Cost of Living in Fletcher, NC

Population 8,022 · North Carolina · Data vintage 2023

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

Fletcher is a smaller North Carolina community of around 8000 residents, where median household incomes of $75,117 and housing costs ($324,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Fletcher lies roughly 90 miles east 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 51% higher than Knoxville's $214,000.

Cost Overview

Housing 106
Rent 92

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

About the Cost of Living in Fletcher

The median home value in Fletcher is $324,000 — 6% above the national median of $305,000. Median rent runs $1,207/month, 8% lower than the national median of $1,314/month. The median household income of $75,117/year is 1% higher than the US median of $74,580. The local unemployment rate is 3.9%, 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 68.2°F and lows of 46.3°F, with about 10.3" of annual snowfall. Overall, Fletcher has a cost of living index of 100 versus the US average of 100, meaning it is on par with the national average.

🏠 Housing

Median Home Value
$324,000
6% above avg
Zillow Home Value
$439,975
Zillow ZHVI
Median Rent
$1,207/mo
8% below avg
Zillow Rent
$2,198/mo
Zillow ZORI
Price-to-Rent Ratio
22.4x
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 82.1%
Renter-occupied 17.9%

💰 Estimated Monthly Budget

Rent median rent
$1,207
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,821/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
20.8 min
23% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.7%

Commute Mode

Drove alone
83.5%
Carpooled
6.4%
Walked
0.5%
Work from home
9.7%

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
$75,117
1% above avg
Per Capita Income
$37,897
Unemployment Rate
3.9%
18% below avg
Poverty Rate
7.4%
Labor Force Participation
60.0%

🎓 Education

Bachelor's degree+ 30.0%
Graduate degree 9.1%

👥 Demographics

Median Age 45.5
Male median age 44.7
Female median age 46.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
68.2°F
Avg Low
46.3°F
Annual Precip
49.6"
Annual Snowfall
10.3"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 495360697683858479706052
Low °F 293137455361656458463631
Precip" 4.133.463.804.174.134.794.675.044.133.373.724.18
Snow" 3.61.91.90.20.00.00.00.00.00.00.22.5

Frequently Asked Questions

What is the cost of living in Fletcher, NC?

Fletcher has a cost index of 100 (100 = national average). It is near the national average.

What is average rent in Fletcher, NC?

The median gross rent in Fletcher is $1,207 per month based on 2023 Census data.

What is the average home price in Fletcher?

The median home value in Fletcher is $324,000 according to Zillow and Census data.

What is the median income in Fletcher?

The median household income in Fletcher is $75,117 per year (2023 ACS 5-year estimates).

What is the sales tax in Fletcher, NC?

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

Is Fletcher, NC affordable?

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

What is the weather like in Fletcher?

Fletcher has average high temperatures of 68.2°F and average lows of 46.3°F. Annual precipitation is 49.6". Average annual snowfall is 10.3". Data from NOAA 1991–2020 Climate Normals.

Fletcher at a Glance

Population
8,022
Median Income
$75,117
Home Value
$324,000
Median Rent
$1,207/mo
Unemployment
3.9%
Avg High Temp
68.2°F
Sales Tax
7.0%
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