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Vance County Housing Market

North Carolina · 100 counties · Ranked #1081 in home value

Below National Avg

Housing at a Glance

Median Home Value

$146,300

vs national$146,300 vs $281,900 national

Median Gross Rent

$860/mo

vs national$860 vs $1,163 national

Effective Tax Rate

0.81%

vs national0.81% vs 1.02% national

Median Household Income

$46,943

vs national$46,943 vs $74,755 national

Affordability Ratio

3.1x

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

Rent Burden

30.0%

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

More Housing Data

Property Tax (Median)

$1,179

Tax as % of Home Value

0.81%

Monthly Owner Cost

$742

Renter Income

$36,012

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Frequently Asked Questions

What is the median home value in Vance County?

The median home value in Vance County is $146,300. This is below the national median of $281,900.

How much is rent in Vance County?

The median gross rent in Vance County is $860 per month.

What is the property tax rate in Vance County?

The effective property tax rate in Vance County is 0.81%. The median annual property tax bill is $1,179.

Is Vance County affordable?

With a home-value-to-income ratio of 3.1x, Vance 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.