It 2003, the North Carolina General Assembly passed local legislation allowing Cashiers to incorporate as a village, however this was turned down by a vote of 161 to 302 in a local referendum on August 12. In North Carolina, the village status would allow it to have its own government and levy taxes, but not require it to provide any services as cities must, and not allow it any extraterritorial jurisdiction as towns have.
It was apparently the issue of potential taxes that caused the referendum to be turned down. Instead, the county created zoning for Cashiers, which does not exist for most of the county, even in other similar places like Dillsboro. The zoning council for Cashiers is run by the county, therefore there are no extra local taxes supporting it.
Cashiers has a charter as a town from 1927, but this is now inactive as it has had no actual government for some time, if ever. Since this has never been repealed, it is unclear why it could not be reactivated instead. The new village would have had a council-manager government.
Five properties near Cashiers are listed on the National Register of Historic Places—Camp Merrie-Woode, the Church of the Good Shepherd, Fairfield Inn, the High Hampton Inn Historic District, and the Mordecai Zachary House.
The land value in this area is high in value, making it difficult for middle-income people to live in the area. Cashiers and the nearby towns of Highlands, Glenville, and Sapphire make up a popular mountain vacation area at the southern end of the Blue Ridge Mountains, a finger of the Appalachian Mountains. Cashiers is surrounded by scenic views, waterfalls and Nantahala National Forest lands. Visitors and vacation home owners from all over the southeast enjoy hiking, mountain biking, golf and fly fishing during the warm months of the year.
The National Forest Service and The Nature Conservancy have both worked to protect several natural areas near Cashiers, including biologically diverse Panthertown Valley, Whitewater Falls, and the Tuckaseegee River Gorge. The Chattooga River also rises near Cashiers.
There were 96 households out of which 15.6% had children under the age of 18 living with them, 46.9% were married couples living together, 3.1% had a female householder with no husband present, and 49.0% were non-families. 39.6% of all households were made up of individuals and 15.6% had someone living alone who was 65 years of age or older. The average household size was 2.04 and the average family size was 2.76.
In the community, the population was spread out with 14.3% under the age of 18, 6.6% from 18 to 24, 24.0% from 25 to 44, 36.7% from 45 to 64, and 18.4% who were 65 years of age or older. The median age was 49 years. For every 100 females there were 94.1 males. For every 100 females, age 18 and over, there were 100.0 males.
The median income for a household in the community was $37,500, and the median income for a family was $51,458. Males had a median income of $26,339 versus $23,750 for females. The per capita income for the CDP was $22,845. None of the families and 4.2% of the population were living below the poverty line, including no under eighteens and 15.2% of those over 64.