Cost of Living in Transylvania County, North Carolina
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Transylvania County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Transylvania County ranks #1,832 of 3,142 counties for affordability (bottom 42%)
Sourced county brief
Transylvania County Median Home Value Reaches $373,600
Median home value in Transylvania County was estimated at $373,600. This figure is above the North Carolina unweighted county mean of $235,312. Median gross rent for the county was $967 per month, which is slightly below the state unweighted county mean of $977. The median renter-household income was $38,932. For those in owner-occupied units, the median monthly owner cost was $831, below the state unweighted county mean of $927. The official GRAPI (gross rent as a percentage of household income) was 29.1%. This official percentage is 0.2 percentage points higher than the North Carolina unweighted county mean for official GRAPI of 28.9%. Statistics are from the 2020-2024 5-Year American Community Survey. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Transylvania County
Affordability Verdict
ACS B25071 estimates median gross rent at 29.1% of renter household income in Transylvania County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $967 per month; median selected monthly owner costs are $831. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $38,680 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The North Carolina unweighted mean of county median rents is $977 per month. Transylvania County's $967 median is 1.0% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Transylvania County
Rent Burden
17.5%
of gross income
Max Housing (28% Rule)
$1,544
per month
Owner Cost Burden
15.1%
of gross income
The median home in Transylvania County may be a stretch
Median home value is $373,600. Estimated monthly cost: $2,983 vs. your max of $1,544.
Rent Affordability Guide
Income Needed Calculator
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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
What is the cost of living in Transylvania County, North Carolina?
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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