Places/NC/Buncombe County, NC
County profile

Buncombe County, NC

United States · GDP 2024
#244 of 3,127 US counties by GDP65th-percentile growthmore diversified than 78% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$21.3B
BEA · 2024
GDP growth (YoY)
+5.7%
BEA · 2024
Jobs tracked
127,409
Census CBP · 2023
Employers
9,863
Census CBP · 2023
Avg. wage
$56.0k
BLS QCEW · 2023
Population
277,417
Census PEP · 2025
Labor, income & education
Unemployment
3.2%
Median HH income
$74.4k±$2.2k
Bachelor's degree+
45.9%±1.4%
Poverty rate
11.8%±0.9%
Business applications
4,583 · 2025
Retail establishments
1,320
47.3/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Ingles Markets, IncorporatedConsumer Defensive$5.3B61C2HomeTrust Bancshares, Inc.Financial Services$10.4M53D

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Health care29%
Food & accommodation22%
Retail trade21%
Manufacturing14%
Construction7%
Admin & support7%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
277,417
residents · 2025 · +2.9% since 2020
Income per capita $70.6k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+6,760
International migration+4,057
Natural change3,131

GDP trend

20192024 · nominal
$15.6B
2019
$14.8B
2020
$16.6B
2021
$18.3B
2022
$20.1B
2023
$21.3B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$391.8k±$8.3k
Median gross rent
$1.4k/mo±$42/mo
Vacancy rate
24.3%±1.5%
Affordability
7.0× wages
Residential permits
$687.4M
2,028 units · 7.3/1k pop
FEMA risk score
89.3
HUD Fair Market Rent (2BR):$1.8k/mo · 2026
TOP PERILS · FEMA NRI
Landslide 99Cold wave 97Lightning 97
FHFA HOUSE PRICE INDEX · 20162025
675
2016
725
2017
776
2018
809
2019
833
2020
942
2021
1135
2022
1238
2023
1265
2024
1280
2025
RESIDENTIAL PERMITS · 20212025
-27% since 2021
2,793
2021
2,012
2022
2,594
2023
3,613
2024
2,028
2025

Transport access

BTS · FAA · USACE
Nearest interstate
1.5 km
I-240
Nearest freight rail
4.0 km
NS
Nearest port
124.0 km
BURKHART ENTERPRISES, KNOXVILLE DOCK
Nearest commercial airport
19.6 km
ASHEVILLE RGNL
Wage trend
BLS QCEW · 20192023
$56.0k
avg. annual pay · +25% since 2019
The read

What is the GDP of Buncombe?

Buncombe's economy produced $21.3B in 2024, growing 5.7% year over yearfaster than most US counties. Its largest employment sector is health care.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.