salaryRent is higher than in 59% of U.S. cities. A typical house costs about 4.3 years of household income. It is a highly educated city: 56.3% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $72,720 a year. That is $35 an hour at a full-time job.
Is rent cheaper than other North Carolina cities?
No. Rent here is more expensive than in most of North Carolina. It is number 115 of 164 cities from cheapest to most expensive.
How much do households earn in Black Mountain?
Share of households by yearly income. 21.3% of households earn $100,000 or more.
Rent by apartment size in Black Mountain
| Size | Black Mountain | U.S. average |
|---|---|---|
| Studio | $1,848 | $1,338 |
| 1 bedroom | $2,180 | $1,324 |
| 2 bedrooms | $1,310 | $1,509 |
| 3 bedrooms | $1,704 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Black Mountain overall?
Everyday prices in North Carolina overall are 6% below the U.S. average (index 94.3, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Black Mountain, so the North Carolina figure is shown.
Taxes and bills in Black Mountain
Life in Black Mountain
Is it cheaper to rent or buy in Black Mountain?
Renting is cheaper right now: about $672 a month less.
Owning assumes a typical $358,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $35,890 for the down payment.
Frequently asked questions
What is the average rent in Black Mountain, NC?
Renting in Black Mountain costs a median of about $1,818 a month in 2026, including utilities. The North Carolina median is $1,496.
How much do I need to make to live in Black Mountain?
To keep rent under 30% of income, you need about $72,720 a year, or $35 an hour at a full-time job.
Is Black Mountain cheap or expensive?
Black Mountain is rated OK: rent takes 26.3% of the typical household income of $83,090. It ranks 115th cheapest of 164 North Carolina cities we track.
How much are property taxes in Black Mountain?
The median homeowner in Black Mountain pays $2,421 a year in property taxes, about 0.67% of the median home value.
Is Black Mountain more expensive than the national average?
Overall prices in North Carolina are 6% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Black Mountain?
The median home value in Black Mountain is $358,900, about 4.3 times the typical yearly household income.
8,513 people live in Black Mountain. Numbers are typical (middle) values.