Cost of Living in Edgecombe County, North Carolina

$818/mo
Median Monthly Rent
$116,800
Median Home Value

At a Glance

Median Monthly Rent
$818/mo
13% below state average
Median Home Value
$116,800
59% below national
Rent-to-Income Ratio
29.0%
% 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 Edgecombe County Compares

Median monthly rent comparison

Edgecombe County$818/mo
North Carolina Average$938/mo
National Median$1,163/mo

Detailed Housing Stats

$818/mo
Median Gross Rent
$116,800
Median Home Value
$834/mo
Monthly Owner Cost
29.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Edgecombe County ranks #3,100 of 3,144 counties for affordability (bottom 1%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Edgecombe County, North Carolina

Edgecombe rents bite harder than nation

Edgecombe residents spend 20.3% of household income on rent, outpacing the national median of roughly 18%. With a median household income of $48,480—35% below the national average of $74,755—renters here feel the squeeze more acutely than most Americans.

Above average strain in North Carolina

Edgecombe's rent-to-income ratio of 20.3% exceeds North Carolina's state average of 18.6%, ranking it among the least affordable counties for renters statewide. The $818 median monthly rent is also below the state median of $938, yet incomes remain so low that affordability suffers.

Pricier than nearby alternatives

Edgecombe's $818 rent falls between Greene County ($845) and Gates County ($940), but its lower median income of $48,480 makes affordability worse than both neighbors. Franklin County residents, earning $71,386, find nearly identical rents far more manageable at just 16.6% of income.

Renters and owners strain equally

The median renter pays $818 monthly while homeowners pay $834—nearly identical burdens on a $48,480 annual income. Together, these housing costs consume over $9,800 yearly, leaving limited resources for other essentials.

Consider Franklin or Granville nearby

If you're relocating to eastern North Carolina, Franklin and Granville counties offer similar rent but 45% higher median incomes, improving your housing affordability substantially. Graham County offers the lowest rents statewide at $581, though it has the fewest job opportunities in this cohort.

Cost of Living Advisory: Edgecombe County

Affordability Verdict

Housing in Edgecombe County is affordable. The median rent is $818/month against a median household income of $48,480, putting rent at 20.2% of income.

Rent vs. Own

The median rent in Edgecombe County is $818/month, while owner costs run $834/month. Renting saves approximately $16/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $32,720/year. For owner costs at the 28% rule, the required income is roughly $35,743/year. With a median household income of $48,480, most households can comfortably afford rent here. Notably, 29.0% of renter households in Edgecombe County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Edgecombe County sits 7% more expensive than Chowan County ($766/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Edgecombe County

$

Rent Burden

20.2%

of gross income

Max Housing (28% Rule)

$1,131

per month

Owner Cost Burden

20.6%

of gross income

You can likely afford the median home in Edgecombe County

Median home value is $116,800. Estimated monthly cost: $932 vs. your max of $1,131.

Rent Affordability Guide

Your rent-to-income ratio20.2%
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: $48,480Needed: $32,720
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $48,480Needed: $35,743
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $48,480Needed: $27,183

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 Edgecombe County, North Carolina?
Edgecombe County, North Carolina has a median monthly rent of $818/mo and a median home value of $116,800. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.
What is the median rent in Edgecombe County?
The median gross rent in Edgecombe County is $818/mo. This is 13% below state average for North Carolina.
Is Edgecombe County affordable?
Edgecombe County is rated Unaffordable based on rent-to-income ratio of 29.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Edgecombe County's rent compare to the state average?
Edgecombe County's median rent of $818/mo is 13% below state average of $938/mo for North Carolina.
What is the median home value in Edgecombe County?
The median home value in Edgecombe County, North Carolina is $116,800. This is 59% 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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