Housing costs in Summerfield?
A typical home costs
$421,900, which is 24.8% more expensive than the national average of
$338,100 and 45.8% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Summerfield costs
$1,080 per month, which is 2.7% cheaper than the national average of
$1,110 and 6.5% more than the state average of
$1,010.
Can I afford Summerfield?
To live comfortably in Summerfield (zip 27358), North Carolina, a minimum annual income of
$81,000 for a family, and
$38,400 for a single person is recommended.
What does A.I. say about Summerfield?
The cost of living in 27358 Summerfield, NC is fairly affordable compared to the rest of the United States. Although the median family income is on the low side at just over $50,000 per year, there are still plenty of opportunities for employment within the area. The median home price is around $121,000, which is much lower than other cities and towns in North Carolina. Additionally, transportation costs are fairly reasonable with a monthly bus pass costing only $60. Other essential items such as groceries and health care are also reasonably priced. All these factors make it an attractive place to live for those looking to keep their living expenses low while still enjoying great amenities like schools and parks.