Cost of Living in Locust, NC
Population 5,529 · North Carolina · Data vintage 2023
(100 = US avg)
Locust is a smaller North Carolina community of around 6000 residents, where median household incomes of $78,280 and housing costs ($286,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.
Geographically, Locust sits roughly 14 miles southeast of Concord. Median home values run roughly 13% lower than Concord's $328,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Locust
The median home value in Locust is $285,800 — 6% below the national median of $305,000. Median rent runs $887/month, 32% lower than the national median of $1,314/month. The median household income of $78,280/year is 5% 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 72.3°F and lows of 50.2°F. Overall, Locust has a cost of living index of 83 versus the US average of 100, meaning it is 17% less expensive.
Locust 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 | 53 | 57 | 64 | 73 | 80 | 87 | 91 | 89 | 83 | 73 | 63 | 55 |
| Low °F | 32 | 35 | 41 | 49 | 57 | 65 | 69 | 68 | 62 | 50 | 40 | 34 |
| Precip" | 3.00 | 2.77 | 3.19 | 2.90 | 2.89 | 3.73 | 3.63 | 3.79 | 3.18 | 2.97 | 2.91 | 2.96 |
Frequently Asked Questions
What is the cost of living in Locust, NC?
Locust has a cost index of 83 (100 = national average). It is 17% below the national average.
What is average rent in Locust, NC?
The median gross rent in Locust is $887 per month based on 2023 Census data.
What is the average home price in Locust?
The median home value in Locust is $285,800 according to Zillow and Census data.
What is the median income in Locust?
The median household income in Locust is $78,280 per year (2023 ACS 5-year estimates).
What is the sales tax in Locust, NC?
The combined state and local sales tax rate in Locust is 7.0%. The North Carolina state income tax top rate is 4.5%.
Is Locust, NC affordable?
Yes, Locust is generally considered affordable, with a cost of living index of 83 — about 17% below the US national average of 100.
What is the weather like in Locust?
Locust has average high temperatures of 72.3°F and average lows of 50.2°F. Annual precipitation is 37.9". Data from NOAA 1991–2020 Climate Normals.
Locust at a Glance
- Population
- 5,529
- Median Income
- $78,280
- Home Value
- $285,800
- Median Rent
- $887/mo
- Unemployment
- 3.9%
- Avg High Temp
- 72.3°F
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
North Carolina Rankings
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