Living in Asheville, North Carolina

Cost of living, income, home prices, rent and demographics of Asheville · Census data 2020–2024

Asheville has 94,535 residents with a median age of 40.7. The median household income is $71,102 (about the same as the North Carolina median), the median home value is $440,000, the median rent is $1,402/month.

Asheville at a glance

Population
94,535
Median age
40.7State: 39.1
Median household income
$71,102State: $72,388
Median home value
$440,000State: $288,900
Median rent
$1,402/moState: $1,228
Homeowners
51.9%
Bachelor's degree or higher
53.4%
Average commute
18 min

Is Asheville a good place to live?

Pros: An average commute of 18 minutes.

Cons: Median household income about the same as the North Carolina median; home values 52% higher than the state median; unemployment of 5.1%; a poverty rate of 14.3%.

The weather is best in May–June and September–October.

Cost of living in Asheville

Housing is the biggest part of the cost of living. In Asheville the median home value is $440,000, 32% higher than the U.S. median. Renters pay a median of $1,402 per month, which is 31.7% of household income. Homeowners with a mortgage pay $1,886 a month in housing costs.

Median home value

Asheville$440,000
North Carolina$288,900
United States$332,700

Median monthly rent

Asheville$1,402
North Carolina$1,228
United States$1,413

Asheville median household income

The median household income in Asheville is $71,102 and the income per person is $45,430. 14.3% of residents live below the poverty line (North Carolina: 13%).

Median household income

Asheville$71,102
North Carolina$72,388
United States$80,734

Housing in Asheville: homes for sale and rent

Housing units
50,034
Owner-occupied
51.9%
Renter-occupied
48.1%
Vacant
25.3%Includes seasonal homes
Median year built
1982
Average household size
2.43

Asheville demographics

Population
94,535
Median age
40.7
Under 18
14.8%
65 and older
20.1%
Households
37,394
Foreign-born
7%
Veterans
5.6%Adults 18+

Race and ethnicity

White80.3%
Hispanic or Latino6.6%
Black8.2%
Asian1.1%

Hispanic or Latino can be of any race. Population history of Asheville ›

Education in Asheville

53.4% of adults 25 and older in Asheville have a bachelor's degree or higher (North Carolina: 35.7%), and 22.7% have a graduate or professional degree.

Bachelor's degree or higher

Asheville53.4%
North Carolina35.7%
United States35.7%

Jobs and commute in Asheville

Unemployment rate
5.1%State: 4.7%
Average commute
18 minState: 25 min
Work from home
20.1%
Drive alone
66.1%
Public transit
1.3%
Walk to work
3.4%
Homes with broadband
90.5%

Asheville vs nearby towns

TownPopulationMedian incomeHome valueRent
Asheville94,535$71,102$440,000$1,402
Biltmore Forest1,587$169,167$1,333,300—
Emma2,657$43,907$92,300$1,064
Bent Creek1,384$72,176$404,000—
Woodfin8,048$71,384$366,700$1,546
Royal Pines4,325$107,885$400,200$1,596
Avery Creek2,887$113,261$412,900—
Weaverville4,687$88,221$463,700$1,783
Fairview2,298$92,132$439,600—

More for people moving to Asheville

Asheville ZIP code ›Weather and climate ›

Living in Asheville: FAQ

What is the median household income in Asheville, NC?

The median household income in Asheville is $71,102, about the same as the North Carolina median of $72,388 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Asheville?

The median home value in Asheville is $440,000, compared with $288,900 in North Carolina.

How much is rent in Asheville?

The median gross rent in Asheville is $1,402 per month, about 31.7% of household income.

Is Asheville, NC a good place to live?

Pluses: an average commute of 18 minutes. Minuses: median household income about the same as the North Carolina median; home values 52% higher than the state median; unemployment of 5.1%; a poverty rate of 14.3%.

What is the median age in Asheville?

The median age in Asheville is 40.7 years (North Carolina: 39.1).

How long is the commute in Asheville?

The average commute to work in Asheville is 18 minutes; 20.1% of workers work from home.

What is the unemployment rate in Asheville?

The unemployment rate in Asheville is 5.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Asheville?

53.4% of adults in Asheville have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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