Hamlet. Not surprising considering their employment status and degree of affordability both scored off the charts. It's also our ninth most affordable city in North Carolina for 2021. Through proprietary research studies, engaging articles and original photography and video, we examine topics related to community amenities, education, sustainability, transportation, housing and the economy. Folks in Newton earn a median income of $46,063 and pay $110,200 for homes on average. But not the only reason for this north-central Tar Heel city to crush our snackability scale. Why? Not to mention, with Anderson and Spartanburg also in Fountain Inn's backyard, it's a great place to live if you want quiet, small town living with affordable shopping and entertainment close by. The median household income in Fountain Inn … 3. The 10 Most Affordable Places to Buy a Beach House This is our seventh time ranking the. We considered a number of factors in composing this list, such as earning potential, quality of life, the city's cost of living compared to the national average, attractions and much more. He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move. Located in Pitt County, Winterville ranks as the seventh cheapest cities in North Carolina. The median home price in Albemarle is $119,000, while the median rent is $682. However, Concord is the place to make your dream of owning a home a reality. If you care about home values, cost of living, and high quality of life, take a look at the list below to find the most affordable places in North Carolina, where, yes, you can have it all. Nashville, North Carolina is NOT like Nashville, Tennessee. Here are the best places to live. The level of opportunity available in Chapel Hill adds to its affordability. Find cheap homes and condos for sale, view real estate listing photos, compare properties, and more. We used data and science to determine which places in North Carolina go easy on your wallet. 4. The previously rural town has evolved into a city with a population over 35,000 and many … View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. If affordability equals happiness, we're pretty sure you'll want to call the city 'Where Main Street Meets the Mountains" your next happy home. Population: 5,516Rank Last Year: 10 (Up 2)Home Price To Income Ratio: 2.4x (9th most affordable)Income To Rent Ratio: 65.1x (128th cheapest)More On Nashville: Real Estate | Cost Of Living. You should consider it, since Buffalo … Trinity's overall HomeSnacks snackability was an 8/10! And with a median household income close to $35,221, we're sure you'll find Hamlet super inviting and super affordable. What you are left with is a "Cost of Living Index" by taking the average rank of each of these metrics for each city. Buying a house is a major purchase. This is only 'one' of the reasons our fourth most affordable city in North Carolina, King, has made the list. This little city in Nash County is our eighth most affordable city in the Tar Heel State for 2021. Methodology: To determine the cheapest places to buy land in America, GOBankingRates used Land Watch to find all active U.S. land listings at a maximum price of $10,000 and compiled the … If you're ready to invest in land, there are a few things you need to know before moving forward. Do you remember your mom making you wear your sister or brother's old clothes? if(window.innerWidth < 700){ezoicSiteSpeed(jQuery(document), String(/documentReady/).substring(1).slice(0,-1), String(/jQuery-document-dot-ready/).substring(1).slice(0,-1), function($){$("#skip_expand").html("(Expand+)");$("#toc ul").css("display", "none");$("#skip_expand").on("click", function(){$("#toc ul").toggle()});$("#toc h3").on("click", function(){$("#toc ul").toggle()});});}. This fun happens because the Tar Heels know the value of a dollar. With most U.S. homes costing in the $300,000-$400-000 range, homeownership is often unattainable. Located in the northeastern corner of The Tar Heel State, agriculture and forestry have kept their economy moving in right direction. But in the beautiful port city of Wilmington, the median home price is about $226,000 -- not a bad price to live in the city USA Today said has the “Best American Riverfront.” Depending on where in Wilmington you live, you can easily walk around town, forgoing the expense of a car, car repairs, gas, etc. Editor’s Note: We updated this article for 2021. AreaVibes used science and data to create a list of the best cities in North Carolina to buy a new home with a population over 5,000 people. Here's where you can pick apples in every state. They are: We added simply median home price because high home prices generally correlate with higher expenses for all costs related to homes (heating, electricity, etc). The 5 Most Affordable Cities in North Carolina. Concord. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. To do it right, you'll want to determine what you can afford, which neighborhood will best suit you, and what features you need in a house… Marion scored an 8/10 for affordability on our snackability scale, and we think it has something to do with the fact that their median income is pushing $38,280. Newton ranks as the sixth most affordable city in North Carolina, mostly thanks to its relatively cheap homes. The median income in this town is around $52,951 with average home prices up around $108,300. The cities listed above have been chosen as the best places to buy … All of the states in the top 10 are located in the South or the Midwest. North Carolina has always been a fairly reasonable state to live in. When you think of affordable, does it take you back to your childhood? Copyright © 2010-2020 Livability - Journal Communications, Inc. Our annual list highlights the best places to live that won't break the bank. MobileHome.net has 892 Mobile Homes for Sale in North Carolina, including manufactured homes, modular homes and foreclosures. So pack your favorite powder blue (UNC) or red t-shirt (NC State) and check out the five most affordable cities in North Carolina. Durham. The latter is an up-and-coming area with remodeled, historic homes where folks can expect to find lower prices, with 3,000-square-foot homes starting at $175,000. In any case, with loads of parks to choose from, you can have fun in Newton without spending a dime. They are the most affordable city when we looked at home price to income ratio. Major employers like Wake Forest Baptist Medical Center, Novant Health, and Wake Forest University, help to keep King's median household income competitive and the city affordable. Housing costs to buy does n't mean it 's all dollar Store 'cheap ' close! Choose from, you have more money overall to play with like North Carolinians are always on the having! 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