Cost of Living in Jones County, North Carolina

$725/mo
Median Monthly Rent
$122,600
Median Home Value

At a Glance

Median Monthly Rent
$725/mo
23% below state average
Median Home Value
$122,600
57% 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 Jones County Compares

Median monthly rent comparison

Jones County$725/mo
North Carolina Average$938/mo
National Median$1,163/mo

Detailed Housing Stats

$725/mo
Median Gross Rent
$122,600
Median Home Value
$726/mo
Monthly Owner Cost
29.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Jones County ranks #611 of 3,144 counties for affordability (top 19%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Jones County, North Carolina

Jones offers exceptional value on tight budgets

Jones County renters spend just 15.6% of income on housing—about 3 percentage points below the national median of 18.6%—thanks to some of the lowest rents in the state at $725 monthly. While median household income of $55,659 lags the national average, the ultra-low housing costs offset this income disadvantage.

Jones ranks among the state's most affordable counties

Jones's 15.6% rent-to-income ratio significantly beats the state average of 18.6%, placing it in North Carolina's affordability elite despite below-average incomes. The county's $725 median rent—the state's lowest—is the defining factor that makes housing costs manageable here.

Jones delivers the region's cheapest housing

Jones leads nearby counties with the lowest median rent of $725, beating Lenoir County ($814), Macon County ($791), and Jackson County ($855) by substantial margins. Even with lower incomes, this rent advantage gives Jones residents the region's easiest affordability picture.

Minimal housing costs stretch limited incomes

Jones renters pay just $725 monthly while homeowners pay $726, and with a median home value of only $122,600, housing is genuinely affordable across tenure types. On a median income of $55,659, these costs consume just 15.6% of income—among the lowest burdens in the state.

Jones maximizes affordability in rural North Carolina

If you're relocating on a modest budget or seeking maximum housing affordability, Jones County's $725 rents and $122,600 home values offer unmatched value. The tradeoff is rural character and potentially fewer job options, but for remote workers or retirees, the savings are substantial.

Cost of Living Advisory: Jones County

Affordability Verdict

For renters in Jones County, the market is affordable. Expect to pay around $725/month in gross rent, with 29.0% of renter households considered cost-burdened.

Rent vs. Own

The median rent in Jones County is $725/month, while owner costs run $726/month. Renting saves approximately $1/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $29,000/year. For owner costs at the 28% rule, the required income is roughly $31,114/year. With a median household income of $55,659, most households can comfortably afford rent here. Notably, 29.0% of renter households in Jones County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within North Carolina, Jones County is less affordable than Halifax County by roughly 7% ($725/mo vs $776/mo).

Affordability Calculator

See how your income compares to housing costs in Jones County

$

Rent Burden

15.6%

of gross income

Max Housing (28% Rule)

$1,299

per month

Owner Cost Burden

15.7%

of gross income

You can likely afford the median home in Jones County

Median home value is $122,600. Estimated monthly cost: $979 vs. your max of $1,299.

Rent Affordability Guide

Your rent-to-income ratio15.6%
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: $55,659Needed: $29,000
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $55,659Needed: $31,114
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $55,659Needed: $28,532

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 Jones County, North Carolina?
Jones County, North Carolina has a median monthly rent of $725/mo and a median home value of $122,600. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.
What is the median rent in Jones County?
The median gross rent in Jones County is $725/mo. This is 23% below state average for North Carolina.
Is Jones County affordable?
Jones 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 Jones County's rent compare to the state average?
Jones County's median rent of $725/mo is 23% below state average of $938/mo for North Carolina.
What is the median home value in Jones County?
The median home value in Jones County, North Carolina is $122,600. This is 57% 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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