Newland, NC
Full City Profile · North Carolina · Avery County County
2.8
/5.0
C+
Fair
815
Population
1,087/sq mi density
$43,429
Median Income
$29,798 per capita
$223,800
Home Value
$290,652 Zillow
$774
Median Rent
33.2% income on rent
48°F
Avg Temperature
298 sunny days/yr
146
Violent Crime/100K
2,485 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$43,429 median income, 5.4% unemployment
B+
Affordability
3.8 / 5.0
$223,800 home value, $774/mo rent
F
Safety
1.0 / 5.0
146 violent crimes/100K
B
Education
3.3 / 5.0
29.3% bachelor's degree or higher
Housing Overview
Median Home Value
$223,800
21% below
US avg: $281,900
Median Rent
$774/mo
33% below
US avg: $1,163/mo
Homeownership Rate
52.6%
20% below US avg (65.4%)
Total Housing Units
433
Median year built: 1970
Home Value by Source
Census Median
$223,800
Zillow (ZHVI)
$290,652
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
52.6%
Owner-Occupied
47.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent:
$774/mo
Affordability & Housing Stock
Rent Burden
33.2%
of renters spending 30%+ of income on housing
7% above US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
52.6%
Complete Housing Data
Home Values
| Census Median Value | $223,800 |
| Zillow Home Value (ZHVI) | $290,652 |
Rent
| Census Median Rent | $774 |
| FMR Studio | $932 |
| FMR 1-Bedroom | $981 |
| FMR 2-Bedroom | $1,161 |
| FMR 3-Bedroom | $1,499 |
| FMR 4-Bedroom | $1,780 |
Market
Ownership & Stock
| Owner-Occupied | 52.6% |
| Renter-Occupied | 47.4% |
| Homeownership Rate | 52.6% |
| Total Housing Units | 433 |
| Median Year Built | 1970 |
| Rent Burden | 33.2% |
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