Cost of Living in Lewisville, NC

Population 13,655 · North Carolina · Data vintage 2023

88
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Lewisville 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. An unemployment rate of 2.9% points to a labor market well on the tight side of the national distribution.

Geographically, Lewisville sits roughly 9 miles west of Winston-Salem. Median home values run roughly 37% higher than Winston-Salem's $208,000.

Cost Overview

Housing 93
Rent 81

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

About the Cost of Living in Lewisville

The median home value in Lewisville is $284,300 — 7% below the national median of $305,000. Median rent runs $1,059/month, 19% lower than the national median of $1,314/month. The median household income of $84,424/year is 13% higher than the US median of $74,580. The local unemployment rate is 2.9%, 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 69.4°F and lows of 49.6°F. Overall, Lewisville has a cost of living index of 88 versus the US average of 100, meaning it is 12% less expensive.

🏠 Housing

Median Home Value
$284,300
7% below avg
Zillow Home Value
$394,939
Zillow ZHVI
Median Rent
$1,059/mo
19% below avg
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 84.6%
Renter-occupied 15.4%

💰 Estimated Monthly Budget

Rent median rent
$1,059
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,673/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
26.2 min
3% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
16.1%

Commute Mode

Drove alone
78.6%
Carpooled
4.2%
Walked
0.7%
Work from home
16.1%

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
$84,424
13% above avg
Per Capita Income
$42,062
Unemployment Rate
2.9%
41% below avg
Poverty Rate
10.3%
Labor Force Participation
64.3%

🎓 Education

Bachelor's degree+ 33.4%
Graduate degree 11.6%

👥 Demographics

Median Age 41.8
Male median age 40.8
Female median age 42.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
69.4°F
Avg Low
49.6°F
Annual Precip
43.2"
30° 45° 60° 75° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 495361717885888680716052
Low °F 313340485765696861493934
Precip" 3.352.893.603.713.763.644.244.513.863.283.063.30

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 52 — Moderate
45.2%
Good air days/yr
154
Max AQI recorded
251
PM2.5 days
111
Ozone days

Frequently Asked Questions

What is the cost of living in Lewisville, NC?

Lewisville has a cost index of 88 (100 = national average). It is 12% below the national average.

What is average rent in Lewisville, NC?

The median gross rent in Lewisville is $1,059 per month based on 2023 Census data.

What is the average home price in Lewisville?

The median home value in Lewisville is $284,300 according to Zillow and Census data.

What is the median income in Lewisville?

The median household income in Lewisville is $84,424 per year (2023 ACS 5-year estimates).

What is the sales tax in Lewisville, NC?

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

Is Lewisville, NC affordable?

Yes, Lewisville is generally considered affordable, with a cost of living index of 88 — about 12% below the US national average of 100.

What is the weather like in Lewisville?

Lewisville has average high temperatures of 69.4°F and average lows of 49.6°F. Annual precipitation is 43.2". Data from NOAA 1991–2020 Climate Normals.

Lewisville at a Glance

Population
13,655
Median Income
$84,424
Home Value
$284,300
Median Rent
$1,059/mo
Unemployment
2.9%
Avg High Temp
69.4°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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