Cost of Living in Brevard, NC

Population 7,795 · North Carolina · Data vintage 2023

108
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $44,356, median household incomes in Brevard land roughly 41% below the US median, a gap that tends to persist across local labor-market indicators.

Brevard lies roughly 85 miles southeast of the nearest major metro, Knoxville — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 92% higher than Knoxville's $214,000.

Cost Overview

Housing 135
Rent 67

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Brevard

The median home value in Brevard is $411,000 — 35% above the national median of $305,000. Median rent runs $878/month, 33% lower than the national median of $1,314/month. The median household income of $44,356/year is 41% lower than the US median of $74,580. The local unemployment rate is 5.2%, above the national average of 4.8%. North Carolina's top state income tax rate is 4.5% and the combined sales tax is 7.0%. The climate averages highs of 66.4°F and lows of 44.4°F. Overall, Brevard has a cost of living index of 108 versus the US average of 100, meaning it is 8% more expensive.

🏠 Housing

Median Home Value
$411,000
35% above avg
Zillow Home Value
$455,138
Zillow ZHVI
Median Rent
$878/mo
33% below avg
Zillow Rent
$2,187/mo
Zillow ZORI
Price-to-Rent Ratio
39.0x
Favors renting
Property Tax Rate
0.8%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$826
1 BR
$860
2 BR
$1,049
3 BR
$1,384
4 BR
$1,637
Owner-occupied 50.1%
Renter-occupied 49.9%

💰 Estimated Monthly Budget

Rent median rent
$878
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,492/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
19.3 min
29% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.1%

Commute Mode

Drove alone
70.1%
Carpooled
8.1%
Walked
6.9%
Bicycle
3.2%
Work from home
11.1%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.5%
Total Sales Tax 7.0%
State rate 4.8%
Avg local rate 2.2%
Property Tax 0.8%

💼 Income & Employment

Median Household Income
$44,356
41% below avg
Per Capita Income
$36,137
Unemployment Rate
5.2%
8% above avg
Poverty Rate
17.2%
Labor Force Participation
50.2%

🎓 Education

Bachelor's degree+ 23.9%
Graduate degree 13.6%

👥 Demographics

Median Age 47.7
Male median age 46
Female median age 51.7

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
66.4°F
Avg Low
44.4°F
Annual Precip
51.4"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 485158677480838277685850
Low °F 272935425159636256443430
Precip" 4.393.653.954.284.244.775.324.734.363.463.884.38

🏫 Schools

NCES CCD 2019 — public school district data

83%
4-Year Graduation Rate
12.9:1
Student-teacher ratio
9
Public schools
3,399
Total enrollment

Frequently Asked Questions

What is the cost of living in Brevard, NC?

Brevard has a cost index of 108 (100 = national average). It is 8% above the national average.

What is average rent in Brevard, NC?

The median gross rent in Brevard is $878 per month based on 2023 Census data.

What is the average home price in Brevard?

The median home value in Brevard is $411,000 according to Zillow and Census data.

What is the median income in Brevard?

The median household income in Brevard is $44,356 per year (2023 ACS 5-year estimates).

What is the sales tax in Brevard, NC?

The combined state and local sales tax rate in Brevard is 7.0%. The North Carolina state income tax top rate is 4.5%.

Is Brevard, NC affordable?

Brevard is near the national average in terms of cost of living, with an index of 108 (100 = US average).

What is the weather like in Brevard?

Brevard has average high temperatures of 66.4°F and average lows of 44.4°F. Annual precipitation is 51.4". Data from NOAA 1991–2020 Climate Normals.

Brevard at a Glance

Population
7,795
Median Income
$44,356
Home Value
$411,000
Median Rent
$878/mo
Unemployment
5.2%
Avg High Temp
66.4°F
Sales Tax
7.0%
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Explore county-level cost of living data

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