Buncombe County, NC Economy


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United States / North Carolina / / Buncombe County / Cities / Zip Codes
Buncombe County is a vibrant community located in North Carolina. It is known for its excellent school systems, local businesses, and many attractions. The county has several highly rated schools like the University of North Carolina at Asheville, Asheville City Schools, Buncombe County Schools, and Western Carolina University. There are also many local businesses such as Ingles Markets, Biltmore Estate Winery, and the Sierra Nevada Brewing Company that provide economic growth to the area. For those looking to explore the area there are plenty of outdoor activities including hiking trails in Pisgah National Forest or exploring downtown Asheville’s art galleries and restaurants.

Buncombe County has an unemployment rate of 4.3%. The US average is 6.0%.

Buncombe County has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 40.9%, which is higher than the US average of 33.5%.

Tax Rates for Buncombe County
- The Sales Tax Rate for Buncombe County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Buncombe County is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Buncombe County
- The average income of a Buncombe County resident is $26,930 a year. The US average is $28,555 a year.
- The Median household income of a Buncombe County resident is $59,699 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBuncombe, North CarolinaUnited States
  4.36
  -9.1%-6.2%
  40.9%33.5%
  7.0%6.2%
  5.3%4.6%
  $36,057$37,638
  $59,699$69,021
  $78,995$85,028
  Population by Occupation
  0.7%1.2%
  0.1%0.5%
  7.8%6.8%
  10.1%10.0%
  1.7%2.5%
  12.2%11.0%
  2.6%4.8%
  0.5%0.8%
  1.4%1.9%
  2.5%4.7%
  2.4%1.9%
  7.4%7.6%
  0.1%0.1%
  3.5%4.2%
  8.0%9.3%
  17.4%14.0%
  2.7%2.1%
  10.8%7.0%
  5.4%4.8%
  2.8%4.7%
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