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Bennett

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

Median Home$167,100
Median Rent$1,086/month
Population307
Leading IndustriesEducation · Manufacturing · Wholesale Trade4% education
Home Value Growth⬆⬆⬆+32.7% over 2 years
Retirees24% of residentsslightly above average
Homeowners83% of occupied units
Bennett
NC

Frequently Asked Questions

What are today's mortgage rates in Bennett?

As of today, the 30-year fixed mortgage rate for Bennett is approximately 7.040% (7.081% 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 Bennett?

The median home value in Bennett is $167k. The median monthly rent is $1,086. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bennett?

Home values in Bennett have increased 32.7% 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 Bennett?

Based on a typical all-in ownership cost of $804/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 Bennett is $60k/year.

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What industries drive the economy in Bennett?

The largest employment sectors in Bennett are public administration (23%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.