Teeter Farm Estates
Renter's Guide to Mooresville
Mooresville is a relatively small suburban city in North Carolina, best known as being the home of many NASCAR drivers and racing teams, IndyCar teams and drivers and racing technology suppliers, giving the city the moniker “Race City USA.”
The weather in Mooresville makes it a very pleasant place to live, as residents enjoy a beautiful spring and fall, with very mild winters and warm, sunny summers.
Mooresville, NC Demographics
- Total Population34,930
Female 17,742Male 17,188
- Median Age33.8
Cost of Living in Mooresville, NC
The cost of living in Mooresville is one of its greatest perks, as many people in the area work and commute to Charlotte, but are able to live in Mooresville where prices are significantly lower.
Two can eat at most area restaurants for about $45, and utilities here are also relatively inexpensive, as the average resident pays $154 for gas, water and electricity every month.
The city of Mooresville also offers public transportation, called the ICATS bus line, operated by the Iredell County Area Transportation Service, where passengers can get a oneway ticket for just $1.
Average Rent in Mooresville, NC
- Mooresville, NC Average Rental Price, November 2018$973/mo
- 1 Bedroom$880
- 2 Bedrooms$992
Mooresville, NC Apartment Rent Ranges
Mooresville, NC Rent Trends
|All rentals||Studio||1 Bed||2 Beds||3 Beds|
|Nov / 2018||$973||$625||$880||$992|
|Jan / 2018||$972||$625||$881||$991|
|Sept / 2017||$1,010||$615||$888||$1,040|
|May / 2017||$1,012||$615||$880||$1,053|
Average rent is projected to grow by 2% in 2018 compared to 2017.
Please note that projected rent growth is calculated at city level.
Average rent values on this page are aggregated from data from the following zip codes: 2811528117
Living in Mooresville, NC
One of the definite pros of living in Mooresville is the close proximity to Charlotte and the relatively low cost of living compared to other suburban areas of Charlotte. The area is also very culturally diverse, and features a wide range of shops, restaurants and entertainment options.
The only real con is that, outside of Charlotte, Mooresville is really not very close to any major cities. But many people also enjoy the peace, quiet, and limited traffic outside of the major city areas.
Things to do in Mooresville
There’s plenty to do in Mooresville, as the area has several great restaurants and bars for a night out on the town. The city has a wide variety of dining options, including fresh seafood, NC BBQ and even several fine dining spots.
For those looking for some fun in the sun or something to do in Mooresville, look no further than Lake Norman. The lake has tons of parks with fun recreational options for people of all ages, especially kids, including fishing, paddleboarding, swimming, biking and more.
Visitors can also head to the Mooresville Town Hall Lawn, where the city hosts the annual Music on Main concert series. The concerts are all free of charge, and run on the first Friday of every month from May through October.
Mooresville doesn’t have its own sports teams, but residents still have several great teams close by. Since Charlotte is just a short drive away, Mooresville residents have the option to go see the Carolina Panthers of the NFL, the Charlotte Hornets of the NBA and the Charlotte Knights—a White Sox minorleague affiliate.
And just like mentioned above, Mooresville is quite the racing city, so for those that are fans of NASCAR or even IndyCar racing, Mooresville is the perfect place.
Employment and Economy
Although the unemployment rate in Mooresville is slightly high at 5.8%, job growth has been steady and positive, growing at a rate of close to 2% each year.
The area also has several major companies nearby due to its close proximity to Charlotte, including Bank of America, Lowe’s, and Duke Energy, and a large branch of BB&T, creating lots of jobs for the area, especially in the financial and banking sectors.
Mooresville, NC Households
- Total Number of Households12,193
Family 8,567Non-family 3,626
Children 5,083No Children 7,110
- Average People Per Household2.84
- Median Household Income$63,792
- Median Housing Costs Per Month$1,131
Education in Mooresville
The city of Mooresville has good public school districts, and the area is actually known for being one of the first districts in the country to adopt a digital learning program, which gives each student a laptop computer and integrates it into classroom instruction.
There are also plenty of opportunities for Mooresville residents to pursue higher education, as the University of North Carolina at Charlotte, Queens College, Johnson C. Smith, and Johnson and Wales are all within 25 miles of the city.
Mooresville, NC Education Statistics
- No High School1%
- Some High School30%
- Some College27%
- Associate Degree11%
- Bachelor Degree23%
- Graduate Degree8%
Tips for Renting in Mooresville
Mooresville tenant regulations are governed by North Carolina state law, and are very comparable to other state and federal tenant laws.
However, North Carolina also has its own policy when it comes to eviction notice. For monthly rentals, the eviction period is seven days: for a yeartoyear rental, the minimum eviction notice is 30 days: and for mobile homes, the minimum eviction notice is 60 days.
North Carolina tenants also have the “right to repair and deduct,” meaning they can legally refuse to pay their rent if a major repair is left neglected.
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