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Grandfather Village village, NC Profile: Facts & Data

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Grandfather Village village, North Carolina - Basic Facts

The Village of Grandfather Village had a population of 110 as of July 1, 2023. Grandfather Village village ranks in the lower quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in North Carolina. See peer rankings below.

The primary coordinate point for Grandfather Village village is located at latitude 36.0988 and longitude -81.8481 in Avery County.

It also has a Functional Status Code of ""

The Village of Grandfather Village is located within , a minor civil division (MCD) of Avery County.


Jump to... (On This Page!)
  1. Grandfather Village village 2023 Demographic Data
  2. Growth Rates for Grandfather Village village (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. North Carolina Research Tools (Easy Tools & Current Data)
  3. North Carolina Data Comparison Tool - 2023 Demographics
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Grandfather Village village, NC Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 110 (100%)
Population in Households 110 (100.0%)
Population in Families 88 (80.0%)
Population in Group Quarters1 0
Population Density 71
Diversity Index2 24
 
 

INCOME

Median Household Income $106,722
Average Household Income $140,725
% of Income for Mortgage4 0%
Per Capita Income $60,128
Wealth Index5 184
Socioeconomic Status Index6 Moderate (52.0)
 

HOUSING

Total HU (Housing Units) 408 (100%)
Owner Occupied HU 42 (10.3%)
Renter Occupied HU 5 ( 1.2%)
Vacant Housing Units 361 (88.5%)
Median Home Value $340,000
Average Home Value $399,405
Housing Affordability Index3 0
 

HOUSEHOLDS

Total Households 47
Average Household Size 2.34
Family Households 36
Average Family Size 2.00
NOTES
  1. 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.
  2. 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.
  3. 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.
  4. 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).
  5. 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.
  6. 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

 2020-2023 2023-2028
Population 4.61% 0.00%
Households 3.52% 0.42%
Families   1.09%
Median Household Income   1.90%
Per Capita Income   2.91%
Owner Occupied HU   -0.97%

Grandfather Village village, NC - Peer Comparisons by Rank and Percentile

The table below compares Grandfather Village village to the other 776 incorporated cities, towns and CDPs in North Carolina by rank and percentile using July 1, 2023 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 # 749 4th
Population Density # 752 3rd
Median Household Income # 35 96th
Housing Affordability Index # 2 0th
Per Capita Income # 39 95th
Diversity Index # 704 9th

Additional comparisons and rankings can be made with a VERY EASY TO USE North Carolina Census Data Comparison Tool.

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