Cities › North Carolina

Cost of Living in Thomasville, NC

Population 27,321 · Census ACS 2020–2024 5-year estimates

Median rent$879
Median home value$179,300
Median household income$60,935

The median rent in Thomasville, NC is $879/month, 28% lower than the North Carolina median and 38% lower than the U.S. median. The median home value is $179,300, 46% lower than the national median. Households earn a median of $60,935 a year, 16% lower than the state median.

Affordability

Rent as a share of median income: 17.3%
Income needed for median rent (30% rule): $35,160/yr
Home price-to-income ratio: 2.9×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $907/mo

Run your own numbers: mortgage calculator · hourly to salary

Thomasville vs. North Carolina vs. U.S.

ThomasvilleNorth CarolinaU.S.
Median rent$879$1,228$1,413
Median home value$179,300$288,900$332,700
Median household income$60,935$72,388$80,734
Homeownership rate62.4%66.6%65.2%
Bachelor's degree or higher15.3%35.7%35.7%
Poverty rate16.3%13.0%12.5%
Unemployment rate4.6%4.7%5.2%
Work from home9.4%16.3%15.1%
Median age38.339.138.9

FAQ

What is the average rent in Thomasville, NC?

The median gross rent in Thomasville, NC is $879 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $35,160 a year in gross income.

Is Thomasville, NC expensive to live in?

Rent there is 38% lower than the U.S. median, and the median home costs about 2.9 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

Tullahoma, TNRent $886 · Income $60,979Sidney, OHRent $869 · Income $60,668East Moline, ILRent $868 · Income $61,779Decatur, ALRent $896 · Income $61,563Elizabethtown, KYRent $909 · Income $60,760Norfolk, NERent $875 · Income $58,884

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.

Explore more

Best Web Hosting for First-Time Site Owners (2026)Best AI Writing Tools for Marketers & Solo Founders (2026)Mortgage Payment CalculatorDiscount CalculatorPlay: Tide Pool PopPlay: Orbit Dodge
Get the best finds weekly

New tools, top deals and new pages — one short email a week. No spam.