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Affordable
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These days, finding an affordable place to live in the Roaring Gap area can be challenging. Home prices in Roaring Gap are now at a median cost of $229,215, lower than the North Carolina average of $323,314.
The average cost of rent is $772/mo in Roaring Gap, primarily driven by the current value of real estate in the Roaring Gap area. In Roaring Gap, 21.79% of households rent, and 34.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Roaring Gap is $5,487 per month. Households that rent pay about 14.07% of their income on rent here. Roaring Gap’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Glade Valley, NC: less expensive homes
- Thurmond, NC: equally priced homes
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Cities with Similar Populations
- Jericho, KY: less expensive homes
- Silver Lake, TN: higher priced homes
- Silvara, PA: equally priced homes
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- Kranzburg, SD: higher priced homes
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- Kelly, SC: less expensive homes
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