Vanceboro, NC Profile: Facts & Data

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Vanceboro, North Carolina - Basic Facts

The Town of Vanceboro had a population of 981 as of July 1, 2020.

The primary coordinate point for Vanceboro is located at latitude 35.3085 and longitude -77.1541 in Craven County. The formal boundaries for the Town of Vanceboro encompass a land area of 1.71 sq. miles and a water area of 0 sq. miles. Craven County is in the Eastern time zone (GMT -5). The elevation is 23 feet.

The Town of Vanceboro (GNIS ID: 2406789) 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 Vanceboro is located within Township 1, a minor civil division (MCD) of Craven County.

Alternate Unofficial Names for Vanceboro: Durgantown, Swift Creek.

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Vanceboro, NC Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 981 (100%)
Population in Households 977 (99.6%)
Population in Families 819 (83.5%)
Population in Group Quarters1 4 ( 0.4%)
Population Density 572
Diversity Index2 53
 
 

INCOME

Median Household Income $34,112
Average Household Income $46,604
% of Income for Mortgage4 17%
Per Capita Income $17,772
Wealth Index5 33
 

HOUSING

Total HU (Housing Units) 433 (100%)
Owner Occupied HU 191 (44.1%)
Renter Occupied HU 176 (40.6%)
Vacant Housing Units 66 (15.2%)
Median Home Value $138,750
Average Home Value $297,775
Housing Affordability Index3 156
 

HOUSEHOLDS

Total Households 367
Average Household Size 2.66
Family Households 264
Average Family Size 3
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.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population -0.24% -0.33%
Households -0.42% -0.38%
Families -0.57% -0.54%
Median Household Income   0.93%
Per Capita Income   1.15%
Owner Occupied HU   -0.53%

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Vanceboro, NC - Peer Comparisons by Rank and Percentile

The table below compares Vanceboro to the other 739 incorporated cities, towns and CDPs in North Carolina by rank and percentile using July 1, 2020 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 # 443 40th
Population Density # 424 43rd
Median Household Income # 630 15th
Housing Affordability Index # 180 24th
Per Capita Income # 665 10th
Diversity Index # 317 57th

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

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