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Cost of Living in Leland, NC

Population 29,607 · Census ACS 2020–2024 5-year estimates

Median rent$1,735
Median home value$398,900
Median household income$91,977

The median rent in Leland, NC is $1,735/month, 41% higher than the North Carolina median and 23% higher than the U.S. median. The median home value is $398,900, 20% higher than the national median. Households earn a median of $91,977 a year, 27% higher than the state median.

Affordability

Rent as a share of median income: 22.6%
Income needed for median rent (30% rule): $69,400/yr
Home price-to-income ratio: 4.3×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $2,017/mo

Run your own numbers: mortgage calculator · hourly to salary

Leland vs. North Carolina vs. U.S.

LelandNorth CarolinaU.S.
Median rent$1,735$1,228$1,413
Median home value$398,900$288,900$332,700
Median household income$91,977$72,388$80,734
Homeownership rate80.6%66.6%65.2%
Bachelor's degree or higher43.7%35.7%35.7%
Poverty rate6.1%13.0%12.5%
Unemployment rate4.7%4.7%5.2%
Work from home17.9%16.3%15.1%
Median age47.339.138.9

FAQ

What is the average rent in Leland, NC?

The median gross rent in Leland, NC is $1,735 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $69,400 a year in gross income.

Is Leland, NC expensive to live in?

Rent there is 23% higher 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

Charleston, SCRent $1,722 · Income $92,414Linden, NJRent $1,731 · Income $92,915Austin, TXRent $1,729 · Income $93,658Virginia Beach, VARent $1,714 · Income $92,968Bear, DERent $1,771 · Income $91,687Newberg, ORRent $1,713 · Income $93,232

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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