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Mills River, North Carolina Demographics & Population 2026

During the 2020–2024 ACS period, Mills River, North Carolina had a total population of 7,281, the 131st largest town in North Carolina, with a median household income of $105,398, which is 46% higher than the state average. The poverty rate is 2.6%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Mills River Quick Facts

Population 7,281
Median Household Income $105,398
Median Home Value $436,100
Poverty Rate 2.6%
Unemployment Rate 2.8%
Median Age 46.4 years
Homeownership Rate 85.6%
Affordability Ratio 4.1x
Bachelor's Degree or Higher 43.7%
High School Graduation Rate 94.4%
Diversity Index 35/100
Population 7,281 131st of 772
Median Income $105,398 top 10%
Poverty Rate 2.6% 79% lower than national
Median Home Value $436,100 top 20%

How Mills River Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population7,2147,281+0.9%
Median household income$88,359$105,398+19.3%
Median home value$358,500$436,100+21.6%

How Mills River Compares

Economy & Housing

Household Income Distribution

Under $25K 8.6%
$25K-$50K 9.6%
$50K-$100K 29.7%
$100K+ 52.1%
Detailed income brackets
Under $10K
2.7%
$10K-$15K
1.2%
$15K-$20K
0.8%
$20K-$25K
4.0%
$25K-$30K
1.5%
$30K-$35K
2.0%
$35K-$40K
2.9%
$40K-$45K
1.0%
$45K-$50K
2.3%
$50K-$60K
8.8%
$60K-$75K
8.5%
$75K-$100K
12.4%
$100K-$125K
8.5%
$125K-$150K
10.3%
$150K-$200K
21.0%
$200K+
12.4%

Employment

2.8% Unemployment Rate State: 4.7%|National: 5.2%
64.4% Labor Force Participation

Housing Overview

Owner 85.6%
Renter 14.4%
Affordability Index Moderate
4.1x home value to income ratio
Median gross rent $1,551/mo 17.7% of median household income annually

People & Demographics

Diversity Index

35out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 58 | National average: 61

Education

Mills River Rankings in North Carolina

#131 Population of 772
#69 Median Income of 716
#128 Education of 772
#81 Home Value of 725

Other Cities in Henderson County

CityPopulationMedian IncomePovertyHome Value
Hendersonville 15,408 $53,449 14.5% $317,000
Fletcher 8,098 $75,272 7.6% $331,100
Etowah 7,968 $72,596 14.4% $338,100
East Flat Rock 6,323 $59,583 12.6% $245,900
Dana 4,147 $60,450 24.7% $249,700
Flat Rock 3,530 $95,098 7.6% $601,700
Mountain Home 3,437 $83,083 11.9% $400,000
Edneyville 2,716 $53,818 22.3% $286,400
Valley Hill 2,675 $86,599 7.9% $353,100
Laurel Park 2,408 $90,000 5.5% $433,100

Cities Similar to Mills River

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
St. James7,072$116,383$636,80068.3%4.3%
Unionville6,954$96,028$336,20025.8%9.4%
Porters Neck7,654$119,979$569,70066.5%3.8%
Carolina Beach6,745$94,398$566,20050.5%6.0%
Kill Devil Hills7,761$89,773$442,20044.8%9.2%

Population Overview

Mills River is a small city located in North Carolina, within Henderson County. The total population is 7,281. It ranks as the 131st most populous out of 772 Census-designated places in North Carolina.

Age Demographics

The median age in Mills River is 46.4 years. This is 19% higher than the state median of 39.1 years.

Economy, Income & Housing

The median household income in Mills River is $105,398. This is 46% higher than the state median of $72,388. It is also 31% higher than the national median of $80,734. The poverty rate stands at 2.6%. This is 80% lower than the state poverty rate of 13.0%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 2.8%. This is 42% lower than the state rate of 4.7%. The median home value is $436,100. Housing costs are 51% higher than the state median of $288,900. The home-value-to-income ratio is 4.1x. 85.6% of occupied housing units are owner-occupied. This homeownership rate is 28% higher than the state average of 66.6%.

Race & Ethnicity

The largest racial or ethnic group in Mills River is White (non-Hispanic), making up 79.8% of the population. Hispanic or Latino residents account for 8.9%. The Black or African American population (1.8%) is well below the state average of 20.0%.

Education

43.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 23% higher than the state rate of 35.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.4%. Notably, 18.6% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Mills River, North Carolina is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against North Carolina state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 772 Census-designated places in North Carolina. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all North Carolina city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Mills River, North Carolina?

Mills River, North Carolina has a population of 7,281 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Mills River, NC?

The median household income in Mills River is $105,398, which is 31% higher than the national median of $80,734.

What is the poverty rate in Mills River, NC?

The poverty rate in Mills River is 2.6%. This means approximately 186 residents live below the federal poverty line.

What is the racial makeup of Mills River, North Carolina?

Mills River's population is 79.8% White, 1.8% Black, 8.9% Hispanic/Latino, and 4.5% Asian.

What is the median home value in Mills River, NC?

The median home value in Mills River is $436,100. The home-value-to-income ratio is 4.1x.

How educated is Mills River, North Carolina?

43.7% of adults (25+) in Mills River hold a bachelor's degree or higher, and 18.6% hold a graduate or professional degree.