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LOCAL GUIDE

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All About

Living In Lake Waccamaw, NC

The small town of Lake Waccamaw, North Carolina is home to approximately 1,000 people. It's a nice place to settle down, as retirees make up a greater percentage of the population (30%) here than they do nationally (14%), while young adults are less well-represented. Overall, the town's residents, with an average age of just over 46, skew older than most cities in North Carolina. The majority of Lake Waccamaw residents own their homes, and 26% of residents rent. Renters in the town benefit from a relatively low average rent of $822/month, which is $109 per month less than the state average.

Lake Waccamaw has a large number of residents older than 25 with an Associate's degree (9%) compared to the national average (5%). Additionally, 11% have a Bachelor's degree and 6% have earned a Master's or Doctoral degree. Six percent of the population in Lake Waccamaw works in healthcare, making it the most common industry. Meanwhile, in terms of job function, many residents work in sales, as 6% of the town's population reports this as their field of work, the highest number of any field. With an average annual income of nearly $64,000, Lake Waccamaw workers bring in a bit less than their peers elsewhere in the state. The town's average income also trails the national average of $73,345.

Lake Waccamaw residents have an average commute of about 31 minutes, slower than the state average of about 25 minutes. Many residents (31%) drive their car or truck to work, while public transit is not widely used. A small percentage of residents walk to work.


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