Quick facts: Wadesboro, NC

Quick Facts

100.6
Cost of Living
above US average
4,966
Population
105.32
Crime Rate per 1000
above US average
$32,022
Median Income
below US average
$199,999
Median House Price
above US average
$1450.0
Average Rent
above US average
Poverty rate Data is updating, will be available soon
5.0%
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 $32,022.

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Income Needed to Buy

βœ— Stretch
$63k/year
Based on $199,999 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $63k vs median $32,022
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Income Needed to Rent

⚠ Stretch
$62k/year
Based on $1450.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $62k vs median $32,022
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Wadesboro, NC

Wadesboro is a small town located in Anson County, North Carolina. With a rich history dating back to the late 18th century, Wadesboro serves as the county seat and showcases Southern charm and hospitality. The town is nestled in a region characterized by rolling hills and scenic landscapes, making it an attractive destination for outdoor enthusiasts. Wadesboro's downtown area features a mix of historic buildings, local shops, and dining options, reflecting the town's unique character. Key attractions include the Anson County Historical Society, which highlights the area's heritage, and the beautiful Wadesboro City Park, offering recreational facilities and a serene environment for families. The community is known for its strong sense of tradition and engagement, often celebrating local events and festivals, which foster a close-knit atmosphere. Wadesboro is conveniently located along U.S. Route 74, providing easy access to larger cities like Charlotte, just an hour's drive away. Overall, Wadesboro is a quaint town that combines history, community spirit, and natural beauty, making it a delightful place to visit or call home.

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