Living in Nebo, North Carolina

Cost of living, income, home prices, rent and demographics of Nebo · Census data 2020–2024

Nebo has 1,670 residents with a median age of 52.3. The median household income is $50,139 (31% lower than the North Carolina median), the median home value is $129,800, the median rent is $1,087/month.

Nebo at a glance

Population
1,670
Median age
52.3State: 39.1
Median household income
$50,139State: $72,388
Median home value
$129,800State: $288,900
Median rent
$1,087/moState: $1,228
Homeowners
74.9%
Bachelor's degree or higher
6.8%
Average commute
27 min

Is Nebo a good place to live?

Pros: Home values 55% lower than the state median; unemployment of 0%.

Cons: Median household income 31% lower than the North Carolina median; an average commute of 27 minutes; a poverty rate of 16.9%.

The weather is best in April–May and September–October.

Cost of living in Nebo

Housing is the biggest part of the cost of living. In Nebo the median home value is $129,800, 61% lower than the U.S. median. Renters pay a median of $1,087 per month, which is 34.2% of household income. Homeowners with a mortgage pay $770 a month in housing costs.

Median home value

Nebo$129,800
North Carolina$288,900
United States$332,700

Median monthly rent

Nebo$1,087
North Carolina$1,228
United States$1,413

Nebo median household income

The median household income in Nebo is $50,139 and the income per person is $24,011. 16.9% of residents live below the poverty line (North Carolina: 13%).

Median household income

Nebo$50,139
North Carolina$72,388
United States$80,734

Housing in Nebo: homes for sale and rent

Housing units
804
Owner-occupied
74.9%
Renter-occupied
25.1%
Vacant
5.8%Includes seasonal homes
Median year built
1989
Average household size
2.17

Nebo demographics

Population
1,670
Median age
52.3
Under 18
13.9%
65 and older
19.2%
Households
757
Foreign-born
1%
Veterans
14.3%Adults 18+

Race and ethnicity

White94.2%
Hispanic or Latino0.5%
Black0.8%
Asian2%

Hispanic or Latino can be of any race. Population history of Nebo ›

Education in Nebo

6.8% of adults 25 and older in Nebo have a bachelor's degree or higher (North Carolina: 35.7%), and 3.5% have a graduate or professional degree.

Bachelor's degree or higher

Nebo6.8%
North Carolina35.7%
United States35.7%

Jobs and commute in Nebo

Unemployment rate
0%State: 4.7%
Average commute
27 minState: 25 min
Work from home
1.8%
Drive alone
93.9%
Public transit
0%
Walk to work
4.3%
Homes with broadband
79.9%

Nebo vs nearby towns

TownPopulationMedian incomeHome valueRent
Nebo1,670$50,139$129,800$1,087
Marion7,579$51,314$163,500$762
West Marion1,066$36,715$161,600$866
Glen Alpine1,991$69,697$172,800$871
Glenwood226$120,694——
Salem2,377$68,988$159,100$856
Morganton17,646$51,355$221,700$944
Old Fort555$47,500$135,900$818
Spruce Pine2,398$42,098$207,500$837

More for people moving to Nebo

Nebo ZIP code ›Weather and climate ›

Living in Nebo: FAQ

What is the median household income in Nebo, NC?

The median household income in Nebo is $50,139, 31% lower than the North Carolina median of $72,388 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Nebo?

The median home value in Nebo is $129,800, compared with $288,900 in North Carolina.

How much is rent in Nebo?

The median gross rent in Nebo is $1,087 per month, about 34.2% of household income.

Is Nebo, NC a good place to live?

Pluses: home values 55% lower than the state median; unemployment of 0%. Minuses: median household income 31% lower than the North Carolina median; an average commute of 27 minutes; a poverty rate of 16.9%.

What is the median age in Nebo?

The median age in Nebo is 52.3 years (North Carolina: 39.1).

How long is the commute in Nebo?

The average commute to work in Nebo is 27 minutes; 1.8% of workers work from home.

What is the unemployment rate in Nebo?

The unemployment rate in Nebo is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Nebo?

6.8% of adults in Nebo have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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