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Affordable
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These days, finding an affordable place to live in the Timberlake area can be challenging. Home prices in Timberlake are now at a median cost of $260,907, lower than the North Carolina average of $323,314.
The average cost of rent is $917/mo in Timberlake, primarily driven by the current value of real estate in the Timberlake area. In Timberlake, 15.53% of households rent, and 33.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Timberlake is $6,289 per month. Households that rent pay about 14.58% of their income on rent here. Timberlake’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rougemont, NC: higher priced homes
- Moriah, NC: equally priced homes
- Brooksdale, NC: less expensive homes
- Hurdle Mills, NC: equally priced homes
- Gordonton, NC: less expensive homes
- Bahama, NC: higher priced homes
- Denny Store, NC: less expensive homes
- Berea, NC: less expensive homes
- Culbreth, NC: less expensive homes
- Orange Factory, NC: higher priced homes
Cities with Similar Populations
- Ripley, WV: less expensive homes
- Landisville, PA: higher priced homes
- Larose, LA: less expensive homes
- Lincoln Park, TX: higher priced homes
- Lindstrom, MN: higher priced homes
- Linglestown, PA: equally priced homes
- Linton, IN: less expensive homes
- Abilene, KS: less expensive homes
- Loiza, PR: less expensive homes
- Ralston, NE: less expensive homes
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