Cost of Living in Davie County, North Carolina

$889/mo
Median Monthly Rent
$235,300
Median Home Value

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

National Ranking

Affordability Rank

Davie County ranks #2,268 of 3,144 counties for affordability (bottom 28%)

Most AffordableLeast Affordable

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.

Cost of Living Advisory: Davie County

Affordability Verdict

Davie County is affordable for renters, with a median gross rent of $889/month representing approximately 14.6% of median household income. The rent burden (GRAPI) stands at 25.0%.

Rent vs. Own

Renters in Davie County pay $889/month on average, compared to $966/month for homeowners. This market favors renters by about 8%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $35,560/year. For owner costs at the 28% rule, the required income is roughly $41,400/year. With a median household income of $73,234, most households can comfortably afford rent here. Notably, 25.0% of renter households in Davie County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Davie County sits 5% less expensive than Gates County ($940/month) in terms of median gross rent.

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%

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: $73,234Needed: $35,560
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $73,234Needed: $41,400
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $73,234Needed: $54,761

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 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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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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