Grandfather Village, NC
Population 25 · North Carolina
About Grandfather Village, NC
Grandfather Village is a small community located in North Carolina with a population of 25 residents according to the latest US Census Bureau American Community Survey data. The median household income is $195,625 per year, which is 160% above the national median of $75,149. The median age of 73.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Grandfather Village features a median home value of $1,208,300, which is 393% above the national median of $244,900. This places Grandfather Village in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 461 total housing units, 100% are owner-occupied (13 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Grandfather Village shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Grandfather Village have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
88.0% of Grandfather Village 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 0.0% 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.
How Grandfather Village Ranks in North Carolina
Cost of Living in Grandfather Village, NC
Compared to national averages, Grandfather Village has a median household income of $195,625 (160% above the national median of $75,149). Home values average $1,208,300, which is 393% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within North Carolina, Grandfather Village's income is 203% above the state average of $64,468, and home values are 428% above the state median of $228,922.
Why Live in Grandfather Village, NC?
Grandfather Village offers a strong local economy with a median household income of $195,625, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 88.0% of residents hold a bachelor’s degree or higher, and a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include a competitive housing market where the typical home costs $1,208,300. However, Grandfather Village’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Grandfather Village has a population of 25 with a median age of 73.8 years. Compare Grandfather Village with other cities to see how it stacks up, or explore all cities in North Carolina.
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Demographics
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Economy & Education
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Other Cities in North Carolina
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Grandfather Village
What is the population of Grandfather Village, NC?
The population of Grandfather Village, NC is 25 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 Grandfather Village?
The median household income in Grandfather Village, NC is $195,625 per year, which is 160% above the national median of $75,149.
What is the median home value in Grandfather Village?
The median home value in Grandfather Village, NC is $1,208,300, which is 393% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Grandfather Village?
The median monthly rent in Grandfather Village, NC is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Grandfather Village?
The unemployment rate in Grandfather Village, NC is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Grandfather Village, NC a good place to live?
Grandfather Village offers above-average incomes, a competitive housing market, and a strong job market. With a population of 25 and a median age of 73.8, the city appeals to established professionals and retirees.
How educated is Grandfather Village, NC?
88.0% of residents in Grandfather Village 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 Grandfather Village?
Key cost-of-living indicators for Grandfather Village, NC: median home value is $1,208,300 (393% above national), median rent is $0/month, and median household income is $195,625. The home-value-to-income ratio is 6.2x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Grandfather Village?
The poverty rate in Grandfather Village, NC is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Grandfather Village, NC?
Grandfather Village's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.