Cost of Living in Creedmoor, NC

Population 4,957 · North Carolina · Data vintage 2023

84
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Creedmoor is a smaller North Carolina community of around 5000 residents, where median household incomes of $77,799 and housing costs ($260,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. Unemployment has stayed elevated relative to the national figure — 6.1% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Creedmoor sits roughly 15 miles northeast of Durham — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 27% lower than Durham's $355,000.

Cost Overview

Housing 85
Rent 83

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

About the Cost of Living in Creedmoor

The median home value in Creedmoor is $260,000 — 15% below the national median of $305,000. Median rent runs $1,087/month, 17% lower than the national median of $1,314/month. The median household income of $77,799/year is 4% higher than the US median of $74,580. The local unemployment rate is 6.1%, 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 72.0°F and lows of 50.4°F, with about 5.2" of annual snowfall. Overall, Creedmoor has a cost of living index of 84 versus the US average of 100, meaning it is 16% less expensive.

🏠 Housing

Median Home Value
$260,000
15% below avg
Zillow Home Value
$335,659
Zillow ZHVI
Median Rent
$1,087/mo
17% below avg
Price-to-Rent Ratio
19.9x
Favors buying
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 77.9%
Renter-occupied 22.1%

💰 Estimated Monthly Budget

Rent median rent
$1,087
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,701/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
37.3 min
38% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
14.7%

Commute Mode

Drove alone
77.4%
Carpooled
7.7%
Work from home
14.7%

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
$77,799
4% above avg
Per Capita Income
$35,713
Unemployment Rate
6.1%
27% above avg
Poverty Rate
12.2%
Labor Force Participation
61.2%

🎓 Education

Bachelor's degree+ 19.1%
Graduate degree 11.9%

👥 Demographics

Median Age 43.2
Male median age 45
Female median age 43.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
72.0°F
Avg Low
50.4°F
Annual Precip
46.1"
Annual Snowfall
5.2"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 525663738087918983736355
Low °F 323440495866706963504034
Precip" 3.432.784.103.533.383.895.024.715.153.373.323.39
Snow" 2.61.40.30.00.00.00.00.00.00.00.10.8

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 43 — Good
83.5%
Good air days/yr
105
Max AQI recorded
0
PM2.5 days
242
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

95%
4-Year Graduation Rate
13.4:1
Student-teacher ratio
1
Public schools
1,089
Total enrollment

Frequently Asked Questions

What is the cost of living in Creedmoor, NC?

Creedmoor has a cost index of 84 (100 = national average). It is 16% below the national average.

What is average rent in Creedmoor, NC?

The median gross rent in Creedmoor is $1,087 per month based on 2023 Census data.

What is the average home price in Creedmoor?

The median home value in Creedmoor is $260,000 according to Zillow and Census data.

What is the median income in Creedmoor?

The median household income in Creedmoor is $77,799 per year (2023 ACS 5-year estimates).

What is the sales tax in Creedmoor, NC?

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

Is Creedmoor, NC affordable?

Yes, Creedmoor is generally considered affordable, with a cost of living index of 84 — about 16% below the US national average of 100.

What is the weather like in Creedmoor?

Creedmoor has average high temperatures of 72.0°F and average lows of 50.4°F. Annual precipitation is 46.1". Average annual snowfall is 5.2". Data from NOAA 1991–2020 Climate Normals.

Creedmoor at a Glance

Population
4,957
Median Income
$77,799
Home Value
$260,000
Median Rent
$1,087/mo
Unemployment
6.1%
Avg High Temp
72.0°F
Sales Tax
7.0%
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