Cost of Living in Kings Grant, NC

Population 9,061 · North Carolina · Data vintage 2023

90
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Kings Grant sits on the smaller end of the North Carolina city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.

Located <5 miles northeast of Wilmington, Kings Grant falls within that metro's commuting orbit. Median home values run roughly 26% lower than Wilmington's $350,000.

Cost Overview

Housing 85
Rent 98

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

About the Cost of Living in Kings Grant

The median home value in Kings Grant is $258,200 — 15% below the national median of $305,000. Median rent runs $1,290/month, 2% lower than the national median of $1,314/month. The median household income of $60,009/year is 20% lower than the US median of $74,580. The local unemployment rate is 3.1%, 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 74.4°F and lows of 54.4°F. Overall, Kings Grant has a cost of living index of 90 versus the US average of 100, meaning it is 10% less expensive.

🏠 Housing

Median Home Value
$258,200
15% below avg
Median Rent
$1,290/mo
2% below avg
Price-to-Rent Ratio
16.7x
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 64.7%
Renter-occupied 35.3%

💰 Estimated Monthly Budget

Rent median rent
$1,290
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,904/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
24.4 min
10% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
21.7%

Commute Mode

Drove alone
66.8%
Carpooled
11.5%
Work from home
21.7%

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
$60,009
20% below avg
Per Capita Income
$31,886
Unemployment Rate
3.1%
36% below avg
Poverty Rate
14.1%
Labor Force Participation
69.2%

🎓 Education

Bachelor's degree+ 18.3%
Graduate degree 7.5%

👥 Demographics

Median Age 37.6
Male median age 37.9
Female median age 36.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
74.4°F
Avg Low
54.4°F
Annual Precip
60.1"
Annual Snowfall
0.9"
30° 45° 60° 75° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 576067758187908884766760
Low °F 363844536169737267564539
Precip" 3.813.473.973.074.545.676.868.168.694.663.563.69
Snow" 0.70.20.00.00.00.00.00.00.00.00.00.0

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 44 — Good
65.5%
Good air days/yr
142
Max AQI recorded
271
PM2.5 days
91
Ozone days

Frequently Asked Questions

What is the cost of living in Kings Grant, NC?

Kings Grant has a cost index of 90 (100 = national average). It is 10% below the national average.

What is average rent in Kings Grant, NC?

The median gross rent in Kings Grant is $1,290 per month based on 2023 Census data.

What is the average home price in Kings Grant?

The median home value in Kings Grant is $258,200 according to 2023 Census ACS data.

What is the median income in Kings Grant?

The median household income in Kings Grant is $60,009 per year (2023 ACS 5-year estimates).

What is the sales tax in Kings Grant, NC?

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

Is Kings Grant, NC affordable?

Kings Grant is near the national average in terms of cost of living, with an index of 90 (100 = US average).

What is the weather like in Kings Grant?

Kings Grant has average high temperatures of 74.4°F and average lows of 54.4°F. Annual precipitation is 60.1". Average annual snowfall is 0.9". Data from NOAA 1991–2020 Climate Normals.

Kings Grant at a Glance

Population
9,061
Median Income
$60,009
Home Value
$258,200
Median Rent
$1,290/mo
Unemployment
3.1%
Avg High Temp
74.4°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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