Counties › North Carolina

Cost of Living in Alexander County, NC

Population 36,412 · Census ACS 2020–2024 5-year estimates

Median rent$764
Median home value$211,800
Median household income$65,354

The median rent in Alexander County, NC is $764/month, 38% lower than the North Carolina median and 46% lower than the U.S. median. The median home value is $211,800, 36% lower than the national median. Households earn a median of $65,354 a year, 10% lower than the state median.

Affordability

Rent as a share of median income: 14.0%
Income needed for median rent (30% rule): $30,560/yr
Home price-to-income ratio: 3.2×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,071/mo

Run your own numbers: mortgage calculator · hourly to salary

Alexander County vs. North Carolina vs. U.S.

Alexander CountyNorth CarolinaU.S.
Median rent$764$1,228$1,413
Median home value$211,800$288,900$332,700
Median household income$65,354$72,388$80,734
Homeownership rate80.7%66.6%65.2%
Bachelor's degree or higher16.7%35.7%35.7%
Poverty rate12.6%13.0%12.5%
Unemployment rate5.0%4.7%5.2%
Work from home6.1%16.3%15.1%
Median age43.839.138.9

FAQ

What is the average rent in Alexander County, NC?

The median gross rent in Alexander County, NC is $764 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $30,560 a year in gross income.

Is Alexander County, NC expensive to live in?

Rent there is 46% lower than the U.S. median, and the median home costs about 3.2 times the median household income.

Other counties in North Carolina

Wake County, NCRent $1,623 · Income $105,768Mecklenburg County, NCRent $1,627 · Income $87,005Guilford County, NCRent $1,163 · Income $68,642Forsyth County, NCRent $1,098 · Income $67,165Cumberland County, NCRent $1,222 · Income $61,291Durham County, NCRent $1,508 · Income $82,316

Counties with a similar cost of living

Massac County, ILRent $756 · Income $65,116Morgan County, TNRent $770 · Income $65,954Harrison County, KYRent $765 · Income $66,442Ralls County, MORent $749 · Income $65,388Wabash County, INRent $762 · Income $66,806Juniata County, PARent $756 · Income $66,318

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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