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Arapahoe

Learn about the people, housing, costs and businesses in Arapahoe, North Carolina

Median Home$243,416
Median Rent$855/month
Population426
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services18% arts, food & hospitality
Home Value Growth⬆⬆⬆+25.2% over 2 years
Young Adults27% of residentsnear the national average
Homeowners80% of occupied units
NotableHighly Educated27% bachelor's · 19% graduate · top 14% nationally
Arapahoe
NC

Frequently Asked Questions

What are today's mortgage rates in Arapahoe?

As of today, the 30-year fixed mortgage rate for Arapahoe is approximately 6.807% (6.840% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Arapahoe?

The median home value in Arapahoe is $243k. The median monthly rent is $855. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Arapahoe?

Home values in Arapahoe have increased 25.2% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Arapahoe?

Based on a typical all-in ownership cost of $799/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Arapahoe is $70k/year.

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What industries drive the economy in Arapahoe?

The largest employment sectors in Arapahoe are public administration (29%) and healthcare (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.