Counties › North Carolina

Cost of Living in Pasquotank County, NC

Population 40,834 · Census ACS 2020–2024 5-year estimates

Median rent$1,170
Median home value$234,600
Median household income$66,589

The median rent in Pasquotank County, NC is $1,170/month, 5% lower than the North Carolina median and 17% lower than the U.S. median. The median home value is $234,600, 29% lower than the national median. Households earn a median of $66,589 a year, 8% lower than the state median.

Affordability

Rent as a share of median income: 21.1%
Income needed for median rent (30% rule): $46,800/yr
Home price-to-income ratio: 3.5×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,186/mo

Run your own numbers: mortgage calculator · hourly to salary

Pasquotank County vs. North Carolina vs. U.S.

Pasquotank CountyNorth CarolinaU.S.
Median rent$1,170$1,228$1,413
Median home value$234,600$288,900$332,700
Median household income$66,589$72,388$80,734
Homeownership rate67.5%66.6%65.2%
Bachelor's degree or higher27.6%35.7%35.7%
Poverty rate11.0%13.0%12.5%
Unemployment rate5.9%4.7%5.2%
Work from home9.9%16.3%15.1%
Median age39.639.138.9

FAQ

What is the average rent in Pasquotank County, NC?

The median gross rent in Pasquotank County, NC is $1,170 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $46,800 a year in gross income.

Is Pasquotank County, NC expensive to live in?

Rent there is 17% lower than the U.S. median, and the median home costs about 3.5 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

McLennan County, TXRent $1,173 · Income $66,643Taylor County, TXRent $1,159 · Income $67,139Marion County, INRent $1,153 · Income $66,346Jefferson County, ALRent $1,193 · Income $66,388Plumas County, CARent $1,194 · Income $66,031Monroe County, INRent $1,193 · Income $65,868

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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