The typical owner-occupied home in Candor is worth about $164,900, 43% below the North Carolina median of $288,900 and 50% below the national median of $332,700. Owners pay a median $1,165 a year in property taxes, about 0.71% of their home's value, higher than the North Carolina rate of 0.66%. The median household earns $57,639 a year, so the median home costs 2.9 times the median income (4.0 times for North Carolina). 65% of occupied homes here are lived in by their owners, and 62% of those owners still have a mortgage.
Candor at a glance
| Candor | North Carolina | U.S. | |
|---|---|---|---|
| Median home value | $164,900 | $288,900 | $332,700 |
| Median property tax paid per year | $1,165 | $1,896 | $3,119 |
| Property tax as a share of value | 0.71% | 0.66% | 0.94% |
| Median household income | $57,639 | $72,388 | $80,734 |
| Homes lived in by their owners | 65% | 67% | 65% |
| Owner homes with a mortgage | 62% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,401 | $1,631 | $1,963 |
| Those costs as a share of the owners' income | 22.1% | 19.4% | 21.0% |
| Median rent | $1,020 | $1,228 | $1,413 |
| Rent as a share of renters' income | 46.3% | 29.5% | 30.6% |
| Median year homes were built | 1972 | 1991 | 1980 |
| Vacant homes | 11.3% | 12.5% | 10.1% |
| Population | 1,160 | 10,730,404 | 334,922,499 |
What a typical home costs per month in Candor
At this week's average 30-year rate of 7.11%, buying the median Candor home of $164,900 with 20% down costs about $1,054 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,328, 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 $45,159 for the 20%-down payment. That payment is 22% of the median Candor household income of $57,639; at that income and 20% down, the 28% guideline points to a home of about $210,000.
The median rent here is $1,020 a month, so owning the median home costs about $34 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $32,980 |
|---|---|
| Loan amount | $131,920 |
| Principal and interest | $887 |
| Property taxes (0.71% a year) | $98 |
| Homeowners insurance (our estimate, 0.5% a year) | $69 |
| PMI | $0 |
| Total per month | $1,054 |
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| Down payment | $5,772 |
|---|---|
| Loan amount | $161,913 |
| Principal and interest | $1,089 |
| Property taxes (0.71% a year) | $98 |
| Homeowners insurance (our estimate, 0.5% a year) | $69 |
| FHA mortgage insurance | $73 |
| Total per month | $1,328 |
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Questions about home buying in Candor
What is the median home value in Candor?
About $164,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Candor?
Homeowners pay a median $1,165 a year, which is about 0.71% 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 Candor?
For the median home with 20% down at 7.11%, the payment is about $1,054 a month. Keeping that under 28% of gross income takes about $45,159 a year.
More about Candor
- Mortgage Refinance in Candor
- Debt Relief in Candor
- Home Equity Loans in Candor
- 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