Cost of Living in Union County, North Carolina

$1,390/mo
Median Monthly Rent
$374,400
Median Home Value

At a Glance

Median Monthly Rent
$1,390/mo
48% above state average
Median Home Value
$374,400
33% above national
Rent-to-Income Ratio
26.0%
% 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 Union County Compares

Median monthly rent comparison

Union County$1,390/mo
North Carolina Average$938/mo
National Median$1,163/mo

Detailed Housing Stats

$1,390/mo
Median Gross Rent
$374,400
Median Home Value
$1,494/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Union County ranks #1,989 of 3,144 counties for affordability (bottom 37%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Union County, North Carolina

Union's Affluent Households Ease Housing Burden

Union County's median household income of $99,243 ranks 33% above the national average of $74,755, allowing residents to absorb higher housing costs more easily. At a 16.8% rent-to-income ratio, the county stays comfortably below the national standard despite median rents of $1,390.

Affluent County, Reasonable Affordability

Union County ranks above the state average in income but maintains a 16.8% rent-to-income ratio that beats North Carolina's 18.6% average. This exceptional balance reflects the county's strong wage growth, which has outpaced housing cost increases.

Suburban Prosperity Near Charlotte

Union County's $1,390 median rent exceeds most rural neighbors but reflects its suburban Charlotte character and higher incomes. Compared to Wake County ($1,508) and Watauga County ($1,066), Union occupies the middle ground for housing costs while offering the second-highest median income in this group.

High Income Offsets Housing Costs

Renters pay $1,390 monthly while homeowners face $1,494, representing 16.8% and 15.0% of median income respectively. With a median home value of $374,400, Union's housing market is expensive in absolute terms but manageable for its above-average wage earners.

Union: Affordability Through High Wages

If you're earning a strong income and value suburban proximity to Charlotte, Union delivers balanced affordability at 16.8% rent-to-income—among the best in the state. Job seekers should prioritize whether suburban Charlotte's employment opportunities justify higher absolute housing costs than rural alternatives.

Cost of Living Advisory: Union County

Affordability Verdict

Union County offers affordable rental housing at a median of $1,390/month — about 16.8% of the typical household income here.

Rent vs. Own

At $1,390/month rent versus $1,494/month in owner costs, renting is roughly $104/month cheaper — a 7% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $55,600/year. For owner costs at the 28% rule, the required income is roughly $64,029/year. With a median household income of $99,243, most households can comfortably afford rent here. Notably, 26.0% of renter households in Union County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Union County sits 6% more expensive than Dare County ($1,307/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Union County

$

Rent Burden

16.8%

of gross income

Max Housing (28% Rule)

$2,316

per month

Owner Cost Burden

18.1%

of gross income

The median home in Union County may be a stretch

Median home value is $374,400. Estimated monthly cost: $2,989 vs. your max of $2,316.

Rent Affordability Guide

Your rent-to-income ratio16.8%
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: $99,243Needed: $55,600
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $99,243Needed: $64,029
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $99,243Needed: $87,133

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 Union County, North Carolina?
Union County, North Carolina has a median monthly rent of $1,390/mo and a median home value of $374,400. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Union County?
The median gross rent in Union County is $1,390/mo. This is 48% above state average for North Carolina.
Is Union County affordable?
Union County is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Union County's rent compare to the state average?
Union County's median rent of $1,390/mo is 48% above state average of $938/mo for North Carolina.
What is the median home value in Union County?
The median home value in Union County, North Carolina is $374,400. This is 33% above 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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