Counties › North Carolina

Cost of Living in Mecklenburg County, NC

Population 1,154,681 · Census ACS 2020–2024 5-year estimates

Median rent$1,627
Median home value$406,800
Median household income$87,005

The median rent in Mecklenburg County, NC is $1,627/month, 32% higher than the North Carolina median and 15% higher than the U.S. median. The median home value is $406,800, 22% higher than the national median. Households earn a median of $87,005 a year, 20% higher than the state median.

Affordability

Rent as a share of median income: 22.4%
Income needed for median rent (30% rule): $65,080/yr
Home price-to-income ratio: 4.7×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $2,057/mo

Run your own numbers: mortgage calculator · hourly to salary

Mecklenburg County vs. North Carolina vs. U.S.

Mecklenburg CountyNorth CarolinaU.S.
Median rent$1,627$1,228$1,413
Median home value$406,800$288,900$332,700
Median household income$87,005$72,388$80,734
Homeownership rate55.1%66.6%65.2%
Bachelor's degree or higher49.2%35.7%35.7%
Poverty rate10.4%13.0%12.5%
Unemployment rate4.3%4.7%5.2%
Work from home28.5%16.3%15.1%
Median age35.539.138.9

FAQ

What is the average rent in Mecklenburg County, NC?

The median gross rent in Mecklenburg County, NC is $1,627 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $65,080 a year in gross income.

Is Mecklenburg County, NC expensive to live in?

Rent there is 15% higher than the U.S. median, and the median home costs about 4.7 times the median household income.

Other counties in North Carolina

Wake County, NCRent $1,623 · Income $105,768Guilford 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 $82,316Buncombe County, NCRent $1,362 · Income $74,436

Counties with a similar cost of living

Passaic County, NJRent $1,621 · Income $87,522Fredericksburg city, VARent $1,619 · Income $86,071Beaufort County, SCRent $1,653 · Income $86,573Charleston County, SCRent $1,620 · Income $88,494Washoe County, NVRent $1,608 · Income $88,096Multnomah County, ORRent $1,646 · Income $88,766

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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