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Grantsboro

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

Median Home$163,767
Median Rent$762/month
Population666
Leading IndustriesConstruction · Agriculture & Mining · Retail10% construction
Home Value Growth⬆⬆+14.1% over 2 years
Young Adults29% of residentsslightly above average
Homeowners82% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
NotableAffordable Market$164k median home · lower cost than 68% of the country
Grantsboro
NC

Frequently Asked Questions

What are today's mortgage rates in Grantsboro?

As of today, the 30-year fixed mortgage rate for Grantsboro is approximately 6.966% (7.005% 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 Grantsboro?

The median home value in Grantsboro is $164k. The median monthly rent is $762. Annual property taxes average $970. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Grantsboro?

Home values in Grantsboro have increased 14.1% 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 Grantsboro?

Based on a typical all-in ownership cost of $735/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Grantsboro is $61k/year.

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What industries drive the economy in Grantsboro?

The largest employment sectors in Grantsboro are public administration (27%) and retail (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.