Cost of Living in Scotland County, North Carolina

$766/mo

Median Monthly Rent

$109,900

Median Home Value

18% below state averageUnaffordable

At a Glance

Median Monthly Rent

$766/mo

18% below state average

Median Home Value

$109,900

61% below national

Rent-to-Income Ratio

30.0%

% 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 Scotland County Compares

Median monthly rent comparison

Scotland County$766/mo

North Carolina Average$938/mo

National Median$1,163/mo

Detailed Housing Stats

$766/mo

Median Gross Rent

$109,900

Median Home Value

$724/mo

Monthly Owner Cost

30.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Scotland County, North Carolina

Scotland County faces affordability pressure

At 21.1%, Scotland County's rent-to-income ratio significantly exceeds both the state average of 18.6% and typical national benchmarks, indicating that renters here spend a larger share of earnings on housing. On a median household income of just $43,500, the $766 monthly rent burden is notably heavy.

Among NC's least affordable counties

Scotland County's 21.1% rent-to-income ratio ranks it as one of North Carolina's least affordable housing markets. The gap between this ratio and the state average of 18.6% reflects lower incomes paired with moderate housing costs—a challenging combination.

Scotland renters face highest burden

While Scotland's rent of $766/month is near Rutherford ($748), the key difference is income: Scotland's $43,500 median household income is significantly lower than Rutherford's $49,771, making the same rent consume a much larger income share. Monthly owner costs of $724 are also among the region's highest.

Rent swallows over one-fifth of pay

The typical Scotland renter dedicates 21.1% of their $43,500 annual income to $766/month in gross rent—a pinched situation. Even homeownership at $724/month (14.2% of income) represents a significant commitment on this county's lower income levels.

Scotland: beautiful but budget-tight

Scotland County offers lower absolute rent prices but faces income-affordability challenges that should give relocators pause. If you're moving here, ensure your income is above the $43,500 median to avoid housing cost strain.

Affordability Calculator

See how your income compares to housing costs in Scotland County

Your Annual Household Income

Rent Burden

21.1%

of gross income

Max Housing (28% Rule)

$1,015

per month

Owner Cost Burden

20.0%

of gross income

You can likely afford the median home in Scotland County

Median home value is $109,900. Estimated monthly cost: $877 vs. your max of $1,015.

Rent Affordability Guide

Your rent-to-income ratio21.1%

Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Scotland County, North Carolina?

Scotland County, North Carolina has a median monthly rent of $766/mo and a median home value of $109,900. The affordability rating is Unaffordable, with rent making up approximately 30.0% of median household income.

What is the median rent in Scotland County?

The median gross rent in Scotland County is $766/mo. This is 18% below state average for North Carolina.

Is Scotland County affordable?

Scotland County is rated Unaffordable based on rent-to-income ratio of 30.0%. Spending over 50% of income on rent is generally considered unaffordable.

How does Scotland County's rent compare to the state average?

Scotland County's median rent of $766/mo is 18% below state average of $938/mo for North Carolina.

What is the median home value in Scotland County?

The median home value in Scotland County, North Carolina is $109,900. This is 61% below the national median home value of $281,900.