Cost of Living in Anson County, North Carolina

$849/mo
Median Monthly Rent
$119,300
Median Home Value

At a Glance

Median Monthly Rent
$849/mo
9% below state average
Median Home Value
$119,300
58% below national
Rent-to-Income Ratio
27.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Anson County Compares

Median monthly rent comparison

Anson County$849/mo
North Carolina Average$938/mo
National Median$1,163/mo

Detailed Housing Stats

$849/mo
Median Gross Rent
$119,300
Median Home Value
$617/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Anson County ranks #2,881 of 3,144 counties for affordability (bottom 8%)

Most AffordableLeast Affordable

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

Your rent-to-income ratio23.0%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $44,245Needed: $33,960
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $44,245Needed: $26,443
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $44,245Needed: $27,764

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

What is the cost of living in Anson County, North Carolina?
Anson County, North Carolina has a median monthly rent of $849/mo and a median home value of $119,300. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Anson County?
The median gross rent in Anson County is $849/mo. This is 9% below state average for North Carolina.
Is Anson County affordable?
Anson County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Anson County's rent compare to the state average?
Anson County's median rent of $849/mo is 9% below state average of $938/mo for North Carolina.
What is the median home value in Anson County?
The median home value in Anson County, North Carolina is $119,300. This is 58% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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