CostBy County

Cost of Living in Wayne County, North Carolina

$965/mo
Median Monthly Rent
$178,700
Median Home Value

At a Glance

Median Monthly Rent
$965/mo
1% below state average
Median Home Value
$178,700
46% below national
Census GRAPI
28.7%
Median gross rent as % of renter income

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

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 Wayne County Compares

Median monthly rent comparison

Wayne County$965/mo
North Carolina Average$977/mo
National Median$1,413/mo

Detailed Housing Stats

$965/mo
Median Gross Rent
$178,700
Median Home Value
$928/mo
Monthly Owner Cost
28.7%
Census GRAPI

National Ranking

Affordability Rank

Wayne County ranks #1,996 of 3,142 counties for affordability (bottom 36%)

Most AffordableLeast Affordable

Sourced county brief

Wayne County Median Monthly Owner Costs Reach $928

The median selected monthly owner costs for all owner-occupied units in Wayne County are $928. This value is nearly identical to the North Carolina unweighted county mean for owner costs, which is $927. The median home value in the county was estimated at $178,700, compared to the unweighted state mean of $235,312. For renters, the median gross rent is $965 per month, which is $12 below the unweighted state mean of $977. The official median gross rent as a percentage of household income (GRAPI) in Wayne County is 28.7 percent, which is 0.2 percentage points below the state unweighted county mean of 28.9 percent. Renter households in the county had a median income of $40,456. These figures are snapshots from the 2020-2024 American Community Survey estimates. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Wayne County

Affordability Verdict

ACS B25071 estimates median gross rent at 28.7% of renter household income in Wayne 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 $965 per month; median selected monthly owner costs are $928. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $38,600 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. Wayne County's $965 median is 1.2% below that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Wayne County

$

Rent Burden

19.4%

of gross income

Max Housing (28% Rule)

$1,394

per month

Owner Cost Burden

18.6%

of gross income

The median home in Wayne County may be a stretch

Median home value is $178,700. Estimated monthly cost: $1,427 vs. your max of $1,394.

Rent Affordability Guide

Your entered rent as a share of entered income19.4%
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: $59,733Needed: $38,600
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $59,733Needed: $39,771
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $59,733Needed: $41,588

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 Wayne County, North Carolina?
Wayne County, North Carolina has a median monthly rent of $965/mo and a median home value of $178,700. The affordability rating is Affordable, with median gross rent equal to approximately 28.7% of renter household income.
What is the median rent in Wayne County?
The median gross rent in Wayne County is $965/mo. This is 1% below state average for North Carolina.
Is Wayne County affordable?
Wayne County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 28.7%. Median gross rent is under 30% of renter household income.
How does Wayne County's rent compare to the state average?
Wayne County's median rent of $965/mo is 1% below state average of $977/mo for North Carolina.
What is the median home value in Wayne County?
The median home value in Wayne County, North Carolina is $178,700. This is 46% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: 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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