This section is generated from cached city metrics and clearly labeled state-level benchmarks. It is meant to make the Glen Raven page less generic and more useful for comparing housing, income, utilities, taxes, insurance, demographics, and nearby alternatives.
Affordability Summary
Population is 3,684, so Glen Raven should be compared with similar-size places before using broader North Carolina averages. Median household income is $64,189, so the best affordability read for Glen Raven is income versus housing, taxes, utilities, and insurance together.
Median home value is $204,000, so ownership costs in Glen Raven should be checked with mortgage, property tax, insurance, and maintenance assumptions. Two-bedroom rent is $729/mo, so renters can compare Glen Raven against ownership costs and nearby rental markets.
Housing and Income Context
For Glen Raven, income sits in the middle range, making recurring bills worth watching. Home values sit in a moderate range where taxes and utilities still change the monthly math.
Use the home value, rent, and income fields together before deciding whether Glen Raven looks more favorable for renting, buying, or comparing with Gibsonville, NC.
Utility Cost Context
The residential electricity benchmark is $0.160/kWh, so Glen Raven households should treat usage, home size, heating, and cooling as the practical bill drivers. The electricity value shown for Glen Raven is a North Carolina state-level EIA benchmark, so it should not be read as a local provider tariff.
For Glen Raven, utility planning is stronger when the electric benchmark is paired with home age, square footage, insulation, HVAC equipment, and household occupancy.
Property Tax Context
Median property tax paid is $1,192, so Glen Raven buyers should still verify parcel-specific tax records before budgeting. Parcel boundaries, exemptions, school districts, and reassessment rules can move the actual bill for a Glen Raven address.
Compare the property tax field with home value rather than reading it by itself; a lower tax bill can still pair with a different assessment base or exemption profile.
Insurance and Risk Context
Insurance costs in Glen Raven depend on address-level factors such as roof condition, structure age, coverage limits, claims history, deductible choice, and carrier underwriting.
Home value, tax burden, and insurance exposure should be reviewed together for Glen Raven, especially when comparing with Gibsonville, NC.
Population and Demographics
Median age is 32.2, so Glen Raven may have different school, commute, healthcare, and housing demand patterns than a statewide average. Bachelor+ share is 18.9%, so Glen Raven education context can be useful when reading labor-market and school sections.
Unemployment is 3.7%, so Glen Raven wage and job-market context should be compared with commute options and regional employment centers.
