15 Things To Consider When Buying A Home In Stanly County NC

Nobody will ever question why you’d want to move to Stanly County, NC, a modest community situated in North Carolina. 

Home to 61,588 inhabitants and developing, Stanly offers a great local area for occupants and guests. Whether you’re searching for a tomfoolery place for young ones to play or a place for adults to unwind, Stanly has everything from Morrow Mountain State Park to Dennis Vineyards Winery.

While compared to other counties of the same size Stanly County NC is as safe, it’s not that safe to live in Stanly. It is in the 36th percentile for safety, meaning 64% of counties are safer and 36% aren’t. The county’s violent crime rate is 3.96 per 1,000 residents yearly.

Nevertheless, Stanly County’s positive attributes make it an ideal place to live for many people. Is it the right fit for you, though?

Let’s take a look.

Is North Carolina a Good Place for Real Estate?

There’s no doubt. North Carolina's solid housing market makes it a fantastic decision for investors. Twenty to thirty-year-olds are rushing to the state’s major urban areas of Durham, Raleigh, and Charlotte.

Two North Carolina urban areas are once again positioned in the ten most sizzling U.S. housing markets for 2022. North Carolina is in demand, which says a lot about what life is like there now.

In addition, the North Carolina housing market saw a 6% increase in price from 2019 to 2020. The typical price of an NC home has now grown above $214,000 this year. Interested home buyers should ensure they can afford the cost of an NC home first.

What Is Stanly County, NC known for?

Stanly County, NC is known for its prestigious Pfeiffer University, established in 1885. This made the area’s list of notable tourist spots. Other points of interest include the City of Albemarle Antique Fire Engine, the Hall House, and the Albemarle Town Cemetery. 

The county is also known for attractions such as the Stanly County Museum, the Morrow Mountain State Park and Museum, and the Uwharrie Players theater organization. Stanly County is also rich in celebrations all year long.

The people of Stanly County have yearly occasions and celebrations like the Best of Badin Festival, Oktoberfest, the Norwood Arbor Day Festival, Beach Blast, Festival of Trees, and Downtown Albemarle Christmas.

Stanly County also produces agricultural products like corn, soybeans, wheat, cotton, rummage, steers, and other domesticated animals. Manufactured items include yarn, airplane tires, women's knitwear, mobile homes, curtains, popcorn, and circuit breakers. 

Gold has always been a significant product found in Stanly County mines. The Barringer Mine first brought subsurface gold mining to  North Carolina. These industries provide plenty of jobs and bring up the cost of living. 

Nevertheless, this means that everything Stanly County citizens need can be found locally. There’s no need to travel far to buy commodities and essentials.

15 Factors To Consider When Buying A House in Stanly County, NC

Now that you know more about Stanly County, here are the things you need to consider if you’re buying a home in this area.

1. Cost of Living 

The cost of living in Stanly County, NC is 9% higher than the national average and 4% higher than the North Carolina average. Despite this, the median household income is $48,781, which is only 1.3% lower than the national average. The cost of housing is the main reason for the high cost of living as it takes up 33.8% of the median household income.

2. Crime Rate 

The crime rate in Stanly County is 1,526 crimes per 100,000 people. This is 64% higher than the national average and 36% higher than the North Carolina average. Violent crime makes up 3.96% of all crimes committed in the county.

3. Weather 

The weather in Stanly County is mostly mild, with all four seasons being represented. The average temperature is 57.4 degrees Fahrenheit. January is the coldest month with an average temperature of 39 degrees, and July is the hottest month with an average temperature of 76 degrees.

4. Education 

There are 11 schools in Stanly County, NC. The school system is made up of 8 elementary schools, 2 middle schools, and 1 high school. The student-to-teacher ratio is 16:1, and the average class size is 20 students.

5. Job Market 

The job market in Stanly County is good, with the unemployment rate being 4.3%. This is lower than the national average of 5.2% and the North Carolina average of 5.3%. The top industries in the county are manufacturing, healthcare, and retail.

6. Transportation 

There are two main highways that run through Stanly County, NC. They are Interstate 40 and US Highway 52. There is also a regional airport located in the county.

7. Housing Market 

The housing market in Stanly County, NC is good with the median home price being $214,000. This is higher than the national average of $184,700 but lower than the North Carolina average of $236,000. The median rent price is $825 which is lower than the national average of $949.

8. Taxes 

The taxes in Stanly County, NC are higher than the national average but lower than the North Carolina average. The property tax rate is 1.13% and the sales tax rate is 7%.

9. Healthcare 

There are four hospitals in Stanly County, NC. They are Atrium Health Stanly, Carolinas HealthCare System NorthEast, Novant Health Rowan Medical Center, and Stanly Regional Medical Center.

10. Parks 

There are two state parks located in Stanly County, NC. They are Badin Lake State Recreation Area and Morrow Mountain State Park.

11. Sports 

There are two minor league baseball teams located in Stanly County, NC. They are the Kannapolis Intimidators and the Albemarle Blues.

12. Libraries 

There are three libraries located in Stanly County, NC. They are the Albemarle Public Library, Badin Public Library, and Norwood Public Library.

13. Airports 

There is one airport located in Stanly County, NC. It is the Stanly County Airport.

14. Demographics 

The population of Stanly County, NC is 61,371. The median age is 39.5 years old. 52.7% of the population is male and 47.3% of the population is female.

15. Economy 

The median household income in Stanly County, NC is $48,781. The per capita income is $24,862. The poverty rate is 15%.

Final Thoughts

Overall, Stanly is a good place for you to live because you’ll be able to enjoy the institutions there. This doesn’t only talk about the schools but also the adventures you can get from there.

If you need help with the buying process, you can always contact the best realtor in Stanly County, St. Germain Group at 704-800-6331 today.

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