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Richest city in NC is minutes from Asheville: See the top 10 in Forbes analysis

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Richest city in NC is minutes from Asheville: See the top 10 in Forbes analysis


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Among 739 census-designated places in North Carolina, some stand out from the rest when it comes to resident income, home value and more.

Using data from the 2022 U.S. Census Bureau’s American Community Survey five-year estimates, Forbes compiled a list of the richest cities in N.C. based on median household income, average household income, median home value and median property taxes paid.

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Here’s what they found.

More: Answer Man: How many residents qualify for affordable housing in Asheville?

Biltmore Forest richest city in NC

Based on the statistics Forbes used, Biltmore Forest located in the Asheville metro area was the richest location in the state, with a median household income of $173,750.

The town also has the highest median home value in N.C., a reported $1,074,500. Average household income is the second highest in the state at $317,802 across 580 households.

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Median is the midpoint in a series numbers arranged in order of largest to smallest. For instance, the median of 1, 3, 8, 15, 22 is 8. Average is the sum of all numbers in a set divided by the number of numbers in the set. The average of 1, 3, 8, 15, 22 is 9.8.

Previous reporting from the Asheville Citizen Times showed that Biltmore Forest’s budget allocation for affordable housing is $0 as of 2024. Taxes have not increased in the town since at least 2021.

More: Asheville spends millions on affordable housing; its neighbor, NC’s richest town, $0

What are the richest cities in NC?

Forbes added a few notes on its list of 50 cities. First, writers mentioned that the Grandfather, while second highest on the list, is a tiny village of only 36 total households in a fully gated community within the Grandfather Golf and Country Club. Also mentioned was the largest city on the list – Cary, with 64,512 households, in 23rd place in the state.

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For the full list of 50, visit the Forbes webpage. Here are the top 10 richest locations in N.C.:

  1. Biltmore Forest – 580 households, $173,750 median household income, $317,802 average household income, $1,074,500 median home value, $7,287 median property taxes paid.
  2. Grandfather Village – 36 households, $173,750 median household income, $329,828 average household income, $916,700 median home value, $3,000 median property taxes paid.
  3. Governors Club – 858 households, $195,682 median household income, $274,104 average household income, $802,600 median home value, $6,018 median property taxes paid.
  4. Marvin – 1,815 households, $221,350 median household income, $255,494 average household income, $686,600 median home value, $5,072 median property taxes paid.
  5. Bald Head Island – 89 households, $121,458 median household income, $205,078 average household income, $888,400 median home value, $8,625 median property taxes paid.
  6. Lake Norman of Iredell – 4,248 households, $162,143 median household income, $224,096 average household income, $695,000 median home value, $3,702 median property taxes paid.
  7. Wrightsville Beach – 1,242 households, $111,346 median household income, $158,222 average household income, $855,700 median home value, $4,716 median property taxes paid.
  8. Weddington – 4,179 households, $152,377 median household income, $194,027 average household income, $549,200 median home value, $3,556 median property taxes paid.
  9. Walnut Creek – 503 households, $150,938 median household income, $221,383 average household income, $394,800 median home value, $3,706 median property taxes paid.
  10. Davidson – 5,292 households, $141,845 median household income, $183,102 average household income, $478,000 median home value, $4,187 median property taxes paid.

More: Tax-free weekend in NC was repealed in 2014: Here’s how to get deals in SC

Iris Seaton is the trending news reporter for the Asheville Citizen Times, part of the USA TODAY Network. Reach her at iseaton@citizentimes.com.



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North Carolina

President Trump is coming to North Carolina on Friday: What to know

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President Trump is coming to North Carolina on Friday: What to know


ROCKY MOUNT, N.C. (WBTV) – President Donald Trump is coming to North Carolina on Friday.

Trump will give remarks around 9 p.m. on Friday, Dec. 19, at the Rocky Mount Events Center along Northeast Main Street in Rocky Mount.

–> Also read: North Carolina bar continues selling Sycamore beer, but condemns child rape allegations against co-owner

Republican U.S. Senate Candidate Michael Whatley confirmed Trump’s visit, though it wasn’t immediately clear what the President would be discussing.

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Guest registration for the President’s visit can be accessed at this link.





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Ahead of Trump’s visit, residents in a North Carolina town say they feel squeezed by high costs – WTOP News

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Ahead of Trump’s visit, residents in a North Carolina town say they feel squeezed by high costs – WTOP News


ROCKY MOUNT, N.C. (AP) — She had worked 22 days straight in her job as a technician at an engine…

ROCKY MOUNT, N.C. (AP) — She had worked 22 days straight in her job as a technician at an engine plant to save up, and now Daijah Bryant could finally do what she was putting off: Christmas shopping.

Bryant pushed her cart out of a Walmart in Rocky Mount, North Carolina, and loaded her sedan’s backseat with bags of gifts. While they would soon bring joy to her friends and family, it was difficult for the 26-year-old to feel good about the purchases.

“Having to pay bills, if you happen to pay rent and try to do Christmas all at the same time, it is very, very hard,” she said with exasperation.

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Ahead of President Donald Trump’s Friday evening visit to Rocky Mount, some residents say they are feeling an economic squeeze that seems hard to escape. The uneasy feeling spans political affiliation in the town, which is split between two largely rural and somewhat impoverished counties, although some were more hopeful than others that there are signs of reprieve on the horizon.

