City

Mills River, NC

1 ZIP code  ·  Buncombe County  ·  North Carolina

👥7,564Population
💰$88,984Median HH Income▲ 17% above avg
🎂46.8Median Age
🏠$364,900Median Home Value▲ 31% above avg
🎓57.9%College Grads▲ 49% above avg
📊5.0%Unemployment≈ Avg
People & Population (ACS 2023 — weighted avg)
♂ Male 48.3% Female 51.7% ♀

Race & Ethnicity

White: 83.9%Hispanic: 4.4%Black: 3%Asian: 4.4%Other: 2.9%Race
White83.9%
Hispanic4.4%
Black3.0%
Asian4.4%
Other2.9%

Age Breakdown

Under 5
5%
5–17
16%
18–24
6%
25–44
19%
45–64
29%
65+
13%

Key Indicators

Median Age46.8 yrs
Avg HH Size2.55
Below Poverty2.7% ▼ 73% below avg
College Grads57.9% ▲ 49% above avg
Unemployment5.0% ≈ Avg
No HS Diploma87 (1.7%)
HS Graduate997 (19.2%)
Some College474 (9.1%)
Associates629 (12.1%)
Bachelors745 (14.4%)
Graduate Degree2,256 (43.5%)

Education

No HS: 1.7%HS Grad: 19.2%Some College: 9.1%Associates: 12.1%Bachelors: 14.4%Graduate: 43.5%Edu
No HS1.7%
HS Grad19.2%
Some College9.1%
Associates12.1%
Bachelors14.4%
Graduate43.5%
Housing & Income

Housing Tenure

Owner: 86.7%Renter: 13.3%Tenure
Owner86.7%
Renter13.3%

Home Value Distribution

Under $50k
6%
$50k–$100k
8%
$100k–$150k
5%
$150k–$200k
3%
$200k–$300k
15%
$300k–$500k
28%
Over $500k
35%

Financials

Median HH Income$88,984 ▲ 17% above avg
Median Home Value$364,900 ▲ 31% above avg
Home/Income Ratio4.1x (nat avg ~3.5x)
Median Rent$1,611/mo
Total Housing Units3,300
Vacant Units336

Income Distribution

Under $25k
12%
$25k–$50k
10%
$50k–$75k
19%
$75k–$100k
11%
$100k–$150k
22%
$150k–$200k
15%
Over $200k
11%
Employment & Commute

How People Get to Work

Drove Alone
87%
Public Transit
1%
Walked
0%
Work From Home
12%

Commute Time

Under 15 min
29%
15–30 min
39%
30–45 min
26%
Over 45 min
5%
Housing Stock

Year Built

1940s–1950s
5%
1960s–1970s
9%
1980s–1990s
22%
2000+
64%
About Mills River, NC

Mills River is a city in North Carolina, located in Buncombe County. The city spans 1 ZIP code and is home to approximately 7,564 residents. It is a mature city, with a median age of 46.8 years.

Economically, Mills River is a middle-income community. The median household income of $88,984 is above the national average. Approximately 2.7% of residents live below the poverty line. The unemployment rate is 5.0%, near the national average.

The real estate market in Mills River is a mid-range housing market. Median home values stand at $364,900, which is above the national average. Renters typically pay around $1,611 per month. Homeownership is high at 86.7%, typical of suburban and family-oriented communities.

The population of Mills River is well-educated. 57.9% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (83.94%).

Mills River, NC offers residents above-average earning potential within North Carolina.

ZIP Codes in Mills River
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
28759 7,564 $88,984 $364,900 $1,611 5.0% 57.9% 86.7%