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These days, finding an affordable place to live in the Tar River area can be challenging. Home prices in Tar River are now at a median cost of $297,995, lower than the North Carolina average of $323,314.
The average cost of rent is $995/mo in Tar River, primarily driven by the current value of real estate in the Tar River area. In Tar River, 12.76% of households rent, and 54.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tar River is $7,346 per month. Households that rent pay about 13.55% of their income on rent here. Tar River’s most expensive areas are in the northern 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
- Wilton, NC: equally priced homes
- Stem, NC: less expensive homes
- Shoofly, NC: less expensive homes
- Creedmoor, NC: higher priced homes
- Fairport, NC: less expensive homes
- Dickerson, NC: less expensive homes
- Culbreth, NC: less expensive homes
- Butner, NC: less expensive homes
- Grissom, NC: higher priced homes
- Franklinton, NC: equally priced homes
Cities with Similar Populations
- Wiergate, TX: less expensive homes
- Ebro, MN: less expensive homes
- Eglon, KY: less expensive homes
- Elderon, WI: less expensive homes
- Elk City, KS: less expensive homes
- Elkwood, VA: higher priced homes
- Ellis Grove, IL: less expensive homes
- Ellisboro, NC: equally priced homes
- Elm Grove, NC: less expensive homes
- Woodland, MN: higher priced homes
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