Counties › North Carolina

Cost of Living in Cleveland County, NC

Population 100,991 · Census ACS 2020–2024 5-year estimates

Median rent$914
Median home value$200,000
Median household income$58,534

The median rent in Cleveland County, NC is $914/month, 26% lower than the North Carolina median and 35% lower than the U.S. median. The median home value is $200,000, 40% lower than the national median. Households earn a median of $58,534 a year, 19% lower than the state median.

Affordability

Rent as a share of median income: 18.7%
Income needed for median rent (30% rule): $36,560/yr
Home price-to-income ratio: 3.4×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,011/mo

Run your own numbers: mortgage calculator · hourly to salary

Cleveland County vs. North Carolina vs. U.S.

Cleveland CountyNorth CarolinaU.S.
Median rent$914$1,228$1,413
Median home value$200,000$288,900$332,700
Median household income$58,534$72,388$80,734
Homeownership rate70.9%66.6%65.2%
Bachelor's degree or higher22.0%35.7%35.7%
Poverty rate16.6%13.0%12.5%
Unemployment rate5.2%4.7%5.2%
Work from home6.8%16.3%15.1%
Median age41.339.138.9

FAQ

What is the average rent in Cleveland County, NC?

The median gross rent in Cleveland County, NC is $914 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $36,560 a year in gross income.

Is Cleveland County, NC expensive to live in?

Rent there is 35% lower than the U.S. median, and the median home costs about 3.4 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

Polk County, GARent $918 · Income $58,515Wayne County, WVRent $915 · Income $58,878Titus County, TXRent $907 · Income $58,425Somerset County, MERent $910 · Income $58,179Putnam County, TNRent $908 · Income $58,912Pearl River County, MSRent $906 · Income $58,135

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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