Cost of living in Olive Hill township, North Carolina

Cost of living
compared to USA

low

Cost of living
compared to North Carolina

moderate

Median household
income

the highest

Is it expensive to live in Olive Hill township, North Carolina? When calculating the cost of living in Olive Hill township, North Carolina we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.

The cost of living in Olive Hill township, North Carolina is lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in North Carolina, while median household income in Olive Hill township is $83,125 which is the highest Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in North Carolina.

Taxes in Olive Hill township, North Carolina

The sales tax rate in Olive Hill township, North Carolina is 7.0%. Last year, the average property taxes paid was 0.8% Olive Hill township, North Carolina.

The state income tax in the state of North Carolina is 4.75%.

Housing costs in Olive Hill township, North Carolina

The average cost of
a single-family home
compated to USA

high

The average cost of
a single-family home
compated to North Carolina

high

In Olive Hill township, North Carolina, 87.0% of the population owns their homes, while approximately 13.0% rent. The average cost of a single-family home in Olive Hill township, North Carolina in 2022 is $275,360 which is highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in North Carolina. The average one-bedroom apartment cost is approximately $689 per month.

Rental Size	Monthly Cost	Compared to North Carolina
1 Bedroom	$689	the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom	$890	lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom	$1,211	lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom	$1,316	the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest