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Tobaccoville, NC Profile: Facts & Data

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Tobaccoville, North Carolina - Basic Facts

The Village of Tobaccoville had a population of 2,668 as of July 1, 2020. Tobaccoville ranks in the lower quartile for 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 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 elevation is 1,017 feet.

The Village of Tobaccoville (GNIS ID: 2407562) 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.

Alternate Unofficial Names for Tobaccoville: Hansers, Hausers, Reeds.

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

POPULATION

Total Population 2,668 (100%)
Population in Households 2,668 (100.0%)
Population in Families 2,258 (84.6%)
Population in Group Quarters1 0
Population Density 349
Diversity Index2 26
 
 

INCOME

Median Household Income $62,296
Average Household Income $76,012
% of Income for Mortgage4 12%
Per Capita Income $31,748
Wealth Index5 83
 

HOUSING

Total HU (Housing Units) 1,212 (100%)
Owner Occupied HU 992 (81.8%)
Renter Occupied HU 161 (13.3%)
Vacant Housing Units 59 ( 4.9%)
Median Home Value $176,103
Average Home Value $222,477
Housing Affordability Index3 226
 

HOUSEHOLDS

Total Households 1,153
Average Household Size 2.31
Family Households 822
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 1.07% 1.37%
Households 1.31% 1.42%
Families 1.43% 1.37%
Median Household Income   2.53%
Per Capita Income   2.35%
Owner Occupied HU   1.47%

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Tobaccoville, NC - Peer Comparisons by Rank and Percentile

The table below compares Tobaccoville 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 # 275 63rd
Population Density # 541 27th
Median Household Income # 135 82nd
Housing Affordability Index # 525 71st
Per Capita Income # 177 76th
Diversity Index # 583 21st

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

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