business in ashevilleSmall business is the backbone of Asheville’s economy. The community embraces the impact of these companies on our culture and lifestyle.
Asheville, located in the Blue Ridge Mountain range, is home to a number of satellite campuses of regional universities like the University of North Carolina at Asheville as well as Asheville-Buncombe Technical Community College. Live music is a significant element in the tourism-based economy of Asheville and the surrounding area. Seasonal festivals and numerous nightclubs and performance venues offer opportunities for visitors and locals to attend a wide variety of live entertainment events. Asheville is a major hub of whitewater recreation, particularly whitewater kayaking, in the eastern US. Many kayak manufacturers are based in the Asheville area.
At a Glance
  • Metro Population: 433,100
  • Major Industries: Tourism, Health care
  • Gross Metro Product: $17.2 B
  • Median Household Income: $41,895
  • Median Home Price: $165,800
  • Unemployment: 6.9%
  • Job Growth (2012): 1.4%
  • Cost of Living: 2.6% below nat’l avg
  • College Attainment: 29.9%
  • Net Migration (2012): 4,820