Cost of Living in Tyrrell County, North Carolina
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Tyrrell County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Tyrrell County, North Carolina
Tyrrell's Rent Burden Beats National Trend
At 16.7%, Tyrrell County's rent-to-income ratio sits well below the national benchmark, meaning renters here spend a smaller share of earnings on housing. The county's median rent of $612 per month is also notably affordable compared to the national context where median household incomes reach $74,755 versus Tyrrell's $43,952.
Most Affordable Rents in North Carolina
Tyrrell ranks among North Carolina's most affordable counties for renters, with a 16.7% rent-to-income ratio that beats the state average of 18.6%. The median rent of $612 undercuts the state average of $938 by 35%, making this county a standout for cost-conscious renters.
Eastern NC's Most Budget-Friendly Option
Tyrrell's $612 monthly rent is the lowest in its region, outpacing nearby Washington County ($829) and Vance County ($860). With median home values at $138,400, Tyrrell offers the rare combination of low rents and modest home prices across Eastern North Carolina.
Housing Takes 16.7% of Income Here
Renters in Tyrrell spend roughly $612 monthly while homeowners pay $663, both remarkably low given the county's median income of $43,952. Together, these numbers show housing costs consume just over one-sixth of typical household income, leaving more money for other necessities.
Consider Tyrrell for Maximum Affordability
If housing costs are your primary concern, Tyrrell County delivers the lowest rent-to-income ratio in this comparison at 16.7% and median rents 35% below state average. The tradeoff: this rural county offers limited job markets compared to urbanizing neighbors, so weigh affordability against employment opportunities in your field.
Affordability Calculator
See how your income compares to housing costs in Tyrrell County
Rent Burden
16.7%
of gross income
Max Housing (28% Rule)
$1,026
per month
Owner Cost Burden
18.1%
of gross income
The median home in Tyrrell County may be a stretch
Median home value is $138,400. Estimated monthly cost: $1,105 vs. your max of $1,026.
Rent Affordability Guide
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.