This will be Trump’s second event this month aimed at championing his economic policies ahead of a consequential midterm election next year, both held in presidential battleground states. Similar to Trump’s earlier stop in Pennsylvania, Rocky Mount sits in a U.S. House district that has been historically competitive. But earlier this year, the Republican-controlled legislature redrew the boundaries for the eastern North Carolina district to favor their party as part of Trump’s push to have GOP-led states gerrymander their congressional districts to help his party retain its House majority for the last half of his term.

Rocky Mount may be in a politically advantageous location, but the hardships its residents report mirror the tightening financial strains many Americans say they are feeling, with high prices for groceries, housing and utilities among their top concerns. Polls show persistently high prices have put Americans in a grumpy mood about the state of the economy, which a large majority say is performing poorly.

Trump has insisted the economy is trending upward and the country will see some relief in the new year and beyond. In some cases, he has dismissed affordability concerns and encouraged Americans to decrease their consumption.

‘Without the businesses, it’s dead’

Crimson smokestacks tower over parts of downtown Rocky Mount, reminding the town’s roughly 54,000 residents of its roots as a once-booming tobacco market. Through the heart of downtown, graffiti-covered trains still lug along on the railroad tracks that made Rocky Mount a bustling locomotive hotspot in the last century.

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Those days seem long gone for some residents who have watched the town change over decades. Rocky Mount has adapted by tapping into other industries such as manufacturing and biopharmaceuticals, but it’s also had to endure its fair share of challenges. Most recently, financial troubles in the city’s government have meant higher utility prices for residents.

The city has been investing to try to revitalize its downtown, but progress has been slow. Long stretches of empty storefronts that once contained restaurants, furniture shops and drug stores line the streets. Most stores were closed Thursday morning, and not much foot traffic roamed the area.

That’s left Lucy Slep, who co-owns The Miner’s Emporium jewelry store with her husband, waiting for Trump’s promised “Golden Age of America.”

The jewelry store has been in downtown Rocky Mount for nearly four decades, just about as long as the 64-year-old said she has lived in the area. But the deterioration of downtown Rocky Mount has spanned at least a decade, and Slep said she’s still hoping it will come back to life.

“Every downtown in every little town is beautiful,” she said. “But without the businesses, it’s dead.”

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Slep’s store hasn’t escaped the challenges other Rocky Mount small businesses have endured. Instead of buying, more people have recently been selling their jewelry to the shop, Slep said.

Customers have been scarce. About a week out from Christmas, the store — with handmade molded walls and ceilings resembling cave walls — sat empty aside from the rows of glass cases containing jewelry. It’s been hard, Slep said, but she and her husband are trying to make it through.

“This year is just not a jewelry Christmas, for whatever reason,” she said.

Better times on the horizon — depending on whom you ask

Slep is already looking ahead to next year for better times. She is confident that Trump’s economic policies — including upcoming tax cuts — will make a marked difference in people’s cost of living. In her eyes, the financial strains people are feeling are residual effects from the Biden administration that eventually will fade.

Optimism about what’s to come under Trump’s economy might also depend on whether residents feel their economic conditions have changed drastically in the past year. Shiva Mrain, an engineer in Rocky Mount, said his family’s situation has not “become worse nor better.” He’s been encouraged by seeing lower gas prices.

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Bryant, the engine technician, feels a bit more disillusioned.

She didn’t vote in the last election because she didn’t think either party could enact changes that would improve her life. Nearly a year into the Trump administration, Bryant is still waiting to see whether the president will deliver.

“I can’t really say … that change is coming,” she said. “I don’t think anything is going to change.”

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Fatalities reported in private jet crash in North Carolina | CNN

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Fatalities reported in private jet crash in North Carolina | CNN


Several people are dead after a small private jet crashed shortly after takeoff in Statesville, North Carolina, according to a local sheriff’s office official.

The crash happened shortly after 10:15 a.m., Iredell County Chief Deputy Bill Hamby told CNN. The exact number of fatalities is not known at this point, he added.

“A Cessna C550 crashed while landing at Statesville Regional Airport in North Carolina around 10:20 a.m. local time on Thursday, Dec. 18. The FAA and the National Transportation Safety Board will investigate. The NTSB will lead the investigation and provide any updates,” the Federal Aviation Administration told CNN.

CNN has reached out to the National Transportation Safety Board.

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Statesville Regional Airport, about 45 miles north of Charlotte, is an uncontrolled airport with no control tower. Pilots are required to self-report their position on and near the airport using a common radio frequency.

Preliminary flight tracking data shows a Cessna Citation 550 left Statesville Regional Airport around 10 a.m. from runway 10, traveled about five miles, then made a near-immediate left turn back toward the airport. The plane did not climb higher than 2,000 feet, according to FlightAware.

Low clouds, light rain, and visibility of less than three miles were reported about 80 minutes after the crash, according to an automated weather station at the airport. It is not clear if these conditions were present when the plane crashed.

“The Statesville Regional Airport provides corporate aviation facilities for Fortune 500 companies and several NASCAR teams,” according to the city website

This is a developing story and will be updated.

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