Quick facts: Catawba, NC

Quick Facts

100.6
Cost of Living
above US average
163,462
Population
Crime rate Data is updating, will be available soon
$62,070
Median Income
below US average
$304,515
Median House Price
above US average
$1910.0
Average Rent
above US average
Poverty rate Data is updating, will be available soon
4.1%
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 $62,070.

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Income Needed to Buy

βœ— Stretch
$96k/year
Based on $304,515 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $96k vs median $62,070
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Income Needed to Rent

⚠ Stretch
$82k/year
Based on $1910.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $82k vs median $62,070
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Catawba, NC

Catawba, North Carolina, is a charming small town located in Catawba County, nestled within the picturesque backdrop of the foothills of the Blue Ridge Mountains. With a population of just over 1,000 residents, it offers a close-knit community atmosphere, making it an ideal destination for those seeking a more tranquil lifestyle. The town is situated near the shores of Lake Norman, providing ample opportunities for outdoor activities such as boating, fishing, and hiking. Catawba is also conveniently located near larger cities like Hickory and Statesville, allowing residents to enjoy local amenities and services while maintaining the serenity of small-town living. The area features several parks and green spaces, promoting an active lifestyle and community events throughout the year. Catawba’s rich history is reflected in its historic buildings and nearby cultural attractions. Overall, Catawba is a hidden gem that offers a peaceful environment with access to nature and a tight-knit community feel.

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