Tobaccoville, NC Profile: Facts & Data

Tobaccoville, North Carolina - Basic Facts

The Village of Tobaccoville had a population of 2,622 as of July 1, 2024.

The primary coordinate point for Tobaccoville is located at latitude 36.2382 and longitude -80.3714 in Forsyth County. The formal boundaries for the Village of Tobaccoville encompass a land area of 7.65 sq. miles and a water area of 0.03 sq. miles. Forsyth County is in the Eastern time zone (GMT -5).

The Village of Tobaccoville 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 Village of Tobaccoville is located within Township of Old Richmond, a minor civil division (MCD) of Forsyth County.

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

POPULATION
Total Population	2,622 (100%)
Population in Households	2,622 (100.0%)
Population in Families	2,101 (80.1%)
Population in Group Quarters¹	0
Population Density	343
Diversity Index²	47


INCOME
Median Household Income	$80,972
Average Household Income	$102,164
% of Income for Mortgage⁴	23%
Per Capita Income	$43,017
Wealth Index⁵	102
Socioeconomic Status Index⁶	Moderate (58.9)

HOUSING
Total HU (Housing Units)	1,184 (100%)
Owner Occupied HU	984 (83.1%)
Renter Occupied HU	120 (10.1%)
Vacant Housing Units	80 ( 6.8%)
Median Home Value	$296,815
Average Home Value	$327,541
Housing Affordability Index³	107

HOUSEHOLDS
Total Households	1,104
Average Household Size	2.38
Family Households	778
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

1,184 (100%)

Owner Occupied HU

984 (83.1%)

Renter Occupied HU

120 (10.1%)

Vacant Housing Units

80 ( 6.8%)

Median Home Value

$296,815

Average Home Value

$327,541

Housing Affordability Index³

107

HOUSEHOLDS

Total Households

1,104

Average Household Size

2.38

Family Households

778

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	0.40%	1.28%
Households	0.50%	1.65%
Families		1.67%
Median Household Income		2.89%
Per Capita Income		3.97%
Owner Occupied HU		2.01%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

0.40%

1.28%

Households

0.50%

1.65%

Families

1.67%

Median Household Income

2.89%

Per Capita Income

3.97%

Owner Occupied HU

2.01%

Tobaccoville, NC - Peer Comparisons by Rank and Percentile

The table below compares Tobaccoville 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	# 281	64th
Population Density	# 550	29th
Median Household Income	# 154	80th
Housing Affordability Index	# 445	57th
Per Capita Income	# 164	79th
Diversity Index	# 474	39th

Variable Description

Rank

Percentile

Total Population

# 281

64th

Population Density

# 550

29th

Median Household Income

# 154

80th

Housing Affordability Index

# 445

57th

Per Capita Income

# 164

79th

Diversity Index

# 474

39th

North Carolina Census Data Comparison Tool

Tobaccoville, NC Profile: Facts & Data

Tobaccoville, North Carolina - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Tobaccoville, NC - Peer Comparisons by Rank and Percentile

Tobaccoville, NC - Most Popular Things to Do

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Forsyth County