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Cost of Living in Watauga County, NC

Population 55,123 · Census ACS 2020–2024 5-year estimates

Median rent$1,127
Median home value$358,900
Median household income$51,693

The median rent in Watauga County, NC is $1,127/month, 8% lower than the North Carolina median and 20% lower than the U.S. median. The median home value is $358,900, 8% higher than the national median. Households earn a median of $51,693 a year, 29% lower than the state median.

Affordability

Rent as a share of median income: 26.2%
Income needed for median rent (30% rule): $45,080/yr
Home price-to-income ratio: 6.9×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,815/mo

Run your own numbers: mortgage calculator · hourly to salary

Watauga County vs. North Carolina vs. U.S.

Watauga CountyNorth CarolinaU.S.
Median rent$1,127$1,228$1,413
Median home value$358,900$288,900$332,700
Median household income$51,693$72,388$80,734
Homeownership rate62.1%66.6%65.2%
Bachelor's degree or higher48.1%35.7%35.7%
Poverty rate25.5%13.0%12.5%
Unemployment rate7.9%4.7%5.2%
Work from home10.4%16.3%15.1%
Median age31.439.138.9

FAQ

What is the average rent in Watauga County, NC?

The median gross rent in Watauga County, NC is $1,127 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $45,080 a year in gross income.

Is Watauga County, NC expensive to live in?

Rent there is 20% lower than the U.S. median, and the median home costs about 6.9 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

Petersburg city, VARent $1,174 · Income $50,698Bibb County, GARent $1,066 · Income $51,234Trinity County, CARent $1,073 · Income $53,002Hopewell city, VARent $1,106 · Income $54,729Richmond County, GARent $1,141 · Income $55,637Walker County, TXRent $1,031 · Income $52,324

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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