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Lake Norman of Catawba

Learn about the people, housing, costs and businesses in Lake Norman of Catawba, North Carolina

Median Home$462,899
Median Rent$1,211/month
Population9,365
Leading IndustriesTransportation · Finance & Insurance · Information & Media5% transportation
Home Value Growth⬆⬆+14.1% over 2 years
Young Adults28% of residentsnear the national average
Homeowners84% of occupied units
NotableHigh Incomes$104k/year · top 15% nationally
NotableHighly Educated23% hold a bachelor's degree · top 23% nationally
Lake Norman of Catawba
NC

Explore Lake Norman of Catawba

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Lake Norman of Catawba?

As of today, the 30-year fixed mortgage rate for Lake Norman of Catawba is approximately 6.867% (6.898% 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 Lake Norman of Catawba?

The median home value in Lake Norman of Catawba is $463k. The median monthly rent is $1,211. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lake Norman of Catawba?

Home values in Lake Norman of Catawba 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 Lake Norman of Catawba?

Based on a typical all-in ownership cost of $1,249/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $54k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lake Norman of Catawba is $104k/year.

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What industries drive the economy in Lake Norman of Catawba?

The largest employment sectors in Lake Norman of Catawba are public administration (18%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.