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Northlake

Learn about the people, housing, costs and businesses in Northlake, South Carolina

Median Home$269,440
Median Rent$1,166/month
Population4,059
Leading IndustriesRetail · Public Administration17% retail
Home Value Growth+9.3% over 2 years
Young Adults28% of residentsnear the national average
Homeowners70% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Northlake
SC

Frequently Asked Questions

What are today's mortgage rates in Northlake?

As of today, the 30-year fixed mortgage rate for Northlake is approximately 7.015% (7.055% 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 Northlake?

The median home value in Northlake is $269k. The median monthly rent is $1,166. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Northlake?

Home values in Northlake have increased 9.3% over the past two years. This represents moderate growth. 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 Northlake?

Based on a typical all-in ownership cost of $987/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Northlake is $76k/year.

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What industries drive the economy in Northlake?

The largest employment sectors in Northlake are public administration (26%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.