Moving to Asheville, NC

Thinking about moving to Asheville?

You’ll be in good company. Between 2010 and 2016, more than 5,728 people have moved to Asheville, an increase of 6.9%. New residents are attracted to Asheville’s weather, live music scene, breathtaking views and friendliness.

Living

Asheville is home to 89,121 Ashevillians. With an area of 45.3 square miles, Asheville has a population density of 1,967 persons per square mile, which makes it less dense than many other cities of comparable size.

The Asheville, NC Metropolitan Statistical Area boasts a population of 452,319 people, of which Asheville proper’s population makes up 20%.

Housing

One of the drawbacks of all of Asheville’s growth and livability are its relatively high housing prices. The median home value in Asheville is $253,900, 27% above the US median value, according to Zillow. The median price per square foot in Asheville is $195. Over the past 5 years, home values in Asheville have increased by 8%.

Renters in Asheville will also have a hard time finding affordable housing. The median rent in Asheville is $1,441 per month, which is 1% higher than the US median. Over the past year, rental rates in Asheville have increased by 4.2%.

Economy

Asheville’s economy is on fire. The Asheville metro area’s GDP grew by 27% between 2011 and 2016, from $14.3 billion in 2011 to $18.2 billion in 2016, a total increase of $3.9 billion. The metro area has a per capita GDP of $40,286. According to the US Census Bureau, the median household income in Asheville is $44,704, 24% lower than the national median. Asheville’s unemployment rate is 3.4%.

Weather

The average annual temperature in Asheville is 56.5 degrees. The average annual low temperature is 46.3 degrees, while the average annual high is 66.7 degrees. Asheville’s hottest month is July, during which the average high temperature is 85 degrees, while the coldest month is January, when the average low drops down to 28 degrees.

Asheville sees an average rainfall of 36.95 inches per year. August is the wettest month, with an average rainfall of 3.43 inches, while October is the dryest month, with an average rainfall of 2.13 inches.

Crime

Asheville has an annual violent crime rate of 6.26 violent crimes per 1,000 residents, which is higher than the national median of 3.8 in 1,000. Its property crime rate is 49.1 crimes per 1,000 residents a year, which is higher than the national average of 26.

Cost of Living

Asheville is a relatively affordable place to live with a low cost of living. According to the Bureau of Economic Analysis‘s Regional Price Parity survey, which takes into account cost of living metrics including the price of goods and services and housing, Asheville has a regional price parity of 101.4, -7.4% below the average for US metro areas.

Demographics

In terms of racial demographics, Asheville is 77% Non-Hispanic White, 5.9% Hispanic, 12.1% Black, and 2.2% Asian.

90.1% of those over the age of 25 in Asheville have a high school diploma, a higher rate than nationally. 46% of those over the age of 25 have a bachelor’s degree, which is higher than the national rate. 18.9% of residents have an advanced or professional degree.

In the 2016 presidential election, 40% of Asheville voters voted for the Republican nominee, while 54% voted for the Democratic nominee.

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