Living in Swannanoa, North Carolina
Cost of living, income, home prices, rent and demographics of Swannanoa · Census data 2020–2024
Swannanoa has 6,901 residents with a median age of 37.1. The median household income is $69,760 (4% lower than the North Carolina median), the median home value is $287,500, the median rent is $788/month.
Swannanoa at a glance
- Population
- 6,901
- Median age
- 37.1State: 39.1
- Median household income
- $69,760State: $72,388
- Median home value
- $287,500State: $288,900
- Median rent
- $788/moState: $1,228
- Homeowners
- 78.6%
- Bachelor's degree or higher
- 27.4%
- Average commute
- 19 min
Is Swannanoa a good place to live?
Pros: Home values about the same as the state median; an average commute of 19 minutes.
Cons: Median household income 4% lower than the North Carolina median; unemployment of 14.8%; a poverty rate of 16.8%.
The weather is best in May–June and September–October.
Cost of living in Swannanoa
Housing is the biggest part of the cost of living. In Swannanoa the median home value is $287,500, 14% lower than the U.S. median. Renters pay a median of $788 per month, which is 32.8% of household income. Homeowners with a mortgage pay $1,466 a month in housing costs.
Swannanoa median household income
The median household income in Swannanoa is $69,760 and the income per person is $25,414. 16.8% of residents live below the poverty line (North Carolina: 13%).
Housing in Swannanoa: homes for sale and rent
- Housing units
- 2,298
- Owner-occupied
- 78.6%
- Renter-occupied
- 21.4%
- Vacant
- 20.2%Includes seasonal homes
- Median year built
- 1985
- Average household size
- 3.52
Swannanoa demographics
- Population
- 6,901
- Median age
- 37.1
- Under 18
- 23.5%
- 65 and older
- 16.4%
- Households
- 1,834
- Foreign-born
- 15.8%
- Veterans
- 8.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Swannanoa ›
Education in Swannanoa
27.4% of adults 25 and older in Swannanoa have a bachelor's degree or higher (North Carolina: 35.7%), and 7.7% have a graduate or professional degree.
Jobs and commute in Swannanoa
- Unemployment rate
- 14.8%State: 4.7%
- Average commute
- 19 minState: 25 min
- Work from home
- 13.7%
- Drive alone
- 80.9%
- Public transit
- 0%
- Walk to work
- 4.5%
- Homes with broadband
- 91.3%
Swannanoa vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Swannanoa | 6,901 | $69,760 | $287,500 | $788 |
| Black Mountain | 8,513 | $77,042 | $358,900 | $1,652 |
| Fairview | 2,298 | $92,132 | $439,600 | — |
| Montreat | 630 | $115,568 | $606,400 | — |
| Asheville | 94,535 | $71,102 | $440,000 | $1,402 |
| Biltmore Forest | 1,587 | $169,167 | $1,333,300 | — |
| Royal Pines | 4,325 | $107,885 | $400,200 | $1,596 |
| Hoopers Creek | 1,683 | $52,315 | $345,900 | $1,124 |
| Weaverville | 4,687 | $88,221 | $463,700 | $1,783 |
More for people moving to Swannanoa
Swannanoa ZIP code ›Weather and climate ›Living in Swannanoa: FAQ
What is the median household income in Swannanoa, NC?
The median household income in Swannanoa is $69,760, 4% 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 Swannanoa?
The median home value in Swannanoa is $287,500, compared with $288,900 in North Carolina.
How much is rent in Swannanoa?
The median gross rent in Swannanoa is $788 per month, about 32.8% of household income.
Is Swannanoa, NC a good place to live?
Pluses: home values about the same as the state median; an average commute of 19 minutes. Minuses: median household income 4% lower than the North Carolina median; unemployment of 14.8%; a poverty rate of 16.8%.
What is the median age in Swannanoa?
The median age in Swannanoa is 37.1 years (North Carolina: 39.1).
How long is the commute in Swannanoa?
The average commute to work in Swannanoa is 19 minutes; 13.7% of workers work from home.
What is the unemployment rate in Swannanoa?
The unemployment rate in Swannanoa is 14.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Swannanoa?
27.4% of adults in Swannanoa 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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