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Brevard

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

Median Home$431,343
Median Rent$1,050/month
Population7,955
Leading IndustriesEducation · Retail · Professional Services5% education
Home Value Growth⬆⬆⬆+24.1% over 2 years
Retirees26% of residentsabove average nationally
Homeowners58% of occupied units
NotableAmenity Score80/100 · highly walkable area
Brevard
NC

Frequently Asked Questions

What are today's mortgage rates in Brevard?

As of today, the 30-year fixed mortgage rate for Brevard is approximately 6.892% (6.928% 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 Brevard?

The median home value in Brevard is $431k. The median monthly rent is $1,050. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Brevard?

Home values in Brevard have increased 24.1% 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 Brevard?

Based on a typical all-in ownership cost of $949/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Brevard is $54k/year.

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What industries drive the economy in Brevard?

The largest employment sectors in Brevard are public administration (24%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.