Quick facts: Piney creek, NC

Quick Facts

100.6
Cost of Living
above US average
777
Population
6.44
Crime Rate per 1000
below US average
$44,583
Median Income
below US average
$49,900
Median House Price
above US average
$1603
Average Rent
above US average
10%
Poverty Rate
below 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 $44,583.

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Income Needed to Buy

βœ“ Affordable
$16k/year
Based on $49,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($44,583) 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 $44,583
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Piney creek, NC

Piney Creek is a quaint, unincorporated community located in Alleghany County, North Carolina. Nestled in the scenic Blue Ridge Mountains, it is known for its picturesque landscapes, rolling hills, and outdoor recreational opportunities. The area is characterized by its rural charm, with opportunities for hiking, fishing, and exploring nature. Piney Creek is also situated close to the New River, which offers excellent kayaking and canoeing. The community emphasizes a laid-back lifestyle, with a close-knit atmosphere that reflects Southern hospitality. Nearby attractions include the Appalachian Mountains, providing ample opportunities for hiking enthusiasts with trails that cater to various skill levels. The region is rich in wildlife, making it a great spot for birdwatching and photography. While Piney Creek itself is small and lacks many urban amenities, residents and visitors can find local shops, eateries, and services in nearby towns. The area is perfect for those seeking a peaceful retreat surrounded by natural beauty. Overall, Piney Creek is a hidden gem in North Carolina’s lush landscape.

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