At Derbyshire, we understand relocation decision cannot be made without a great deal of consideration. North Carolina and Texas both have outstanding qualities, including picturesque communities, mountain and city views, and wonderful employment opportunities. To learn more about lifestyle and real estate aspects in each state consider the following facets for each.
Real Estate Costs
Real estate costs fluctuate throughout each state; however, the median cost of a home in North Carolina is $134,400. In more sought after areas like Columbus, NC, Raleigh, NC and Asheville, NC real estate is priced higher. In Columbus, NC the median cost of a home is $239,000, whereas in Raleigh, NC the median cost of a home is $180,000 and in Asheville, NC the median cost of a home is $166,300.
The median price of a home in the State of Texas is $177,300. Again, you’ll find real estate costs fluctuating throughout the state. In Houston, TX, the median price of a home is $169,900, whereas the median cost of a home in San Antonio, TX the median cost of a home is $201K.
Overall Cost of Living
North Carolina has an overall cost of living rating of 96 on the Sperling’s Cost of Living index. The cost of living indices are based on a US average of 100. Below 100 means, North Carolina is cheaper than the US average. A score above means it is more expensive. Food was scored at 103, utilities at 97 and miscellaneous expenses at 100.
Texas scores an overall rating of 89 on the Sperling’s Cost of Living index. A score of 89 is given in the food category, a score of 95 in the utilities and a score of 94 in miscellaneous costs.
North Carolina is made up of three geographic regions: Coastal Plain, Piedmont Plateau and Mountains, and each has its own unique characteristics with four distinct seasons. Overall, autumn is the driest season, and summer is the wettest. Chills bottom out at around twenty degrees in the winter season while highs reach over ninety in the summer season.
Texas has three primary climate types: modified marine, mountain and continental steppe. The modified marine climate is subtropical with areas experiencing humidity, sub-humidity, semi-arid and arid. The mountain climate area is cooler with irregular precipitation patterns and the continental steppe, common in the Texas High Plains, experiences extreme temperature ranges, minimal rainfall and low humidity. On average, there are over 200 days of sunshine each year. Summer months are warm to hot with highs reaching around 95 degrees. Lows bottom out in the winter season at around 36.
Annual Property Taxes
North Carolina has one of the lowest median property tax rates in the US. The median property tax in North Carolina is $1,209 per year for a home worth the median value of $155,500. North Carolina counties collect an average of 0.78 percent of property’s estimated fair market value as property tax.
The median property tax in Teas is $2,275 per year for a home worth the median value of $125,800. Texas counties collect an average of 1.81 percent of a property’s estimated fair market value as property tax.
Culture and Recreation
North Carolina’s natural wonders are as diverse as those of any other US state. As a coastal state, North Carolina culture has been greatly influenced by the southeastern United States and early settlers from England. Warm sandy beaches line the Atlantic Ocean, forests are nearly endless, recreation and entertainment are non-stop, and pork barbecue (a tasty meal in itself) is a nationally famous cuisine from North Carolina. The state is renowned for its fishing, boating and recreational opportunities that provide an atmosphere that is grand.
The University of North Carolina system encompasses 16 public universities. The state has 58 public community colleges, as well as a number of private colleges.
Its music consists of various styles, including garage rock, hip hop, punk, folk, bluegrass and country. North Carolina is also home to professional level sports teams, including hockey, football, and basketball.
Texas State culture can be summed be described as a melting pot of “Southern