Quick facts: Bakersville, NC

Quick Facts

100.6
Cost of Living
above US average
457
Population
32.82
Crime Rate per 1000
above US average
$39,896
Median Income
below US average
$229,000
Median House Price
above US average
$1150.0
Average Rent
below US average
Poverty rate Data is updating, will be available soon
4.5%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $39,896.

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Income Needed to Buy

βœ— Stretch
$72k/year
Based on $229,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $72k vs median $39,896
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Income Needed to Rent

⚠ Stretch
$49k/year
Based on $1150.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $49k vs median $39,896
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Bakersville, NC

Bakersville is a charming small town nestled in the heart of Mitchell County, North Carolina. Positioned at the foot of the beautiful Appalachian Mountains, it offers stunning natural scenery, including vibrant fall foliage and picturesque mountain vistas. The town is known for its rich history and strong local arts community, particularly in pottery and crafts, thanks to its proximity to the famous Penland School of Crafts. Bakersville features a quaint downtown area with local shops, eateries, and galleries that showcase the work of local artisans. The community hosts several annual events, including an arts and crafts festival that draws visitors from surrounding regions. Outdoor enthusiasts will find ample opportunities for hiking, fishing, and exploring the nearby mountains, including the Roan Mountain State Park. Additionally, its friendly atmosphere and welcoming residents make Bakersville a lovely place to visit or call home, with a strong sense of community spirit. Whether you're an artist, nature lover, or just looking to escape the hustle and bustle, Bakersville offers a unique blend of creativity and tranquility.

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