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Calypso

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

Median Home$142,600
Median Rent$640/month
Population323
Leading IndustriesTransportation · Construction · Agriculture & Mining8% transportation
Home Value Growth⬆⬆⬆+29.6% over 2 years
Retirees22% of residentsnear the national average
Homeowners77% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
NotableAffordable Market$143k median home · lower cost than 77% of the country
Calypso
NC

Frequently Asked Questions

What are today's mortgage rates in Calypso?

As of today, the 30-year fixed mortgage rate for Calypso is approximately 6.979% (7.018% 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 Calypso?

The median home value in Calypso is $143k. The median monthly rent is $640. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Calypso?

Home values in Calypso have increased 29.6% 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 Calypso?

Based on a typical all-in ownership cost of $696/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Calypso is $65k/year.

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What industries drive the economy in Calypso?

The largest employment sectors in Calypso are public administration (24%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.