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Saxapahaw

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

Median Home$240,474
Median Rent$922/month
Population1,706
Leading IndustriesHealthcare · Wholesale Trade · Retail13% healthcare
Home Value Growth⬆⬆⬆+26.8% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners84% of occupied units
Saxapahaw
NC

Frequently Asked Questions

What are today's mortgage rates in Saxapahaw?

As of today, the 30-year fixed mortgage rate for Saxapahaw is approximately 6.905% (6.941% 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 Saxapahaw?

The median home value in Saxapahaw is $240k. The median monthly rent is $922. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Saxapahaw?

Home values in Saxapahaw have increased 26.8% 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 Saxapahaw?

Based on a typical all-in ownership cost of $992/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Saxapahaw is $81k/year.

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What industries drive the economy in Saxapahaw?

The largest employment sectors in Saxapahaw are public administration (24%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.