Quick facts: High point, NC

Quick Facts

100.6
Cost of Living
above US average
115,067
Population
32.17
Crime Rate per 1000
above US average
$58,582
Median Income
below US average
$185,000
Median House Price
above US average
$1074.68
Average Rent
below US average
15%
Poverty Rate
above US average
5.4%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $58,582.

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Income Needed to Buy

βœ“ Affordable
$58k/year
Based on $185,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($58,582) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$46k/year
Based on $1074.68/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($58,582) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for High point, NC

High Point, North Carolina, is a vibrant city located in the Piedmont Triad region. Known as the "Home Furnishings Capital of the World," High Point is renowned for its extensive furniture industry and hosts the biannual High Point Market, the largest home furnishings trade show in the world. The city boasts a rich history, with roots dating back to the 1800s. Its strategic location at the intersection of major highways makes it a key transportation hub. High Point is also home to several parks and recreational areas, including the beautiful Hagan-Stone Park and the scenic High Point City Lake Park, offering residents and visitors ample outdoor activities. Culturally, High Point is diverse, with attractions like the High Point Museum that showcases the city's history, and the International Home Furnishings Center, a crucial site for furniture markets. The local dining scene is eclectic, providing everything from southern comfort food to international cuisine. With a population that values community and growth, High Point is an appealing place to live, work, and play, balancing its historical roots with modern development.

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