Quick facts: Hallsboro, NC

Quick Facts

100.6
Cost of Living
above US average
172
Population
290.7
Crime Rate per 1000
above US average
$63,478
Median Income
below US average
$200,000
Median House Price
above US average
$1603
Average Rent
above US average
15%
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 $63,478.

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Income Needed to Buy

βœ“ Affordable
$63k/year
Based on $200,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($63,478) exceeds requirement
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Income Needed to Rent

⚠ Stretch
$69k/year
Based on $1603/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $69k vs median $63,478
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Hallsboro, NC

Hallsboro, North Carolina, is a small town located in Columbus County, situated in the southeastern part of the state. Known for its rural charm, Hallsboro is characterized by its peaceful atmosphere and community-oriented lifestyle. The town is surrounded by beautiful natural landscapes, including lush forests and small streams, making it a great spot for outdoor activities like hiking, fishing, and bird-watching. Hallsboro is primarily a residential area, featuring family homes and local businesses that cater to the needs of its residents. The community has a strong sense of camaraderie, often coming together for local events and gatherings. With its proximity to larger towns like Whiteville, residents have access to additional shopping, dining, and entertainment options. The area has a rich history, reflecting the cultural heritage of North Carolina. While Hallsboro itself may not boast extensive attractions, its location allows for easy excursions to nearby natural sites and historical landmarks. Overall, Hallsboro is ideal for those looking for a quiet place to live, steeped in Southern hospitality and natural beauty.

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