Housing costs in Morven?
A typical home costs
$101,300, which is 70.0% less expensive than the national average of
$338,100 and 65.0% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Morven costs
$1,040 per month, which is 27.3% cheaper than the national average of
$1,430 and 6.7% cheaper than the state average of
$1,110.
Can I afford Morven?
To live comfortably in Morven, North Carolina, a minimum annual income of
$19,440 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Morven?
The cost of living in Morven, NC is quite reasonable. The median home value is just over $75,000, and the median household income is around $39,000 per year. The local economy is robust and provides plenty of job opportunities both in the area and nearby towns. Utility bills are relatively low due to the mild climate, and there are no state income taxes or sales taxes for goods purchased within North Carolina. Overall, Morven is an affordable place to live with a great quality of life.