Cost of Living in Anson County, North Carolina
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Anson County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Anson County ranks #2,881 of 3,144 counties for affordability (bottom 8%)
Data Story
About Cost of Living in Anson County, North Carolina
Anson's affordability crisis: income fails to keep pace
Anson County's rent-to-income ratio of 23.0% is the worst in our group, 4.4 percentage points above the national average—and driven by the state's lowest median household income of $44,245. Renters here dedicate nearly a quarter of their earnings to housing, far exceeding the sustainable threshold.
Anson ranks among North Carolina's hardest hit
With a 23.0% rent-to-income ratio, Anson County faces the steepest housing burden in this analysis, significantly worse than the state average of 18.6%. The combination of the lowest median income ($44,245) and above-average rent ($849) creates acute affordability stress.
Anson's housing costs exceed its income capacity
Anson's $849 monthly rent is the highest among low-income counties in this region, while the median household income of $44,245 is the lowest—a disadvantageous pairing. Even homeownership at $617/month doesn't fully relieve the burden when annual income is this constrained.
Nearly a quarter of income consumed by rent
Anson renters spend $849/month on a $44,245 annual income, leaving roughly $3,049 annually after rent—before taxes, utilities, food, or transportation. This rent-to-income ratio of 23% marks the critical threshold where housing affordability becomes a genuine hardship for working families.
Anson demands strong income foundation
Relocating to Anson County requires securing employment significantly above the median—the 23% rent-to-income ratio suggests that anyone earning closer to county median will struggle. If considering Anson, evaluate neighboring Alexander or Ashe counties where income-to-housing ratios are far more favorable.
Cost of Living Advisory: Anson County
Affordability Verdict
For renters in Anson County, the market is affordable. Expect to pay around $849/month in gross rent, with 27.0% of renter households considered cost-burdened.
Rent vs. Own
Renters in Anson County pay $849/month on average, compared to $617/month for homeowners. This market favors buyers by about 27%.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $33,960/year. For owner costs at the 28% rule, the required income is roughly $26,443/year. With a median household income of $44,245, most households can comfortably afford rent here. Notably, 27.0% of renter households in Anson County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Compared to Person County where rent averages $796/month, Anson County is approximately 7% more expensive.
Affordability Calculator
See how your income compares to housing costs in Anson County
Rent Burden
23.0%
of gross income
Max Housing (28% Rule)
$1,032
per month
Owner Cost Burden
16.7%
of gross income
You can likely afford the median home in Anson County
Median home value is $119,300. Estimated monthly cost: $952 vs. your max of $1,032.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
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