HomeNorth CarolinaMitchell CountySpruce Pine town
Spruce Pine town, North Carolina: commercial real estate data.
Spruce Pine town 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.
80 sourced place values · tier FULL · 9 sections · 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
- Ninetieth percentile approval$1,275,000
- 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
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.
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
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
- Listed NFIP communities1
- Of those, participating1
- NFIP community number370163
- Currently effective map date06/02/09
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.
Mitchell County, not Spruce Pine
Mitchell County context, not Spruce Pine figures
These are Mitchell County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Spruce Pine measurements.
- Establishments in Mitchell County371
- Employment at those establishments, Mitchell County4,297
- Covered employment, Mitchell County5,085
- Average annual pay, Mitchell County$48,859
- Average weekly wage, Mitchell County$940
- Housing units permitted, Mitchell County44
- Of those, single family, Mitchell County44
- County product, 2024, Mitchell County$681,302,000
- County product change over the prior year, Mitchell County-17.7 percent
- Average income of an arriving household, Mitchell County$55,992
Every figure in this section is published for Mitchell County as a whole and is not a measurement of Spruce Pine. 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
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 totalling $2.4 m, across 3 lenders, median approval $867,300, plus 1 504 approvals worth $455,000. 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 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 Spruce Pine in the National Flood Insurance Program?
Yes. Spruce Pine appears in the FEMA Community Status Book as 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 labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.