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Cabarrus County

Learn about the people, housing, costs and businesses in Cabarrus County County

Median Home$356,910
Median Rent$1,512/month
Population236,133
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services8% arts, food & hospitality
Home Value Growth⬆⬆+17.5% over 2 years
Family-Friendly25% of residentsabove average nationally
Homeowners71% of occupied units
NotableHigh Incomes$98k/year · top 7% nationally
NotableHighly Educated24% bachelor's · 11% graduate · top 10% nationally
Cabarrus County
NC

Frequently Asked Questions

What are today's mortgage rates in Cabarrus County?

As of today, the 30-year fixed mortgage rate for Cabarrus County is approximately 6.957% (6.982% 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 Cabarrus County?

The median home value in Cabarrus County is $357k. The median monthly rent is $1,512. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cabarrus County?

Home values in Cabarrus County have increased 17.5% 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 Cabarrus County?

Based on a typical all-in ownership cost of $1,500/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $64k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cabarrus County is $98k/year.

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What industries drive the economy in Cabarrus County?

The largest employment sectors in Cabarrus County are public administration (20%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas