Grandfather Village

Population: 25
Median household income: $195,625
Median home value: $1,208,300

Grandfather Village, a community in Avery County, North Carolina, has 25 residents. At $195,625, its median household income sits above Avery County's $57,657.

Between 2020 and 2023, Grandfather Village's population declined 66.2% from 74 to 25, while its median home value rose 51.0% from $800,000 to $1,208,300.

Owners occupy 100.0% of the area's occupied homes. The median resident is 73.8 years old.

Demographics

ACS 2019–2023

Population: 25
Median age: 73.8 yrs
Median household income: $195,625
Median home value: $1,208,300
Median gross rent: —
Housing units: 461
Homeownership rate: 100.0%
Bachelor's degree or higher: 88.0%
Unemployment rate: 0.0%

Trends

ACS 5-year · 2019–2023

Population

7425

Median household income

$195,000$195,625

Median home value

$800,000$1,208,300

Year	Population	Median household income	Median home value
2020	74	$195,000	$800,000
2021	73	$173,750	$916,700
2022	57	$220,000	$1,250,000
2023	25	$195,625	$1,208,300

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 50.0%

5 to 170.0%

18 to 240.0%

25 to 340.0%

35 to 440.0%

45 to 540.0%

55 to 640.0%

65 to 7452.0%

75 and over48.0%

	Count	Share
Under 5	0	0.0%
5 to 17	0	0.0%
18 to 24	0	0.0%
25 to 34	0	0.0%
35 to 44	0	0.0%
45 to 54	0	0.0%
55 to 64	0	0.0%
65 to 74	13	52.0%
75 and over	12	48.0%

Race & ethnicity

	Count	Share
White (non-Hispanic)	25	100.0%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	0	0.0%
Hispanic or Latino (any race)	0	0.0%

Educational attainment (age 25+)

No high school diploma0.0%

High school graduate0.0%

Some college or associate's12.0%

Bachelor's degree56.0%

Graduate or professional degree32.0%

	Count	Share
No high school diploma	0	0.0%
High school graduate	0	0.0%
Some college or associate's	3	12.0%
Bachelor's degree	14	56.0%
Graduate or professional degree	8	32.0%

Commute to work

Drove alone100.0%

Carpooled0.0%

Public transit0.0%

Walked0.0%

Bicycle0.0%

Worked from home0.0%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	3	100.0%
Carpooled	0	0.0%
Public transit	0	0.0%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	0	0.0%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	0	0.0%
15 to 29 min	2	66.7%
30 to 44 min	0	0.0%
45 to 59 min	0	0.0%
60+ min	1	33.3%

Households

Average household size: 1.92
Poverty rate: 0.0% (0 of 25)

	Count	Share
Family households	12	92.3%
Nonfamily households	1	7.7%

Housing

Median year structure built: 1980

Occupancy

	Count	Share
Occupied	13	2.8%
Vacant	448	97.2%

Tenure (of occupied units)

	Count	Share
Owner-occupied	13	100.0%
Renter-occupied	0	0.0%

1-unit, detached69.2%

1-unit, attached1.7%

2 to 4 units15.4%

5 to 19 units13.7%

20 or more units0.0%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	319	69.2%
1-unit, attached	8	1.7%
2 to 4 units	71	15.4%
5 to 19 units	63	13.7%
20 or more units	0	0.0%
Mobile home & other	0	0.0%

Geography

Place GEOID: 3727324
Type (LSAD): 47
Land area: 1.55 sq mi
Water area: 0.04 sq mi
Center point: 36.0930, -81.8538