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Burke County, NC

RANK #1 / 1001 NAT  ·  #1 / 51 NC  ·  POP 87,795

1YR FORECAST: +1.4%

5YR OUTLOOK: +49%

Our model projects Burke County's housing market to grow +1.4% over the next year, significantly outpacing 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.

MARKET PROFILE

Secondary Market Surge

Burke County is one of 35 U.S. counties in this market profile — stronger than typical on the BoomTown Index. Within this cohort, its recent home-price change of +2.2% runs above the profile's typical +1.4%.

See all 35 Secondary Market Surge counties →

[02] Market Snapshot

Housing Ratio
10.7x

Overvalued relative to economy

Home Prices
+2.2%

Above national median

Climate & Terrain
1.8

Moderate climate & terrain

Price/Rent
18x

Above national median (15x)

Housing looks overvalued at 10.7x — home prices are high 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

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
87,795
-0.08% YoY
Median Household Income
$58,592
Median Home Value
$185,400
+2.16% 12mo
Median Rent
$884
Average Annual Pay
$51,016
+4.1% YoY
Employment
29,771
+0.7% YoY
Income-to-Home-Value
0.316
More affordable than average
Migration Inflow
3.15%
of pop. from another state
Bachelor's Degree+
21.0%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$280,000
Days on Market
61
Slower market
Months of Supply
5.1
Buyer's market
Sale-to-List Ratio
96.5%
Negotiation room for buyers
Sold Above List
16.9%
Listings w/ Price Drops
23.0%
Building Permits (2025)
588
Single-Family Permits
479

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

Population Growth -0.1% 19 percentile
Income Growth +5.2% 91 percentile
Vacancy Rate 0.4% 93 percentile
Home Price Change +2.2% 58 percentile
Price/Rent 18x 30 percentile

Bars show percentile rank among all 1001 counties.

[08] Frequently Asked Questions

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

Burke County ranks #1 out of 1001 U.S. counties on the Boom Town Index with a score of 100/100, putting it in the top tier nationally. Job growth of +0.7% and a median household income of $58,592 point to a county with active economic momentum.

Is Burke County affordable?

Housing in Burke County is roughly in line with national affordability norms. The median home costs $185,400 and the income-to-home-value ratio sits at 0.32, with rents averaging $884/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 -0.1% YoY and jobs +0.7%. Home values shifted +2.2% 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 3.15% 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

Robeson County, NC 100 Lenoir County, NC 98 Wilkes County, NC 95 Lee County, NC 93 Caldwell County, NC 92 Rutherford County, NC 90 Allen County, OH 100 Roane County, TN 100