Knightdale in Top 10 Most Affordable Places to Live in NC

Published by John on August 22, 2019 Under Foo

I’ve been in Knightdale for around 10 years now and while some things, like Paul’s Grocery, are almost just like they were when I first moved(other than getting a new brand of gas), there are a lot of things that have changed in that time too. One of the biggest changes has been the work they’ve done on Knightdale Station Park, which has a great kids playground, place to bring your dog, pool, walking trails, and some other cool amenities. Recently, a study found that Knightdale is also one of the ten most affordable places to live in North Carolina!

Nashville, NC, which is about 45 minutes from Raleigh, is the next closest area to the Triangle and was ranked at number 10 this year.

The study placed Knightdale at number 7 in the list, with an average annual mortgage rate of $8,140, or about $678 a month, with a median income of $70,540. This isn’t the first time and since at least 2015, Knightdale has been in the top 10 of most affordable places in the state. When you compare this with the convenience that Knightdale offers to many areas of the triangle, like being about 15 – 20 minutes from Raleigh, Cary, Clayton, and Garner, as well as close to Zebulon and Wendell, it ends up offering a very nice value and ends up being a great plcae to live.

Wake County as a whole is higher, with a average mortgage rate of $11,555, so around $962, but the median income is only a couple thousand more at $73,577. Durham county is actually pretty close to Knightdale, at around $9,000 per year, but the median income is considerably lower at $56,363. Orange county, on the other hand, is considerably higher with an annual mortage rate of $13,044 and a median income of about $65,552.

So, not only do you end up with a very convenient place to live, but it is also very affordable.

I think the only thing we are really missing is a Cookout and it would be pretty close to the perfect place to live in the Triangle!

No Comments |