Home/North Carolina/Lenoir County

Lenoir County Housing Market

North Carolina · 100 counties · Ranked #454 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$111,400

vs national$111,400 vs $281,900 national

Median Gross Rent

$814/mo

vs national$814 vs $1,163 national

Effective Tax Rate

0.88%

vs national0.88% vs 1.02% national

Median Household Income

$44,795

vs national$44,795 vs $74,755 national

Affordability Ratio

2.5x

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

Rent Burden

27.0%

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

More Housing Data

Property Tax (Median)

$985

Tax as % of Home Value

0.88%

Monthly Owner Cost

$758

Renter Income

$32,886

Frequently Asked Questions

What is the median home value in Lenoir County?
The median home value in Lenoir County is $111,400. This is below the national median of $281,900.
How much is rent in Lenoir County?
The median gross rent in Lenoir County is $814 per month.
What is the property tax rate in Lenoir County?
The effective property tax rate in Lenoir County is 0.88%. The median annual property tax bill is $985.
Is Lenoir County affordable?
With a home-value-to-income ratio of 2.5x, Lenoir County is considered 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.