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City · 27,321 residents · Davidson County, North Carolina

Thomasville , North Carolina

In Thomasville, a typical home is worth $179,300 and typical rent is $879 a month. Compared with all of Davidson County, the typical home value is 18% lower, typical household income is 5% lower, and the share of households that own their home is 12 points lower.

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  • Typical home value

    $179,300

    18% below the county

    38% below North Carolina

    • Thomasville
    • Davidson
    • North Carolina

  • Typical rent

    $879a month

    2% below the county

    28% below North Carolina

    • Thomasville
    • Davidson
    • North Carolina

  • Typical household income

    $60,935a year

    5% below the county

    16% below North Carolina

    • Thomasville
    • Davidson
    • North Carolina

  • Households that own their home

    62%

    12 points below the county

    4 points below North Carolina

    • Thomasville
    • Davidson
    • North Carolina

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$235,165
2% more than 12 months ago
Typical rent
$1,314 a month
3.6% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Thomasville is in Davidson County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Davidson County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Thomasville apart

What this place has that others do not, from public data, most unusual first.

  1. 62% of households in Thomasville own their home, against 74% in Davidson County.

  2. The typical home in Thomasville is worth $179,300, 18% less than in Davidson County as a whole ($219,100).

  3. Thomasville has the 10th smallest share of rent-burdened renters of the 136 cities in North Carolina with more than 5,000 people (38%).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Thomasville

What homes there are in Thomasville, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

In Thomasville, 7 in 10 homes are single-family detached houses, about the same as in Davidson County.

Year built

In Thomasville, half of the homes were built before 1983; in Davidson County, before 1985.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

The FHA limit for Davidson County is high ($541,287): at least 97% of owner-occupied homes in Thomasville are worth less than $500,000.

Monthly rent with utilities

With a mortgage

$1,160 a month

Davidson County: $1,355 a month

Without a mortgage

$415 a month

Davidson County: $408 a month

Owners with a mortgage

65%

Davidson County: 55%

The typical cost for an owner with a mortgage in Thomasville is $1,160 a month, less than in Davidson County ($1,355); without one, $415.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, home values in Thomasville rose at about the same pace as in Davidson County: 54% against 54%.

The typical rent in Thomasville rose 27% since 2015–2019, about the same as in Davidson County (25%).

To compare: typical income in Thomasville rose 50%; the home, +54%; the rent, +27%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureThomasvilleDavidson CountyNorth CarolinaUnited States
Rental vacancy Unreliable estimate3.7%7.1%5.5%
Homeowner vacancy Unreliable estimate1.0%1.3%0.9%
More than one person per room Unreliable estimate1.7%2.2%3.4%
People per household 2.392.452.442.53
Drive alone 79%79%72%69%
Carpool 11%9%9%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike Unreliable estimate1%2%3%
Work from home 9%10%16%15%
Other means Unreliable estimate1%1%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

By size, households in Thomasville look like those in Davidson County: 2.39 people on average.

To get to work, 79% of workers in Thomasville drive alone; in Davidson County, 79%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Thomasville?

A typical home is tight for the typical income

We start with a typical home in Thomasville, worth $179,300, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 29% of the typical household income in Thomasville, which is $60,935 a year. For that payment to be 28% of income, a household would need to earn about $62,901 a year.

The calculator's FHA and conventional loan limits are those of all of Davidson County.

Your numbers

Local data
$

Starts at the typical home value in Thomasville. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $6,276 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$1,468

at 7.18% · 30 years

Loan amount
$176,052
Total interest
$253,297
Paid off in
November 2056

Includes $3,028 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,422 a month

  • Tight

    $1,422 to $1,828 a month

    Your payment · 29%

  • Hard

    more than $1,828 a month

Compared with the typical household income in Thomasville ($60,935 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,468
Principal & interest$1,193
Property tax$121
Home insurance$75
FHA mortgage insurance (MIP)$79

You need at least $6,276 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Thomasville and Davidson County

Thomasville is in Davidson County, North Carolina. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Thomasville's own numbers

Typical home value
$179,300
Typical monthly rent
$879
Typical yearly household income
$60,935
Households that own their home
62%
Effective property tax rate
0.81%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Davidson County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,087
Price change over 5 years (FHFA)
+68%
Homes in a high flood-risk zone
0.5%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Davidson County.

