1031 Exchange in Hickory Lenoir Morganton MSA
The Hickory-Lenoir-Morganton Metropolitan Statistical Area represents a manufacturing-centric economy with exceptional industrial concentration (41,635 workers, 24.5% vs. 8.5% national) anchored by furniture industry heritage as "Furniture Manufacturing Capital of the World," diversified manufacturing base including CommScope $3.9B telecommunications headquarters, healthcare sector growth (22,046 workers), and Lenoir-Rhyne University $113.6 million regional impact serving 366,972 residents with stable demographics and strong property appreciation (12%) in favorable property tax environment (0.80% vs.
Population
366,972
Table of Contents
Information is for educational purposes only. Consult qualified professionals for specific advice.
Local Tax Considerations
Property taxes, transfer taxes, and local incentives
Property Tax Rates
Average Rate
N/A
Assessment Method
Assessed Value
MSA rate (N/A) vs State average (N/A)
N/A
Transfer Taxes & Fees
Transfer Tax Rate
N/A
N/A
Opportunity Zones
Number of Zones
0
Key Locations
Opportunity Zones offer significant tax benefits for long-term investments, including deferral and potential elimination of capital gains taxes.
Exchange Timeline Calculator
Plan your exchange with local market considerations
Enter the closing date of your relinquished property to calculate your 1031 exchange deadlines:
Market Profile Dashboard
Economic indicators and market trends
Population
366,972
Growth: N/A
Median Income
N/A
Unemployment
N/A
Job Growth
N/A
Economic Drivers
Market Trends
Median Home Value
$193,400
Demographics
Median Age
N/A
Bachelor's Degree+
N/A
Owner Occupied
N/A
Property Type Analysis
Investment opportunities by asset class
Multifamily
Multifamily investment opportunities - specific data not available from source material
Market Metrics
- Cap Rates: N/A
- Vacancy Trends: N/A
- Demand Forecast: N/A
Risk Factors
- Market data limited
- Further research needed
Opportunities
- Potential for rental income
- Market analysis recommended
Commercial
Commercial real estate opportunities - specific data not available from source material
Market Metrics
- Cap Rates: N/A
- Vacancy Trends: N/A
- Demand Forecast: N/A
Risk Factors
- Market data limited
- Further research needed
Opportunities
- Commercial development potential
- Market analysis recommended
Neighborhood Spotlights
Up-and-coming areas and investment hotspots
Downtown
Downtown Hickory-Lenoir-Morganton area with urban amenities and commercial opportunities
Investment Thesis
Downtown Hickory-Lenoir-Morganton offers potential for urban investment with mixed-use development opportunities
Median Price
$193,400
Price Growth
12%
Rental Yield
N/A
Days on Market
N/A
Key Highlights
Development Pipeline
Information not available from source material
Suburban Areas
Suburban areas of Hickory-Lenoir-Morganton providing residential investment opportunities
Investment Thesis
Suburban Hickory-Lenoir-Morganton areas offer residential investment potential with family-oriented communities
Median Price
N/A
Price Growth
N/A
Rental Yield
N/A
Days on Market
N/A
Key Highlights
Development Pipeline
Information not available from source material
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Frequently Asked Questions
Common questions about Hickory Lenoir Morganton 1031 exchanges
A 1031 exchange allows investors to defer capital gains taxes by reinvesting proceeds from a sold property into a like-kind property.
Hickory-Lenoir-Morganton offers unique investment opportunities. For detailed market analysis and current conditions, consult with local real estate professionals.
You have 45 days to identify replacement properties and 180 days to complete the purchase after selling your original property.