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1591 Garland Cox Rd PROPERTY INFO
FACTS
- Built In 1966
- Price/Sqft : $93.65
CONSTRUCTION
- Beds : 0
- Floor Size : 2,065 sqft
- Baths : 0 Full
1591 Garland Cox Rd SCHOOLS
Financial Details
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TABOR CITY
Neighborhood : TABOR CITY
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 18% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,122 per month.
MY RENT : $1,122 MEDIAN RENT : $829
Household Rent Affordability
According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $1,122 would therefore be considered affordable for annual household incomes greater than $44,880 (12 months x 3.333 x $1,122).
HOUSEHOLD INCOME RANGE
Approximately 974 of households in this neighborhood have a total annual income of $44,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,122 per month.
MINIMUM INCOME RANGE : $44,880
COMMUTE TIME DISTRIBUTION
63% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.
TABOR CITY Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 9.3% |
Construction | 8.6% |
Educational Services | 7.6% |
Health Care & Social Assistance | 19.2% |
Manufacturing | 10.9% |
Retail & Wholesale Trader | 12.4% |
Other | 32.0% |
AGE DISTRIBUTION
55% of the population is between the ages of 25 and 64, 30% is 24 or younger and 15% is 65 or older.
Age | % Distribution |
---|---|
<15 | 15.9% |
15-19 | 6.2% |
20-24 | 7.5% |
25-44 | 29.4% |
45-65 | 25.9% |
66+ | 15.1% |
OCCUPATION
Occupation | % Distribution |
---|---|
Healthcare | 12.2% |
Management, Business, & Financial | 6.8% |
Natural Resources Maintenance | 15.8% |
Production & Transportation | 21.0% |
Protect | 6.8% |
Sales & Office | 24.2% |
Other | 13.1% |
HIGHEST EDUCATION LEVEL
11% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 7.4% |
High School | 39.5% |
Masters Degree | 3.4% |
Some College | 20.0% |
Some High School | 23.8% |
Other | 5.9% |
1591 Garland Cox Rd Comps
1591 Garland Cox Rd, Tabor City, NC 28463 is a single family home of 2,065 sqft. HomeUnion INVESTimateĀ® for 1591 Garland Cox Rd includes a Price Estimate of $193,388 and a Rent Estimate of $1,122. This single family home has 0 bedrooms,0 bathrooms, and was built in 1966. This property has an estimated 15 year annualized Yield of 6.96% and Total Return of 9.22%. The estimated 1 year forecast in home value for 1591 Garland Cox Rd is -1.29%.
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