Black Mountain, NC Economy


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\nBlack Mountain, NC is a charming mountain town located in Buncombe County. It's close proximity to the Blue Ridge Mountains and Asheville make it a popular destination for outdoorsy sightseers and adventurers. Its cost of living is fairly low with an average two bedroom rent of $1,310 compared to the national average at $1,430. Groceries also come at a lower price with the grocery cost index in Black Mountain being 102 versus the US average of 100. Popular attractions include Pisgah National Forest for outdoor recreation, The Black Mountain Center for the Arts that provides local events and workshops, and historic Old Depot Railroad Museum which celebrates the area’s rich railway history and culture. Local businesses such as Mountain Air Trampoline Park provide fun activities for families looking for some outdoor entertainment or if you’re looking for something more relaxed there’s Reinhardt’s BBQ and Grill serving up classic Southern Barbeque fare. With its picturesque views and vibrant atmosphere, Black Mountain is an ideal destination for visitors looking to experience western North Carolina for its nature, culture, food, and entertainment offerings.

Black Mountain has an unemployment rate of 4.3%. The US average is 6.0%.

Black Mountain 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 Black Mountain
- The Sales Tax Rate for Black Mountain is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Black Mountain 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 Black Mountain
- The average income of a Black Mountain resident is $23,567 a year. The US average is $28,555 a year.
- The Median household income of a Black Mountain resident is $68,333 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBlack Mountain, North CarolinaUnited States
  4.36
  -9.1%-6.2%
  40.9%33.5%
  7.0%6.2%
  5.3%4.6%
  $37,985$37,638
  $68,333$69,021
  $85,262$85,028
  Population by Occupation
  0.9%1.2%
  0.5%0.5%
  9.6%6.8%
  11.0%10.0%
  0.9%2.5%
  8.3%11.0%
  1.6%4.8%
  0.6%0.8%
  2.2%1.9%
  2.1%4.7%
  2.2%1.9%
  8.3%7.6%
  0.0%0.1%
  3.0%4.2%
  6.8%9.3%
  20.9%14.0%
  4.3%2.1%
  3.3%7.0%
  10.8%4.8%
  2.8%4.7%
Reviews for Black Mountain
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Over 2 years ago

I lived in Black Mountain for about ten years and loved it! Beautiful scenery, friendly people, and a great vibe. I had to move back to my home state because of family  More

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Over 12 years ago

Moved to the mountains only 2 years ago from a big NC city. Thought this area near Asheville would be nice, but the people here are unkind and no one associates outside  More

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Over 15 years ago

There is no town in the US that is more similar to a Thonas Kinkade painting than Black Mountain, NC. You have to experience the magic of the mountains here to  More

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