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Burnsville

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

Median Home$260,620
Median Rent$867/month
Population1,561
Leading IndustriesRetail · Finance & Insurance · Information & Media22% retail
Home Value Growth+10.9% over 2 years
Retirees30% of residentswell above average
Homeowners67% of occupied units
NotableAmenity Score72/100 · highly walkable area
Burnsville
NC

Frequently Asked Questions

What are today's mortgage rates in Burnsville?

As of today, the 30-year fixed mortgage rate for Burnsville is approximately 6.917% (6.954% 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 Burnsville?

The median home value in Burnsville is $261k. The median monthly rent is $867. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Burnsville?

Home values in Burnsville have increased 10.9% 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 Burnsville?

Based on a typical all-in ownership cost of $845/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Burnsville is $59k/year.

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What industries drive the economy in Burnsville?

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