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Bermuda Run

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

Median Home$406,760
Median Rent$1,079/month
Population3,256
Leading IndustriesEducation · Retail7% education
Home Value Growth⬆⬆+14.9% over 2 years
Retirees31% of residentswell above average
Homeowners86% of occupied units
NotableHighly Educated27% bachelor's · 13% graduate · top 14% nationally
NotableVeteran Community10% of residents · top 14% nationally
Bermuda Run
NC

Frequently Asked Questions

What are today's mortgage rates in Bermuda Run?

As of today, the 30-year fixed mortgage rate for Bermuda Run is approximately 6.887% (6.923% 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 Bermuda Run?

The median home value in Bermuda Run is $407k. The median monthly rent is $1,079. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bermuda Run?

Home values in Bermuda Run have increased 14.9% 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 Bermuda Run?

Based on a typical all-in ownership cost of $1,236/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bermuda Run is $96k/year.

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What industries drive the economy in Bermuda Run?

The largest employment sectors in Bermuda Run are public administration (24%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.