Cost of living in Lake Park, North Carolina

Cost of living
compared to USA

moderate

Cost of living
compared to North Carolina

the highest

Median household
income

high

Is it expensive to live in Lake Park, North Carolina? When calculating the cost of living in Lake Park, 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 Lake Park, North Carolina is moderateAnalytics 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, while median household income in Lake Park is $70,296 which is high 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 Lake Park, North Carolina

The sales tax rate in Lake Park, North Carolina is 7.3%. Last year, the average property taxes paid was 0.8% Lake Park, North Carolina.

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

Housing costs in Lake Park, North Carolina

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

the highest

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

the highest

In Lake Park, North Carolina, 90.0% of the population owns their homes, while approximately 10.0% rent. The average cost of a single-family home in Lake Park, North Carolina in 2023 is $378,866 which is the highestAnalytics 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. The average one-bedroom apartment cost is approximately $1,840 per month.

Rental Size	Monthly Cost	Compared to North Carolina
1 Bedroom	$1,840	the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom	$2,070	the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom	$2,580	the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom	$3,300	the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest