Housing costs in Lumberton?
A typical home costs
$161,200, which is 52.3% less expensive than the national average of
$338,100 and 44.3% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Lumberton costs
$890 per month, which is 19.8% cheaper than the national average of
$1,110 and 13.5% more than the state average of
$770.
Can I afford Lumberton?
To live comfortably in Lumberton (zip 28360), North Carolina, a minimum annual income of
$30,960 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Lumberton?
The cost of living in 28360 Lumberton, NC is fairly low compared to the national average. The median home value is $131,400 which is considerably lower than the national median at $231,200. The cost of groceries and utilities are also lower than the US averages, making it a great choice for those looking to stretch their budgets. The area has a very reasonable tax rate with an overall sales tax rate of 6.75%. Furthermore, housing prices are relatively affordable with an average rental price for a two-bedroom apartment coming in at around $717 per month. All in all, 28360 Lumberton, NC provides an excellent balance between economic stability and affordability for its residents.