Cost of Living in Mint Hill, NC

Population 26,954 · North Carolina · Data vintage 2023

122

Cost Index
(100 = US avg)

Page updated: April 2026 · Data vintage: 2023 ACS 5-Year

Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The Mint Hill cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $387,000, rents near $1,498 a month.

Mint Hill sits roughly 10 miles east of Charlotte — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 10% higher than Charlotte's $352,000.

Cost Overview

Housing 127

Rent 114

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

About the Cost of Living in Mint Hill

The median home value in Mint Hill is $386,900 — 27% above the national median of $305,000. Median rent runs $1,498/month, 14% higher than the national median of $1,314/month. The median household income of $99,272/year is 33% higher than the US median of $74,580. The local unemployment rate is 4.8%, 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, Mint Hill has a cost of living index of 122 versus the US average of 100, meaning it is 22% more expensive.

🏠 Housing

Median Home Value

$386,900

27% above avg

Zillow Home Value

$505,369

Zillow ZHVI

Median Rent

$1,498/mo

14% above avg

Zillow Rent

$1,870/mo

Zillow ZORI

Price-to-Rent Ratio

21.5x

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 82.5%

Renter-occupied 17.5%

💰 Estimated Monthly Budget

Rent median rent

$1,498

Groceries national estimate

$400

Utilities local estimate

$88

Transportation local gas prices

$126

Estimated Total $2,112/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

30.7 min

14% above avg

Gas Price

$3.145/gal

0% below avg

Work From Home

22.1%

Commute Mode

Drove alone

67.2%

Carpooled

9.3%

Public transit

0.2%

Walked

0.8%

Work from home

22.1%

⚡ 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

$99,272

33% above avg

Per Capita Income

$47,804

Unemployment Rate

4.8%

1% below avg

Poverty Rate

8.7%

Labor Force Participation

65.5%

🎓 Education

Bachelor's degree+ 24.9%

Graduate degree 13.5%

👥 Demographics

Median Age 46.2

Male median age 42.6

Female median age 48.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High

72.3°F

Avg Low

50.2°F

Annual Precip

37.9"

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

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 51 — Moderate

47.7%

Good air days/yr

150

Max AQI recorded

214

PM2.5 days

149

Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

87%

4-Year Graduation Rate

19.5:1

Student-teacher ratio

Public schools

1,231

Total enrollment

Frequently Asked Questions

What is the cost of living in Mint Hill, NC?

Mint Hill has a cost index of 122 (100 = national average). It is 22% above the national average.

What is average rent in Mint Hill, NC?

The median gross rent in Mint Hill is $1,498 per month based on 2023 Census data.

What is the average home price in Mint Hill?

The median home value in Mint Hill is $386,900 according to Zillow and Census data.

What is the median income in Mint Hill?

The median household income in Mint Hill is $99,272 per year (2023 ACS 5-year estimates).

What is the sales tax in Mint Hill, NC?

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

Is Mint Hill, NC affordable?

Mint Hill is above average in cost of living, with an index of 122 — about 22% higher than the national average.

What is the weather like in Mint Hill?

Mint Hill 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.

Mint Hill at a Glance

Population: 26,954
Median Income: $99,272
Home Value: $386,900
Median Rent: $1,498/mo
Unemployment: 4.8%
Avg High Temp: 72.3°F
Sales Tax: 7.0%

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