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McFarlan

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

Median Home$96,000
Median Rent$827/month
Population95
Leading IndustriesRetail · Public Administration · Information & Media28% retail
Home Value Growth⬆⬆⬆+26.7% over 2 years
Family-Friendly28% of residentswell above average
Homeowners73% of occupied units
NotableAffordable Market$96k median home · lower cost than 93% of the country
McFarlan
NC

Frequently Asked Questions

What are today's mortgage rates in McFarlan?

As of today, the 30-year fixed mortgage rate for McFarlan is approximately 6.955% (6.993% 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 McFarlan?

The median home value in McFarlan is $96k. The median monthly rent is $827. Annual property taxes average $992. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in McFarlan?

Home values in McFarlan have increased 26.7% 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 McFarlan?

Based on a typical all-in ownership cost of $561/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $24k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in McFarlan is $51k/year.

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What industries drive the economy in McFarlan?

The largest employment sectors in McFarlan are retail (28%) and public administration (26%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.