Safe Rate Local

Cherokee County

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

Median Home$228,277
Median Rent$898/month
Population29,562
Leading IndustriesWholesale Trade · Education11% wholesale trade
Home Value Growth⬆⬆+11.0% over 2 years
Retirees31% of residentstop 3% nationally
Homeowners84% of occupied units
NotableVeteran Community10% of residents · top 12% nationally
NotableAmenity Score66/100 · highly walkable area
Cherokee County
NC

Frequently Asked Questions

What are today's mortgage rates in Cherokee County?

As of today, the 30-year fixed mortgage rate for Cherokee County is approximately 7.091% (7.119% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Cherokee County
What is the median home price in Cherokee County?

The median home value in Cherokee County is $228k. The median monthly rent is $898. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cherokee County?

Home values in Cherokee County have increased 11.0% 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 Cherokee County?

Based on a typical all-in ownership cost of $653/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cherokee County is $57k/year.

Calculate your buying power
What industries drive the economy in Cherokee County?

The largest employment sectors in Cherokee County are public administration (22%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas