
Affordable
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These days, finding an affordable place to live in the McGehees Mill area can be challenging. Home prices in McGehees Mill are now at a median cost of $558,275, higher than the North Carolina average of $323,314.
The average cost of rent is $934/mo in McGehees Mill, primarily driven by the current value of real estate in the McGehees Mill area. In McGehees Mill, 13.12% of households rent, and 69.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in McGehees Mill is $9,515 per month. Households that rent pay about 9.82% of their income on rent here. McGehees Mill’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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