HomeNorth CarolinaRutherford CountySpindale town
Spindale town, North Carolina: commercial real estate data.
Spindale town is a Census town of 4,131 people across 5.41 square miles of land, in Rutherford County. Median household income is $41,262, 43.6 percent of occupied homes are owned, and the SBA record carries 5 7(a) approvals to borrowers here worth $1.7 m.
80 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Spindale
What Spindale is
- Census place typetown
- Land area5.41 sq mi
- Water area0 sq mi
- Population per square mile of land764
- 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.
Spindale
How many people live in Spindale
- Population4,131
- Median age44.9
- Population under 18563 plus or minus 204
- Share under 1813.6 percent plus or minus 4.9
- Population 65 and over862 plus or minus 216
- Share 65 and over20.9 percent plus or minus 5.2
- Households1,865
- Family households937
- Share of households that are families50.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Spindale
Income and work in Spindale
- Median household income$41,262
- Per capita income$26,559
- Civilian labor force1,877
- Employed1,641
- Unemployed236 plus or minus 134
- Unemployment rate12.6 percent plus or minus 6.9
- Adults 25 and over3,183
- Adults 25 and over with a high school diploma or higher81.6 percent
- Adults 25 and over with a bachelor degree or higher15.5 percent plus or minus 5.1
- Adults 25 and over with a graduate degree4.5 percent plus or minus 3.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Spindale
Housing in Spindale
- Housing units2,118
- Occupied units1,865
- Vacant units253 plus or minus 119
- Vacancy rate11.9 percent plus or minus 5.5
- Owner occupied814
- Renter occupied1,051
- Ownership rate43.6 percent
- Median owner-occupied home value$167,400 plus or minus $43,847
- Median gross rent, monthly$755
- Annual rent as a share of median income22.0 percent
- Single family units1,559
- Share single family73.6 percent
- Units in buildings of two or more468 plus or minus 196
- Share in buildings of two or more22.1 percent plus or minus 9.1
- Mobile homes91 plus or minus 82
- Median year structure built1964
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Spindale
How Spindale gets to work
- Workers 16 and over who commute1,424
- Commuting under 15 minutes813 plus or minus 214
- Share commuting under 15 minutes57.1 percent plus or minus 11.7
- Commuting 30 minutes or more517 plus or minus 179
- Share commuting 30 minutes or more36.3 percent plus or minus 11.0
- Drove alone76.0 percent
- Carpooled13.2 percent plus or minus 7.8
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home9.2 percent plus or minus 6.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Spindale
SBA loans in Spindale (7(a))
- Approvals5
- Gross approval$1,712,300
- Average approval$342,460
- Median approval$299,000
- Ninetieth percentile approval$780,000
- Largest approval$780,000
- Jobs supported23
- Jobs per approval4.6
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more40.0 percent
- Share to franchises0.0 percent
- Distinct lenders5
- Distinct industries by NAICS5
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.
Spindale
SBA loans in Spindale (504)
- Approvals1
- Gross approval$242,000
- Average approval$242,000
- Median approval$242,000
- Largest approval$242,000
- Jobs supported6
- Loans with a final outcome0
- 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.
Spindale
Flood risk in Spindale
- Listed NFIP communities1
- Of those, participating1
- NFIP community number370356
- 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 Spindale
Rutherford County context, not Spindale 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 Spindale 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 Spindale. 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
Spindale questions, answered from the record.
How many people live in Spindale, North Carolina?
4,131, in 1,865 households. Spindale town covers 5.41 square miles of land, which is 764 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Spindale 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 Spindale?
$41,262. The median owner-occupied home is valued at $167,400. Median gross rent is $755 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Spindale businesses?
5 7(a) approvals totalling $1.7 m, across 5 lenders, median approval $299,000, plus 1 504 approvals worth $242,000. These count approvals to borrowers whose address is in Spindale, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Spindale borrowers get paid back?
No rate is published for Spindale. 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 Spindale in the National Flood Insurance Program?
Yes. Spindale appears in the FEMA Community Status Book as community 370356, 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 Spindale 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 Spindale.
Is zoning published for Spindale?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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