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Cornelius

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

Median Home$721,473
Median Rent$1,844/month
Population32,431
Leading IndustriesEducation · Arts, Food & Hospitality · Healthcare3% education
Home Value Growth+10.5% over 2 years
Retirees22% of residentsnear the national average
Homeowners67% of occupied units
NotableAmenity Score79/100 · highly walkable area
NotableHigh Incomes$128k/year · top 7% nationally
Cornelius
NC

Frequently Asked Questions

What are today's mortgage rates in Cornelius?

As of today, the 30-year fixed mortgage rate for Cornelius is approximately 6.881% (6.917% 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 Cornelius?

The median home value in Cornelius is $721k. The median monthly rent is $1,844. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cornelius?

Home values in Cornelius have increased 10.5% 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 Cornelius?

Based on a typical all-in ownership cost of $1,919/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $82k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cornelius is $128k/year.

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What industries drive the economy in Cornelius?

The largest employment sectors in Cornelius are public administration (21%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.