Cost of Living in Glen Raven, NC
Population 3,684 · North Carolina · Data vintage 2023
(100 = US avg)
Buyers in Glen Raven can reasonably expect a home to cost less than three years of household income — $204,000 against $64,189 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. The labor market has been unusually tight, with unemployment around 2.3% — below most comparable cities in the state.
Located 20 miles east of Greensboro, Glen Raven falls within that metro's commuting orbit. Median home values run roughly 8% lower than Greensboro's $221,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Glen Raven
The median home value in Glen Raven is $204,000 — 33% below the national median of $305,000. Median rent runs $729/month, 45% lower than the national median of $1,314/month. The median household income of $64,189/year is 14% lower than the US median of $74,580. The local unemployment rate is 2.3%, 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, Glen Raven has a cost of living index of 62 versus the US average of 100, meaning it is 38% less expensive.
Glen Raven has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 52 | 56 | 64 | 74 | 80 | 88 | 91 | 89 | 83 | 73 | 63 | 55 |
| Low °F | 30 | 33 | 39 | 48 | 57 | 65 | 70 | 68 | 62 | 49 | 38 | 33 |
| Precip" | 3.07 | 2.81 | 3.88 | 3.83 | 3.37 | 4.28 | 4.65 | 3.53 | 4.40 | 3.09 | 3.27 | 3.12 |
Frequently Asked Questions
What is the cost of living in Glen Raven, NC?
Glen Raven has a cost index of 62 (100 = national average). It is 38% below the national average.
What is average rent in Glen Raven, NC?
The median gross rent in Glen Raven is $729 per month based on 2023 Census data.
What is the average home price in Glen Raven?
The median home value in Glen Raven is $204,000 according to Zillow and Census data.
What is the median income in Glen Raven?
The median household income in Glen Raven is $64,189 per year (2023 ACS 5-year estimates).
What is the sales tax in Glen Raven, NC?
The combined state and local sales tax rate in Glen Raven is 7.0%. The North Carolina state income tax top rate is 4.5%.
Is Glen Raven, NC affordable?
Yes, Glen Raven is generally considered affordable, with a cost of living index of 62 — about 38% below the US national average of 100.
What is the weather like in Glen Raven?
Glen Raven 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.
Glen Raven at a Glance
- Population
- 3,684
- Median Income
- $64,189
- Home Value
- $204,000
- Median Rent
- $729/mo
- Unemployment
- 2.3%
- Avg High Temp
- 72.2°F
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
North Carolina Rankings
Similar Cost Cities
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