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Rocky Mount

Learn about the people, housing, costs and businesses in Rocky Mount

Median Home$168,876
Median Rent$887/month
Population144,952
Leading IndustriesRetail · Construction18% retail
Home Value Growth⬆⬆⬆+22.1% over 2 years
Retirees20% of residentsslightly above average
Homeowners63% of occupied units
NotableAffordable Market$169k median home · lower cost than 90% of the country
NotableVeteran Community8% of residents · top 28% nationally
Rocky Mount

Frequently Asked Questions

What are today's mortgage rates in Rocky Mount?

Mortgage rates for Rocky Mount are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.

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What is the median home price in Rocky Mount?

The median home value in Rocky Mount is $169k. The median monthly rent is $887. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rocky Mount?

Home values in Rocky Mount have increased 22.1% 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 Rocky Mount?

Based on a typical all-in ownership cost of $892/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rocky Mount is $61k/year.

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What industries drive the economy in Rocky Mount?

The largest employment sectors in Rocky Mount are public administration (20%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.