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Biltmore Forest, North Carolina Mortgage and Housing Information
Population: 1,440
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Lifestyle in Biltmore Forest
Income
| U.S. | North Carolina | Biltmore Forest | |
|---|---|---|---|
| Median Earnings | $23,755 | $22,276 | $47,750 |
| Median Earnings, Males | $29,458 | $26,812 | $92,096 |
| Median Earnings, Females | $18,957 | $18,619 | $21,544 |
Males earn $70,552 (327.5%) more than Females in Biltmore Forest.
Commuting in Biltmore Forest
Means of transportation to work, workers over 16 years old.
| Means of Transport | Number of People |
|---|---|
| Car, solo | 491 |
| Carpooled | 23 |
| Public Transit | 2 |
| Bicycle | 0 |
| Walking | 4 |
| Other Means | 4 |
| Total, Commuted | 524 |
| Worked from home | 45 |
| Total | 569 |
Time Spent Commuting in Biltmore Forest
Time spent commuting in Biltmore Forest
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 21 |
| 5-9 | 74 |
| 10-14 | 180 |
| 15-19 | 150 |
| 20-24 | 42 |
| 25-29 | 15 |
| 30-34 | 7 |
| 35-39 | 4 |
| 40-44 | 4 |
| 45-59 | 7 |
| 60-89 | 14 |
| Over 90 | 6 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 56 | 11.2% | 88 | 17.6% |
| Associate Degree | 21 | 4.2% | 40 | 8.0% |
| Bachelor's Degree | 153 | 30.7% | 280 | 56.1% |
| Master's Degree | 65 | 13.0% | 68 | 13.6% |
| Professional Degree | 161 | 32.3% | 31 | 6.2% |
| Doctorate Degree | 17 | 3.4% | 9 | 1.8% |
| Total (at least some college) | 473 | 94.8% | 516 | 91.8% |
| Total over 25 | 499 | 100% | 562 | 100% |
Housing in Biltmore Forest
Cost of Single-Family Houses
| Median price asked in year 2000 | $325,000 |
|---|
Value of Houses and Condos
| U.S. | North Carolina | Biltmore Forest | |
|---|---|---|---|
| Median home value in year 2000 | $111,800 | $95,800 | $475,300 |
Monthly Owner Costs
| U.S. | North Carolina | Biltmore Forest | |
|---|---|---|---|
| With a mortgage | $1,088 | $985 | $2,435 |
| Without a mortgage | $295 | $254 | $605 |
Tenancy in Biltmore Forest
| Owner-occupied homes | 545 |
|---|---|
| Renter-occupied homes | 43 |
| Homes for sale | 7 |
| Homes for rent | 7 |
| Total | 653 |
Ownership of Single-family Houses
Types of mortgages for owner-occupied Single-family Houses in Biltmore Forest (2000)
| Mortgage Type | Number of Single-family Houses | Percent of total |
|---|---|---|
| Without a mortgage | 229 | 44.0% |
| First Mortgage Only | 187 | 36.0% |
| Second Mortgage and/or Home Equity Loan | 104 | 20.0% |
| Total | 520 | 100% |
Age of Biltmore Forest Residents
| Males | Females |
|---|---|
| 48 | 48 |
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