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Cabarrus County Housing Market

North Carolina · 100 counties · Ranked #2714 in home value

Above National Avg

Housing at a Glance

Median Home Value

$318,600

vs national+$318,600 vs $281,900 national

Median Gross Rent

$1,303/mo

vs national+$1,303 vs $1,163 national

Effective Tax Rate

0.76%

vs national0.76% vs 1.02% national

Median Household Income

$86,084

vs national+$86,084 vs $74,755 national

Affordability Ratio

3.7x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

30.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$2,429

Tax as % of Home Value

0.76%

Monthly Owner Cost

$1,393

Renter Income

$53,358

Frequently Asked Questions

What is the median home value in Cabarrus County?
The median home value in Cabarrus County is $318,600. This is above the national median of $281,900.
How much is rent in Cabarrus County?
The median gross rent in Cabarrus County is $1,303 per month.
What is the property tax rate in Cabarrus County?
The effective property tax rate in Cabarrus County is 0.76%. The median annual property tax bill is $2,429.
Is Cabarrus County affordable?
With a home-value-to-income ratio of 3.7x, Cabarrus County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.