Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Lumber Bridge

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

Median Home$69,200
Median Rent$835/month
Population71
Leading IndustriesTransportation · Professional Services3% transportation
Home Value Growth-7.1% over 2 years
Young Adults28% of residentsnear the national average
Homeowners81% of occupied units
NotableTransit90/100 · excellent transit access
NotableVeteran Community9% of residents · top 22% nationally
Lumber Bridge
NC

Frequently Asked Questions

What are today's mortgage rates in Lumber Bridge?

As of today, the 30-year fixed mortgage rate for Lumber Bridge is approximately 7.094% (7.140% 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 Lumber Bridge
What is the median home price in Lumber Bridge?

The median home value in Lumber Bridge is $69k. The median monthly rent is $835. Annual property taxes average $645. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lumber Bridge?

Home values in Lumber Bridge have decreased 7.1% over the past two years. Buyers may find more negotiating room in this market. 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 Lumber Bridge?

Based on a typical all-in ownership cost of $488/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $21k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lumber Bridge is $45k/year.

Calculate your buying power
What industries drive the economy in Lumber Bridge?

The largest employment sectors in Lumber Bridge are public administration (20%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.