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Hallsboro

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

Median Home$137,515
Median Rent$881/month
Population397
Leading IndustriesRetail · Education14% retail
Home Value Growth⬆⬆+18.7% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners80% of occupied units
Hallsboro
NC

Frequently Asked Questions

What are today's mortgage rates in Hallsboro?

As of today, the 30-year fixed mortgage rate for Hallsboro is approximately 6.903% (6.939% 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 Hallsboro?

The median home value in Hallsboro is $138k. The median monthly rent is $881. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hallsboro?

Home values in Hallsboro have increased 18.7% 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 Hallsboro?

Based on a typical all-in ownership cost of $876/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hallsboro is $61k/year.

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What industries drive the economy in Hallsboro?

The largest employment sectors in Hallsboro are public administration (21%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.