Bolivia, North Carolina, is a small town in Brunswick County with a population of 194 residents as of 2022. The town's population has been steadily increasing over the years, with a 1.55% increase in population between 2021 and 2022. The median age of Bolivia's residents is 43.2 years, with a fairly even split between males (48.45%) and females (51.55%). The racial composition of the town is predominantly White (Non-Hispanic) at 97.5%, with small percentages of the population identifying as Black or African American (Non-Hispanic) (2.54%) and Native American (0.53%).
What You'll Learn
Population in 2022
Bolivia, North Carolina, had a population of 197 people in 2022, according to the most recent data. This figure represents a 1.55% increase from the previous year, when the population was recorded to be 194. The median age of the town's residents is 43.2 years, with a slight majority of females (51.55%) making up the population.
Bolivia is a small town, with a total area of 0.62 square miles and a population density of 281 people per square mile. The racial composition of the town is predominantly White (Non-Hispanic), accounting for 97.5% of the population. Other racial groups include Black or African American (Non-Hispanic) at 2.54%, and a small number of American Indian and Alaska Native (Non-Hispanic) individuals.
The median household income in Bolivia has seen a significant increase from $33,056 in 2021 to $50,972 in 2022, a growth of 54.2%. The town's economy employs 66 people across various industries, with the largest being Retail Trade (12 people), Accommodation & Food Services (10 people), and Manufacturing (8 people). From 2021 to 2022, the overall employment in Bolivia grew by 8.2%.
The population of Bolivia has been steadily increasing over the years, with a projected population of 277 in 2024, according to the US Census Bureau's estimates. This growth is expected to maintain a consistent rate, similar to the increase from 2022 to 2023.
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Racial composition
The racial composition of Bolivia, North Carolina, has varied over time. According to the 2000 United States census, the town's racial makeup was 96.62% White, 1.35% African American, 1.35% Native American, and 0.68% from two or more races.
The 2010 United States Census reported similar figures, with 96.62% Caucasian, 1.35% African American, 1.35% Native American, and 0.68% identifying as two or more races.
More recent data from 2022 to 2024 suggests a slight shift in the racial composition of Bolivia, North Carolina. While the majority of the population continues to identify as White, the proportion has decreased, with estimates ranging from 77.5% to 97.5%. The second-largest racial group is Black or African American, comprising between 2.5% and 14.7% of the population.
It is worth noting that the percentage of residents of Hispanic or Latino origin in Bolivia, North Carolina, is 4.75%. However, this group may be included in any of the applicable race categories, as Hispanics can be of any race.
The town of Bolivia, North Carolina, was settled by European Americans in the 1890s and was officially incorporated in 1911. The town's name is believed to have originated from the boxes being shipped from the area, which were labelled "Bolivia", referring to the country in South America.
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Median household income
The median household income in Bolivia, North Carolina, has seen an upward trend over the years. In 2000, the median household income was $33,125. By 2022, this figure had increased to $50,972, representing a notable 54.2% growth over the years. This increase in median household income is significant, as it indicates a positive development in the financial well-being of families in Bolivia, NC.
The average annual household income in Bolivia, NC, also known as the mean income, provides additional insight into the town's economic landscape. In 2022, the average household income was $43,938, which is higher than the median income. This difference between the average and median incomes suggests that there may be a degree of income inequality within the town.
The median income for families in Bolivia, NC, also showed a slight increase. In 2000, the median family income was reported as $35,625, while in 2022, the median household income for families was $50,972. This increase aligns with the overall trend of rising median incomes in the town.
It is worth noting that the cost of living in Bolivia, NC, is relatively lower than the national average. As of March 2022, the cost of living index for the town was 83.4, compared to the U.S. average of 100. This lower cost of living may contribute to the purchasing power of residents and impact their overall standard of living.
In summary, Bolivia, North Carolina, has experienced a positive trend in median household income growth over the years, with a significant increase between 2021 and 2022. The town's average household income, family median income, and lower cost of living further contribute to the financial landscape of the community.
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Employment statistics
Bolivia, North Carolina has a population of between 143 and 197 people, with a median age of around 43. The majority of the population is female, and the vast majority are US citizens.
The economy of Bolivia employs 66 people, with the largest industries being retail trade, accommodation and food services, and manufacturing. The highest-paying industries are public administration, total, and retail trade. From 2021 to 2022, employment in Bolivia grew by 8.2%, from 61 employees to 66.
The most common job groups in Bolivia are sales and related occupations, installation, maintenance, and repair occupations, and education instruction and library occupations. Most people in Bolivia drive alone to work, with an average commute time of 20.8 minutes.
In terms of employment type, 80.33% of the working population in Bolivia are white-collar workers, while 19.67% are blue-collar workers. There are also a small number of entrepreneurs (3.28%), and around 70% of workers are employed by private companies.
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Education statistics
Bolivia, North Carolina has a population of 143 as of the 2020 census. The population has been steadily increasing over the years, with a 1.55% increase between 2021 and 2022, bringing the population to 197.
The town has a high literacy rate, with 89.6% of over 25-year-olds having completed high school or higher, and 45.1% holding a bachelor's degree or higher. The town is served by Bolivia Elementary School, and two institutions of further education: Brunswick Community College, and Brunswick County Academy and Early College.
The largest employment sectors in Bolivia are retail trade, accommodation and food services, and manufacturing. The most common occupations are waiters and waitresses, information and record clerks, labourers and material movers, and preschool, kindergarten, elementary, and middle school teachers.
The median household income in Bolivia has increased by 54.2% between 2021 and 2022, rising from $33,056 to $50,972. This is a significant increase from the median household income of $33,125 in 2000.
The population of Bolivia is 100% US citizens, with 0% born outside of the country. The largest ethnic group is White (non-Hispanic), making up 97.5% of the population. There are very few non-English-speaking households, with all residents speaking English as their primary language at home.
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Frequently asked questions
The population of Bolivia, NC, was 197 as of 2022.
The population of Bolivia, NC, was 143 as per the 2020 census.
The projected population of Bolivia, NC, for 2024 is 277.
The largest racial/ethnic groups in Bolivia, NC, are White (97.5%) and Black (2.5%).
The median age of the population in Bolivia, NC, is 43.2 years.