Counties › North Carolina

Cost of Living in Person County, NC

Population 39,542 · Census ACS 2020–2024 5-year estimates

Median rent$864
Median home value$213,900
Median household income$63,300

The median rent in Person County, NC is $864/month, 30% lower than the North Carolina median and 39% lower than the U.S. median. The median home value is $213,900, 36% lower than the national median. Households earn a median of $63,300 a year, 13% lower than the state median.

Affordability

Rent as a share of median income: 16.4%
Income needed for median rent (30% rule): $34,560/yr
Home price-to-income ratio: 3.4×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,082/mo

Run your own numbers: mortgage calculator · hourly to salary

Person County vs. North Carolina vs. U.S.

Person CountyNorth CarolinaU.S.
Median rent$864$1,228$1,413
Median home value$213,900$288,900$332,700
Median household income$63,300$72,388$80,734
Homeownership rate77.3%66.6%65.2%
Bachelor's degree or higher19.3%35.7%35.7%
Poverty rate17.5%13.0%12.5%
Unemployment rate5.6%4.7%5.2%
Work from home12.9%16.3%15.1%
Median age44.239.138.9

FAQ

What is the average rent in Person County, NC?

The median gross rent in Person County, NC is $864 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $34,560 a year in gross income.

Is Person County, NC expensive to live in?

Rent there is 39% 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

Bradford County, FLRent $863 · Income $63,050Clark County, OHRent $872 · Income $63,132Appomattox County, VARent $855 · Income $62,853Giles County, TNRent $862 · Income $62,307Chenango County, NYRent $875 · Income $62,948Scott County, MORent $873 · Income $62,782

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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