Cost of Living in Davidson County, North Carolina
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Davidson County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Davidson County ranks #1,686 of 3,142 counties for affordability (bottom 46%)
Sourced county brief
Davidson County Median Gross Rent $76 Below State Mean
In Davidson County, the median gross rent is $901 per month, which is $76 below the North Carolina unweighted county mean of $977. The median home value was estimated at $219,100, while the state unweighted county mean for home value is $235,312. For owner-occupied housing, the median selected monthly owner cost is $852, a figure that is $75 lower than the state unweighted county mean of $927. The canonical rent-to-income percentage is 26.8%, which is the official ACS B25071 gross rent as a percentage of household income (GRAPI). This official GRAPI is 2.1 percentage points lower than the state unweighted county mean of 28.9%. The median income for renter households in the county is $41,958. These statistics are based on the U.S. Census Bureau ACS 2020-2024 5-Year Estimates. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Davidson County
Affordability Verdict
ACS B25071 estimates median gross rent at 26.8% of renter household income in Davidson County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $901 per month; median selected monthly owner costs are $852. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $36,040 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The North Carolina unweighted mean of county median rents is $977 per month. Davidson County's $901 median is 7.7% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Davidson County
Rent Burden
16.8%
of gross income
Max Housing (28% Rule)
$1,497
per month
Owner Cost Burden
15.9%
of gross income
The median home in Davidson County may be a stretch
Median home value is $219,100. Estimated monthly cost: $1,749 vs. your max of $1,497.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
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 Davidson County, North Carolina?
What is the median rent in Davidson County?
Is Davidson County affordable?
How does Davidson County's rent compare to the state average?
What is the median home value in Davidson County?
Counties with Similar Housing Costs
Planning a Move?
Researching the cost of living in Davidson County, North Carolina? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCompare Mortgage Rates in Davidson County
Whether you're buying in Davidson County, North Carolina, or refinancing, compare rates from top lenders using the terms each lender provides.
See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.