Cost of Living in Halifax 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 Halifax County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Halifax County ranks #1,163 of 3,142 counties for affordability (top 37%)
Sourced county brief
Halifax County Median Home Value Estimated at $106,200
In Halifax County, the median home value is $106,200, a figure that is $129,112 below the North Carolina unweighted county mean of $235,312. The official gross rent as a percentage of household income (GRAPI) is 29.7%, which is 0.8 percentage points higher than the state unweighted county mean of 28.9%. Median gross rent was recorded at $813 per month, compared to the unweighted county mean of $977. For owner-occupied units, the median selected monthly owner cost is $770, which is lower than the state unweighted county mean of $927. The median renter-household income was reported at $25,964. These figures are based on the U.S. Census Bureau ACS 2020-2024 5-Year Estimates from tables B25064, B25071, B25077, B25088, and B25119. 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: Halifax County
Affordability Verdict
ACS B25071 estimates median gross rent at 29.7% of renter household income in Halifax 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 $813 per month; median selected monthly owner costs are $770. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $32,520 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. Halifax County's $813 median is 16.8% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Halifax County
Rent Burden
21.4%
of gross income
Max Housing (28% Rule)
$1,064
per month
Owner Cost Burden
20.3%
of gross income
You can likely afford the median home in Halifax County
Median home value is $106,200. Estimated monthly cost: $848 vs. your max of $1,064.
Rent Affordability Guide
Income Needed Calculator
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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 (2020-2024). Data is informational only and is not personalized financial advice.
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