Living in Newland, North Carolina
Cost of living, income, home prices, rent and demographics of Newland · Census data 2020–2024
Newland has 866 residents with a median age of 47. The median household income is $46,006 (36% lower than the North Carolina median), the median home value is $241,700, the median rent is $792/month.
Newland is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Newland at a glance
- Population
- 866
- Median age
- 47State: 39.1
- Median household income
- $46,006State: $72,388
- Median home value
- $241,700State: $288,900
- Median rent
- $792/moState: $1,228
- Homeowners
- 58.1%
- Bachelor's degree or higher
- 27.8%
- Average commute
- 20 min
Is Newland a good place to live?
Pros: Home values 16% lower than the state median; an average commute of 20 minutes.
Cons: Median household income 36% lower than the North Carolina median; unemployment of 8.4%; a poverty rate of 22.3%.
The weather is best in June to September.
Cost of living in Newland
Housing is the biggest part of the cost of living. In Newland the median home value is $241,700, 27% lower than the U.S. median. Renters pay a median of $792 per month, which is 34.4% of household income. Homeowners with a mortgage pay $1,427 a month in housing costs.
Newland median household income
The median household income in Newland is $46,006 and the income per person is $28,444. 22.3% of residents live below the poverty line (North Carolina: 13%).
Housing in Newland: homes for sale and rent
- Housing units
- 471
- Owner-occupied
- 58.1%
- Renter-occupied
- 41.9%
- Vacant
- 17%Includes seasonal homes
- Median year built
- 1966
- Average household size
- 2.14
Newland demographics
- Population
- 866
- Median age
- 47
- Under 18
- 18.1%
- 65 and older
- 18.8%
- Households
- 391
- Foreign-born
- 3.6%
- Veterans
- 3.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Newland ›
Education in Newland
27.8% of adults 25 and older in Newland have a bachelor's degree or higher (North Carolina: 35.7%), and 8.2% have a graduate or professional degree.
Jobs and commute in Newland
- Unemployment rate
- 8.4%State: 4.7%
- Average commute
- 20 minState: 25 min
- Work from home
- 3.9%
- Drive alone
- 77.8%
- Public transit
- 0%
- Walk to work
- 1.7%
- Homes with broadband
- 77%
Newland vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Newland | 866 | $46,006 | $241,700 | $792 |
| Linville | 291 | $75,833 | — | — |
| Sugar Mountain | 539 | $96,094 | $343,800 | $1,500 |
| Elk Park | 560 | $41,583 | $160,400 | $241 |
| Banner Elk | 1,473 | $86,382 | $458,100 | $849 |
| Seven Devils | 425 | $111,667 | $426,900 | $1,583 |
| Beech Mountain | 987 | $90,855 | $443,500 | $1,137 |
| Foscoe | 1,226 | $49,243 | $325,800 | $928 |
| Roan Mountain | 797 | $55,625 | $166,200 | — |
More for people moving to Newland
Newland ZIP code ›Weather and climate ›Living in Newland: FAQ
What is the median household income in Newland, NC?
The median household income in Newland is $46,006, 36% lower 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 Newland?
The median home value in Newland is $241,700, compared with $288,900 in North Carolina.
How much is rent in Newland?
The median gross rent in Newland is $792 per month, about 34.4% of household income.
Is Newland, NC a good place to live?
Pluses: home values 16% lower than the state median; an average commute of 20 minutes. Minuses: median household income 36% lower than the North Carolina median; unemployment of 8.4%; a poverty rate of 22.3%.
What is the median age in Newland?
The median age in Newland is 47 years (North Carolina: 39.1).
How long is the commute in Newland?
The average commute to work in Newland is 20 minutes; 3.9% of workers work from home.
What is the unemployment rate in Newland?
The unemployment rate in Newland is 8.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Newland?
27.8% of adults in Newland 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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