Cost of Living in Washington County, North Carolina

$829/mo
Median Monthly Rent
$107,000
Median Home Value
12% below state averageUnaffordable

At a Glance

Median Monthly Rent
$829/mo
12% below state average
Median Home Value
$107,000
62% below national
Rent-to-Income Ratio
31.0%
% 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 Washington County Compares

Median monthly rent comparison

Washington County$829/mo
North Carolina Average$938/mo
National Median$1,163/mo

Detailed Housing Stats

$829/mo
Median Gross Rent
$107,000
Median Home Value
$702/mo
Monthly Owner Cost
31.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Washington County, North Carolina

Washington's Rent Burden Peaks in Region

Washington County's 23.8% rent-to-income ratio ranks as the highest in this comparison and far exceeds national norms, despite modest absolute rents of $829. The median income of $41,750 stands 44% below the national average, creating the tightest housing affordability squeeze in this analysis.

Most Strained Affordability in NC Analysis

Washington County's 23.8% rent-to-income ratio significantly exceeds North Carolina's 18.6% average, ranking as the least affordable county in this group. The combination of low wages and relatively high rents creates substantial financial pressure on area residents.

Hardest Hit by Housing-Income Mismatch

Washington's $829 rent isn't the highest in the region, but its $41,750 median income is the lowest, creating the worst affordability ratio of any county here. This rural area faces the steepest housing-to-wage challenge across Eastern North Carolina.

Nearly One-Quarter of Income to Rent

Washington renters spend $829 monthly (23.8% of income) while homeowners pay $702 (20.2%), both well above sustainable affordability levels. Even homeownership provides little relief in an economy where median wages severely lag housing costs.

Washington Demands External Income Support

Washington County's 23.8% rent-to-income ratio is the highest in this analysis, signaling serious affordability challenges even for modest absolute housing costs. Consider this county only if you have family support, remote employment above area wages, or pension income supplementing local opportunities.

Affordability Calculator

See how your income compares to housing costs in Washington County

$

Rent Burden

23.8%

of gross income

Max Housing (28% Rule)

$974

per month

Owner Cost Burden

20.2%

of gross income

You can likely afford the median home in Washington County

Median home value is $107,000. Estimated monthly cost: $854 vs. your max of $974.

Rent Affordability Guide

Your rent-to-income ratio23.8%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Washington County, North Carolina?
Washington County, North Carolina has a median monthly rent of $829/mo and a median home value of $107,000. The affordability rating is Unaffordable, with rent making up approximately 31.0% of median household income.
What is the median rent in Washington County?
The median gross rent in Washington County is $829/mo. This is 12% below state average for North Carolina.
Is Washington County affordable?
Washington County is rated Unaffordable based on rent-to-income ratio of 31.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Washington County's rent compare to the state average?
Washington County's median rent of $829/mo is 12% below state average of $938/mo for North Carolina.
What is the median home value in Washington County?
The median home value in Washington County, North Carolina is $107,000. This is 62% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.