The typical owner-occupied home in Davidson County is worth about $219,100, 24% below the North Carolina median of $288,900 and 34% below the national median of $332,700. Owners pay a median $1,320 a year in property taxes, about 0.60% of their home's value, lower than the North Carolina rate of 0.66%. The median household earns $64,172 a year, so the median home costs 3.4 times the median income (4.0 times for North Carolina). 74% of occupied homes here are lived in by their owners, and 55% of those owners still have a mortgage.
Davidson County at a glance
| Davidson County | North Carolina | U.S. | |
|---|---|---|---|
| Median home value | $219,100 | $288,900 | $332,700 |
| Median property tax paid per year | $1,320 | $1,896 | $3,119 |
| Property tax as a share of value | 0.60% | 0.66% | 0.94% |
| Median household income | $64,172 | $72,388 | $80,734 |
| Homes lived in by their owners | 74% | 67% | 65% |
| Owner homes with a mortgage | 55% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,355 | $1,631 | $1,963 |
| Those costs as a share of the owners' income | 17.7% | 19.4% | 21.0% |
| Median rent | $901 | $1,228 | $1,413 |
| Rent as a share of renters' income | 26.8% | 29.5% | 30.6% |
| Median year homes were built | 1985 | 1991 | 1980 |
| Vacant homes | 8.6% | 12.5% | 10.1% |
| Population | 172,954 | 10,730,404 | 334,922,499 |
What a typical home costs per month in Davidson County
At this week's average 30-year rate of 7.11%, buying the median Davidson County home of $219,100 with 20% down costs about $1,380 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,745, 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 $59,141 for the 20%-down payment. That payment is 26% of the median Davidson County household income of $64,172; at that income and 20% down, the 28% guideline points to a home of about $238,000.
The median rent here is $901 a month, so owning the median home costs about $479 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $43,820 |
|---|---|
| Loan amount | $175,280 |
| Principal and interest | $1,179 |
| Property taxes (0.60% a year) | $110 |
| Homeowners insurance (our estimate, 0.5% a year) | $91 |
| PMI | $0 |
| Total per month | $1,380 |
Change the numbers in the calculator
| Down payment | $7,668 |
|---|---|
| Loan amount | $215,132 |
| Principal and interest | $1,447 |
| Property taxes (0.60% a year) | $110 |
| Homeowners insurance (our estimate, 0.5% a year) | $91 |
| FHA mortgage insurance | $97 |
| Total per month | $1,745 |
Change the numbers in the calculator
Questions about home buying in Davidson County
What is the median home value in Davidson County?
About $219,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Davidson County?
Homeowners pay a median $1,320 a year, which is about 0.60% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Davidson County?
For the median home with 20% down at 7.11%, the payment is about $1,380 a month. Keeping that under 28% of gross income takes about $59,141 a year.
More about Davidson County
- Mortgage Refinance in Davidson County
- Debt Relief in Davidson County
- Home Equity Loans in Davidson County
- 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