Cost of Living in Farmville, NC

Population 4,493 · North Carolina · Data vintage 2023

67
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Farmville a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $185,000. A poverty rate near 27% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.

Geographically, Farmville is about 60 miles east of Raleigh, the nearest large metro. Median home values run roughly 51% lower than Raleigh's $378,000.

Cost Overview

Housing 61
Rent 78

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

About the Cost of Living in Farmville

The median home value in Farmville is $184,900 — 39% below the national median of $305,000. Median rent runs $1,019/month, 22% lower than the national median of $1,314/month. The median household income of $50,870/year is 32% lower than the US median of $74,580. The local unemployment rate is 1.0%, below 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 71.8°F and lows of 49.3°F. Overall, Farmville has a cost of living index of 67 versus the US average of 100, meaning it is 33% less expensive.

🏠 Housing

Median Home Value
$184,900
39% below avg
Zillow Home Value
$202,193
Zillow ZHVI
Median Rent
$1,019/mo
22% below avg
Price-to-Rent Ratio
15.1x
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 55.3%
Renter-occupied 44.7%

💰 Estimated Monthly Budget

Rent median rent
$1,019
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,633/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
31.0 min
15% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.6%

Commute Mode

Drove alone
71.4%
Carpooled
14.1%
Work from home
12.6%

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
$50,870
32% below avg
Per Capita Income
$31,983
Unemployment Rate
1.0%
78% below avg
Poverty Rate
26.9%
Labor Force Participation
56.8%

🎓 Education

Bachelor's degree+ 15.9%
Graduate degree 10.3%

👥 Demographics

Median Age 41.6
Male median age 43.4
Female median age 41.4

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
71.8°F
Avg Low
49.3°F
Annual Precip
44.4"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 525563738087918883736355
Low °F 313339485665696862503934
Precip" 3.512.873.973.612.923.904.594.924.913.163.092.93

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 42 — Good
70.1%
Good air days/yr
118
Max AQI recorded
245
PM2.5 days
120
Ozone days

Frequently Asked Questions

What is the cost of living in Farmville, NC?

Farmville has a cost index of 67 (100 = national average). It is 33% below the national average.

What is average rent in Farmville, NC?

The median gross rent in Farmville is $1,019 per month based on 2023 Census data.

What is the average home price in Farmville?

The median home value in Farmville is $184,900 according to Zillow and Census data.

What is the median income in Farmville?

The median household income in Farmville is $50,870 per year (2023 ACS 5-year estimates).

What is the sales tax in Farmville, NC?

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

Is Farmville, NC affordable?

Yes, Farmville is generally considered affordable, with a cost of living index of 67 — about 33% below the US national average of 100.

What is the weather like in Farmville?

Farmville has average high temperatures of 71.8°F and average lows of 49.3°F. Annual precipitation is 44.4". Data from NOAA 1991–2020 Climate Normals.

Farmville at a Glance

Population
4,493
Median Income
$50,870
Home Value
$184,900
Median Rent
$1,019/mo
Unemployment
1.0%
Avg High Temp
71.8°F
Sales Tax
7.0%
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🗺️ County data for North Carolina

Explore county-level cost of living data

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