Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Horse Shoe

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

Median Home$393,106
Median Rent$1,162/month
Population2,358
Leading IndustriesEducation · Healthcare · Arts, Food & Hospitality4% education
Home Value Growth⬆⬆⬆+21.6% over 2 years
Retirees32% of residentstop 5% nationally
Homeowners87% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
NotableHighly Educated27% hold a bachelor's degree · top 14% nationally
Horse Shoe
NC

Frequently Asked Questions

What are today's mortgage rates in Horse Shoe?

As of today, the 30-year fixed mortgage rate for Horse Shoe is approximately 6.881% (6.917% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Horse Shoe
What is the median home price in Horse Shoe?

The median home value in Horse Shoe is $393k. The median monthly rent is $1,162. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Horse Shoe?

Home values in Horse Shoe have increased 21.6% 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 Horse Shoe?

Based on a typical all-in ownership cost of $1,019/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Horse Shoe is $83k/year.

Calculate your buying power
What industries drive the economy in Horse Shoe?

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