Cost of Living in Hyde County, North Carolina
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Hyde County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Hyde County, North Carolina
Hyde faces America's worst affordability
Hyde County's 31.4% rent-to-income ratio is catastrophic—renters spend nearly one-third of their income on housing at $1,237/month from a median income of just $47,338. This is among the worst housing affordability crises in the nation.
NC's unaffordable outlier
Hyde's 31.4% rent-to-income ratio more than doubles North Carolina's state average of 18.6%, making it an extreme outlier across 100 counties. At $1,237/month, median rent towers $299 above the state median of $938.
Rents spike without income support
Hyde's $1,237 rent is the highest among all eight counties despite having one of the lowest median incomes ($47,338). This collision—premium coastal pricing meeting poverty-level incomes—creates the region's worst affordability math.
Rents devour one-third of income
Renters spend $1,237/month—31.4% of income—while homeowners pay $833/month, revealing a staggering $404 monthly gap. Hyde's $119,600 median home value suggests homeownership as the only viable housing path for long-term residents.
Hyde: relocation requires substantial income
Hyde County's 31.4% rent-to-income ratio is a national crisis—do not relocate as a renter unless your income is double the county median or higher. The county's isolated Outer Banks location and limited job market mean this affordability gap won't resolve without exterior income.
Affordability Calculator
See how your income compares to housing costs in Hyde County
Rent Burden
31.4%
of gross income
Max Housing (28% Rule)
$1,105
per month
Owner Cost Burden
21.1%
of gross income
You can likely afford the median home in Hyde County
Median home value is $119,600. Estimated monthly cost: $955 vs. your max of $1,105.
Rent Affordability Guide
Frequently Asked Questions
What is the cost of living in Hyde County, North Carolina?
What is the median rent in Hyde County?
Is Hyde County affordable?
How does Hyde County's rent compare to the state average?
What is the median home value in Hyde County?
Planning a Move?
Researching the cost of living in Hyde County, North Carolina? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCounties with Similar Housing Costs
Compare Mortgage Rates in Hyde County
Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.
See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.