Housing costs in Asheboro?
A typical home costs
$215,500, which is 36.3% less expensive than the national average of
$338,100 and 25.5% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Asheboro costs
$920 per month, which is 17.1% cheaper than the national average of
$1,110 and 9.8% cheaper than the state average of
$1,010.
Can I afford Asheboro?
To live comfortably in Asheboro (zip 27205), North Carolina, a minimum annual income of
$41,400 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Asheboro?
The cost of living in 27205 Asheboro, NC is quite affordable. According to the latest figures from the BestPlaces Bureau, the median household income in this zip code is around $39,700. Groceries and other general goods are available at prices close to the national averages, while utilities including electricity and gas are lower than average. The housing market is an attractive option for many buyers, as the median listing price for homes is just over $150,000 with a median sale price of around $123,000. Renters may be able to find slightly cheaper options in 27205 Asheboro; however, rental rates are generally on par with surrounding areas. Overall, living in 27205 Asheboro provides an opportunity to enjoy a comfortable lifestyle without breaking the bank.