HomeNorth CarolinaMitchell CountySpruce Pine
Spruce Pine, North Carolina: commercial real estate data.
Spruce Pine is a Census town of 2,398 people across 4.06 square miles of land, in Mitchell County. Median household income is $42,098, 64.4 percent of occupied homes are owned, and the SBA record carries 3 7(a) approvals to borrowers here worth $2.4 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Spruce Pine
What Spruce Pine is
- Census place typetown
- Land area4.06 sq mi
- Water area0 sq mi
- Population per square mile of land591
- County holding the largest share of its areaMitchell 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.
Spruce Pine
How many people live in Spruce Pine
- Population2,398
- Median age48.6
- Population under 18361 plus or minus 116
- Share under 1815.1 percent plus or minus 3.9
- Population 65 and over520 plus or minus 123
- Share 65 and over21.7 percent
- Households1,111
- Family households598 plus or minus 130
- Share of households that are families53.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Spruce Pine
Income and work in Spruce Pine
- Median household income$42,098 plus or minus $9,436
- Per capita income$28,834
- Civilian labor force1,084 plus or minus 288
- Employed1,065 plus or minus 282
- Unemployed19 plus or minus 21
- Unemployment rate1.8 percent plus or minus 1.9
- Adults 25 and over1,801
- Adults 25 and over with a high school diploma or higher81.0 percent
- Adults 25 and over with a bachelor degree or higher24.4 percent plus or minus 8.1
- Adults 25 and over with a graduate degree11.6 percent plus or minus 5.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Spruce Pine
Housing in Spruce Pine
- Housing units1,228
- Occupied units1,111
- Vacant units117 plus or minus 72
- Vacancy rate9.5 percent plus or minus 5.6
- Owner occupied715 plus or minus 160
- Renter occupied396 plus or minus 136
- Ownership rate64.4 percent
- Median owner-occupied home value$207,500
- Median gross rent, monthly$837
- Annual rent as a share of median income23.9 percent plus or minus 6.4
- Single family units839
- Share single family68.3 percent
- Units in buildings of two or more311 plus or minus 118
- Share in buildings of two or more25.3 percent plus or minus 8.6
- Mobile homes78 plus or minus 45
- Median year structure built1968
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Spruce Pine
How Spruce Pine gets to work
- Workers 16 and over who commute1,006 plus or minus 257
- Commuting under 15 minutes407 plus or minus 132
- Share commuting under 15 minutes40.5 percent
- Commuting 30 minutes or more187 plus or minus 86
- Share commuting 30 minutes or more18.6 percent plus or minus 7.2
- Drove alone80.6 percent
- Carpooled15.5 percent plus or minus 8.5
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home3.9 percent plus or minus 4.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Spruce Pine
SBA loans in Spruce Pine (7(a))
- Approvals3
- Gross approval$2,392,300
- Average approval$797,433
- Median approval$867,300
- Largest approval$1,275,000
- Jobs supported18
- Jobs per approval6.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term257 months
- Share on real estate terms of 20 years or more66.7 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS3
Counted by borrower city: approvals to borrowers whose address is in Spruce Pine, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Spruce Pine
SBA loans in Spruce Pine (504)
- Approvals1
- Gross approval$455,000
- Average approval$455,000
- Median approval$455,000
- Largest approval$455,000
- Jobs supported1
- Loans with a final outcome1
- Charged off0
- Median term300 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Spruce Pine, in any county, FY2010 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Spruce Pine
Flood risk in Spruce Pine
- NFIP communityTown of Spruce Pine
- NFIP community number370163
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date06/02/09
The Town of Spruce Pine participates in the National Flood Insurance Program as community 370163 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Mitchell County, not Spruce Pine
Mitchell County context, not Spruce Pine figures
- Establishments in Mitchell County371
- Covered employment, Mitchell County5,085
- Average annual pay, Mitchell County$48,859
- Housing units permitted, Mitchell County44
Every figure in this section is published for Mitchell County as a whole and is not a measurement of Spruce Pine.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Spruce Pine questions, answered from the record.
How many people live in Spruce Pine, North Carolina?
2,398, in 1,111 households. Spruce Pine town covers 4.06 square miles of land, which is 591 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Spruce Pine in?
Mitchell 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 Spruce Pine?
$42,098. The median owner-occupied home is valued at $207,500. Median gross rent is $837 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Spruce Pine businesses?
3 7(a) approvals totaling $2.4 m since FY2020, across 3 lenders, median approval $867,300, plus 1 504 approvals worth $455,000 since FY2010. These count approvals to borrowers whose address is in Spruce Pine, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Spruce Pine borrowers get paid back?
No rate is published for Spruce Pine. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Spruce Pine in the National Flood Insurance Program?
Yes. Spruce Pine appears in the FEMA Community Status Book as Spruce Pine, town of, community 370163, 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 Spruce Pine figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Mitchell 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 Spruce Pine.
Is zoning published for Spruce Pine?
No. Nothing on this page presents parcel level zoning.