Cost of Living in Louisburg, NC

Population 3,128 · North Carolina · Data vintage 2023

73
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $31,827, median household incomes in Louisburg land roughly 57% below the US median, a gap that tends to persist across local labor-market indicators. Around 37% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Louisburg is about 25 miles northeast of Raleigh, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 42% lower than Raleigh's $378,000.

Cost Overview

Housing 71
Rent 77

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

About the Cost of Living in Louisburg

The median home value in Louisburg is $217,400 — 29% below the national median of $305,000. Median rent runs $1,008/month, 23% lower than the national median of $1,314/month. The median household income of $31,827/year is 57% lower than the US median of $74,580. The local unemployment rate is 26.6%, above 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 71.8°F and lows of 49.3°F. Overall, Louisburg has a cost of living index of 73 versus the US average of 100, meaning it is 27% less expensive.

🏠 Housing

Median Home Value
$217,400
29% below avg
Zillow Home Value
$304,663
Zillow ZHVI
Median Rent
$1,008/mo
23% below avg
Zillow Rent
$1,343/mo
Zillow ZORI
Price-to-Rent Ratio
18.0x
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 32.3%
Renter-occupied 67.7%

💰 Estimated Monthly Budget

Rent median rent
$1,008
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,622/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
35.5 min
31% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
4.7%

Commute Mode

Drove alone
78.2%
Carpooled
13.4%
Walked
3.6%
Work from home
4.7%

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
$31,827
57% below avg
Per Capita Income
$19,273
Unemployment Rate
26.6%
453% above avg
Poverty Rate
37.0%
Labor Force Participation
44.9%

🎓 Education

Bachelor's degree+ 10.8%
Graduate degree 9.6%

👥 Demographics

Median Age 36.4
Male median age 27.3
Female median age 39.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
71.8°F
Avg Low
49.3°F
Annual Precip
44.4"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 525563738087918883736355
Low °F 313339485665696862503934
Precip" 3.512.873.973.612.923.904.594.924.913.163.092.93

🏫 Schools

NCES CCD 2019 — public school district data

85%
4-Year Graduation Rate
15.4:1
Student-teacher ratio
16
Public schools
8,125
Total enrollment

Frequently Asked Questions

What is the cost of living in Louisburg, NC?

Louisburg has a cost index of 73 (100 = national average). It is 27% below the national average.

What is average rent in Louisburg, NC?

The median gross rent in Louisburg is $1,008 per month based on 2023 Census data.

What is the average home price in Louisburg?

The median home value in Louisburg is $217,400 according to Zillow and Census data.

What is the median income in Louisburg?

The median household income in Louisburg is $31,827 per year (2023 ACS 5-year estimates).

What is the sales tax in Louisburg, NC?

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

Is Louisburg, NC affordable?

Yes, Louisburg is generally considered affordable, with a cost of living index of 73 — about 27% below the US national average of 100.

What is the weather like in Louisburg?

Louisburg has average high temperatures of 71.8°F and average lows of 49.3°F. Annual precipitation is 44.4". Data from NOAA 1991–2020 Climate Normals.

Louisburg at a Glance

Population
3,128
Median Income
$31,827
Home Value
$217,400
Median Rent
$1,008/mo
Unemployment
26.6%
Avg High Temp
71.8°F
Sales Tax
7.0%
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