Mills River, NC

Mills River, NC

At a Glance

How Mills River Compares to the U.S. Average

Each bar shows Mills River's value as a percentage of the national average (100% = U.S. avg)

Is Mills River a Good Place to Live?

Economy & Jobs

Mills River residents earn a median household income of $88,359 , which is 18% above the national average of $75,149. Per capita income is $43,154. The unemployment rate stands at 4.8% (33% above the U.S. rate of 3.6%). 0.8% of residents live below the poverty line. The area is home to 4,120 business establishments, including 250 restaurants.

Housing & Cost of Living

The median home value in Mills River is $358,500 , 27% above the national median of $281,900. Zillow estimates the typical home at $524,267. Median rent is $1,611/month, with 21.2% of renters spending more than 30% of income on housing. The cost of living index is 94.3 (100 = national average). The median home was built in 1995.

Education

41.3% of adults in Mills River hold a bachelor's degree or higher (23% above the national average). 93.6% have completed high school. Local schools score 6.3/10 in standardized testing.

Climate & Weather

Mills River has an average annual temperature of 55°F (13°C). Winters average 37°F in January while summers reach 73°F in July. Annual precipitation totals 51.4 inches.

Data Overview

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