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Burke County, NC

Morganton

RANK #494 / 996 NAT  ·  #27 / 51 NC  ·  POP 87,799

1YR FORECAST: +1.1%

5YR OUTLOOK: +24%

Burke County's housing market is projected to grow +1.1% over the next year, tracking near the national average.

[01] Why Burke County?

Known as "Nature's Playground," Burke County, North Carolina, offers extensive outdoor recreation, with Linville Gorge, often called the "Grand Canyon of the East," and South Mountains State Park providing hiking, biking, and waterfalls. The county is located in west-central North Carolina's mountain region, with its county seat, Morganton, about an hour's drive from Asheville. The community has a welcoming, small-town feel, and residents often own their homes. Lake James State Park is another notable feature, offering opportunities for kayaking, fishing, and relaxing on its sandy beach. Life in Burke County is characterized by its natural surroundings and a focus on community. Many residents are retirees, though the area also attracts families. Public schools in the county are highly rated, with several high schools, including Jimmy C. Draughn High School and East Burke High School, ranking among the top. The local economy is diverse, with ongoing investments in advanced manufacturing and data centers. The county is also home to state institutions like the North Carolina School for the Deaf and Broughton Hospital.

[02] Market Snapshot

Housing Ratio
4.7x

Above national median (4.7x)

GDP Growth
+3.6%

Above national median

Home Prices
+0.4%

Well below national median

Climate & Terrain
1.8

Moderate climate & terrain

Price/Rent
17x

Above national median (13x)

Housing is fairly valued at 4.7x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Burke County Public Schools Education
    1,000+
  2. 2
    Broughton Hospital Healthcare
  3. 3
    Carolinas HealthCare System Blue Ridge Healthcare
  4. 4
    Burke County Government Government
    500+
  5. 5
    Continental Automotive Systems, Inc. Manufacturing
    250+
  6. 6
    Bimbo Bakeries USA, Inc. Manufacturing
  7. 7
    Western Piedmont Community College Education
  8. 8
    Grace Hospital Inc Healthcare
  9. 9
    Case Farms Processing Inc Manufacturing
  10. 10
    NC Dept Of Public Safety Government

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Burke County U.S. National

The Numbers

DEMOGRAPHICS
Population
87,799
-0.03% YoY
Median Household Income
$53,732
Median Home Value
$155,500
+0.41% 12mo
Median Rent
$768
Average Annual Pay
$48,986
+6.0% YoY
Employment
29,553
+0.2% YoY
Income-to-Home-Value
0.3455
More affordable than average
Migration Inflow
3.23%
of pop. from another state
Bachelor's Degree+
19.8%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$279,000
Days on Market
96
Slower market
Months of Supply
4.2
Balanced market
Sale-to-List Ratio
97.3%
Negotiation room for buyers
Sold Above List
24.6%
Listings w/ Price Drops
20.8%
Building Permits (2024)
422
Single-Family Permits
322

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

C+
SAFETY
GRADE
Homicide Rate
5.6
per 100K · nat avg 6.3
Firearm Fatalities
15.0
per 100K · nat avg 14.8
Injury Deaths
108.8
per 100K · nat avg 76.3
vs National Average
Near national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Capital Investment

$310M
TOTAL
PROJECT AMOUNT STATUS
Digihost Data Center
Digihost International LLC
$200M Planned
Green Textile Manufacturing Hub
The Industrial Commons
$60M Under Construction
Nebo Energy Storage
Undisclosed (part of PJM interconnection queue)
$50M Planned

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[07] Score Breakdown

GDP Growth +3.6% 68 percentile
Population Growth -0.0% 28 percentile
Income Growth +11.6% 94 percentile
Vacancy Rate 0.7% 83 percentile
Home Price Change +0.4% 36 percentile
Price/Rent 17x 20 percentile

Bars show percentile rank among all 996 counties.

[08] Frequently Asked Questions

Is Burke County, NC a good place to move to?

Burke County scores 50/100 on the Boom Town Index, landing in the middle of the pack among 996 U.S. counties (#494). Median household income is $53,732 and job growth is running at +0.2%. The data points to a county with mixed signals — some positive indicators alongside areas that lag faster-growing peers.

Is Burke County affordable?

Housing in Burke County is roughly in line with national affordability norms. The median home costs $155,500 and the income-to-home-value ratio sits at 0.35, with rents averaging $768/month. Not a bargain, but not a stretch for most local earners either.

Is Burke County growing or shrinking?

Population and employment in Burke County are both close to flat — population -0.0% YoY and jobs +0.2%. Home values shifted +0.4% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are people moving to Burke County?

There's a moderate stream of newcomers. About 3.23% of residents moved from another state, which is above average and suggests Burke County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Catawba County, NC 52 Rowan County, NC 47 Sampson County, NC 45 Guilford County, NC 56 Caldwell County, NC 56 Onslow County, NC 57 Ascension Parish, LA 50 St. Croix County, WI 51