Lake Waccamaw, NC

Full City Profile · North Carolina · Columbus County County

4.3 /5.0
A Great
1,666 Population 593/sq mi density
$79,844 Median Income $51,097 per capita
$294,800 Home Value $322,188 Zillow
$1,069 Median Rent 25.8% income on rent
62°F Avg Temperature
A
Overall
4.3 / 5.0
Strong
A+
Economy
4.5 / 5.0
$79,844 median income, 2.6% unemployment
A+
Affordability
4.6 / 5.0
$294,800 home value, $1,069/mo rent
B+
Education
3.9 / 5.0
36.8% bachelor's degree or higher

Lake Waccamaw, NC

At a Glance

Median Income
$79,844
6% above
$51,097 per capita
Home Value
$294,800
5% above
Zillow: $322,188
Median Rent
$1,069/mo
8% below
25.8% of income on rent
Bachelor's Degree+
36.8%
9% above
91.0% high school+
Unemployment
2.6%
28% below
3.9% poverty rate
Obesity Rate
35.8%
12% above
15.5% smoking rate
Avg Temperature
62°F

How Lake Waccamaw Compares to the U.S. Average

Each bar shows Lake Waccamaw's value as a percentage of the national average (100% = U.S. avg)

Income
106%
Home Value
105%
Rent
92%
Poverty
31%
Bachelor's
109%
Unemployment
72%
Thin vertical line = U.S. national average (100%)

Is Lake Waccamaw a Good Place to Live?

A
4.3 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Lake Waccamaw residents earn a median household income of $79,844 , which is 6% above the national average of $75,149. Per capita income is $51,097. The unemployment rate stands at 2.6% (28% below the U.S. rate of 3.6%). 3.9% of residents live below the poverty line. The area is home to 1,217 business establishments, including 94 restaurants.

Housing & Cost of Living

The median home value in Lake Waccamaw is $294,800 , 5% above the national median of $281,900. Zillow estimates the typical home at $322,188. Median rent is $1,069/month, with 25.8% of renters spending more than 30% of income on housing. The cost of living index is 94.3 (100 = national average). The median home was built in 1981.

Education

36.8% of adults in Lake Waccamaw hold a bachelor's degree or higher (9% above the national average). 91.0% have completed high school. Local schools score 5.2/10 in standardized testing.

Climate & Weather

Lake Waccamaw has an average annual temperature of 62°F (17°C). Winters average 43°F in January while summers reach 80°F in July. Annual precipitation totals 53.5 inches.

Data Overview

People

Population1,666
Median Age50.8 yrs
Density593/mi²
Male / Female47% / 54%
Foreign Born1.4%
Veterans11.3%

Economy

A+
Median Income$79,844
Per Capita$51,097
Unemployment2.6%
Poverty3.9%
County GDP$1,918M
Avg Weekly Wage$921

Housing

A+
Home Value$294,800
Rent$1,069
Ownership84.6%
Zillow$322,188
Housing Units922
Rent Burden25.8%

Health

Obesity35.8%
Diabetes9.7%
Smoking15.5%
Heart Disease5.8%
Premature Death16,521/100K

Climate

Avg Temp62°F
Rain53.5 in/yr
Elevation57 ft

Education

B+
Bachelor's+36.8%
High School+91.0%
Graduate+13.4%
School Score5.2/10

Community

2024 VoteR 67% / D 33%
Commute29 min
Broadband86.1%
Internet Speed122 Mbps
EV Stations1
Libraries7

Did You Know?

The median home in Lake Waccamaw was built in 1981.
The nearest airport is Wilmington International (35 miles).
The Gini coefficient (income inequality) is 0.475 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
13.6% of the population has a disability.
Average internet download speed is 122 Mbps.
The county recorded 17 fatal vehicle crashes.