Woodfin, NC
Population 7,957 · North Carolina
About Woodfin, NC
Woodfin is a small town located in North Carolina with a population of 7,957 residents according to the latest US Census Bureau American Community Survey data. The median household income is $62,759 per year, which is 16% below the national median of $75,149. The median age of 43.9 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 Woodfin features a median home value of $326,600, which is 33% above the national median of $244,900. This positions Woodfin in a moderately priced market relative to the rest of the country. Median monthly rent is $1,408, 21% above the national average of $1,163/month. Of the 3,908 total housing units, 53% are owner-occupied (1,670 units) and 47% are renter-occupied (1,500 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Woodfin shows an unemployment rate of 1.7%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 13.0%, above the national average of 12.4%. Workers in Woodfin have an average one-way commute time of 19.9 minutes, one of the shorter commutes in the region.
Education & Demographics
46.9% of Woodfin 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 1.6% White, 1.7% Hispanic or Latino, 0.0% Black or African American, and 6.6% Asian residents, with 10.8% of the population being foreign-born.
Cost of Living in Woodfin, NC
Compared to national averages, Woodfin has a median household income of $62,759 (16% below the national median of $75,149). Home values average $326,600, which is 33% above the national median. Monthly rent at $1,408 is 21% above the US average of $1,163. Within North Carolina, Woodfin's income is 3% below the state average of $64,468, and home values are 43% above the state median of $228,922.
Why Live in Woodfin, NC?
Woodfin offers a strong job market with an unemployment rate of just 1.7%, and a well-educated community where 46.9% of residents hold a bachelor’s degree or higher, and short commute times averaging just 19.9 minutes.
Potential considerations include median household income ($62,759) that falls below the national average. However, Woodfin’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Woodfin has a population of 7,957 with a median age of 43.9 years. Compare Woodfin with other cities to see how it stacks up, or explore all cities in North Carolina.
Similar Cities Near Woodfin
Cities in North Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Zebulon | 7,961 | $58,940 | $275,400 | Compare |
| Butner | 7,996 | $72,917 | $225,600 | Compare |
| Siler City | 7,905 | $51,751 | $154,900 | Compare |
| Fletcher | 8,022 | $75,117 | $324,000 | Compare |
| Brevard | 7,795 | $44,356 | $411,000 | Compare |
| Half Moon | 7,780 | $61,848 | $170,900 | Compare |
| Roxboro | 8,144 | $39,283 | $138,700 | Compare |
| Etowah | 7,765 | $73,000 | $313,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in North Carolina
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Woodfin With Other Cities
Frequently Asked Questions about Woodfin
What is the population of Woodfin, NC?
The population of Woodfin, NC is 7,957 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in North Carolina.
What is the median household income in Woodfin?
The median household income in Woodfin, NC is $62,759 per year, which is 16% below the national median of $75,149.
What is the median home value in Woodfin?
The median home value in Woodfin, NC is $326,600, which is 33% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Woodfin?
The median monthly rent in Woodfin, NC is $1,408, which is 21% above the national average of $1,163/month.
What is the unemployment rate in Woodfin?
The unemployment rate in Woodfin, NC is 1.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Woodfin, NC a good place to live?
Woodfin offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 7,957 and a median age of 43.9, the city appeals to a broad range of residents.
How educated is Woodfin, NC?
46.9% of residents in Woodfin 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 Woodfin?
Key cost-of-living indicators for Woodfin, NC: median home value is $326,600 (33% above national), median rent is $1,408/month, and median household income is $62,759. The home-value-to-income ratio is 5.2x, a moderate figure by national standards.
What is the poverty rate in Woodfin?
The poverty rate in Woodfin, NC is 13.0%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Woodfin, NC?
Woodfin's population is 1.6% White, 1.7% Hispanic or Latino, 0.0% Black or African American, 6.6% Asian, and 4.1% two or more races. 10.8% of residents are foreign-born.