Quick facts: New bern, NC

Quick Facts

100.6
Cost of Living
above US average
31,539
Population
25.52
Crime Rate per 1000
above US average
$55,673
Median Income
below US average
$348,000
Median House Price
above US average
$1771.98
Average Rent
above US average
8%
Poverty Rate
below US average
4.0%
Unemployment Rate
below 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 $55,673.

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Income Needed to Buy

βœ— Stretch
$109k/year
Based on $348,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $109k vs median $55,673
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Income Needed to Rent

⚠ Stretch
$76k/year
Based on $1771.98/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $76k vs median $55,673
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for New bern, NC

New Bern, North Carolina, is a charming coastal city located at the confluence of the Neuse and Trent Rivers. Known for its rich history and vibrant cultural scene, New Bern was established in 1710 and served as North Carolina’s first colonial capital. The downtown area features beautifully preserved historic architecture, including the Tryon Palace, which is a restored 18th-century governor's mansion and the site of many cultural events. The city offers a mix of outdoor activities and community events, with lovely parks along the waterfront and numerous walking trails. Residents and visitors can enjoy boating, fishing, and kayaking, as well as annual celebrations such as the New Bern Farmers Market and the Civil War Era Re-enactment. Arteests often display their works in the local galleries, and the city boasts a growing music and theater scene. With a moderate climate and a friendly small-town atmosphere, New Bern appeals to both retirees and families. Its unique blend of history, recreation, and community spirit makes it a delightful place to live or visit in North Carolina.

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