Cost of Living in Davie County, North Carolina
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Davie County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Davie County ranks #2,268 of 3,144 counties for affordability (bottom 28%)
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
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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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
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
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