Cost of Living in Pitt County, North Carolina

$971/mo
Median Monthly Rent
$194,300
Median Home Value
4% above state averageUnaffordable

At a Glance

Median Monthly Rent
$971/mo
4% above state average
Median Home Value
$194,300
31% below national
Rent-to-Income Ratio
28.0%
% 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 Pitt County Compares

Median monthly rent comparison

Pitt County$971/mo
North Carolina Average$938/mo
National Median$1,163/mo

Detailed Housing Stats

$971/mo
Median Gross Rent
$194,300
Median Home Value
$1,102/mo
Monthly Owner Cost
28.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Pitt County, North Carolina

Pitt County's rent challenge exceeds national norms

Pitt County's rent-to-income ratio of 19.8% sits above the national comfort zone, signaling that renters here dedicate a larger share of income to housing than typical Americans. The median household income of $58,851 falls notably short of the national median of $74,755, while monthly rents of $971 are among the highest in the state.

Above-average housing burden in North Carolina

Pitt County's rent-to-income ratio of 19.8% exceeds North Carolina's 18.6% state average, placing it in the less affordable tier statewide. Despite median rents of $971—above the state median of $938—the county's lower-than-average incomes of $58,851 create the crunch.

Pitt among the priciest in region

Pitt County renters pay $971 monthly—$175 more than Person County ($796) and $182 more than Rockingham County ($789). This makes Pitt's rental market notably tighter compared to nearby alternatives, despite similar or lower household incomes.

Nearly one-fifth of income goes to rent

The typical Pitt County household earning $58,851 annually spends 19.8% of income on rent, consuming roughly $950 per month. Homeownership carries a $1,102 monthly cost, representing about 22.4% of median income—one of the highest homeownership burdens in the region.

Pitt County: weigh affordability carefully

Pitt County's relatively high rent-to-income ratio of 19.8% suggests renters should carefully compare budgets before relocating here. Though home values ($194,300) remain modest, the combination of lower incomes and higher rents makes this county less affordable than neighboring alternatives.

Affordability Calculator

See how your income compares to housing costs in Pitt County

$

Rent Burden

19.8%

of gross income

Max Housing (28% Rule)

$1,373

per month

Owner Cost Burden

22.5%

of gross income

The median home in Pitt County may be a stretch

Median home value is $194,300. Estimated monthly cost: $1,551 vs. your max of $1,373.

Rent Affordability Guide

Your rent-to-income ratio19.8%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Pitt County, North Carolina?
Pitt County, North Carolina has a median monthly rent of $971/mo and a median home value of $194,300. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.
What is the median rent in Pitt County?
The median gross rent in Pitt County is $971/mo. This is 4% above state average for North Carolina.
Is Pitt County affordable?
Pitt County is rated Unaffordable based on rent-to-income ratio of 28.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Pitt County's rent compare to the state average?
Pitt County's median rent of $971/mo is 4% above state average of $938/mo for North Carolina.
What is the median home value in Pitt County?
The median home value in Pitt County, North Carolina is $194,300. This is 31% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.