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Rural Hall

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

Median Home$196,129
Median Rent$1,040/month
Population3,490
Leading IndustryManufacturing1% of local workforce
Home Value Growth⬆⬆+20.8% over 2 years
Young Adults25% of residents
Homeowners71% of occupied units
Rural Hall
NC

Frequently Asked Questions

What are today's mortgage rates in Rural Hall?

As of today, the 30-year fixed mortgage rate for Rural Hall is approximately 7.039% (7.080% 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 Rural Hall?

The median home value in Rural Hall is $196k. The median monthly rent is $1,040. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rural Hall?

Home values in Rural Hall have increased 20.8% 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 Rural Hall?

Based on a typical all-in ownership cost of $1,076/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $46k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rural Hall is $60k/year.

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What industries drive the economy in Rural Hall?

The largest employment sectors in Rural Hall are public administration (23%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.