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Faith

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

Median Home$241,752
Median Rent$933/month
Population905
Leading IndustriesConstruction · Professional Services · Agriculture & Mining5% construction
Home Value Growth+10.2% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners83% of occupied units
Faith
NC

Frequently Asked Questions

What are today's mortgage rates in Faith?

As of today, the 30-year fixed mortgage rate for Faith is approximately 6.972% (7.011% 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 Faith?

The median home value in Faith is $242k. The median monthly rent is $933. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Faith?

Home values in Faith have increased 10.2% 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 Faith?

Based on a typical all-in ownership cost of $1,004/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Faith is $74k/year.

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What industries drive the economy in Faith?

The largest employment sectors in Faith are public administration (23%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.