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Tyro

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

Median Home$192,798
Median Rent$793/month
Population4,106
Leading IndustriesEducation · Wholesale Trade · Retail4% education
Home Value Growth⬆⬆⬆+22.8% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners81% of occupied units
Tyro
NC

Frequently Asked Questions

What are today's mortgage rates in Tyro?

As of today, the 30-year fixed mortgage rate for Tyro is approximately 6.916% (6.953% 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 Tyro?

The median home value in Tyro is $193k. The median monthly rent is $793. Annual property taxes average $993. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Tyro?

Home values in Tyro have increased 22.8% 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 Tyro?

Based on a typical all-in ownership cost of $773/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Tyro is $70k/year.

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What industries drive the economy in Tyro?

The largest employment sectors in Tyro are public administration (20%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.