Housing decision brief
Graham County, NC Housing Market
Graham County screens as a below-state purchase price, below-state rent, a manageable tax-rate signal market. Use the page as a decision brief, not just a price lookup, because local income, taxes, and data confidence change how affordable the county really is.
25th lowest home value out of 100 North Carolina counties with data | 1st lowest rent out of 100
Median home value
$155,800
Purchase-price signal from Census ACS.
Median rent
$581/mo
Gross rent, including utilities where reported.
Monthly owner cost
$447/mo
Owner costs before individual loan terms.
Decision snapshot
Read this county in four signals.
Buy screen
3.2x
Median home value divided by local household income.
Rent burden
30.0%
At or above the 30% burden threshold.
Rent vs own
$134/mo
Median owner cost screens below median rent.
Data confidence
1 note
Crime coverage is partial, so safety comparisons need source context.
What Works
Lower purchase price
$155,800 median home value is 24% below North Carolina county median
Lower rent
$581/mo is 32% below North Carolina county median
Owning screens cheaper than renting
Median owner costs are $134/mo below median rent before individual mortgage terms.
Low disaster-risk signal
Risk score is 80.0 out of 100, a stronger cross-check for long-term ownership costs.
What to Check
Lower income base
$49,038 median income is 17% below North Carolina county median
Health context
Health score is 34.0 out of 100, so affordability should be weighed against local health indicators.
Crime data coverage
Crime data coverage is partial. Treat zero or low crime rates as incomplete until you check the source coverage.
Best Fit For
- Households weighing ownership against renting
- Long-term owners who care about disaster-risk exposure
- Remote earners or cash buyers looking below the state price line
Poor Fit For
- Households dependent on a deep local wage market
- Anyone treating reported crime rates as complete without source context
County vs State vs National
The county number only matters after you see the benchmark. These comparisons show where Graham County is genuinely cheap, where it is average, and where the hidden cost may be.
| Metric | County | State | U.S. | Signal |
|---|---|---|---|---|
Median home value Lower usually helps affordability. | $155,800 | $205,300 | $281,900 | 24% favorable24% below North Carolina county median |
Median gross rent Lower usually helps affordability. | $581 | $860 | $1,163 | 32% favorable32% below North Carolina county median |
Monthly owner cost Lower usually helps affordability. | $447 | $832 | $1,672 | 46% favorable46% below North Carolina county median |
Median household income | $49,038 | $58,949 | $74,755 | 17% pressure17% below North Carolina county median |
Effective property-tax rate Lower usually helps affordability. | 0.54% | 1.00% | 1.02% | 46% favorable46% below North Carolina county median |
Rent burden Lower usually helps affordability. | 30.00% | 28.00% | N/A | 7% pressure30.00% of renter income goes to rent. |
Income Fit
A low price only helps if local income can carry the monthly cost. This panel compares the county income base with rent and owner-cost thresholds.
Rent cushion
+$25,798
Median income minus rent threshold.
Owner cushion
+$29,881
Median income minus owner-cost threshold.
Affordability Advisory
This turns the raw housing numbers into income and buy-versus-rent screens.
Affordability verdict
Graham County is affordable for renters, with a median gross rent of $581/month representing approximately 14.2% of median household income. The rent burden (GRAPI) stands at 30.0%.
Rent vs own
The median rent in Graham County is $581/month, while owner costs run $447/month. Owning saves approximately $134/month.
Income needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $23,240/year. For owner costs at the 28% rule, the required income is roughly $19,157/year. With a median household income of $49,038, most households can comfortably afford rent here. Notably, 30.0% of renter households in Graham County are cost-burdened, spending more than 30% of income on housing.
Regional context
Within North Carolina, Graham County is less affordable than Caswell County by roughly 17% ($581/mo vs $699/mo).
Better Counties to Compare
Similar counties are matched on home value, rent, income, and state context. This is more useful than a simple nearest-price list.
| County | Home Value | Rent | Why compare |
|---|---|---|---|
| Wilkes County, NC | $161,400 | $715/mo | Same-state comparison near $161,400 home value and $715/mo rent. |
| Tyrrell County, NC | $138,400 | $612/mo | Same-state comparison near $138,400 home value and $612/mo rent. |
| Caswell County, NC | $151,200 | $699/mo | Same-state comparison near $151,200 home value and $699/mo rent. |
| Rutherford County, NC | $180,800 | $748/mo | Same-state comparison near $180,800 home value and $748/mo rent. |
| Montgomery County, NC | $150,300 | $753/mo | Same-state comparison near $150,300 home value and $753/mo rent. |
Data Confidence
- Crime coverage is partial, so safety comparisons need source context.
Next Checks
Housing Questions for Graham County
Is Graham County affordable for buying a home?
Is renting or owning cheaper in Graham County?
How much income do you need for housing in Graham County?
What should I double-check before moving to Graham County?
Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.