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Eastern Cherokee Reservation

Learn about the people, housing, costs and businesses in Eastern Cherokee Reservation, North Carolina

Median Home$223,348
Median Rent$899/month
Population7,625
Leading IndustriesConstruction · Agriculture & Mining5% construction
Home Value Growth⬆⬆⬆+21.5% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners74% of occupied units
NotableVeteran Community8% of residents · top 27% nationally
Eastern Cherokee Reservation
NC

Explore Eastern Cherokee Reservation

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Eastern Cherokee Reservation?

As of today, the 30-year fixed mortgage rate for Eastern Cherokee Reservation is approximately 6.968% (7.007% 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 Eastern Cherokee Reservation?

The median home value in Eastern Cherokee Reservation is $223k. The median monthly rent is $899. Annual property taxes average $934. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Eastern Cherokee Reservation?

Home values in Eastern Cherokee Reservation have increased 21.5% 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 Eastern Cherokee Reservation?

Based on a typical all-in ownership cost of $409/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $18k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Eastern Cherokee Reservation is $58k/year.

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What industries drive the economy in Eastern Cherokee Reservation?

The largest employment sectors in Eastern Cherokee Reservation are public administration (22%) and wholesale trade (7%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.