Nebo, NC Profile: Facts & Data

The Nebo CDP⁽¹⁾ had a population of 1,756 as of July 1, 2023. Nebo 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 Nebo is located at latitude 35.7151 and longitude -81.9309 in McDowell County. McDowell County is in the Eastern time zone (GMT -5).

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Nebo, NC Data & Demographics (As of July 1, 2023)

POPULATION
Total Population	1,756 (100%)
Population in Households	1,741 (99.1%)
Population in Families	1,485 (84.6%)
Population in Group Quarters¹	15 ( 0.9%)
Population Density	332
Diversity Index²	25


INCOME
Median Household Income	$45,729
Average Household Income	$66,499
% of Income for Mortgage⁴	22%
Per Capita Income	$27,695
Wealth Index⁵	53
Socioeconomic Status Index⁶	Moderate (58.3)

HOUSING
Total HU (Housing Units)	829 (100%)
Owner Occupied HU	587 (70.8%)
Renter Occupied HU	144 (17.4%)
Vacant Housing Units	98 (11.8%)
Median Home Value	$165,800
Average Home Value	$291,823
Housing Affordability Index³	117

HOUSEHOLDS
Total Households	731
Average Household Size	2.38
Family Households	514
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.

Nebo, NC - Peer Comparisons by Rank and Percentile

The table below compares Nebo 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.

GROWTH RATE / YEAR	2020-2023	2023-2028
Population	-0.59%	-0.45%
Households	-0.54%	-0.19%
Families		-0.12%
Median Household Income		4.40%
Per Capita Income		3.13%
Owner Occupied HU		0.20%

Variable Description	Rank	Percentile
Total Population	# 340	56th
Population Density	# 561	28th
Median Household Income	# 523	33rd
Housing Affordability Index	# 425	55th
Per Capita Income	# 476	39th
Diversity Index	# 698	10th

Nebo, NC Profile: Facts & Data

Nebo, North Carolina - Basic Facts

Nebo, NC Data & Demographics (As of July 1, 2023)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Nebo, NC - Peer Comparisons by Rank and Percentile

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McDowell County