Counties › North Carolina

Cost of Living in Alleghany County, NC

Population 11,174 · Census ACS 2020–2024 5-year estimates

Median rent$675
Median home value$214,800
Median household income$47,172

The median rent in Alleghany County, NC is $675/month, 45% lower than the North Carolina median and 52% lower than the U.S. median. The median home value is $214,800, 35% lower than the national median. Households earn a median of $47,172 a year, 35% lower than the state median.

Affordability

Rent as a share of median income: 17.2%
Income needed for median rent (30% rule): $27,000/yr
Home price-to-income ratio: 4.6×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,086/mo

Run your own numbers: mortgage calculator · hourly to salary

Alleghany County vs. North Carolina vs. U.S.

Alleghany CountyNorth CarolinaU.S.
Median rent$675$1,228$1,413
Median home value$214,800$288,900$332,700
Median household income$47,172$72,388$80,734
Homeownership rate74.4%66.6%65.2%
Bachelor's degree or higher23.6%35.7%35.7%
Poverty rate16.0%13.0%12.5%
Unemployment rate3.7%4.7%5.2%
Work from home10.6%16.3%15.1%
Median age52.639.138.9

FAQ

What is the average rent in Alleghany County, NC?

The median gross rent in Alleghany County, NC is $675 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $27,000 a year in gross income.

Is Alleghany County, NC expensive to live in?

Rent there is 52% lower than the U.S. median, and the median home costs about 4.6 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

Wayne County, MORent $665 · Income $47,226Dillon County, SCRent $679 · Income $46,605Pushmataha County, OKRent $667 · Income $47,940Adair County, OKRent $667 · Income $48,041Morgan County, KYRent $663 · Income $47,913Rockcastle County, KYRent $676 · Income $48,862

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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