Black Mountain, North Carolina Mortgage and Housing Information

Population: 7,511
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Median price asked in year 2000	$80,000

A comparison of the average prices of homes in Black Mountain, North Carolina and the U.S.
	U.S.	North Carolina	Black Mountain
Median home value in year 2000	$111,800	$95,800	$97,600

Median owner costs for owner-occupied houses and condos in year **2000**
	U.S.	North Carolina	Black Mountain
With a mortgage	$1,088	$985	$866
Without a mortgage	$295	$254	$252

Types of mortgages for owner-occupied Single-family Houses in Black Mountain (2000)
Mortgage Type	Number of Single-family Houses	Percent of total
Without a mortgage	703	38.6%
First Mortgage Only	847	46.5%
Second Mortgage and/or Home Equity Loan	270	14.8%
Total	1,820	100%

Median age for males and females (2000).
Males	40
Females	46

Males earn $7,037 (39.5%) more than Females in Black Mountain.

Level of higher education for people over 25 years in Black Mountain (2000).
Level	Number of Males	Percent of Males	Number of Females	Percent of Females
Some College	494	21.5%	645	28.0%
Associate Degree	136	5.9%	219	9.5%
Bachelor's Degree	410	17.8%	617	26.8%
Master's Degree	181	7.9%	236	10.3%
Professional Degree	57	2.5%	24	1.0%
Doctorate Degree	43	1.9%	19	0.8%
Total (at least some college)	1,321	57.4%	1,760	56.7%
Total over 25	2,300	100%	3,105	100%

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