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Riegelwood

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

Median Home$152,500
Median Rent$1,064/month
Population594
Leading IndustriesWholesale Trade · Construction · Agriculture & Mining13% wholesale trade
Home Value Growth+8.8% over 2 years
Young Adults29% of residentsslightly above average
Homeowners77% of occupied units
Riegelwood
NC

Frequently Asked Questions

What are today's mortgage rates in Riegelwood?

As of today, the 30-year fixed mortgage rate for Riegelwood is approximately 6.926% (6.963% 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 Riegelwood?

The median home value in Riegelwood is $153k. The median monthly rent is $1,064. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Riegelwood?

Home values in Riegelwood have increased 8.8% 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 Riegelwood?

Based on a typical all-in ownership cost of $737/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 Riegelwood is $58k/year.

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What industries drive the economy in Riegelwood?

The largest employment sectors in Riegelwood are public administration (21%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.