Cost of Living in Wilkes County, North Carolina

$715/mo
Median Monthly Rent
$161,400
Median Home Value
24% below state averageUnaffordable

At a Glance

Median Monthly Rent
$715/mo
24% below state average
Median Home Value
$161,400
43% below 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 Wilkes County Compares

Median monthly rent comparison

Wilkes County$715/mo
North Carolina Average$938/mo
National Median$1,163/mo

Detailed Housing Stats

$715/mo
Median Gross Rent
$161,400
Median Home Value
$568/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Wilkes County, North Carolina

Wilkes beats national affordability

Wilkes County's rent-to-income ratio of 17.0% sits comfortably below the national benchmark, meaning renters here spend less of their paychecks on housing than typical American households. With a median household income of $50,438 compared to the national median of $74,755, Wilkes residents earn less but pay proportionally lower housing costs, creating genuine affordability.

Among North Carolina's most affordable

At 17.0%, Wilkes County's rent-to-income ratio outperforms the state average of 18.6%, ranking it as one of North Carolina's most housing-affordable counties. This advantage stems from both reasonable rent ($715/month versus the state average of $938) and a cost of living that aligns with local incomes.

Wilkes renters win the region

Wilkes County offers the cheapest rent in this four-county comparison at $715/month, undercut only by Yadkin County's $734. Homeowners here also benefit, with a median owner cost of $568/month—the lowest among these peers—making Wilkes the region's most accessible county for both renters and buyers.

Housing costs as a percent of income

Wilkes County households spend roughly $715 monthly on rent or $568 on mortgage payments against a median income of $50,438 annually ($4,203/month). This leaves renters with 17% of income dedicated to housing and owners with just 13.5%, freeing up money for other essentials.

Relocating? Wilkes deserves consideration

If affordability is your priority, Wilkes County delivers lower rent and owner costs than state and national averages without sacrificing community infrastructure. Compare Wilkes to neighboring Wilson and Yadkin counties to find your ideal balance of cost, income opportunity, and lifestyle.

Affordability Calculator

See how your income compares to housing costs in Wilkes County

$

Rent Burden

17.0%

of gross income

Max Housing (28% Rule)

$1,177

per month

Owner Cost Burden

13.5%

of gross income

The median home in Wilkes County may be a stretch

Median home value is $161,400. Estimated monthly cost: $1,289 vs. your max of $1,177.

Rent Affordability Guide

Your rent-to-income ratio17.0%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Wilkes County, North Carolina?
Wilkes County, North Carolina has a median monthly rent of $715/mo and a median home value of $161,400. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Wilkes County?
The median gross rent in Wilkes County is $715/mo. This is 24% below state average for North Carolina.
Is Wilkes County affordable?
Wilkes 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 Wilkes County's rent compare to the state average?
Wilkes County's median rent of $715/mo is 24% below state average of $938/mo for North Carolina.
What is the median home value in Wilkes County?
The median home value in Wilkes County, North Carolina is $161,400. This is 43% below the national median home value of $281,900.
Sponsored

Planning a Move?

Researching the cost of living in Wilkes County, North Carolina? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes

Counties with Similar Housing Costs

Sponsored

Compare Mortgage Rates in Wilkes County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.