Cost of Living in Cabarrus County, North Carolina
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Cabarrus County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Cabarrus County, North Carolina
Cabarrus combines income strength with affordability
Cabarrus County renters spend 18.2% of their income on rent—below the national average and the state average—while earning a median household income of $86,084, nearly 15% above the national median. This combination of strong incomes and reasonable housing costs makes Cabarrus one of the region's most balanced markets.
Best income-to-affordability ratio statewide
Cabarrus's 18.2% rent-to-income ratio ranks among North Carolina's most affordable, beating the state average of 18.6%, while its $86,084 median income is the highest in this sample. The county punches well above its weight for households seeking strong earnings and reasonable housing costs.
Superior affordability with higher incomes
Cabarrus residents earn nearly $12,000 more annually than Buncombe County residents, yet face lower rent burdens—a striking advantage over nearby mountain counties. Cabarrus's $1,303 rent is higher than Burke ($805) and Caldwell ($735), but the income ratio makes it feel lighter.
Renters and owners both well-positioned
Cabarrus renters pay $1,303 monthly while homeowners spend $1,393, with median home values of $318,600. The $86,084 median income means housing consumes just 18% of budgets, leaving substantial room for savings and other expenses.
Cabarrus: prosperity meets affordability
Consider Cabarrus if you're seeking suburban North Carolina living with strong incomes and stable housing costs—median rents of $1,303 feel manageable on an $86,084 average household income. The county's balanced market appeals to families and professionals prioritizing financial stability.
Affordability Calculator
See how your income compares to housing costs in Cabarrus County
Rent Burden
18.2%
of gross income
Max Housing (28% Rule)
$2,009
per month
Owner Cost Burden
19.4%
of gross income
The median home in Cabarrus County may be a stretch
Median home value is $318,600. Estimated monthly cost: $2,543 vs. your max of $2,009.
Rent Affordability Guide
Frequently Asked Questions
What is the cost of living in Cabarrus County, North Carolina?
What is the median rent in Cabarrus County?
Is Cabarrus County affordable?
How does Cabarrus County's rent compare to the state average?
What is the median home value in Cabarrus County?
Planning a Move?
Researching the cost of living in Cabarrus County, North Carolina? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCounties with Similar Housing Costs
Compare Mortgage Rates in Cabarrus County
Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.
See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.