Spindale, NC Profile: Facts & Data

Spindale, North Carolina - Basic Facts

The Town of Spindale had a population of 4,208 as of July 1, 2024.

The primary coordinate point for Spindale is located at latitude 35.3601 and longitude -81.9293 in Rutherford County. The formal boundaries for the Town of Spindale encompass a land area of 5.36 sq. miles and a water area of 0 sq. miles. Rutherford County is in the Eastern time zone (GMT -5).

The Town of Spindale has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Town of Spindale is located within Township of Rutherfordton, a minor civil division (MCD) of Rutherford County.

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Spindale, NC Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	4,208 (100%)
Population in Households	3,869 (91.9%)
Population in Families	2,889 (68.7%)
Population in Group Quarters¹	339 ( 8.1%)
Population Density	778
Diversity Index²	54


INCOME
Median Household Income	$41,274
Average Household Income	$64,371
% of Income for Mortgage⁴	23%
Per Capita Income	$26,883
Wealth Index⁵	47
Socioeconomic Status Index⁶	Low (43.3)

HOUSING
Total HU (Housing Units)	1,958 (100%)
Owner Occupied HU	1,076 (55.0%)
Renter Occupied HU	668 (34.1%)
Vacant Housing Units	214 (10.9%)
Median Home Value	$150,370
Average Home Value	$156,993
Housing Affordability Index³	112

HOUSEHOLDS
Total Households	1,744
Average Household Size	2.22
Family Households	1,004
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

1,958 (100%)

Owner Occupied HU

1,076 (55.0%)

Renter Occupied HU

668 (34.1%)

Vacant Housing Units

214 (10.9%)

Median Home Value

$150,370

Average Home Value

$156,993

Housing Affordability Index³

112

HOUSEHOLDS

Total Households

1,744

Average Household Size

2.22

Family Households

1,004

Average Family Size

3.00

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.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.09%	0.00%
Households	0.30%	0.35%
Families		0.59%
Median Household Income		2.13%
Per Capita Income		3.69%
Owner Occupied HU		1.18%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

-0.09%

0.00%

Households

0.30%

0.35%

Families

0.59%

Median Household Income

2.13%

Per Capita Income

3.69%

Owner Occupied HU

1.18%

Spindale, NC - Peer Comparisons by Rank and Percentile

The table below compares Spindale to the other 777 incorporated cities, towns and CDPs in North Carolina by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description	Rank	Percentile
Total Population	# 201	74th
Population Density	# 320	59th
Median Household Income	# 683	12th
Housing Affordability Index	# 484	62nd
Per Capita Income	# 569	27th
Diversity Index	# 401	49th

Variable Description

Rank

Percentile

Total Population

# 201

74th

Population Density

# 320

59th

Median Household Income

# 683

12th

Housing Affordability Index

# 484

62nd

Per Capita Income

# 569

27th

Diversity Index

# 401

49th

North Carolina Census Data Comparison Tool

Spindale, NC Profile: Facts & Data

Spindale, North Carolina - Basic Facts

Spindale, NC Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Spindale, NC - Peer Comparisons by Rank and Percentile

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