Everything about Davidson County

Buying

Buying a home in Thomasville

A typical home in Thomasville is worth $179,300: 18% below the county and 38% below North Carolina. With the typical household income in Thomasville ($60,935 a year), a typical home costs 2.9 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Thomasville 2.9 years
  • Davidson 3.4 years
  • North Carolina 4.0 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Davidson County

According to FHFA’s house price index, home prices in Davidson County rose 105% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Davidson County.

Period County North Carolina U.S.
Last year (2025) +4.4% +2.5% +2.9%
5 years (2020–2025) +68% +60% +47%
10 years (2015–2025) +105% +107% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Thomasville next to Davidson County, North Carolina and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Thomasville $179,300
  • Davidson $219,100
  • North Carolina $288,900
  • United States $332,700
Typical monthly rent
  • Thomasville $879
  • Davidson $901
  • North Carolina $1,228
  • United States $1,413
Typical yearly household income
  • Thomasville $60,935
  • Davidson $64,172
  • North Carolina $72,388
  • United States $80,734
See the full table
Thomasville next to Davidson County and North Carolina
Measure Thomasville Davidson County North Carolina U.S.
Typical home value $179,300 $219,100 $288,900 $332,700
Typical monthly rent $879 $901 $1,228 $1,413
Typical yearly household income $60,935 $64,172 $72,388 $80,734
Households that own their home 62% 74% 67% 65%
Typical yearly property tax $1,446 $1,320 $1,896 $3,119
Effective property tax rate 0.81% 0.6% 0.66% 0.94%
Renters with high rent for their income 38% 42% 49% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Davidson County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Thomasville

For a typical $179,300 home in Thomasville, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Thomasville's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,468a month

    Least cash to close
    Down payment
    $6,276
    Cash to close
    $11,655
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $79

  • Conventional, 5% down $1,435a month

    Down payment
    $8,965
    Cash to close
    $14,344
    Rate
    7.18%
    Mortgage insurance
    PMI · $85

  • Conventional, 20% down, no PMI $1,167a month

    Down payment
    $35,860
    Cash to close
    $41,239
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,333a month

    Down payment
    $26,895
    Cash to close
    $32,274
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Thomasville and for Davidson County.

Property tax

Effective rate in Thomasville

0.81%of the home’s value each year

$1,446 a year for the typical owner in Thomasville.

  • Thomasville 0.81%
  • Davidson 0.6%
  • North Carolina 0.66%

What North Carolina publishes Elderly or Disabled Homestead Exclusion (North Carolina General Assembly (statute))

Exemptions and deadlines in North Carolina

Flood risk in Davidson County

FEMA does not publish these numbers by city: they are for all of Davidson County.

Homes in the high-risk zone
0.5%
377
Of those, with NFIP insurance
33%
County North Carolina U.S.
Homes in the high-risk zone 0.5% 2.8% 3.5%
Of those, with NFIP insurance 33% 53% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Thomasville

Typical rent in Thomasville is $879 a month: 2% below the county. In Thomasville, 38% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Davidson County, by unit size. To pay the 2-bedroom one ($1,087 a month) without spending more than 30% of your income, you would need to earn $20.90 an hour working full time.

HUD fair market rent for all of Davidson County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $959 $18.44 $38,360
1 bedroom $999 $19.21 $39,960
2 bedrooms $1,087 $20.90 $43,480
3 bedrooms $1,505 $28.94 $60,200
4 bedrooms $1,817 $34.94 $72,680

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Thomasville

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Thomasville is in ZIP code 27360.

For 2 bedrooms it is $1,070: $17 less than the fair market rent for Davidson County ($1,087).

  • 27360 $1,070$1,470

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Thomasville when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Thomasville

HUD lists 7 buildings with rents for lower incomes in Thomasville. These are the largest.

