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Cherryville, NC

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
53
Very Affordable
Median Home Value
$198,000
National: $426,735
Median Rent
$948/mo
National: $1,527/mo
Household Income
$58,701
National: $84,532
Population
6,154
Purchasing Power
131
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
46 / 100
100 = national average
Rent Index
62 / 100
Overall Index
53
Very Affordable

Cherryville Mortgage Calculator

Pre-filled with the local median home value of $198,000 and North Carolina's property tax rate of 0.84%.

Salary & Purchasing Power

Median household income is $58,701 31% below the national average.

What $58,701 in Cherryville Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$167,242+185%
Los Angeles, CA$188,286+221%
El Paso, TX$57,593-2%
Detroit, MI$44,303-25%

Property Tax in Cherryville, NC

Est. Annual Property Tax
$1,663
Monthly Impact
$139
Added to your mortgage
Effective Rate
0.84%
National avg: ~1.00%

North Carolina Tax Overview

Tax TypeNorth CarolinaNational Avg
Property Tax Rate0.84%1.00%
Top Income Tax Rate4.5%~5.0%
State Sales Tax6.97%~5.0%

Compare Cherryville to Another City

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Cost of Living Comparison

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Cherryville, NC
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Cherryville, NC: 46
Rent Prices
62
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR