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Transylvania County

Learn about the people, housing, costs and businesses in Transylvania County County

Median Home$370,490
Median Rent$1,252/month
Population33,691
Leading IndustriesEducation · Wholesale Trade · Professional Services4% education
Home Value Growth⬆⬆+19.3% over 2 years
Retirees31% of residentstop 3% nationally
Homeowners75% of occupied units
NotableHighly Educated24% bachelor's · 11% graduate · top 10% nationally
NotableVeteran Community10% of residents · top 12% nationally
Transylvania County
NC

Frequently Asked Questions

What are today's mortgage rates in Transylvania County?

As of today, the 30-year fixed mortgage rate for Transylvania County is approximately 6.948% (6.972% 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 Transylvania County?

The median home value in Transylvania County is $370k. The median monthly rent is $1,252. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Transylvania County?

Home values in Transylvania County have increased 19.3% 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 Transylvania County?

Based on a typical all-in ownership cost of $917/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Transylvania County is $69k/year.

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What industries drive the economy in Transylvania County?

The largest employment sectors in Transylvania County are public administration (22%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas