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Cedar Rock

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

Median Home$216,300
Median Rent$780/month
Population270
Leading IndustriesRetail · Transportation · Finance & Insurance20% retail
Home Value Growth⬆⬆⬆+21.6% over 2 years
Retirees24% of residentsslightly above average
Homeowners70% of occupied units
Cedar Rock
NC

Frequently Asked Questions

What are today's mortgage rates in Cedar Rock?

As of today, the 30-year fixed mortgage rate for Cedar Rock is approximately 7.008% (7.048% 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 Cedar Rock?

The median home value in Cedar Rock is $216k. The median monthly rent is $780. Annual property taxes average $979. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cedar Rock?

Home values in Cedar Rock have increased 21.6% 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 Cedar Rock?

Based on a typical all-in ownership cost of $753/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cedar Rock is $56k/year.

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What industries drive the economy in Cedar Rock?

The largest employment sectors in Cedar Rock are retail (20%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.