Living in Mountain Home, North Carolina

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

Mountain Home has 3,437 residents with a median age of 50.5. The median household income is $83,083 (15% higher than the North Carolina median), the median home value is $400,000, the median rent is $1,240/month.

Mountain Home at a glance

Population
3,437
Median age
50.5State: 39.1
Median household income
$83,083State: $72,388
Median home value
$400,000State: $288,900
Median rent
$1,240/moState: $1,228
Homeowners
75.4%
Bachelor's degree or higher
42%
Average commute
19 min

Is Mountain Home a good place to live?

Pros: Median household income 15% higher than the North Carolina median; an average commute of 19 minutes; unemployment of 0.7%; a poverty rate of 11.9%.

Cons: Home values 38% higher than the state median.

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

Cost of living in Mountain Home

Housing is the biggest part of the cost of living. In Mountain Home the median home value is $400,000, 20% higher than the U.S. median. Renters pay a median of $1,240 per month, which is 51% of household income. Homeowners with a mortgage pay $1,436 a month in housing costs.

Median home value

Mountain Home$400,000
North Carolina$288,900
United States$332,700

Median monthly rent

Mountain Home$1,240
North Carolina$1,228
United States$1,413

Mountain Home median household income

The median household income in Mountain Home is $83,083 and the income per person is $41,711. 11.9% of residents live below the poverty line (North Carolina: 13%).

Median household income

Mountain Home$83,083
North Carolina$72,388
United States$80,734

Housing in Mountain Home: homes for sale and rent

Housing units
1,545
Owner-occupied
75.4%
Renter-occupied
24.6%
Vacant
6.5%Includes seasonal homes
Median year built
1989
Average household size
2.27

Mountain Home demographics

Population
3,437
Median age
50.5
Under 18
12.1%
65 and older
27.1%
Households
1,445
Foreign-born
11.5%
Veterans
10.2%Adults 18+

Race and ethnicity

White81.6%
Hispanic or Latino15.5%
Black1%
Asian1.7%

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

Education in Mountain Home

42% of adults 25 and older in Mountain Home have a bachelor's degree or higher (North Carolina: 35.7%), and 9.3% have a graduate or professional degree.

Bachelor's degree or higher

Mountain Home42%
North Carolina35.7%
United States35.7%

Jobs and commute in Mountain Home

Unemployment rate
0.7%State: 4.7%
Average commute
19 minState: 25 min
Work from home
7.1%
Drive alone
82.3%
Public transit
0%
Walk to work
0%
Homes with broadband
95.8%

Mountain Home vs nearby towns

TownPopulationMedian incomeHome valueRent
Mountain Home3,437$83,083$400,000$1,240
Balfour1,134$70,116$292,600$591
Laurel Park2,408$90,000$433,100$1,418
Hendersonville15,408$53,449$317,000$1,332
Horse Shoe1,490$64,096$407,500—
Fletcher8,098$75,272$331,100$1,484
Fruitland2,398$48,025$133,100$906
Mills River7,281$105,398$436,100$1,551
Valley Hill2,675$86,599$353,100—

More for people moving to Mountain Home

Mountain Home ZIP code ›Weather and climate ›

Living in Mountain Home: FAQ

What is the median household income in Mountain Home, NC?

The median household income in Mountain Home is $83,083, 15% 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 Mountain Home?

The median home value in Mountain Home is $400,000, compared with $288,900 in North Carolina.

How much is rent in Mountain Home?

The median gross rent in Mountain Home is $1,240 per month, about 51% of household income.

Is Mountain Home, NC a good place to live?

Pluses: median household income 15% higher than the North Carolina median; an average commute of 19 minutes; unemployment of 0.7%; a poverty rate of 11.9%. Minuses: home values 38% higher than the state median.

What is the median age in Mountain Home?

The median age in Mountain Home is 50.5 years (North Carolina: 39.1).

How long is the commute in Mountain Home?

The average commute to work in Mountain Home is 19 minutes; 7.1% of workers work from home.

What is the unemployment rate in Mountain Home?

The unemployment rate in Mountain Home is 0.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Mountain Home?

42% of adults in Mountain Home 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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