HomeNorth CarolinaRutherford CountyLake Lure
Lake Lure, North Carolina: commercial real estate data.
Lake Lure 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 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
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 loans in Lake Lure (7(a))
- Approvals2
- Gross approval$2,130,000
- Average approval$1,065,000
- Median approval$1,065,000
- Largest approval$1,474,000
- Jobs supported36
- Jobs per approval18.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term301 months
- Share on real estate terms of 20 years or more100.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
Counted by borrower city: approvals to borrowers whose address is in Lake Lure, 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.
Lake Lure
Flood risk in Lake Lure
- NFIP communityTown of Lake Lure
- NFIP community number370488
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date01/06/10
The Town of Lake Lure participates in the National Flood Insurance Program as community 370488 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.
Rutherford County, not Lake Lure
Rutherford County context, not Lake Lure figures
- Establishments in Rutherford County1,289
- Covered employment, Rutherford County17,994
- Average annual pay, Rutherford County$48,125
- Housing units permitted, Rutherford County193
Every figure in this section is published for Rutherford County as a whole and is not a measurement of Lake Lure.
All Rutherford County figures →
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
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 totaling $2.1 m since FY2020, across 2 lenders, median approval $1,065,000. 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 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 Lake Lure in the National Flood Insurance Program?
Yes. Lake Lure appears in the FEMA Community Status Book as Lake Lure, town of, 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 labeled 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?
No. Nothing on this page presents parcel level zoning.
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