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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Mint Hill, NC Housing Affordability Index

Mint Hill, North Carolina has an MBR Housing Affordability Index score of 99.3 (Near National Average) as of October 30, 2026, ranking 446th most affordable of 587 scored North Carolina cities, compared with 104.6 statewide and 97.4 nationally. On a median-priced $428,900 home with 20% down, the North Carolina average 30-year fixed rate of 7.26% means a monthly principal and interest payment of about $2,343, or 28% of the city’s $100,860 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Mint Hill is updated every night from live North Carolina mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Mint Hill MBR-HAI 99.3 Near National Average
Rank in North Carolina 446 of 587 1 = most affordable
North Carolina 104.6 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.26% North Carolina lenders
Median home value $428,900 U.S. Census Bureau

Mint Hill is 5.3 points below the North Carolina score. Scores as of October 30, 2026. See the North Carolina index

View Mint Hill Mortgage Rates

What It Takes to Buy in Mint Hill

$2,343/mo
Principal & Interest
Median home, 20% down, 7.26%
$100,400
Income Needed
To keep the payment at 28% of income
$100,860
Median Household Income
North Carolina: $72,388
4.3x
Price-to-Income Ratio
North Carolina: 4.0x
$1,580/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$2,870/yr
Median Property Tax
0.67% of median value
23.8%
Owner Cost Burden
Owners spending 30%+ of income on housing
35.4%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Mint Hill, North Carolina. The rate is the North Carolina average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the Mint Hill Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Mint Hill, North Carolina score: 99.3 (Near National Average), ranked 446 of 587 North Carolina cities. monitorbankrates.com/housing-affordability-index/north-carolina/mint-hill”