  • Big Chair Lofts 14 E Guilford St, Thomasville 27360 139 low-income homes · 1 bd: 47 · 2 bd: 92 · For families
  • James Avenue 301 James Ave, Thomasville 27360 135 low-income homes · Run by Thomasville Housing Authority · Average payment: $296 a month · Average wait: 6 months (336) 475-6137
  • Liberty Arms 1006 Liberty Arms Ct, Thomasville 27360 126 homes, 124 low-income · Run by Thomasville Housing Authority · Average payment: $399 a month · Average wait: 9 months (336) 475-6137
  • Thomasville Church Homes 904A Doak St, Thomasville 27360 100 low-income homes · For families (336) 475-2817
  • Kingston Ridge Apts 329 Old Lexington Rd, Thomasville 27360 60 low-income homes · 1 bd: 8 · 2 bd: 36 · 3 bd: 16 · In service since 2001 · For families

See all 26 buildings in Davidson County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Thomasville

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 2 HUD-approved agencies with an office in Davidson County; none says it serves in Spanish.

An older woman smiles in front of her apartment building.

HUD counseling is free or low-cost

Assistance programs in Thomasville

No down payment, repair or rent-help program on our list is for Thomasville or Davidson County. The ones below are statewide in North Carolina: they work in Thomasville the same as in the rest of the state.

Which programs do I qualify for? All programs in North Carolina

  • NC Home Advantage Mortgage

    Statewide in North Carolina

    NCHFA fixed-rate mortgage with down payment assistance, for first-time buyers and for people who have owned a home before, in North Carolina. Offered by North Carolina Housing Finance Agency (NCHFA).

    Forgivable

    See the program Official page

  • NC 1st Home Advantage Down Payment

    Statewide in North Carolina

    A fixed amount of NCHFA down payment assistance for first-time buyers and veterans in North Carolina. Offered by North Carolina Housing Finance Agency (NCHFA).

    Type not stated

    See the program Official page

  • Community Partners Loan Pool (CPLP)

    Statewide in North Carolina

    NCHFA interest-free loan with deferred payments of up to 25% of the price (maximum $50,000) for the down payment of low- and moderate-income buyers in North Carolina; you apply through a member organization. Offered by North Carolina Housing Finance Agency (NCHFA).

    Deferred

    See the program Official page

Housing counselors near Thomasville

The HUD-approved agencies closest to the center of Thomasville, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Housing Authority of the City of High Point

    500 E Russell Ave, High Point · 7 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 7 more
    (336) 887-2661

  • CCCS of Greater Greensboro

    1401 Long Street, High Point · 7 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 7 more
    (336) 889-6108

  • CCCS of Greater Greensboro

    21 W. 2nd Street, Lexington · 10 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 7 more
    (336) 373-8882

Every agency in Davidson County All counseling agencies in North Carolina

Help in Spanish near Thomasville

None of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Thomasville

HUD’s record names them for Thomasville or Davidson County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Thomasville Housing Authority Public housing and Section 8 vouchers (336) 475-6137

One other authority has an office in Davidson County: see the list Source: HUD

Cities

Other cities in Davidson County

These cities are also in Davidson County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Davidson County Housing in North Carolina

Nearby cities

The cities closest to Thomasville, with the typical home value.

Neighboring counties

If Davidson County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Thomasville.

All guides
A smiling girl holds up a small mushroom she found on a forest outing.

Questions

Housing questions about Thomasville

Short answers with the numbers for Thomasville and all of Davidson County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Thomasville?

The typical home value in Thomasville is $179,300, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Davidson County it is $219,100.

How much does it cost to rent in Thomasville?

Typical rent in Thomasville is $879 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Davidson County is $1,087.

What is the FHA loan limit in Thomasville?

Thomasville uses the FHA limit for all of Davidson County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Thomasville?

The typical homeowner in Thomasville pays $1,446 a year, according to the U.S. Census Bureau. That is 0.81% of the home’s value; in Davidson County, the rate is 0.6%.

Where can I find free help to buy or rent in Thomasville?

There are 2 HUD-approved counseling agencies with an office in Davidson County. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).