Cost of Living in Davie County, North Carolina

$889/mo
Median Monthly Rent
$235,300
Median Home Value
5% below state averageUnaffordable

At a Glance

Median Monthly Rent
$889/mo
5% below state average
Median Home Value
$235,300
17% below national
Rent-to-Income Ratio
25.0%
% 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 Davie County Compares

Median monthly rent comparison

Davie County$889/mo
North Carolina Average$938/mo
National Median$1,163/mo

Detailed Housing Stats

$889/mo
Median Gross Rent
$235,300
Median Home Value
$966/mo
Monthly Owner Cost
25.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Davie County, North Carolina

Davie renters beat national affordability benchmarks

Davie County's rent-to-income ratio of 14.6% ranks among the nation's most affordable housing markets, substantially below the 18% national average. Residents earning $73,234 pay just $889 monthly for rent, a combination that creates exceptional housing accessibility.

Second-best affordability in North Carolina

Davie's 14.6% rent-to-income ratio nearly matches Currituck's 14.8%, placing it among the state's most housing-friendly counties. At $889 monthly rent against a $73,234 income, Davie delivers strong affordability that exceeds the state average by meaningful margins.

Piedmont sweet spot near Currituck

Davie's $889 rent sits between inland Davidson County ($863) and Currituck County's coastal premium ($1,126), while its $73,234 income exceeds both nearby piedmont alternatives. This balance of reasonable costs and solid earnings creates the region's second-best affordability profile.

Ownership slightly cheaper than renting

Renters pay $889 while homeowners pay $966 monthly on a median income of $73,234, making ownership marginally more expensive here. Both tenure options consume roughly 14.6% of gross income, leaving residents with substantially more breathing room than coastal counties.

Davie offers piedmont living at top value

Moving to Davie County puts you near Charlotte and Winston-Salem while maintaining excellent housing affordability—compare its 14.6% rent burden against statewide 18.6% to see the savings. With median rents under $900 and incomes near $74,000, Davie delivers the lifestyle and financial flexibility that make relocation worthwhile.

Affordability Calculator

See how your income compares to housing costs in Davie County

$

Rent Burden

14.6%

of gross income

Max Housing (28% Rule)

$1,709

per month

Owner Cost Burden

15.8%

of gross income

The median home in Davie County may be a stretch

Median home value is $235,300. Estimated monthly cost: $1,878 vs. your max of $1,709.

Rent Affordability Guide

Your rent-to-income ratio14.6%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Davie County, North Carolina?
Davie County, North Carolina has a median monthly rent of $889/mo and a median home value of $235,300. The affordability rating is Unaffordable, with rent making up approximately 25.0% of median household income.
What is the median rent in Davie County?
The median gross rent in Davie County is $889/mo. This is 5% below state average for North Carolina.
Is Davie County affordable?
Davie County is rated Unaffordable based on rent-to-income ratio of 25.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Davie County's rent compare to the state average?
Davie County's median rent of $889/mo is 5% below state average of $938/mo for North Carolina.
What is the median home value in Davie County?
The median home value in Davie County, North Carolina is $235,300. This is 17% 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.