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Economic Atlas
Places/NC/Buncombe
County profile

Buncombe

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
GDP growth
+5.7%
Jobs tracked
127,409
Employers
9,863
Avg. wage
$56.0k
Population
277,417
Labor & formation
Unemployment
3.3%
Median HH income
$74.4k±$2.2k
Business applications
4,583 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Ingles Markets, IncorporatedConsumer Defensive$5.3B60C2HomeTrust 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 · 2020–2025
277,417
residents · 2025 · +2.9% since 2020
Income per capita $70.6k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+6,760
International migration+4,057
Natural change−3,131

GDP trend

2019–2024 · 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
2,028 (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 · 2016–2025
675
2016
725
2017
776
2018
809
2019
833
2020
942
2021
1135
2022
1238
2023
1265
2024
1280
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
Filing activity
SEC EDGAR

8 filings from 2 companies here in the last 90 days.

8-KHomeTrust Bancshares, Inc.07-07
8-KHomeTrust Bancshares, Inc.05-19
8-KHomeTrust Bancshares, Inc.05-15
10-QIngles Markets, Incorporated05-07
8-KIngles Markets, Incorporated05-07
10-QHomeTrust Bancshares, Inc.05-06
8-KIngles Markets, Incorporated05-05
8-KHomeTrust Bancshares, Inc.04-23
8-KHomeTrust Bancshares, Inc.04-07
DEF 14AHomeTrust Bancshares, Inc.04-07
Wage trend
BLS QCEW · 2019–2023
$56.0k
avg. annual pay · +25% since 2019
Similar US counties
nearest by GDP
Santa Cruz$21.1BOttawa$21.0BNew Hanover$21.0BNorthampton$21.0BThurston$21.6BAlachua$20.9B
The read

Buncombe's economy produced $21.3B in 2024, growing 5.7% year over year — faster 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.
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