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Cleveland County Housing Market

North Carolina · 100 counties · Ranked #1656 in home value

Below National Avg

Housing at a Glance

Median Home Value

$180,200

vs national$180,200 vs $281,900 national

Median Gross Rent

$835/mo

vs national$835 vs $1,163 national

Effective Tax Rate

0.69%

vs national0.69% vs 1.02% national

Median Household Income

$55,769

vs national$55,769 vs $74,755 national

Affordability Ratio

3.2x

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

Rent Burden

29.0%

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

More Housing Data

Property Tax (Median)

$1,240

Tax as % of Home Value

0.69%

Monthly Owner Cost

$726

Renter Income

$33,609

Frequently Asked Questions

What is the median home value in Cleveland County?
The median home value in Cleveland County is $180,200. This is below the national median of $281,900.
How much is rent in Cleveland County?
The median gross rent in Cleveland County is $835 per month.
What is the property tax rate in Cleveland County?
The effective property tax rate in Cleveland County is 0.69%. The median annual property tax bill is $1,240.
Is Cleveland County affordable?
With a home-value-to-income ratio of 3.2x, Cleveland 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.