HomeNorth CarolinaAvery CountyNewland town
Newland town, North Carolina: commercial real estate data.
Newland town is a Census town of 866 people across 0.75 square miles of land, in Avery County. Median household income is $46,006, 58.1 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $910,000.
70 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Newland
What Newland is
- Census place typetown
- Land area0.75 sq mi
- Water area0 sq mi
- Population per square mile of land1,158 plus or minus 326
- County holding the largest share of its areaAvery County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newland
How many people live in Newland
- Population866 plus or minus 244
- Median age47.0
- Population under 18157 plus or minus 72
- Share under 1818.1 percent plus or minus 6.5
- Population 65 and over163 plus or minus 58
- Share 65 and over18.8 percent plus or minus 4.1
- Households391 plus or minus 104
- Family households253 plus or minus 95
- Share of households that are families64.7 percent plus or minus 17.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newland
Income and work in Newland
- Median household income$46,006 plus or minus $10,415
- Per capita income$28,444 plus or minus $5,760
- Civilian labor force442 plus or minus 161
- Employed405 plus or minus 158
- Unemployed37 plus or minus 64
- Unemployment rate8.4 percent plus or minus 14.2
- Adults 25 and over623 plus or minus 169
- Adults 25 and over with a high school diploma or higher97.3 percent plus or minus 37.0
- Adults 25 and over with a bachelor degree or higher27.8 percent plus or minus 10.3
- Adults 25 and over with a graduate degree8.2 percent plus or minus 5.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newland
Housing in Newland
- Housing units471 plus or minus 112
- Occupied units391 plus or minus 104
- Vacant units80 plus or minus 43
- Vacancy rate17.0 percent plus or minus 8.2
- Owner occupied227 plus or minus 90
- Renter occupied164 plus or minus 68
- Ownership rate58.1 percent plus or minus 17.1
- Median owner-occupied home value$241,700 plus or minus $54,036
- Median gross rent, monthly$792
- Annual rent as a share of median income20.7 percent plus or minus 5.3
- Single family units336 plus or minus 106
- Share single family71.3 percent plus or minus 14.8
- Units in buildings of two or more73 plus or minus 39
- Share in buildings of two or more15.5 percent plus or minus 7.4
- Mobile homes62 plus or minus 41
- Median year structure built1966
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newland
How Newland gets to work
- Workers 16 and over who commute347 plus or minus 129
- Commuting under 15 minutes154 plus or minus 72
- Share commuting under 15 minutes44.4 percent plus or minus 12.7
- Commuting 30 minutes or more136 plus or minus 108
- Share commuting 30 minutes or more39.2 percent plus or minus 27.5
- Drove alone77.8 percent plus or minus 40.6
- Carpooled15.2 percent plus or minus 14.7
- Public transport0.0 percent
- Walked1.7 percent plus or minus 1.5
- Worked from home3.9 percent plus or minus 4.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newland
SBA loans in Newland (7(a))
- Approvals1
- Gross approval$910,000
- Average approval$910,000
- Median approval$910,000
- Ninetieth percentile approval$910,000
- Largest approval$910,000
- Jobs supported0
- Jobs per approval0.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term300 months
- Share on real estate terms of 20 years or more100.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Newland
Flood risk in Newland
- Listed NFIP communities1
- Of those, participating1
- NFIP community number370012
- Currently effective map date12/03/09
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Avery County, not Newland
Avery County context, not Newland figures
These are Avery County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Newland measurements.
- Establishments in Avery County539
- Employment at those establishments, Avery County5,509
- Covered employment, Avery County7,186
- Average annual pay, Avery County$44,456
- Average weekly wage, Avery County$855
- Housing units permitted, Avery County95
- Of those, single family, Avery County95
- County product, 2024, Avery County$890,318,000
- County product change over the prior year, Avery County3.8 percent
- Average income of an arriving household, Avery County$109,632
Every figure in this section is published for Avery County as a whole and is not a measurement of Newland. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Newland questions, answered from the record.
How many people live in Newland, North Carolina?
866, in 391 households. Newland town covers 0.75 square miles of land, which is 1,158 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Newland in?
Avery County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Newland?
$46,006. The median owner-occupied home is valued at $241,700. Median gross rent is $792 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Newland businesses?
1 7(a) approvals totalling $910,000, across 1 lenders, median approval $910,000. These count approvals to borrowers whose address is in Newland, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Newland borrowers get paid back?
No rate is published for Newland. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Newland in the National Flood Insurance Program?
Yes. Newland appears in the FEMA Community Status Book as community 370012, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Newland figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Avery County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Newland.
Is zoning published for Newland?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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