Cost of Living in Randolph County, North Carolina
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Randolph County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Randolph County ranks #2,564 of 3,144 counties for affordability (bottom 18%)
Data Story
About Cost of Living in Randolph County, North Carolina
Randolph County offers solid rental affordability
Randolph County's rent-to-income ratio of 17.4% sits comfortably below the national stress threshold, giving renters breathing room in their budgets. Though the median household income of $59,047 falls short of the national median of $74,755, modest rents of $857 per month keep housing costs manageable.
Better than average for North Carolina
Randolph County's rent-to-income ratio of 17.4% beats the state average of 18.6%, making it one of North Carolina's more affordable rental markets. This advantage reflects both modest monthly rents of $857 and a rent-to-income burden below state norms.
Competitive rents in the regional landscape
Randolph County's $857 monthly rent falls between Person County's bargain $796 and Rowan County's higher $990, positioning it as a middle-ground option. Compared to Pitt County's $971, Randolph offers renters $114 in monthly savings while maintaining similar income levels.
Rents consume less than one-fifth of income
The typical Randolph County household earning $59,047 allocates 17.4% of income to rent—just under $857 per month. Homeowners face a slightly lower burden at 16.9% ($836 monthly), with median home values of $171,600 making ownership attainable for many households.
Randolph County balances cost and stability
Randolph County's 17.4% rent-to-income ratio and $857 monthly rents make it a solid choice for relocators seeking affordability without extreme trade-offs. Compare it against higher-cost Pitt ($971) and Polk ($1,089) to appreciate the $114–$232 monthly savings available here.
Cost of Living Advisory: Randolph County
Affordability Verdict
For renters in Randolph County, the market is affordable. Expect to pay around $857/month in gross rent, with 26.0% of renter households considered cost-burdened.
Rent vs. Own
The median rent in Randolph County is $857/month, while owner costs run $836/month. Owning saves approximately $21/month.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $34,280/year. For owner costs at the 28% rule, the required income is roughly $35,829/year. With a median household income of $59,047, most households can comfortably afford rent here. Notably, 26.0% of renter households in Randolph County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Randolph County sits 6% more expensive than Hertford County ($806/month) in terms of median gross rent.
Affordability Calculator
See how your income compares to housing costs in Randolph County
Rent Burden
17.4%
of gross income
Max Housing (28% Rule)
$1,378
per month
Owner Cost Burden
17.0%
of gross income
You can likely afford the median home in Randolph County
Median home value is $171,600. Estimated monthly cost: $1,370 vs. your max of $1,378.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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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 (2019-2023) — Informational only. Not financial or legal advice.
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