The typical owner-occupied home in Bennett is worth about $149,700, 48% below the North Carolina median of $288,900 and 55% below the national median of $332,700. 100% of occupied homes here are lived in by their owners, and 62% of those owners still have a mortgage.
Bennett at a glance
| Bennett | North Carolina | U.S. | |
|---|---|---|---|
| Median home value | $149,700 | $288,900 | $332,700 |
| Median property tax paid per year | – | $1,896 | $3,119 |
| Median household income | – | $72,388 | $80,734 |
| Homes lived in by their owners | 100% | 67% | 65% |
| Owner homes with a mortgage | 62% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,372 | $1,631 | $1,963 |
| Those costs as a share of the owners' income | 23.9% | 19.4% | 21.0% |
| Median rent | – | $1,228 | $1,413 |
| Median year homes were built | 1938 | 1991 | 1980 |
| Vacant homes | 0.0% | 12.5% | 10.1% |
| Population | 262 | 10,730,404 | 334,922,499 |
What a typical home costs per month in Bennett
At this week's average 30-year rate of 7.11%, buying the median Bennett home of $149,700 with 20% down costs about $1,005 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,255, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $43,081 for the 20%-down payment.
| Down payment | $29,940 |
|---|---|
| Loan amount | $119,760 |
| Principal and interest | $806 |
| Property taxes (1.10% a year) | $137 |
| Homeowners insurance (our estimate, 0.5% a year) | $62 |
| PMI | $0 |
| Total per month | $1,005 |
Change the numbers in the calculator
| Down payment | $5,240 |
|---|---|
| Loan amount | $146,989 |
| Principal and interest | $989 |
| Property taxes (1.10% a year) | $137 |
| Homeowners insurance (our estimate, 0.5% a year) | $62 |
| FHA mortgage insurance | $66 |
| Total per month | $1,255 |
Change the numbers in the calculator
Questions about home buying in Bennett
What is the median home value in Bennett?
About $149,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Bennett?
For the median home with 20% down at 7.11%, the payment is about $1,005 a month. Keeping that under 28% of gross income takes about $43,081 a year.
More about Bennett
- Mortgage Refinance in Bennett
- Debt Relief in Bennett
- Home Equity Loans in Bennett
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data