Quick facts: Bath, NC

Quick Facts

100.6
Cost of Living
above US average
242
Population
413.22
Crime Rate per 1000
above US average
$59,688
Median Income
below US average
$129,900
Median House Price
above US average
$1712.5
Average Rent
above US average
10%
Poverty Rate
below US average
5.0%
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 $59,688.

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Income Needed to Buy

βœ“ Affordable
$41k/year
Based on $129,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($59,688) exceeds requirement
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Income Needed to Rent

⚠ Stretch
$73k/year
Based on $1712.5/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $73k vs median $59,688
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Bath, NC

Bath, North Carolina, is a charming town located in Beaufort County, known for its rich history and picturesque waterfront views along the Pamlico River. As North Carolina's oldest town, founded in 1705, Bath offers a glimpse into colonial life with its well-preserved historic sites, including the Palmer-Marsh House and the Bath Country Club. The local economy is largely driven by agriculture, fishing, and tourism, attracting visitors who appreciate its serene landscapes and historical charm. With a small population, Bath fosters a close-knit community atmosphere, ideal for outdoor activities like fishing, boating, and exploring nature. The town's proximity to the larger city of Washington, NC, provides additional amenities, while maintaining a quaint, rural feel. Bath’s annual events, such as the Bath History Day, celebrate its heritage, offering educational opportunities and festivities for both residents and visitors. The scenic beauty and historical significance make Bath a unique spot for those looking to experience the slower pace of small-town life in North Carolina.

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