Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 33.1 yrs |
|---|---|
| Avg HH Size | 3.33 |
| Below Poverty | 2.5% ▼ 75% below avg |
| College Grads | 71.0% ▲ 83% above avg |
| Unemployment | 19.4% ▲ 297% above avg |
| No HS Diploma | 32 (1.2%) |
| HS Graduate | 446 (16.7%) |
| Some College | 178 (6.7%) |
| Associates | 121 (4.5%) |
| Bachelors | 214 (8%) |
| Graduate Degree | 1,685 (63%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $168,804 ▲ 121% above avg |
|---|---|
| Median Home Value | $590,100 ▲ 112% above avg |
| Home/Income Ratio | 3.5x (nat avg ~3.5x) |
| Total Housing Units | 1,678 |
| Vacant Units | 163 |
Income Distribution
How People Get to Work
Commute Time
Year Built
New Hill is a city in North Carolina, located in Wake County. The city spans 1 ZIP code and is home to approximately 5,044 residents. It is a relatively young city, with a median age of 33.1 years.
Economically, New Hill is a affluent community. The median household income of $168,804 is more than double the national average. Approximately 2.5% of residents live below the poverty line. The unemployment rate is 19.4%, more than double the national average.
The real estate market in New Hill is a premium housing market. Median home values stand at $590,100, which is more than double the national average. Homeownership is high at 93.9%, typical of suburban and family-oriented communities.
The population of New Hill is highly educated. 71.0% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (82.87%).
New Hill, NC offers residents above-average earning potential within North Carolina.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 27562 | 5,044 | $168,804 | $590,100 | — | 19.4% | 71.0% | 93.9% |