Elm City, NC Profile: Facts & Data

The Town of Elm City had a population of 1,218 as of July 1, 2023. Elm City ranks in the upper 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 Elm City is located at latitude 35.8065 and longitude -77.8633 in Wilson County. The formal boundaries for the Town of Elm City encompass a land area of 0.77 sq. miles and a water area of 0 sq. miles. Wilson County is in the Eastern time zone (GMT -5).

The Town of Elm City 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.

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

POPULATION
Total Population	1,218 (100%)
Population in Households	1,218 (100.0%)
Population in Families	957 (78.6%)
Population in Group Quarters¹	0
Population Density	566
Diversity Index²	68


INCOME
Median Household Income	$45,793
Average Household Income	$57,096
% of Income for Mortgage⁴	14%
Per Capita Income	$24,891
Wealth Index⁵	41
Socioeconomic Status Index⁶	Low (40.6)

HOUSING
Total HU (Housing Units)	592 (100%)
Owner Occupied HU	385 (65.0%)
Renter Occupied HU	146 (24.7%)
Vacant Housing Units	61 (10.3%)
Median Home Value	$109,539
Average Home Value	$178,636
Housing Affordability Index³	169

HOUSEHOLDS
Total Households	531
Average Household Size	2.29
Family Households	332
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.

Elm City, NC - Peer Comparisons by Rank and Percentile

The table below compares Elm City 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	0.00%	-0.38%
Households	0.35%	-0.15%
Families		-0.43%
Median Household Income		2.49%
Per Capita Income		2.58%
Owner Occupied HU		-0.37%

Variable Description	Rank	Percentile
Total Population	# 409	47th
Population Density	# 420	46th
Median Household Income	# 521	33rd
Housing Affordability Index	# 706	91st
Per Capita Income	# 583	25th
Diversity Index	# 139	82nd

Elm City, NC Profile: Facts & Data

Elm City, North Carolina - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Elm City, NC - Peer Comparisons by Rank and Percentile

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