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Cordova, NC Profile: Facts & Data

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Cordova, North Carolina - Basic Facts

The Cordova Census Designated Place had a population of 1,769 as of July 1, 2020.

The primary coordinate point for Cordova is located at latitude 34.9129 and longitude -79.822 in Richmond County. The formal boundaries for the Cordova Census Designated Place encompass a land area of 2.13 sq. miles and a water area of 0.02 sq. miles. Richmond County is in the Eastern time zone (GMT -5). The elevation is 285 feet.

The Cordova Census Designated Place (GNIS ID: 2584312) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Cordova Census Designated Place is located within Township of Wolf Pit, a minor civil division (MCD) of Richmond County.


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

POPULATION

Total Population 1,769 (100%)
Population in Households 1,769 (100.0%)
Population in Families 1,482 (83.8%)
Population in Group Quarters1 0
Population Density 830
Diversity Index2 34
 
 

INCOME

Median Household Income $42,297
Average Household Income $51,403
% of Income for Mortgage4 9%
Per Capita Income $20,792
Wealth Index5 40
 

HOUSING

Total HU (Housing Units) 761 (100%)
Owner Occupied HU 501 (65.8%)
Renter Occupied HU 207 (27.2%)
Vacant Housing Units 53 ( 7.0%)
Median Home Value $87,401
Average Home Value $156,238
Housing Affordability Index3 273
 

HOUSEHOLDS

Total Households 708
Average Household Size 2.5
Family Households 503
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 -0.03% -0.15%
Households 0.06% -0.08%
Families -0.04% -0.12%
Median Household Income   2.36%
Per Capita Income   1.98%
Owner Occupied HU   -0.2%

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Cordova, NC - Peer Comparisons by Rank and Percentile

The table below compares Cordova 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 # 344 54th
Population Density # 298 60th
Median Household Income # 465 37th
Housing Affordability Index # 645 87th
Per Capita Income # 554 25th
Diversity Index # 526 29th

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

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