Quick facts: Linville, NC

Quick Facts

100.6
Cost of Living
above US average
1,779
Population
Crime rate Data is updating, will be available soon
$98,415
Median Income
above US average
$489,000
Median House Price
above US average
$1603
Average Rent
above US average
9%
Poverty Rate
below US average
4.2%
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 $98,415.

🏠

Income Needed to Buy

βœ— Stretch
$153k/year
Based on $489,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $153k vs median $98,415
🏒

Income Needed to Rent

βœ“ Affordable
$69k/year
Based on $1603/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($98,415) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Linville, NC

Linville, North Carolina, is a picturesque town nestled in the scenic Blue Ridge Mountains. Known for its stunning natural beauty, Linville offers breathtaking views, lush forests, and easy access to outdoor activities. The area is famous for attractions like Linville Falls and Linville Gorge, which provide opportunities for hiking, rock climbing, and photography. The town is small but charming, with a friendly community vibe and a range of local shops and eateries. Visitors often enjoy exploring the nearby Linville Caverns, where they can witness fascinating geological formations. In addition to its natural wonders, Linville is close to the popular ski resort, Sugar Mountain, making it a year-round destination for nature lovers and adventure seekers. With its elevation typically around 3,000 feet, Linville boasts cooler temperatures in summer and picturesque snowfall in winter. The town serves as an ideal base for exploring the broader High Country region of North Carolina, making it a perfect getaway for those seeking tranquility and scenic splendor amidst mountain landscapes.

πŸ” Search & Compare Places

First Location πŸ“