Counties › North Carolina

Cost of Living in Guilford County, NC

Population 547,940 · Census ACS 2020–2024 5-year estimates

Median rent$1,163
Median home value$259,900
Median household income$68,642

The median rent in Guilford County, NC is $1,163/month, 5% lower than the North Carolina median and 18% lower than the U.S. median. The median home value is $259,900, 22% lower than the national median. Households earn a median of $68,642 a year, 5% lower than the state median.

Affordability

Rent as a share of median income: 20.3%
Income needed for median rent (30% rule): $46,520/yr
Home price-to-income ratio: 3.8×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,314/mo

Run your own numbers: mortgage calculator · hourly to salary

Guilford County vs. North Carolina vs. U.S.

Guilford CountyNorth CarolinaU.S.
Median rent$1,163$1,228$1,413
Median home value$259,900$288,900$332,700
Median household income$68,642$72,388$80,734
Homeownership rate59.9%66.6%65.2%
Bachelor's degree or higher39.0%35.7%35.7%
Poverty rate14.6%13.0%12.5%
Unemployment rate4.6%4.7%5.2%
Work from home13.9%16.3%15.1%
Median age37.539.138.9

FAQ

What is the average rent in Guilford County, NC?

The median gross rent in Guilford County, NC is $1,163 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $46,520 a year in gross income.

Is Guilford County, NC expensive to live in?

Rent there is 18% lower than the U.S. median, and the median home costs about 3.8 times the median household income.

Other counties in North Carolina

Wake County, NCRent $1,623 · Income $105,768Mecklenburg County, NCRent $1,627 · Income $87,005Forsyth County, NCRent $1,098 · Income $67,165Cumberland County, NCRent $1,222 · Income $61,291Durham County, NCRent $1,508 · Income $82,316Buncombe County, NCRent $1,362 · Income $74,436

Counties with a similar cost of living

Tom Green County, TXRent $1,154 · Income $68,370Fayette County, KYRent $1,164 · Income $69,479Bossier Parish, LARent $1,174 · Income $69,617Caldwell County, TXRent $1,173 · Income $69,758Taylor County, TXRent $1,159 · Income $67,139Bernalillo County, NMRent $1,144 · Income $69,473

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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