Cost of Living in Stokes County, North Carolina

$766/mo
Median Monthly Rent
$186,800
Median Home Value

At a Glance

Median Monthly Rent
$766/mo
18% below state average
Median Home Value
$186,800
34% below national
Rent-to-Income Ratio
24.0%
% 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 Stokes County Compares

Median monthly rent comparison

Stokes County$766/mo
North Carolina Average$938/mo
National Median$1,163/mo

Detailed Housing Stats

$766/mo
Median Gross Rent
$186,800
Median Home Value
$750/mo
Monthly Owner Cost
24.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Stokes County ranks #416 of 3,144 counties for affordability (top 13%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Stokes County, North Carolina

Stokes delivers exceptional affordability

Stokes County's rent-to-income ratio of 15.3% is among the lowest in this dataset and substantially better than North Carolina's 18.6% average. With a median household income of $60,039 and rent of just $766/month, Stokes residents enjoy a genuinely comfortable housing situation.

Top-tier affordability in North Carolina

At 15.3%, Stokes County's rent-to-income ratio ranks it among North Carolina's most affordable markets, beating the state average by over 3 percentage points. This strong performance reflects solid incomes ($60,039) paired with below-average rents ($766/month).

Stokes beats most peer counties

Stokes' 15.3% rent-to-income ratio is better than all comparable counties here, including Stanly (16.2%), Surry (15.8%), and Swain (15.5%). The $766 rent is moderate, and the $60,039 median income provides solid financial cushion.

Housing takes just 15 cents per dollar

Stokes renters allocate only 15.3% of their $60,039 income to $766/month rent—among the best ratios regionally. Homeowners benefit similarly, paying $750/month on the same income, with a median home value of $186,800 remaining accessible.

Stokes County: affordability meets stability

Relocating to Stokes County positions you in one of North Carolina's most affordable housing markets while maintaining solid incomes. The 15.3% rent-to-income ratio ranks among the state's best—real financial breathing room for working families.

Cost of Living Advisory: Stokes County

Affordability Verdict

Housing in Stokes County is affordable. The median rent is $766/month against a median household income of $60,039, putting rent at 15.3% of income.

Rent vs. Own

The median rent in Stokes County is $766/month, while owner costs run $750/month. Owning saves approximately $16/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $30,640/year. For owner costs at the 28% rule, the required income is roughly $32,143/year. With a median household income of $60,039, most households can comfortably afford rent here. Notably, 24.0% of renter households in Stokes County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within North Carolina, Stokes County is more affordable than Swain County by roughly 7% ($766/mo vs $715/mo).

Affordability Calculator

See how your income compares to housing costs in Stokes County

$

Rent Burden

15.3%

of gross income

Max Housing (28% Rule)

$1,401

per month

Owner Cost Burden

15.0%

of gross income

The median home in Stokes County may be a stretch

Median home value is $186,800. Estimated monthly cost: $1,491 vs. your max of $1,401.

Rent Affordability Guide

Your rent-to-income ratio15.3%
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: $60,039Needed: $30,640
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $60,039Needed: $32,143
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $60,039Needed: $43,473

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 Stokes County, North Carolina?
Stokes County, North Carolina has a median monthly rent of $766/mo and a median home value of $186,800. The affordability rating is Unaffordable, with rent making up approximately 24.0% of median household income.
What is the median rent in Stokes County?
The median gross rent in Stokes County is $766/mo. This is 18% below state average for North Carolina.
Is Stokes County affordable?
Stokes County is rated Unaffordable based on rent-to-income ratio of 24.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Stokes County's rent compare to the state average?
Stokes 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 Stokes County?
The median home value in Stokes County, North Carolina is $186,800. This is 34% 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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