Cost of Living in Caswell County, North Carolina

$699/mo
Median Monthly Rent
$151,200
Median Home Value
25% below state averageUnaffordable

At a Glance

Median Monthly Rent
$699/mo
25% below state average
Median Home Value
$151,200
46% below national
Rent-to-Income Ratio
28.0%
% 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 Caswell County Compares

Median monthly rent comparison

Caswell County$699/mo
North Carolina Average$938/mo
National Median$1,163/mo

Detailed Housing Stats

$699/mo
Median Gross Rent
$151,200
Median Home Value
$714/mo
Monthly Owner Cost
28.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Caswell County, North Carolina

Caswell's rent burden beats the nation

At 14.1%, Caswell County's rent-to-income ratio sits well below the national norm, meaning renters here spend less of their paycheck on housing than typical Americans. The median rent of $699/month is affordable even compared to the national median household income of $74,755, giving renters meaningful financial breathing room.

Best-in-class affordability statewide

Caswell ranks as one of North Carolina's most affordable counties for renters, with a 14.1% rent-to-income ratio well below the state average of 18.6%. This advantage reflects both modest local rents and a stable median household income of $59,407 that stretches further here than in pricier parts of the state.

Affordability advantage in Piedmont region

Caswell's $699 monthly rent undercuts neighboring Catawba County ($891) and Chatham County ($1,066) by $192 to $367, making it a standout value in North Carolina's Piedmont region. Even against Chowan County's $766, Caswell rents remain competitive for families seeking cost-conscious communities.

Housing takes modest slice of budget

Caswell renters allocate just 14.1% of income to rent, while homeowners dedicate 14.4% to monthly ownership costs—both well-managed portions of the $59,407 median household income. This balance leaves households room for savings, healthcare, and other necessities without housing stress.

Small-town stability and affordability await

If affordable rent and low cost-of-living are your priorities, Caswell County delivers—median rent of $699 and one of the state's best rent-to-income ratios make it ideal for budget-conscious movers. Compare Caswell's $151,200 median home value against state options to find your financial sweet spot in rural North Carolina.

Affordability Calculator

See how your income compares to housing costs in Caswell County

$

Rent Burden

14.1%

of gross income

Max Housing (28% Rule)

$1,386

per month

Owner Cost Burden

14.4%

of gross income

You can likely afford the median home in Caswell County

Median home value is $151,200. Estimated monthly cost: $1,207 vs. your max of $1,386.

Rent Affordability Guide

Your rent-to-income ratio14.1%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Caswell County, North Carolina?
Caswell County, North Carolina has a median monthly rent of $699/mo and a median home value of $151,200. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.
What is the median rent in Caswell County?
The median gross rent in Caswell County is $699/mo. This is 25% below state average for North Carolina.
Is Caswell County affordable?
Caswell County is rated Unaffordable based on rent-to-income ratio of 28.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Caswell County's rent compare to the state average?
Caswell County's median rent of $699/mo is 25% below state average of $938/mo for North Carolina.
What is the median home value in Caswell County?
The median home value in Caswell County, North Carolina is $151,200. This is 46% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.