Bolivia, NC
Population 225 · North Carolina
About Bolivia, NC
Bolivia is a small community located in North Carolina with a population of 225 residents according to the latest US Census Bureau American Community Survey data. The median household income is $71,000 per year, which is 6% below the national median of $75,149. The median age of 34.4 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Bolivia features a median home value of $286,800, which is 17% above the national median of $244,900. This positions Bolivia in a moderately priced market relative to the rest of the country. Median monthly rent is $1,150, 1% below the national average of $1,163/month. Of the 89 total housing units, 92% are owner-occupied (66 units) and 8% are renter-occupied (6 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Bolivia shows an unemployment rate of 11.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 5.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Bolivia have an average one-way commute time of 25.7 minutes.
Education & Demographics
53.1% of Bolivia residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 13.3% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Bolivia, NC
Compared to national averages, Bolivia has a median household income of $71,000 (6% below the national median of $75,149). Home values average $286,800, which is 17% above the national median. Monthly rent at $1,150 is 1% below the US average of $1,163. Within North Carolina, Bolivia's income is 10% above the state average of $64,468, and home values are 25% above the state median of $228,922.
Why Live in Bolivia, NC?
Bolivia offers rent that’s lower than the national average at $1,150/month, and a well-educated community where 53.1% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.9%, better than the national average.
Potential considerations include median household income ($71,000) that falls below the national average. However, Bolivia’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Bolivia has a population of 225 with a median age of 34.4 years. Compare Bolivia with other cities to see how it stacks up, or explore all cities in North Carolina.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Bolivia
What is the population of Bolivia, NC?
The population of Bolivia, NC is 225 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in North Carolina.
What is the median household income in Bolivia?
The median household income in Bolivia, NC is $71,000 per year, which is 6% below the national median of $75,149.
What is the median home value in Bolivia?
The median home value in Bolivia, NC is $286,800, which is 17% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Bolivia?
The median monthly rent in Bolivia, NC is $1,150, which is 1% below the national average of $1,163/month.
What is the unemployment rate in Bolivia?
The unemployment rate in Bolivia, NC is 11.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Bolivia, NC a good place to live?
Bolivia offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 225 and a median age of 34.4, the city appeals to young professionals and families.
How educated is Bolivia, NC?
53.1% of residents in Bolivia aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Bolivia?
Key cost-of-living indicators for Bolivia, NC: median home value is $286,800 (17% above national), median rent is $1,150/month, and median household income is $71,000. The home-value-to-income ratio is 4.0x, a moderate figure by national standards.
What is the poverty rate in Bolivia?
The poverty rate in Bolivia, NC is 5.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Bolivia, NC?
Bolivia's population is 13.3% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 2.2% two or more races. 0.0% of residents are foreign-born.