housing costs · North Carolina
Housing costs in McDowell County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $806 | ± $45 | evidence → |
| 2019–2023 | $741 | ± $32 | evidence → |
| 2018–2022 | $725 | ± $25 | evidence → |
| 2017–2021 | $687 | ± $25 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $171,100 | ± $10,414 | evidence → |
| 2019–2023 | $168,300 | ± $12,433 | evidence → |
| 2018–2022 | $153,300 | ± $12,016 | evidence → |
| 2017–2021 | $132,300 | ± $10,761 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 24.9 % | ± 3.0 % | evidence → |
| 2019–2023 | 23.8 % | ± 1.6 % | evidence → |
| 2018–2022 | 23.1 % | ± 1.6 % | evidence → |
| 2017–2021 | 23.0 % | ± 1.4 % | evidence → |
In context
Median rent in McDowell County is $806, below the North Carolina median of $886 across 100 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.