Cost of Living,
Morganton's Real Estate Market
Hickory-Lenoir-Morganton Metro Area
Profile: Small-town complex Location: Western North Carolina half way between Winston-Salem and Asheville Elevation: 897 Time zone: Eastern Standard Time
|Cost of living||Arts and culture|
|Small-town feel||Low ethnic diversity|
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This interesting tri-city area is located in the broad Catawba Valley at the eastern base of the Blue Ridge Mountains. As the name “Hickory” implies, this is an area of hardwood forests, the original resource for Hickory’s active furniture-making industry. According to local sources, 60% of the furniture made in the United States is made within 200 miles of Hickory, and names like Broyhill, Drexel Heritage and Henredon among many others are headquartered locally. Furniture factory outlets draw people from miles around. The area is also home to the one of the country’s largest fiber optic cable plants operated by Corning.
The downtown areas of Morganton and Hickory are small but clean and exceptionally authentic examples of the Southern small town. There are some recreational opportunities in the nearby mountains to the west and large Lake Norman to the southeast. The area is in the heart of the Bible Belt, evidence of which is all around. Cost of living is low and crime is among the lowest in the state. Some may not find enough in the way of intellectual stimulation, including cultural amenities and higher education.
The terrain is mostly hilly and wooded. The Catawba River runs through the area and turns south into Lake Norman at the east edge of the county, where the land begins to flatten out into the Carolina Piedmont. The climate is typical of the region. The mountains to the northwest block and warm cold northwest winds. The ocean is too far away to affect summer temperatures but can moderate winter cold.
Summers are warm with frequent 90 degrees days and thundershowers. Winters are cool but not excessively so. Winter temperatures frequently touch freezing, but seldom go far below. Snow and snow accumulations are rare. Rainfall is evenly distributed through the year, with fall being the driest.
Interesting Facts about Morganton, North Carolina
As of 2014, Morganton's population is 16,932 people. Since 2000, it has had a population growth of -4.13 percent.--------------------
The median home cost in Morganton is $104,400. Home appreciation the last year has been -0.60 percent.--------------------
Compared to the rest of the country, Morganton's cost of living is 13.90% Lower than the U.S. average.--------------------
Morganton public schools spend $8,310 per student. The average school expenditure in the U.S. is $12,435. There are about 15.4 students per teacher in Morganton.--------------------
The unemployment rate in Morganton is 6.30 percent(U.S. avg. is 6.30%). Recent job growth is Positive. Morganton jobs have Increased by 0.70 percent.
Ranked #28 America's Best and Worst Cities for Crime (Mid-Size Metro Areas)
Ranked #254 2005 Best Places to Live
Ranked #268 Best Green Cities
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Average Commute time is 17 minutes. The National Average is 25 minutes.--------------------
Morganton's Real Estate Market (click to see properties)
• Newly Listed Homes
• Most Expensive Listing
• Million Dollar Houses
• Homes from $750,001 to $1,000,000
• Homes from $500,001 to $750,000
• Homes from $250,000 to $500,000
• Homes under $250,000
• Median Priced Homes