Housing costs in Davidson?
A typical home costs
$569,300, which is 68.4% more expensive than the national average of
$338,100 and 96.8% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Davidson costs
$1,430 per month, which is 28.8% more than the national average of
$1,110 and 12.6% more than the state average of
$1,250.
Can I afford Davidson?
To live comfortably in Davidson (zip 28036), North Carolina, a minimum annual income of
$109,080 for a family, and
$50,800 for a single person is recommended.
What does A.I. say about Davidson?
The cost of living in 28036 Davidson, NC is relatively high compared to other parts of the country. The overall cost of living index for Davidson is 110.7, which is 10.7% higher than the national average. Housing costs contribute significantly to this difference, as the median home value in 28036 is approximately $320,500, roughly twice the national median of $184,700. Transportation also costs more in Davidson than most other places due to its proximity to Charlotte and lack of public transportation options; the average price for gas in Davidson is around 15% higher than the US average. Despite these higher prices overall, it’s clear that people love living here; with an abundance of amenities and a vibrant culture scene, it’s easy to see why residents are willing to pay more for living here.