Housing costs in Balsam?
A typical home costs
$285,200, which is 15.6% less expensive than the national average of
$338,100 and 1.4% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Balsam costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 40.5% cheaper than the state average of
$1,110.
Can I afford Balsam?
To live comfortably in Balsam (zip 28707), North Carolina, a minimum annual income of
$54,720 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Balsam?
The cost of living in 28707 Balsam, NC is relatively affordable compared to other areas in the country. The median home price for the area is around $175,000, and the average rent is about $850 per month. The area also has a low unemployment rate at 3.8%, making it a great place to live and work. Property taxes are moderate, with an average rate of about 1% of assessed value. Groceries, transportation, and healthcare are all reasonably priced in Balsam as well. All in all, 28707 Balsam is an affordable place to call home!