The typical family size in Drexel, NC is 2.82 household members, with 74.4% owning their very own houses. The average home cost is $113788. For individuals leasing, they spend an average of $677 monthly. 49.7% of families have two sources of income, and a typical domestic income of $42703. Median individual income is $25991. 15.3% of inhabitants are living at or beneath the poverty line, and 15.3% are handicapped. 5.6% of residents of the town are former members regarding the military.
The labor pool participation rate in Drexel is 61.8%, with an unemployment rate of 2.8%. For those into the labor pool, the average commute time is 17.8 minutes. 7.1% of Drexel’s residents have a graduate degree, and 10.5% posses a bachelors degree. For all without a college degree, 34.6% have some college, 35.1% have a high school diploma, and only 12.8% have an education less than senior high school. 8.4% are not covered by medical insurance.
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