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Lattimore

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

Median Home$215,800
Median Rent$846/month
Population386
Leading IndustriesRetail · Finance & Insurance · Information & Media26% retail
Home Value Growth⬆⬆+12.6% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners77% of occupied units
Lattimore
NC

Frequently Asked Questions

What are today's mortgage rates in Lattimore?

As of today, the 30-year fixed mortgage rate for Lattimore is approximately 6.979% (7.018% 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 Lattimore?

The median home value in Lattimore is $216k. The median monthly rent is $846. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lattimore?

Home values in Lattimore have increased 12.6% 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 Lattimore?

Based on a typical all-in ownership cost of $748/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 Lattimore is $63k/year.

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What industries drive the economy in Lattimore?

The largest employment sectors in Lattimore are retail (26%) and public administration (23%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.