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McDowell County Housing Market

North Carolina · 100 counties · Ranked #1474 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$168,300

vs national$168,300 vs $281,900 national

Median Gross Rent

$741/mo

vs national$741 vs $1,163 national

Effective Tax Rate

0.52%

vs national0.52% vs 1.02% national

Median Household Income

$55,527

vs national$55,527 vs $74,755 national

Affordability Ratio

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

Rent Burden

23.0%

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

More Housing Data

Property Tax (Median)

$871

Tax as % of Home Value

0.52%

Monthly Owner Cost

$605

Renter Income

$38,031

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in McDowell County?

The median home value in McDowell County is $168,300. This is below the national median of $281,900.

How much is rent in McDowell County?

The median gross rent in McDowell County is $741 per month.

What is the property tax rate in McDowell County?

The effective property tax rate in McDowell County is 0.52%. The median annual property tax bill is $871.

Is McDowell County affordable?

With a home-value-to-income ratio of 3x, McDowell 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.