Living in Lake Lure, North Carolina
Cost of living, income, home prices, rent and demographics of Lake Lure · Census data 2020–2024
Lake Lure has 1,543 residents with a median age of 61.7. The median household income is $80,357 (11% higher than the North Carolina median), the median home value is $627,000, the median rent is $786/month.
Lake Lure at a glance
- Population
- 1,543
- Median age
- 61.7State: 39.1
- Median household income
- $80,357State: $72,388
- Median home value
- $627,000State: $288,900
- Median rent
- $786/moState: $1,228
- Homeowners
- 88.1%
- Bachelor's degree or higher
- 57.8%
- Average commute
- 39 min
Is Lake Lure a good place to live?
Pros: Median household income 11% higher than the North Carolina median; a poverty rate of 11.5%.
Cons: Home values 117% higher than the state median; an average commute of 39 minutes; unemployment of 6.3%.
The weather is best in April–May and September–October.
Cost of living in Lake Lure
Housing is the biggest part of the cost of living. In Lake Lure the median home value is $627,000, 88% higher than the U.S. median. Renters pay a median of $786 per month, which is 19% of household income. Homeowners with a mortgage pay $2,079 a month in housing costs.
Lake Lure median household income
The median household income in Lake Lure is $80,357 and the income per person is $67,470. 11.5% of residents live below the poverty line (North Carolina: 13%).
Housing in Lake Lure: homes for sale and rent
- Housing units
- 2,425
- Owner-occupied
- 88.1%
- Renter-occupied
- 11.9%
- Vacant
- 66%Includes seasonal homes
- Median year built
- 1988
- Average household size
- 1.87
66% of homes are vacant most of the year, a sign that Lake Lure has many vacation and second homes.
Lake Lure demographics
- Population
- 1,543
- Median age
- 61.7
- Under 18
- 8.4%
- 65 and older
- 42.1%
- Households
- 824
- Foreign-born
- 5.1%
- Veterans
- 11.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Lake Lure ›
Education in Lake Lure
57.8% of adults 25 and older in Lake Lure have a bachelor's degree or higher (North Carolina: 35.7%), and 20.4% have a graduate or professional degree.
Jobs and commute in Lake Lure
- Unemployment rate
- 6.3%State: 4.7%
- Average commute
- 39 minState: 25 min
- Work from home
- 29%
- Drive alone
- 59.1%
- Public transit
- 0%
- Walk to work
- 1.4%
- Homes with broadband
- 90.5%
Lake Lure vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lake Lure | 1,543 | $80,357 | $627,000 | $786 |
| Chimney Rock Village | 122 | $64,375 | $477,300 | $1,617 |
| Edneyville | 2,716 | $53,818 | $286,400 | $836 |
| Fairview | 2,298 | $92,132 | $439,600 | — |
| Dana | 4,147 | $60,450 | $249,700 | $775 |
| Old Fort | 555 | $47,500 | $135,900 | $818 |
| Fruitland | 2,398 | $48,025 | $133,100 | $906 |
| Hoopers Creek | 1,683 | $52,315 | $345,900 | $1,124 |
| Black Mountain | 8,513 | $77,042 | $358,900 | $1,652 |
More for people moving to Lake Lure
Lake Lure ZIP code ›Weather and climate ›Living in Lake Lure: FAQ
What is the median household income in Lake Lure, NC?
The median household income in Lake Lure is $80,357, 11% higher than 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 Lake Lure?
The median home value in Lake Lure is $627,000, compared with $288,900 in North Carolina.
How much is rent in Lake Lure?
The median gross rent in Lake Lure is $786 per month, about 19% of household income.
Is Lake Lure, NC a good place to live?
Pluses: median household income 11% higher than the North Carolina median; a poverty rate of 11.5%. Minuses: home values 117% higher than the state median; an average commute of 39 minutes; unemployment of 6.3%.
What is the median age in Lake Lure?
The median age in Lake Lure is 61.7 years (North Carolina: 39.1).
How long is the commute in Lake Lure?
The average commute to work in Lake Lure is 39 minutes; 29% of workers work from home.
What is the unemployment rate in Lake Lure?
The unemployment rate in Lake Lure is 6.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lake Lure?
57.8% of adults in Lake Lure 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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