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Chinquapin

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

Median Home$126,700
Median Rent$816/month
Population84
Leading IndustriesProfessional Services · Retail · Construction3% professional services
Home Value Growth⬆⬆⬆+29.6% over 2 years
Retirees23% of residentsslightly above average
Homeowners88% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
NotableAffordable Market$127k median home · lower cost than 82% of the country
Chinquapin
NC

Frequently Asked Questions

What are today's mortgage rates in Chinquapin?

As of today, the 30-year fixed mortgage rate for Chinquapin is approximately 6.949% (6.987% 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 Chinquapin?

The median home value in Chinquapin is $127k. The median monthly rent is $816. Annual property taxes average $986. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Chinquapin?

Home values in Chinquapin 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 Chinquapin?

Based on a typical all-in ownership cost of $584/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $25k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Chinquapin is $60k/year.

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What industries drive the economy in Chinquapin?

The largest employment sectors in Chinquapin are public administration (22%) and retail (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.