Summerfield, North Carolina

Cost of living in Summerfield, North Carolina

  • Cost of living compared to USAlow
  • Cost of living compared to North Carolinahigh
  • Median household incomethe highest

Is it expensive to live in Summerfield, North Carolina? When calculating the cost of living in Summerfield, 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 Summerfield, 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 highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in North Carolina, while median household income in Summerfield is $109,577 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 Summerfield, North Carolina

The sales tax rate in Summerfield, North Carolina is 6.8%. Last year, the average property taxes paid was 1.1% Summerfield, North Carolina.

The state income tax in the state of North Carolina is 4.99%.

Housing costs in Summerfield, North Carolina

  • The average cost of a single-family home compared to USAhigh
  • The average cost of a single-family home compared to North Carolinahigh

In Summerfield, North Carolina, 88.0% of the population owns their homes, while approximately 12.0% rent. The average cost of a single-family home in Summerfield, North Carolina in 2022 is $313,794 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 $1,065 per month.

Rental SizeMonthly CostCompared to North Carolina
1 Bedroom$1,065the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom$1,209the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom$1,557highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom$1,750highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest