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Cost of Living in Garner, NC

Population 34,473 · Census ACS 2020–2024 5-year estimates

Median rent$1,549
Median home value$355,000
Median household income$78,756

The median rent in Garner, NC is $1,549/month, 26% higher than the North Carolina median and 10% higher than the U.S. median. The median home value is $355,000, 7% higher than the national median. Households earn a median of $78,756 a year, 9% higher than the state median.

Affordability

Rent as a share of median income: 23.6%
Income needed for median rent (30% rule): $61,960/yr
Home price-to-income ratio: 4.5×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,795/mo

Run your own numbers: mortgage calculator · hourly to salary

Garner vs. North Carolina vs. U.S.

GarnerNorth CarolinaU.S.
Median rent$1,549$1,228$1,413
Median home value$355,000$288,900$332,700
Median household income$78,756$72,388$80,734
Homeownership rate63.2%66.6%65.2%
Bachelor's degree or higher46.5%35.7%35.7%
Poverty rate8.4%13.0%12.5%
Unemployment rate6.2%4.7%5.2%
Work from home24.0%16.3%15.1%
Median age37.739.138.9

FAQ

What is the average rent in Garner, NC?

The median gross rent in Garner, NC is $1,549 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Garner, NC?

Using the common 30% rule, renting a median-priced home takes about $61,960 a year in gross income.

Is Garner, NC expensive to live in?

Rent there is 10% higher than the U.S. median, and the median home costs about 4.5 times the median household income.

Other cities in North Carolina

Charlotte, NCRent $1,612 · Income $82,068Raleigh, NCRent $1,572 · Income $85,395Greensboro, NCRent $1,172 · Income $61,515Durham, NCRent $1,508 · Income $81,619Winston-Salem, NCRent $1,087 · Income $59,268Fayetteville, NCRent $1,250 · Income $58,407

Cities with a similar cost of living

Parkville, MDRent $1,526 · Income $79,178Douglasville, GARent $1,582 · Income $79,107Portland, MERent $1,577 · Income $79,540Reno, NVRent $1,556 · Income $80,760St. George, UTRent $1,545 · Income $76,508Stockton, CARent $1,577 · Income $79,907

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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