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Gerton

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

Median Home$332,400
Median Rent$820/month
Population300
Leading IndustriesWholesale Trade · Healthcare · Manufacturing15% wholesale trade
Home Value Growth⬆⬆+12.9% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners70% of occupied units
Gerton
NC

Frequently Asked Questions

What are today's mortgage rates in Gerton?

As of today, the 30-year fixed mortgage rate for Gerton is approximately 6.961% (6.999% 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 Gerton?

The median home value in Gerton is $332k. The median monthly rent is $820. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Gerton?

Home values in Gerton have increased 12.9% 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 Gerton?

Based on a typical all-in ownership cost of $859/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Gerton is $53k/year.

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What industries drive the economy in Gerton?

The largest employment sectors in Gerton are public administration (16%) and wholesale trade (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.