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Cost of Living in Mooresville, NC

Population 52,381 · Census ACS 2020–2024 5-year estimates

Median rent$1,626
Median home value$390,900
Median household income$89,647

The median rent in Mooresville, NC is $1,626/month, 32% higher than the North Carolina median and 15% higher than the U.S. median. The median home value is $390,900, 17% higher than the national median. Households earn a median of $89,647 a year, 24% higher than the state median.

Affordability

Rent as a share of median income: 21.8%
Income needed for median rent (30% rule): $65,040/yr
Home price-to-income ratio: 4.4×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,977/mo

Run your own numbers: mortgage calculator · hourly to salary

Mooresville vs. North Carolina vs. U.S.

MooresvilleNorth CarolinaU.S.
Median rent$1,626$1,228$1,413
Median home value$390,900$288,900$332,700
Median household income$89,647$72,388$80,734
Homeownership rate58.3%66.6%65.2%
Bachelor's degree or higher45.5%35.7%35.7%
Poverty rate7.3%13.0%12.5%
Unemployment rate4.4%4.7%5.2%
Work from home19.1%16.3%15.1%
Median age35.839.138.9

FAQ

What is the average rent in Mooresville, NC?

The median gross rent in Mooresville, NC is $1,626 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $65,040 a year in gross income.

Is Mooresville, NC expensive to live in?

Rent there is 15% higher than the U.S. median, and the median home costs about 4.4 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

Magna metro township, UTRent $1,625 · Income $90,346Hempstead, NYRent $1,622 · Income $90,420Huntley, ILRent $1,622 · Income $88,536Roy, UTRent $1,624 · Income $91,282Glen Burnie, MDRent $1,648 · Income $88,280Lewisville, TXRent $1,670 · Income $89,233

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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