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Boiling Spring Lakes

Learn about the people, housing, costs and businesses in Boiling Spring Lakes, North Carolina

Median Home$260,419
Median Rent$1,453/month
Population6,205
Leading IndustriesInformation & Media · Professional Services · Finance & Insurance11% information & media
Home Value Growth+2.8% over 2 years
Young Adults28% of residentsnear the national average
Homeowners82% of occupied units
Boiling Spring Lakes
NC

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Frequently Asked Questions

What are today's mortgage rates in Boiling Spring Lakes?

As of today, the 30-year fixed mortgage rate for Boiling Spring Lakes is approximately 6.972% (7.011% 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 Boiling Spring Lakes?

The median home value in Boiling Spring Lakes is $260k. The median monthly rent is $1,453. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Boiling Spring Lakes?

Home values in Boiling Spring Lakes have increased 2.8% over the past two years. The market has been relatively stable. 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 Boiling Spring Lakes?

Based on a typical all-in ownership cost of $1,114/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $48k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Boiling Spring Lakes is $66k/year.

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What industries drive the economy in Boiling Spring Lakes?

The largest employment sectors in Boiling Spring Lakes are public administration (18%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.