Counties › North Carolina

Cost of Living in Lee County, NC

Population 65,816 · Census ACS 2020–2024 5-year estimates

Median rent$1,017
Median home value$240,200
Median household income$65,387

The median rent in Lee County, NC is $1,017/month, 17% lower than the North Carolina median and 28% lower than the U.S. median. The median home value is $240,200, 28% lower than the national median. Households earn a median of $65,387 a year, 10% lower than the state median.

Affordability

Rent as a share of median income: 18.7%
Income needed for median rent (30% rule): $40,680/yr
Home price-to-income ratio: 3.7×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,215/mo

Run your own numbers: mortgage calculator · hourly to salary

Lee County vs. North Carolina vs. U.S.

Lee CountyNorth CarolinaU.S.
Median rent$1,017$1,228$1,413
Median home value$240,200$288,900$332,700
Median household income$65,387$72,388$80,734
Homeownership rate67.3%66.6%65.2%
Bachelor's degree or higher21.3%35.7%35.7%
Poverty rate16.5%13.0%12.5%
Unemployment rate3.8%4.7%5.2%
Work from home6.7%16.3%15.1%
Median age39.539.138.9

FAQ

What is the average rent in Lee County, NC?

The median gross rent in Lee County, NC is $1,017 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $40,680 a year in gross income.

Is Lee County, NC expensive to live in?

Rent there is 28% lower than the U.S. median, and the median home costs about 3.7 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

Floyd County, GARent $1,014 · Income $65,565Staunton city, VARent $1,024 · Income $65,581Frio County, TXRent $1,016 · Income $66,010Somerset County, MDRent $1,013 · Income $64,943Winnebago County, ILRent $1,021 · Income $65,837Muskegon County, MIRent $1,028 · Income $65,024

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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