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Grifton

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

Median Home$150,411
Median Rent$647/month
Population2,539
Leading IndustriesManufacturing · Professional Services · Public Administration4% manufacturing
Home Value Growth⬆⬆⬆+39.7% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners51% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
NotableAffordable Market$150k median home · lower cost than 74% of the country
Grifton
NC

Frequently Asked Questions

What are today's mortgage rates in Grifton?

As of today, the 30-year fixed mortgage rate for Grifton is approximately 6.886% (6.922% 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 Grifton?

The median home value in Grifton is $150k. The median monthly rent is $647. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Grifton?

Home values in Grifton have increased 39.7% 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 Grifton?

Based on a typical all-in ownership cost of $766/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Grifton is $40k/year.

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What industries drive the economy in Grifton?

The largest employment sectors in Grifton are public administration (26%) and retail (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.