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Affordable
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These days, finding an affordable place to live in the Bald Head Island area can be challenging. Home prices in Bald Head Island are now at a median cost of $1,367,200, higher than the North Carolina average of $323,314.
The average cost of rent is $1,352/mo in Bald Head Island, primarily driven by the current value of real estate in the Bald Head Island area. In Bald Head Island, 1.90% of households rent, and 38.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bald Head Island is $17,435 per month. Households that rent pay about 7.75% of their income on rent here. Bald Head Island’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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