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Caroleen

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

Median Home$163,000
Median Rent$722/month
Population452
Leading IndustriesConstruction · Agriculture & Mining · Manufacturing8% construction
Home Value Growth⬆⬆⬆+45.4% over 2 years
Young Adults34% of residentswell above average
Homeowners82% of occupied units
NotableTransit95/100 · excellent transit access
NotableAffordable Market$163k median home · lower cost than 68% of the country
Caroleen
NC

Frequently Asked Questions

What are today's mortgage rates in Caroleen?

As of today, the 30-year fixed mortgage rate for Caroleen is approximately 6.964% (7.003% 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 Caroleen?

The median home value in Caroleen is $163k. The median monthly rent is $722. Annual property taxes average $758. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Caroleen?

Home values in Caroleen have increased 45.4% 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 Caroleen?

Based on a typical all-in ownership cost of $639/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $27k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Caroleen is $40k/year.

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What industries drive the economy in Caroleen?

The largest employment sectors in Caroleen are public administration (23%) and agriculture and mining (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.