Quick facts: Yadkinville, NC

Quick Facts

100.6
Cost of Living
above US average
2,997
Population
47.71
Crime Rate per 1000
above US average
$41,148
Median Income
below US average
$300,000
Median House Price
above US average
$808.33
Average Rent
below US average
15%
Poverty Rate
above US average
4.5%
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 $41,148.

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Income Needed to Buy

βœ— Stretch
$94k/year
Based on $300,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $94k vs median $41,148
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Income Needed to Rent

βœ“ Affordable
$35k/year
Based on $808.33/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($41,148) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Yadkinville, NC

Yadkinville is a charming town located in Yadkin County, North Carolina. Known for its rich agricultural heritage, the town serves as a hub for the local farming community. Established in the mid-19th century, Yadkinville showcases a blend of historical architecture and modern developments, reflecting its growth over the years. The town is surrounded by beautiful rural landscapes and is well-known for its vineyards and wineries, contributing to North Carolina's emerging wine industry. The Yadkin Valley Wine Country is a short drive away, offering tours and tastings for visitors seeking to explore the local viticulture. Yadkinville is home to several parks, providing opportunities for outdoor activities such as hiking, picnicking, and community events. The town hosts various annual festivals celebrating local culture and agriculture, fostering a strong community spirit. With a population of around 3,000 residents, Yadkinville offers a small-town atmosphere while being only a short drive away from larger cities like Winston-Salem, making it an attractive place for those seeking a quieter lifestyle with access to urban amenities.

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