Township Of Little River NC Demographic Data and Boundary Map
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Township Of Little River, NC
The Township Of Little River is a County Subdivision of Montgomery County.
The subdivision has a Z1 Census Class Code which indicates that the Township Of Little River is a nonfunctioning county subdivision.
Township Of Little River Data & Demographics (As of July 1, 2024)
POPULATION
Total Population
788 (100%)
Population in Households
788 (100.0%)
Population in Families
701 (89.0%)
Population in Group Quarters1
0
Population Density
23
Diversity Index2
29
INCOME
Median Household Income
$71,498
Average Household Income
$89,809
% of Income for Mortgage4
23%
Per Capita Income
$36,812
Wealth Index5
91
HOUSING
Total HU (Housing Units)
370 (100%)
Owner Occupied HU
252 (68.1%)
Renter Occupied HU
71 (19.2%)
Vacant Housing Units
47 (12.7%)
Median Home Value
$260,000
Average Home Value
$259,127
Housing Affordability Index3
111
HOUSEHOLDS
Total Households
323
Average Household Size
2.44000000000
Family Households
244
Average Family Size
3
NOTES
Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
