Fairplains, NC Profile: Facts & Data

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Fairplains, North Carolina - Basic Facts

The Fairplains Census Designated Place had a population of 2,155 as of July 1, 2020.

The primary coordinate point for Fairplains is located at latitude 36.1985 and longitude -81.1529 in Wilkes County. The formal boundaries for the Fairplains Census Designated Place encompass a land area of 4.21 sq. miles and a water area of 0 sq. miles. Wilkes County is in the Eastern time zone (GMT -5). The elevation is 1,283 feet.

The Fairplains Census Designated Place (GNIS ID: 2402471) 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 Fairplains Census Designated Place is located within Township of North Wilkesboro, a minor civil division (MCD) of Wilkes County.

Alternate Unofficial Names for Fairplains: Fairplain.

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

POPULATION

Total Population 2,155 (100%)
Population in Households 2,130 (98.8%)
Population in Families 1,673 (77.6%)
Population in Group Quarters1 25 ( 1.2%)
Population Density 512
Diversity Index2 57
 
 

INCOME

Median Household Income $40,707
Average Household Income $51,154
% of Income for Mortgage4 10%
Per Capita Income $20,821
Wealth Index5 46
 

HOUSING

Total HU (Housing Units) 1,038 (100%)
Owner Occupied HU 592 (57.0%)
Renter Occupied HU 285 (27.5%)
Vacant Housing Units 161 (15.5%)
Median Home Value $96,288
Average Home Value $114,268
Housing Affordability Index3 262
 

HOUSEHOLDS

Total Households 877
Average Household Size 2.43
Family Households 543
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 0.22% 0.18%
Households 0.15% 0.16%
Families -0.12% 0.07%
Median Household Income   2.1%
Per Capita Income   2.3%
Owner Occupied HU   0.07%

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Fairplains, NC - Peer Comparisons by Rank and Percentile

The table below compares Fairplains 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 # 314 58th
Population Density # 446 40th
Median Household Income # 496 33rd
Housing Affordability Index # 623 84th
Per Capita Income # 552 25th
Diversity Index # 254 66th

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

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