Area Insights of 28655, Morganton, NC

Stay ahead with market trends and local insights that matter.

Demand Insights

The market shows moderate activity with a price ratio of 3%, reflecting steady buyer interest. A total of 497 homes were sold with 100 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

28655, Morganton, NC

Date

05-23-2023

Price Ratio

97%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

Silvercreek Adventist School

KG to 8

Morganton Day School

PK to 8

Middle School

Table Rock Middle School

6 to 8

Ratings

D

Liberty Middle School

6 to 8

Ratings

A

Walter Johnson Middle School

6 to 8

Ratings

C+

High School

Burke Middle College

11 to 12

Ratings

A+

Robert L. Patton High School

9 to 12

Ratings

A-

Freedom High School

9 to 12

Ratings

C

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Population dynamics, income levels, and employment patterns are key indicators of real estate demand and future growth. Use these insights to make well-informed decisions.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population decrease of 1% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (56,517)
28,405 Male
28,112 Female
Education
29% High School
14% Associate
13% Bachelor
8% Graduate
Age

Average Age is 44 Years

Household Details

The area's household landscape is diverse, with 75% owner-occupied homes and 25% renter-occupied properties. Family households represent 65% of the population, indicating a strong community focus on family living. The average home value stands at $308,338, which suggests ample demand for multi-bedroom properties.

Total Households
23,089
Average home value
$308,338
Owned
75%
Rented
25%
Vacant
10%
Families
65%
Married
47%
With children
24%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 3% Asian, 8% Black, and 2% Native residents, alongside 75% White and 11% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 18% of households earning over $100,000 annually, while 31% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
1%
Healthcare
17%
Professional
4%
Education
8%
Services
21%
Labor
29%
Retail
12%
Other
8%
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