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Faith, NC
Full City Profile · North Carolina · Rowan County County
3.7
/5.0
B+
Good
1,090
Population
1,038/sq mi density
$128,274
Median Income
$52,971 per capita
$249,800
Home Value
$284,919 Zillow
$927
Median Rent
35.8% income on rent
59°F
Avg Temperature
310 sunny days/yr
47
Violent Crime/100K
2,841 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$128,274 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$249,800 home value, $927/mo rent
F
Safety
1.0 / 5.0
47 violent crimes/100K
B+
Education
3.6 / 5.0
32.9% bachelor's degree or higher
Housing Overview
Median Home Value
$249,800
11% below
US avg: $281,900
Median Rent
$927/mo
20% below
US avg: $1,163/mo
Homeownership Rate
90.5%
38% above US avg (65.4%)
Total Housing Units
470
Median year built: 1996
Home Value by Source
Census Median
$249,800
Zillow (ZHVI)
$284,919
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
90.5%
Owner-Occupied
9.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent:
$927/mo
Affordability & Housing Stock
Rent Burden
35.8%
of renters spending 30%+ of income on housing
15% above US avg (31.0%)
Median Year Built
1996
Average age of housing stock: 30 years
Homeownership Rate
90.5%
Complete Housing Data
Home Values
| Census Median Value | $249,800 |
| Zillow Home Value (ZHVI) | $284,919 |
Rent
| Census Median Rent | $927 |
| FMR Studio | $932 |
| FMR 1-Bedroom | $981 |
| FMR 2-Bedroom | $1,161 |
| FMR 3-Bedroom | $1,499 |
| FMR 4-Bedroom | $1,780 |
Market
Ownership & Stock
| Owner-Occupied | 90.5% |
| Renter-Occupied | 9.5% |
| Homeownership Rate | 90.5% |
| Total Housing Units | 470 |
| Median Year Built | 1996 |
| Rent Burden | 35.8% |