Quick facts: Thurmond, NC

Quick Facts

100.6
Cost of Living
above US average
7
Population
Crime rate Data is updating, will be available soon
$40,417
Median Income
below US average
$150,000
Median House Price
above US average
$2950.0
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 $40,417.

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Income Needed to Buy

βœ— Stretch
$47k/year
Based on $150,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $47k vs median $40,417
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Income Needed to Rent

⚠ Stretch
$126k/year
Based on $2950.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $126k vs median $40,417
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Thurmond, NC

Thurmond is a small rural community located in Alleghany County, North Carolina. Nestled in the picturesque Blue Ridge Mountains, this quaint town offers a serene atmosphere and stunning natural landscapes. The area is predominantly characterized by rolling hills, lush forests, and clear streams, making it a perfect spot for outdoor enthusiasts who enjoy activities like hiking, fishing, and camping. Thurmond is steeped in history, with roots dating back to its establishment in the late 19th century. The community is known for its close-knit feel and friendly residents. Although it has limited commercial development, nearby cities like Sparta provide additional amenities and services. The town offers a peaceful escape from the hustle and bustle of urban life, with a slower pace that many find appealing. Nature lovers will appreciate the proximity to the New River and other natural attractions, which are ideal for sightseeing and recreational activities. Overall, Thurmond represents a charming slice of rural North Carolina, where scenic beauty and tranquility are paramount.

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