Living in Montreat, North Carolina
Cost of living, income, home prices, rent and demographics of Montreat · Census data 2020–2024
Montreat has 630 residents with a median age of 19.9. The median household income is $115,568 (60% higher than the North Carolina median), the median home value is $606,400.
Montreat is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Montreat at a glance
- Population
- 630
- Median age
- 19.9State: 39.1
- Median household income
- $115,568State: $72,388
- Median home value
- $606,400State: $288,900
- Homeowners
- 100%
- Bachelor's degree or higher
- 91.5%
- Average commute
- 13 min
Is Montreat a good place to live?
Pros: Median household income 60% higher than the North Carolina median; an average commute of 13 minutes.
Cons: Home values 110% higher than the state median; unemployment of 9.6%.
The weather is best in May–June and September–October.
Cost of living in Montreat
Housing is the biggest part of the cost of living. In Montreat the median home value is $606,400, 82% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.
Montreat median household income
The median household income in Montreat is $115,568 and the income per person is $16,033. 0% of residents live below the poverty line (North Carolina: 13%).
Housing in Montreat: homes for sale and rent
- Housing units
- 755
- Owner-occupied
- 100%
- Renter-occupied
- 0%
- Vacant
- 91.8%Includes seasonal homes
- Median year built
- 1962
- Average household size
- 2.85
91.8% of homes are vacant most of the year, a sign that Montreat has many vacation and second homes.
Montreat demographics
- Population
- 630
- Median age
- 19.9
- Under 18
- 7.9%
- 65 and older
- 2.4%
- Households
- 62
- Foreign-born
- 1.3%
- Veterans
- 1.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Montreat ›
Education in Montreat
91.5% of adults 25 and older in Montreat have a bachelor's degree or higher (North Carolina: 35.7%), and 34.2% have a graduate or professional degree.
Jobs and commute in Montreat
- Unemployment rate
- 9.6%State: 4.7%
- Average commute
- 13 minState: 25 min
- Work from home
- 13.9%
- Drive alone
- 39%
- Public transit
- 0%
- Walk to work
- 45.2%
- Homes with broadband
- 100%
Montreat vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Montreat | 630 | $115,568 | $606,400 | — |
| Black Mountain | 8,513 | $77,042 | $358,900 | $1,652 |
| Swannanoa | 6,901 | $69,760 | $287,500 | $788 |
| Old Fort | 555 | $47,500 | $135,900 | $818 |
| Fairview | 2,298 | $92,132 | $439,600 | — |
| Barnardsville | 445 | $97,610 | $153,000 | — |
| Chimney Rock Village | 122 | $64,375 | $477,300 | $1,617 |
| Lake Lure | 1,543 | $80,357 | $627,000 | $786 |
| Weaverville | 4,687 | $88,221 | $463,700 | $1,783 |
More for people moving to Montreat
Montreat ZIP code ›Weather and climate ›Living in Montreat: FAQ
What is the median household income in Montreat, NC?
The median household income in Montreat is $115,568, 60% 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 Montreat?
The median home value in Montreat is $606,400, compared with $288,900 in North Carolina.
Is Montreat, NC a good place to live?
Pluses: median household income 60% higher than the North Carolina median; an average commute of 13 minutes. Minuses: home values 110% higher than the state median; unemployment of 9.6%.
What is the median age in Montreat?
The median age in Montreat is 19.9 years (North Carolina: 39.1).
How long is the commute in Montreat?
The average commute to work in Montreat is 13 minutes; 13.9% of workers work from home.
What is the unemployment rate in Montreat?
The unemployment rate in Montreat is 9.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Montreat?
91.5% of adults in Montreat 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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