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Cost of Living in Goldsboro, NC

Population 34,383 · Census ACS 2020–2024 5-year estimates

Median rent$971
Median home value$200,400
Median household income$48,540

The median rent in Goldsboro, NC is $971/month, 21% lower than the North Carolina median and 31% lower than the U.S. median. The median home value is $200,400, 40% lower than the national median. Households earn a median of $48,540 a year, 33% lower than the state median.

Affordability

Rent as a share of median income: 24.0%
Income needed for median rent (30% rule): $38,840/yr
Home price-to-income ratio: 4.1×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,013/mo

Run your own numbers: mortgage calculator · hourly to salary

Goldsboro vs. North Carolina vs. U.S.

GoldsboroNorth CarolinaU.S.
Median rent$971$1,228$1,413
Median home value$200,400$288,900$332,700
Median household income$48,540$72,388$80,734
Homeownership rate36.3%66.6%65.2%
Bachelor's degree or higher21.0%35.7%35.7%
Poverty rate22.8%13.0%12.5%
Unemployment rate8.0%4.7%5.2%
Work from home4.8%16.3%15.1%
Median age36.839.138.9

FAQ

What is the average rent in Goldsboro, NC?

The median gross rent in Goldsboro, NC is $971 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $38,840 a year in gross income.

Is Goldsboro, NC expensive to live in?

Rent there is 31% lower than the U.S. median, and the median home costs about 4.1 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

Shreveport, LARent $987 · Income $48,699Springfield, MORent $964 · Income $49,311Lebanon, PARent $992 · Income $48,456Akron, OHRent $955 · Income $48,076Wilkes-Barre, PARent $946 · Income $48,515Paris, TXRent $971 · Income $47,239

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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