Cost of Living in Iredell County, North Carolina
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Iredell County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Iredell County, North Carolina
Iredell's rent burden beats the nation
Iredell renters spend 18.0% of their income on housing, slightly below the national median of 18.6%, making it a relatively affordable market by U.S. standards. With a median household income of $78,678—above the national average of $74,755—residents here have more breathing room than most Americans when paying rent.
A bright spot among North Carolina counties
Iredell's 18.0% rent-to-income ratio ranks near the middle of North Carolina's affordability spectrum, outperforming the state average of 18.6%. This balance reflects strong median incomes paired with relatively moderate rents of $1,183 per month—just 26% above the state median.
Iredell keeps pace with surrounding areas
Iredell's median rent of $1,183 sits between more rural, affordable neighbors like Catawba County and pricier areas closer to urban centers. The county's rent-to-income ratio of 18.0% is competitive with Lincoln County (14.9%) while remaining more affordable than Lenoir County (21.8%).
Housing takes a balanced share of income
Renters in Iredell dedicate about $1,183 monthly to housing costs, while homeowners with mortgages pay $1,155—nearly equal burdens on a median income of $78,678. Together, these figures show housing claims roughly 18% of the typical household budget, leaving adequate income for other essentials.
Consider Iredell for balanced affordability
If you're weighing relocation options, Iredell offers solid income-to-housing ratios without the steep costs of metro areas—median home values of $292,300 remain accessible to households earning near $78,000 annually. Compare this stability to higher-burden counties and you'll see why Iredell attracts families seeking economic balance.
Affordability Calculator
See how your income compares to housing costs in Iredell County
Rent Burden
18.0%
of gross income
Max Housing (28% Rule)
$1,836
per month
Owner Cost Burden
17.6%
of gross income
The median home in Iredell County may be a stretch
Median home value is $292,300. Estimated monthly cost: $2,334 vs. your max of $1,836.
Rent Affordability Guide
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.