Lake Toxaway is a very small town located in the state of North Carolina. With a population of 1,347 people and just one neighborhood, Lake Toxaway is the 369th largest community in North Carolina.
Lake Toxaway real estate is some of the most expensive in North Carolina, although Lake Toxaway house values don't compare to the most expensive real estate in the U.S.
Unlike some towns, Lake Toxaway isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in Lake Toxaway are a mix of both white- and blue-collar jobs. Overall, Lake Toxaway is a town of sales and office workers, service providers, and professionals. There are especially a lot of people living in Lake Toxaway who work in sales jobs (22.18%), food service (9.59%), and healthcare (6.39%).
Of important note, Lake Toxaway is also a town of artists. Lake Toxaway has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Lake Toxaway’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 12.72% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Another notable thing is that Lake Toxaway is an extremely popular vacation destination. A significant portion of the population is seasonal. During the vacation season, the town experiences a large influx of people who take up residence in second homes they own in the area. As the vacation season ends, the population drops again, leaving behind a substantially quieter and smaller town.
Because of many things, Lake Toxaway is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Lake Toxaway really has some of the features that families look for when choosing a good community to raise children. Is Lake Toxaway perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
The town is relatively quiet, having a combination of lower population density and few of those groups of people who have a tendency to be noisy. For example, Lake Toxaway has relatively fewer families with younger children, and/or college students. Combined, this makes Lake Toxaway a pretty quiet place to live overall. If you like quiet, you will probably enjoy it here.
As is often the case in a small town, Lake Toxaway doesn't have a public transportation system that people use for their commute.
The education level of Lake Toxaway citizens is very high relative to the national average among all cities (21.84%): 34.30% of adults in Lake Toxaway have a bachelor's degree or even advanced degree.
The per capita income in Lake Toxaway in 2022 was $38,098, which is upper middle income relative to North Carolina and the nation. This equates to an annual income of $152,392 for a family of four. However, Lake Toxaway contains both very wealthy and poor people as well.
The people who call Lake Toxaway home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lake Toxaway residents report their race to be White. Important ancestries of people in Lake Toxaway include English, Scots-Irish, German, Irish, and Scottish.
The most common language spoken in Lake Toxaway is English. Other important languages spoken here include Italian and Polish.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Despite all of the residential real estate here in the neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 54.1%, which is higher than 99.0% of all U.S. neighborhoods.
There are more people living in the neighborhood employed as sales and service workers (58.3%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.
Priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the neighborhood may actually hold the key. 69.7% of its residents are married, which is a higher percentage than is found in 96.0% of the neighborhoods in America.
Did you know that the neighborhood has more Scots-Irish and British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 11.0% of this neighborhood's residents have Scots-Irish ancestry and 3.9% have British ancestry.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the neighborhood in Lake Toxaway are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 68.8% of U.S. neighborhoods. With 26.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 77.1% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the neighborhood, 41.7% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 22.6% of the residents employed. Other residents here are employed in executive, management, and professional occupations (21.6%), and 11.5% in clerical, assistant, and tech support occupations.
The most common language spoken in the neighborhood is English, spoken by 100.0% of households.
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the neighborhood in Lake Toxaway, NC, residents most commonly identify their ethnicity or ancestry as English (14.2%). There are also a number of people of Scots-Irish ancestry (11.0%), and residents who report German roots (6.7%), and some of the residents are also of Irish ancestry (5.6%), along with some Scottish ancestry residents (4.2%), among others.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend under 15 minutes commuting one-way to work (32.1% of working residents), one of the shortest commutes across America.
Here most residents (83.6%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.