Quick facts: Deep run, NC

Quick Facts

100.6
Cost of Living
above US average
24
Population
83.33
Crime Rate per 1000
above US average
$50,000
Median Income
below US average
$250,000
Median House Price
above US average
$1200.0
Average Rent
below US average
12%
Poverty Rate
above 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 $50,000.

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Income Needed to Buy

βœ— Stretch
$78k/year
Based on $250,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $78k vs median $50,000
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Income Needed to Rent

⚠ Stretch
$51k/year
Based on $1200.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $51k vs median $50,000
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Deep run, NC

Deep Run is a small, unincorporated community located in Lenoir County, North Carolina. Nestled in the eastern part of the state, it is primarily a rural area characterized by its agricultural backdrop. The community is approximately 15 miles southeast of Kinston, the nearest larger city, which offers additional amenities and services. Deep Run has a close-knit community feel, with local farms and fields dominate the landscape. The region enjoys a mild climate, typical of North Carolina, making it suitable for a variety of crops and outdoor activities. Residents often partake in local traditions and festivities, reflecting the rich cultural heritage of the area. For those looking to explore beyond Deep Run, Lenoir County features several attractions, including parks, historical sites, and access to the Neuse River for recreational activities. The nearby Kinston area has also gained popularity for its burgeoning food scene, breweries, and cultural events, making it an attractive destination for both residents and visitors alike.

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