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Cost of Living in Gastonia, NC

Population 82,884 · Census ACS 2020–2024 5-year estimates

Median rent$1,204
Median home value$277,600
Median household income$64,059

The median rent in Gastonia, NC is $1,204/month, about the same as the North Carolina median and 15% lower than the U.S. median. The median home value is $277,600, 17% lower than the national median. Households earn a median of $64,059 a year, 12% lower than the state median.

Affordability

Rent as a share of median income: 22.6%
Income needed for median rent (30% rule): $48,160/yr
Home price-to-income ratio: 4.3×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,404/mo

Run your own numbers: mortgage calculator · hourly to salary

Gastonia vs. North Carolina vs. U.S.

GastoniaNorth CarolinaU.S.
Median rent$1,204$1,228$1,413
Median home value$277,600$288,900$332,700
Median household income$64,059$72,388$80,734
Homeownership rate54.2%66.6%65.2%
Bachelor's degree or higher26.6%35.7%35.7%
Poverty rate16.3%13.0%12.5%
Unemployment rate5.7%4.7%5.2%
Work from home12.0%16.3%15.1%
Median age36.539.138.9

FAQ

What is the average rent in Gastonia, NC?

The median gross rent in Gastonia, NC is $1,204 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $48,160 a year in gross income.

Is Gastonia, NC expensive to live in?

Rent there is 15% lower than the U.S. median, and the median home costs about 4.3 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

Provo, UTRent $1,193 · Income $64,171Columbia, TNRent $1,197 · Income $63,719Warren, MIRent $1,225 · Income $64,016Pasadena, TXRent $1,213 · Income $64,927Kenner, LARent $1,179 · Income $64,020Seguin, TXRent $1,187 · Income $64,861

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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