Lake Lure is a very small town located in the state of North Carolina. With a population of 1,387 people and two associated neighborhoods, Lake Lure is the 367th largest community in North Carolina.
Lake Lure home prices are not only among the most expensive in North Carolina, but Lake Lure real estate also consistently ranks among the most expensive in America.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 29.12% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Another notable thing is that Lake Lure is a major vacation destination. Much of the town’s population is seasonal: many people own second homes and only live there part-time, during the vacation season. The effect on the local economy is that many of the businesses are dependent on tourist dollars, and may operate only during the high season. As the vacation season ends, Lake Lure’s population drops significantly, such that year-round residents will notice that the city is a much quieter place to live.
Residents will find that the town is relatively quiet. This is because it is not over-populated, and it has fewer college students, renters, and young children - all of whom can be noisy at times. So, if you're looking for a relatively peaceful place to live, Lake Lure is worth considering.
One downside of living in Lake Lure, however, is that residents on average have to contend with a long commute, spending on average 32.70 minutes every day commuting to work.
Being a small town, Lake Lure does not have a public transit system used by locals to get to and from work.
If knowledge is power, Lake Lure is a pretty powerful place. 58.66% of the adults in Lake Lure have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Lake Lure in 2022 was $66,090, which is wealthy relative to North Carolina and the nation. This equates to an annual income of $264,360 for a family of four. However, Lake Lure contains both very wealthy and poor people as well.
Lake Lure is a somewhat ethnically-diverse town. The people who call Lake Lure home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lake Lure residents report their race to be White, followed by Native Hawaiian. Important ancestries of people in Lake Lure include German, English, Irish, Italian, and Welsh.
The most common language spoken in Lake Lure is English. Other important languages spoken here include Spanish and Polish.