Cost of Living in Gibsonville, NC

Population 9,289 · North Carolina · Data vintage 2023

78
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 Gibsonville a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $262,000.

Gibsonville sits roughly 15 miles east of Greensboro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 19% higher than Greensboro's $221,000.

Cost Overview

Housing 86
Rent 66

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

About the Cost of Living in Gibsonville

The median home value in Gibsonville is $262,400 — 14% below the national median of $305,000. Median rent runs $865/month, 34% lower than the national median of $1,314/month. The median household income of $105,981/year is 42% higher than the US median of $74,580. The local unemployment rate is 3.2%, 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 72.2°F and lows of 49.2°F. Overall, Gibsonville has a cost of living index of 78 versus the US average of 100, meaning it is 22% less expensive.

🏠 Housing

Median Home Value
$262,400
14% below avg
Zillow Home Value
$302,512
Zillow ZHVI
Median Rent
$865/mo
34% below avg
Zillow Rent
$1,776/mo
Zillow ZORI
Price-to-Rent Ratio
25.3x
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 83.4%
Renter-occupied 16.6%

💰 Estimated Monthly Budget

Rent median rent
$865
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,479/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
26.6 min
1% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.2%

Commute Mode

Drove alone
79.6%
Carpooled
11.4%
Walked
0.3%
Work from home
6.2%

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
$105,981
42% above avg
Per Capita Income
$41,384
Unemployment Rate
3.2%
34% below avg
Poverty Rate
8.4%
Labor Force Participation
68.1%

🎓 Education

Bachelor's degree+ 23.5%
Graduate degree 14.9%

👥 Demographics

Median Age 41.7
Male median age 41.9
Female median age 40.4

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
72.2°F
Avg Low
49.2°F
Annual Precip
43.3"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 525664748088918983736355
Low °F 303339485765706862493833
Precip" 3.072.813.883.833.374.284.653.534.403.093.273.12

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 50 — Good
50.1%
Good air days/yr
131
Max AQI recorded
248
PM2.5 days
112
Ozone days

Frequently Asked Questions

What is the cost of living in Gibsonville, NC?

Gibsonville has a cost index of 78 (100 = national average). It is 22% below the national average.

What is average rent in Gibsonville, NC?

The median gross rent in Gibsonville is $865 per month based on 2023 Census data.

What is the average home price in Gibsonville?

The median home value in Gibsonville is $262,400 according to Zillow and Census data.

What is the median income in Gibsonville?

The median household income in Gibsonville is $105,981 per year (2023 ACS 5-year estimates).

What is the sales tax in Gibsonville, NC?

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

Is Gibsonville, NC affordable?

Yes, Gibsonville is generally considered affordable, with a cost of living index of 78 — about 22% below the US national average of 100.

What is the weather like in Gibsonville?

Gibsonville has average high temperatures of 72.2°F and average lows of 49.2°F. Annual precipitation is 43.3". Data from NOAA 1991–2020 Climate Normals.

Gibsonville at a Glance

Population
9,289
Median Income
$105,981
Home Value
$262,400
Median Rent
$865/mo
Unemployment
3.2%
Avg High Temp
72.2°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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