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CITY · 2020 ACS

Drexel

North Carolina · 1,760 residents · 1.382 sq mi
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The short version

Drexel has lower-than-average household income, with a median household income of $57,609. Population has declined 9% since 2000. 20% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has risen by half since 2000, reaching $120,200. With a median age of 46.7, the population is older than the US median of 38.8.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 46.7
US median: 38.8
Less educated
20% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
1,760
−9%since 2000
from 1,938 in 2000
1990 – 2025
Population density
1,274 / sq mi
−9%since 2000
from 1,402 / sq mi in 2000
US average: 280
Median age
46.7
+23%since 2000
from 38.1 in 2000
US average: 38.8
Population, 1990 – 2024
2K2K2K2K2K1990201020202024Drexel
20242K
1990201020202024
Section 02

Income & economy

Median household income
$57,609
+9%inflation adjusted, since 2000
from $35,086 in 2000
US average: $66,278
1990 – 2024
Per capita income
$29,217
+58%since 2000
from $18,463 in 2000
US average: $35,364
Households earning $100K+
33.9%
+17.8 ptssince 2009
from 16.1% in 2009
US average: 43.9%
Poverty rate
11.8%
+4.7 ptssince 2000
from 7.1% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade24.3%
US avg: 10%
Information8%
US avg: 11.1%
Wholesale trade6.9%
US avg: 6.7%
Transportation & warehousing3.5%
US avg: 2.5%
Other services2.4%
US avg: 6.6%
Public administration2%
US avg: 4.7%
Finance & insurance0.5%
US avg: 5.5%
Professional, scientific, technical0.5%
US avg: 4.7%
Arts, entertainment, food0.5%
US avg: 2%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$120,200
+1%inflation adjusted, since 2000
from $79,500 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$613
−6%inflation adjusted, since 2000
from $433 in 2000
US average: $1,124
Owner-occupied
66.9%
+0.1 ptssince 2000
from 66.8% in 2000
33.1% rent
Afford Score
2.1
−8%since 2000
from 2.3 in 2000
1990 – 2024
RELATED:See current rent listings in Drexel on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic84.2%(1,632)
Black3.9%(75)
Hispanic / Latino4%(77)
Asian7%(135)
Other0%
Diversity Score33.6%(651)
2020
White, non-Hispanic81.1%(1,428)
Black4%(70)
Hispanic / Latino7%(123)
Asian2.9%(51)
Other1.7%(31)
Diversity Score36.1%(635)
Diversity Score
36
+7%since 2000
from 34 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
20.1%
+1.7 ptssince 2000
from 18.4% in 2000
US average: 32.9%
High school or higher
89.1%
+19.8 ptssince 2000
from 69.3% in 2000
US average: 88.5%
Graduate degree
8.4%
+3.3 ptssince 2000
from 5.2% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
18.0 min
+58%since 2000
from 11.4 min in 2000
US average: 26.9
Drive alone to work
87.9%
−0.2 ptssince 2009
from 88.1% in 2009
US average: 75.1%
No vehicle available
1.9%
−19.2 ptssince 2009
from 21.0% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
2.7%
−2.8 ptssince 2011
from 5.5% in 2011
US average: 5.4%
Labor force participation
63.2%
+1.7 ptssince 2011
from 61.5% in 2011
US average: 63.4%
Management & professional
35.4%
−31.6 ptssince 2009
from 67.1% in 2009
US average: 39.3%
Section 08

People & community

Male
50.1%
+9.3 ptssince 2009
from 40.9% in 2009
Female
49.9%
−9.3 ptssince 2009
from 59.1% in 2009
Foreign born
5.6%
+2.3 ptssince 2009
from 3.2% in 2009
US average: 13.5%
Uninsured
7.6%
−78.2 ptssince 2013
from 85.8% in 2013
US average: 8.8%
Drill deeper

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Compare Drexel to nearby cities

DREXEL VS
Morganton
Income$51,355−11%
Home value$221,700+84%
Population17,849+912%
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DREXEL VS
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Income$49,910−13%
Home value$179,400+49%
Population18,372+941%
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DREXEL VS
Hickory
Income$64,576+12%
Home value$278,400+132%
Population45,975+2506%
SEE FULL COMPARISON →
DREXEL VS
St. Stephens
Income$60,394+5%
Home value$213,300+77%
Population9,457+436%
SEE FULL COMPARISON →
Frequently asked

How many people live in Drexel, North Carolina?

Drexel, North Carolina has about 1,760 residents according to the 2020 American Community Survey.

What is the median household income in Drexel, North Carolina?

The typical household in Drexel, North Carolina earns about $57,609 a year. Half of households make more than that, and half make less.

Is Drexel, North Carolina expensive?

In Drexel, North Carolina, the median home is worth about $120,200, and the typical rent is about $613 a month.

How educated are people in Drexel, North Carolina?

About 20.1% of adults age 25 and over in Drexel, North Carolina hold a bachelor's degree or higher.

What is the poverty rate in Drexel, North Carolina?

About 11.8% of people in Drexel, North Carolina live below the federal poverty line.

Has Drexel, North Carolina grown since 1990?

Yes, Drexel, North Carolina has grown since 1990. The population has added about 14 residents, a change of about 1 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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