county/mills-river/.