Groundwork

Real estate · Small-town market · North Carolina

Real estate businesses in the Boone, NC area

Competitor counts, household spending and official business counts for real estate businesses in the Boone, NC area, set against other small-town markets and the U.S.

Groundwork market score · out of 100

Score 22 out of 100: Low

Ranked #531 of 536 scored small-town markets
#23 of 23 scored small-town markets based in North Carolina

Listings
118
2 chain locations (2%)
Official establishments
121
+19.8% since 2019
Household spending a year
$291.1M
On rent and homeowner costs · $13,733 a household
Housing spending per listing (U.S. = 100)
57
43% below the U.S.
Listings per 10k households
55.7
45% above the U.S.
Population, 2025
54,786
+0.6% since 2020

See the real estate businesses around any address in the Boone area

The site report maps the real estate businesses on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Boone area. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

For real estate businesses, the Boone area has a Groundwork market score of 22 (low): #531 of 536 scored small-town markets and #23 of 23 scored small-town markets based in North Carolina. That puts it in the bottom quarter of small-town markets.

As of September 2026, map listings count 118 real estate businesses in the Boone area. 2 of them (2%) are chain locations, against 6% across the U.S. That comes to 55.7 for every 10,000 households, 45% above the U.S. rate of 38.5.

At $13,733 per household (18% below the U.S. average), households in the Boone area spend about $291.1M a year on rent and homeowner costs. Housing spending per office is 43% below the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money real estate businesses take in.

The official count of businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in the Boone area was 121 in 2023, up 19.8% from 2019. That is one for every 175 households, against one for every 414 across the U.S. Population estimates show the Boone area grew 0.6% from 2020 to 2025, slower than the U.S. (+3.1%).

How the Boone area compares

The same measures for North Carolina and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.

Real estate in Boone, NC area compared with North Carolina and the U.S.
MeasureBoone areaNorth CarolinaU.S.
Listings per 10k households55.737.838.5
Housing spending per listing (U.S. = 100)5792100
Households per official establishment175378414
Official establishment growth, 2019–2023+19.8%+20.8%+15.8%
Population growth, 2020–2025+0.6%+7.2%+3.1%
Spending per household on rent and homeowner costs$13,733$15,139$16,661
Median household income$51,693$72,388$80,734
Groundwork market score2240

Official counts and lending

Businesses

Official establishments, 2019 to 2023
121+19.8% over the period
Employees, 2023
496
Annual payroll, 2023
$23.2M
One-person businesses, 2023
424Businesses with no payroll
Map listings, September 2026
1182 chain locations
Listings at the U.S. rate for this spending
67The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as real estate agents, property managers, mortgage lenders and inspectors in the Boone area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Boone area

Population, 2025 estimate
54,786+0.6% since 2020
Households
21,198
Median age
35.8
Homes lived in by their owners
62%
Vehicles per household
1.9
Land area
312 sq. mi.
People per square mile
176
Median household income
$51,693+8.8% vs. 2015–2019, before inflation
Average household income
$83,665
Median home value
$358,900
Jobs located here
24,062
Daytime population
59,737Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Boone area?

These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the real estate businesses on map listings by name and distance.

Or open the report at the center of the Boone area. Signed out, you see a blurred preview; on an account, each report is one action.

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Real estate across North Carolina

Every North Carolina market ranked →

The highest-scoring small-town markets in North Carolina for real estate businesses, numbered among those based in North Carolina, with the Boone area marked.

Top small-town markets in North Carolina

Small-town markets in North Carolina ranked for real estate businesses by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Anderson Creek, NC698116.3207+12.3%#55 of 536
2Lumberton, NC66429.7292+3.4%#73 of 536
3North Wilkesboro, NC662910.7279+0.6%#74 of 536
4Kinston, NC603213.7214+1.4%#129 of 536
5Shelby-Kings Mountain, NC606316.2194+3.4%#131 of 536
6Laurinburg, NC591511.9248−0.3%#139 of 536
7Elizabeth City, NC555232.999+4.5%#202 of 536
8Roanoke Rapids, NC54269.2321−4.3%#203 of 536
9Mount Airy, NC536120.4152+1.3%#229 of 536
10Albemarle, NC535722.6143+9.8%#231 of 536
23Boone, NC2211855.757+0.6%#531 of 536

Other business types in the Boone area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many real estate businesses are in the Boone, NC area?

The Boone area has 118 real estate businesses on map listings as of September 2026. 2 of them (2%) are chain locations. The listings count real estate agents and brokers, property managers, mortgage brokers and lenders, and home inspectors. Official counts show 121 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in 2023, up 19.8% from 2019. Another 424 one-person businesses have no payroll, by official counts.

How much do households in the Boone, NC area spend on rent and homeowner costs?

About $291.1M a year, or $13,733 per household. That is 18% below the U.S. average (an index of 82, where 100 is the U.S. average). For the 118 real estate businesses on map listings, housing spending per office is 43% below the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money real estate businesses take in. It is estimated from the incomes of the 21,198 households in the Boone area and national spending patterns by income.

How does the Boone, NC area compare with the U.S. for real estate businesses?

The Boone area has 55.7 real estate businesses per 10,000 households, 45% above the U.S. rate of 38.5. The index of housing spending per office is 57, where 100 is the U.S. At the national ratio of real estate businesses to household spending, the Boone area would have about 67, against 118 on map listings. There is one business with payroll in the industry for every 175 households, against one for every 414 across the U.S. The official count rose 19.8% from 2019 to 2023, against +15.8% for the U.S.

How fast is the Boone, NC area growing?

Population estimates put the Boone area at 54,786 people in 2025, up 0.6% since 2020, slower than the U.S. (+3.1%). It has 21,198 households. The median household income in the Boone area is $51,693 a year, 36% below the U.S. median of $80,734. That rose 8.8% from the 2015–2019 survey, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Boone area scores 22 for real estate businesses (low), #531 of 536 scored small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Boone area. It maps the real estate businesses on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for real estate businesses · All 56 business types in the Boone area

Screening a site or an acquisition in the Boone area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Boone area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.