Waxhaw Highlights and Demographics
Waxhaw is a rapidly growing suburban town in Union County., part of the Charlotte-Concord-Gastonia metro area. It offers a strong demographic profile, characterized by high household incomes, family-oriented households, rapid population growth, and above-average education levels.
- Median Age: 36.2 years (younger than metro ~37.9, NC ~39.1, and US ~38.9).
- Key Groups: 33.1% under 18; 8.4% 65+; high share of families with children (persons per household: 3.26).
- Median Household Income: $131,894 (2020–2024 ACS; significantly higher than Charlotte metro ~$83k, NC ~$72k, and US ~$81k).
- Per Capita Income: $48,910.
- Average Household Income: ~$156,987.
- Poverty Rate: 4.5% (low).
- Home Values: Median owner-occupied ~$549,400; high homeownership rate (83%).
- Total Retail Sales (2022): $255.5 million (~$11,338 per capita).
- Accommodation/food services and health care receipts also notable.
- Strong consumer spending power due to incomes; ongoing retail recruitment (e.g., past success with Dunkin’ via data analytics).
- Active mixed-use and retail projects targeting national/regional brands.
Why Work With Us
The Tyson Group Companies is a multifaceted commercial real estate and development company, offering over fifty (50) years of experience in sales and leasing and development of retail, office, medical, industrial, golf course, and residential properties. Our diverse companies work to create a one stop location for all of your real estate services.
The Tyson Group Companies are committed to providing quality service in a timely manner and to developing trust and loyalty with our customers. Our reputation can be judged not only by our business accomplishments but by having employees that have been honored as Builder of the Year, Realtor of the Year, Entrepreneur of the Year, and by the Union County Business Hall of Fame.
Experienced professionals dedicated to your success.
Proven results that speak for themselves.
