Tryon, NC Profile: Facts & Data

The primary coordinate point for Tryon is located at latitude 35.2082 and longitude -82.2384 in Polk County. The formal boundaries for the Town of Tryon encompass a land area of 2.01 sq. miles and a water area of 0 sq. miles. Polk County is in the Eastern time zone (GMT -5). The elevation is 1,102 feet.

The Town of Tryon (GNIS ID: 2406761) 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.

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

POPULATION
Total Population	1,701 (100%)
Population in Households	1,645 (96.7%)
Population in Families	1,173 (69.0%)
Population in Group Quarters¹	56 ( 3.3%)
Population Density	852
Diversity Index²	35


INCOME
Median Household Income	$44,391
Average Household Income	$65,621
% of Income for Mortgage⁴	25%
Per Capita Income	$31,746
Wealth Index⁵	78

HOUSING
Total HU (Housing Units)	1,125 (100%)
Owner Occupied HU	540 (48.0%)
Renter Occupied HU	307 (27.3%)
Vacant Housing Units	278 (24.7%)
Median Home Value	$266,346
Average Home Value	$302,917
Housing Affordability Index³	105

HOUSEHOLDS
Total Households	847
Average Household Size	1.94
Family Households	449
Average Family Size	3

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.

Tryon, NC - Peer Comparisons by Rank and Percentile

The table below compares Tryon 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.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	0.37%	0.47%
Households	0.36%	0.47%
Families	1.46%	0.31%
Median Household Income		1.89%
Per Capita Income		2.78%
Owner Occupied HU		0.55%

Variable Description	Rank	Percentile
Total Population	# 349	53rd
Population Density	# 292	61st
Median Household Income	# 418	44th
Housing Affordability Index	# 63	9th
Per Capita Income	# 178	76th
Diversity Index	# 509	31st

Tryon, NC Profile: Facts & Data

Tryon, North Carolina - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Tryon, NC - Peer Comparisons by Rank and Percentile

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