Quick facts: South mills, NC

Quick Facts

100.6
Cost of Living
above US average
627
Population
Crime rate Data is updating, will be available soon
$47,824
Median Income
below US average
$379,990
Median House Price
above US average
$2494.67
Average Rent
above US average
Poverty rate Data is updating, will be available soon
Unemployment Data is updating, will be available soon

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 $47,824.

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Income Needed to Buy

βœ— Stretch
$119k/year
Based on $379,990 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $119k vs median $47,824
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Income Needed to Rent

⚠ Stretch
$107k/year
Based on $2494.67/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $107k vs median $47,824
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for South mills, NC

South Mills, North Carolina, is a quaint, small town nestled in Camden County, near the North Carolina-Virginia border. With a rich history dating back to the 18th century, South Mills offers a glimpse into the past with its charming architecture and friendly community atmosphere. The town is primarily rural, surrounded by lush forests and waterways, making it ideal for outdoor enthusiasts who enjoy activities like fishing, hiking, and birdwatching. One of the main attractions in South Mills is the Great Dismal Swamp National Wildlife Refuge, a vast expanse of wetland that provides habitat for diverse wildlife and opportunities for recreation. The town also boasts a few historical sites, reflecting its heritage and significance in the region. South Mills is conveniently located near the larger town of Elizabeth City, which offers more dining, shopping, and entertainment options. With a close-knit community and serene surroundings, South Mills is a perfect place for those seeking a slower pace of life while still having access to nearby urban amenities. Whether you're passing through or looking to settle down, South Mills exudes Southern charm and hospitality.

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