HomeNorth CarolinaRutherford CountyLake Lure town
Lake Lure town, North Carolina: commercial real estate data.
Lake Lure town is a Census town of 1,543 people across 13.17 square miles of land, in Rutherford County. Median household income is $80,357, 88.1 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $2.1 m.
70 sourced place values · tier FULL · 8 sections
Lake Lure
What Lake Lure is
- Census place typetown
- Land area13.17 sq mi
- Water area1.21 sq mi
- Population per square mile of land117
- County holding the largest share of its areaRutherford 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.
Lake Lure
How many people live in Lake Lure
- Population1,543
- Median age61.7
- Population under 18130 plus or minus 58
- Share under 188.4 percent plus or minus 3.5
- Population 65 and over649 plus or minus 161
- Share 65 and over42.1 percent
- Households824
- Family households483 plus or minus 98
- Share of households that are families58.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Lure
Income and work in Lake Lure
- Median household income$80,357 plus or minus $21,820
- Per capita income$67,470
- Civilian labor force601 plus or minus 129
- Employed563 plus or minus 121
- Unemployed38 plus or minus 35
- Unemployment rate6.3 percent plus or minus 5.7
- Adults 25 and over1,376
- Adults 25 and over with a high school diploma or higher97.3 percent plus or minus 21.6
- Adults 25 and over with a bachelor degree or higher57.8 percent
- Adults 25 and over with a graduate degree20.4 percent plus or minus 5.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Lure
Housing in Lake Lure
- Housing units2,425
- Occupied units824
- Vacant units1,601
- Vacancy rate66.0 percent
- Owner occupied726 plus or minus 151
- Renter occupied98 plus or minus 59
- Ownership rate88.1 percent
- Median owner-occupied home value$627,000
- Median gross rent, monthly$786 plus or minus $161
- Annual rent as a share of median income11.7 percent plus or minus 4.0
- Single family units1,922
- Share single family79.3 percent
- Units in buildings of two or more487 plus or minus 142
- Share in buildings of two or more20.1 percent plus or minus 5.6
- Mobile homes16 plus or minus 19
- Median year structure built1988
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Lure
How Lake Lure gets to work
- Workers 16 and over who commute394 plus or minus 112
- Commuting under 15 minutes85 plus or minus 44
- Share commuting under 15 minutes21.6 percent plus or minus 9.4
- Commuting 30 minutes or more245 plus or minus 78
- Share commuting 30 minutes or more62.2 percent
- Drove alone59.1 percent plus or minus 12.9
- Carpooled4.5 percent plus or minus 4.0
- Public transport0.0 percent
- Walked1.4 percent plus or minus 1.4
- Worked from home29.0 percent plus or minus 9.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Lure
SBA 7(a) lending to Lake Lure borrowers
- Approvals2
- Gross approval$2,130,000
- Average approval$1,065,000
- Median approval$1,474,000
- Ninetieth percentile approval$1,474,000
- Largest approval$1,474,000
- Jobs supported36
- Jobs per approval18.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term303 months
- Share on real estate terms of 20 years or more100.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
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.
Lake Lure
Flood programme status in Lake Lure
- Listed NFIP communities1
- Of those, participating1
- NFIP community number370488
- Currently effective map date01/06/10
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.
Rutherford County, not Lake Lure
Rutherford County context, not Lake Lure figures
These are Rutherford County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Lake Lure measurements.
- Establishments in Rutherford County1,289
- Employment at those establishments, Rutherford County16,815
- Covered employment, Rutherford County17,994
- Average annual pay, Rutherford County$48,125
- Average weekly wage, Rutherford County$925
- Housing units permitted, Rutherford County193
- Of those, single family, Rutherford County191
- County product, 2024, Rutherford County$2,490,130,000
- County product change over the prior year, Rutherford County3.8 percent
- Average income of an arriving household, Rutherford County$65,446
Every figure in this section is published for Rutherford County as a whole and is not a measurement of Lake Lure. 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
Lake Lure questions, answered from the record.
How many people live in Lake Lure, North Carolina?
1,543, in 824 households. Lake Lure town covers 13.17 square miles of land, which is 117 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Lake Lure in?
Rutherford 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 Lake Lure?
$80,357. The median owner-occupied home is valued at $627,000. Median gross rent is $786 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Lake Lure businesses?
2 7(a) approvals totalling $2.1 m, across 2 lenders, median approval $1,474,000. These count approvals to borrowers whose address is in Lake Lure, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Lake Lure borrowers get paid back?
No rate is published for Lake Lure. 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 Lake Lure in the National Flood Insurance Program?
Yes. Lake Lure appears in the FEMA Community Status Book as community 370488, 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 Lake Lure figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Rutherford 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 Lake Lure.
Is zoning published for Lake Lure?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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