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Bayboro

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

Median Home$150,000
Median Rent$793/month
Population1,136
Leading IndustriesConstruction · Agriculture & Mining · Information & Media10% construction
Home Value Growth+8.0% over 2 years
Retirees25% of residentsabove average nationally
Homeowners69% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
NotableAffordable Market$150k median home · lower cost than 74% of the country
Bayboro
NC

Frequently Asked Questions

What are today's mortgage rates in Bayboro?

As of today, the 30-year fixed mortgage rate for Bayboro is approximately 7.067% (7.109% 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 Bayboro?

The median home value in Bayboro is $150k. The median monthly rent is $793. Annual property taxes average $973. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bayboro?

Home values in Bayboro have increased 8.0% over the past two years. This represents moderate growth. 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 Bayboro?

Based on a typical all-in ownership cost of $711/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bayboro is $41k/year.

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What industries drive the economy in Bayboro?

The largest employment sectors in Bayboro are public administration (27%) and agriculture and mining (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.