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Biscoe

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

Median Home$133,200
Median Rent$613/month
Population2,323
Leading IndustriesArts, Food & Hospitality · Professional Services · Healthcare20% arts, food & hospitality
Home Value Growth⬆⬆+14.8% over 2 years
Young Adults43% of residentstop 2% nationally
Homeowners61% of occupied units
NotableTransit92/100 · excellent transit access
NotableHighly Educated34% bachelor's · 22% graduate · top 4% nationally
Biscoe
NC

Frequently Asked Questions

What are today's mortgage rates in Biscoe?

As of today, the 30-year fixed mortgage rate for Biscoe is approximately 6.778% (6.810% 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 Biscoe?

The median home value in Biscoe is $133k. The median monthly rent is $613. Annual property taxes average $929. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Biscoe?

Home values in Biscoe have increased 14.8% 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 Biscoe?

Based on a typical all-in ownership cost of $582/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $25k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Biscoe is $46k/year.

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What industries drive the economy in Biscoe?

The largest employment sectors in Biscoe are public administration (32%) and healthcare (22%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.