Counties › North Carolina

Cost of Living in Yancey County, NC

Population 18,797 · Census ACS 2020–2024 5-year estimates

Median rent$882
Median home value$243,100
Median household income$58,709

The median rent in Yancey County, NC is $882/month, 28% lower than the North Carolina median and 38% lower than the U.S. median. The median home value is $243,100, 27% lower than the national median. Households earn a median of $58,709 a year, 19% lower than the state median.

Affordability

Rent as a share of median income: 18.0%
Income needed for median rent (30% rule): $35,280/yr
Home price-to-income ratio: 4.1×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,229/mo

Run your own numbers: mortgage calculator · hourly to salary

Yancey County vs. North Carolina vs. U.S.

Yancey CountyNorth CarolinaU.S.
Median rent$882$1,228$1,413
Median home value$243,100$288,900$332,700
Median household income$58,709$72,388$80,734
Homeownership rate79.4%66.6%65.2%
Bachelor's degree or higher25.1%35.7%35.7%
Poverty rate15.2%13.0%12.5%
Unemployment rate7.3%4.7%5.2%
Work from home11.7%16.3%15.1%
Median age49.239.138.9

FAQ

What is the average rent in Yancey County, NC?

The median gross rent in Yancey County, NC is $882 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $35,280 a year in gross income.

Is Yancey County, NC expensive to live in?

Rent there is 38% lower than the U.S. median, and the median home costs about 4.1 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

Sullivan County, TNRent $889 · Income $58,807Washington County, FLRent $888 · Income $58,210Warren County, MSRent $888 · Income $59,401Carbon County, UTRent $870 · Income $58,377Sebastian County, ARRent $886 · Income $57,790Worth County, GARent $864 · Income $58,694

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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