Harmony, NC Profile: Facts & Data

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Harmony, North Carolina - Basic Facts

The Town of Harmony had a population of 583 as of July 1, 2020.

The primary coordinate point for Harmony is located at latitude 35.9557 and longitude -80.7717 in Iredell County. The formal boundaries for the Town of Harmony encompass a land area of 1.36 sq. miles and a water area of 0 sq. miles. Iredell County is in the Eastern time zone (GMT -5). The elevation is 984 feet.

The Town of Harmony (GNIS ID: 2406644) 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 Harmony is located within Township of Turnersburg, a minor civil division (MCD) of Iredell County.

Alternate Unofficial Names for Harmony: Harmony Hill, Harmony Hill Camp Ground.

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

POPULATION

Total Population 583 (100%)
Population in Households 583 (100.0%)
Population in Families 490 (84.0%)
Population in Group Quarters1 0
Population Density 430
Diversity Index2 49
 
 

INCOME

Median Household Income $44,816
Average Household Income $61,825
% of Income for Mortgage4 15%
Per Capita Income $24,236
Wealth Index5 58
 

HOUSING

Total HU (Housing Units) 263 (100%)
Owner Occupied HU 176 (66.9%)
Renter Occupied HU 52 (19.8%)
Vacant Housing Units 35 (13.3%)
Median Home Value $155,645
Average Home Value $261,017
Housing Affordability Index3 190
 

HOUSEHOLDS

Total Households 228
Average Household Size 2.56
Family Households 162
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 0.92% 0.98%
Households 0.99% 1.12%
Families 1.09% 0.97%
Median Household Income   1.24%
Per Capita Income   1.89%
Owner Occupied HU   1.11%

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Harmony, NC - Peer Comparisons by Rank and Percentile

The table below compares Harmony 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 # 537 27th
Population Density # 499 33rd
Median Household Income # 410 45th
Housing Affordability Index # 336 45th
Per Capita Income # 391 47th
Diversity Index # 371 50th

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

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