Cost of Living in Reidsville, NC

Population 14,547 · North Carolina · Data vintage 2023

51
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Reidsville's median household income of $42,702 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (25% here). Unemployment has stayed elevated relative to the national figure — 9.5% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Located 20 miles northeast of Greensboro, Reidsville falls within that metro's commuting orbit. Median home values run roughly 37% lower than Greensboro's $221,000.

Cost Overview

Housing 46
Rent 59

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

About the Cost of Living in Reidsville

The median home value in Reidsville is $139,000 — 54% below the national median of $305,000. Median rent runs $773/month, 41% lower than the national median of $1,314/month. The median household income of $42,702/year is 43% lower than the US median of $74,580. The local unemployment rate is 9.5%, 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 69.8°F and lows of 49.4°F, with about 7.1" of annual snowfall. Overall, Reidsville has a cost of living index of 51 versus the US average of 100, meaning it is 49% less expensive.

🏠 Housing

Median Home Value
$139,000
54% below avg
Zillow Home Value
$205,871
Zillow ZHVI
Median Rent
$773/mo
41% below avg
Zillow Rent
$999/mo
Zillow ZORI
Price-to-Rent Ratio
15.0x
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 54.3%
Renter-occupied 45.7%

💰 Estimated Monthly Budget

Rent median rent
$773
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,387/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
24.3 min
10% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
4.1%

Commute Mode

Drove alone
74.8%
Carpooled
10.1%
Public transit
0.3%
Walked
7.5%
Work from home
4.1%

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
$42,702
43% below avg
Per Capita Income
$24,791
Unemployment Rate
9.5%
98% above avg
Poverty Rate
24.9%
Labor Force Participation
52.9%

🎓 Education

Bachelor's degree+ 15.3%
Graduate degree 6.6%

👥 Demographics

Median Age 41.4
Male median age 35.4
Female median age 46.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
69.8°F
Avg Low
49.4°F
Annual Precip
44"
Annual Snowfall
7.1"
30° 45° 60° 75° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 495361717885898780716152
Low °F 303339485765696862493933
Precip" 3.392.813.723.783.494.094.184.364.593.103.273.17
Snow" 2.92.00.90.00.00.00.00.00.00.00.11.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 43 — Good
86.5%
Good air days/yr
108
Max AQI recorded
0
PM2.5 days
245
Ozone days

Frequently Asked Questions

What is the cost of living in Reidsville, NC?

Reidsville has a cost index of 51 (100 = national average). It is 49% below the national average.

What is average rent in Reidsville, NC?

The median gross rent in Reidsville is $773 per month based on 2023 Census data.

What is the average home price in Reidsville?

The median home value in Reidsville is $139,000 according to Zillow and Census data.

What is the median income in Reidsville?

The median household income in Reidsville is $42,702 per year (2023 ACS 5-year estimates).

What is the sales tax in Reidsville, NC?

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

Is Reidsville, NC affordable?

Yes, Reidsville is generally considered affordable, with a cost of living index of 51 — about 49% below the US national average of 100.

What is the weather like in Reidsville?

Reidsville has average high temperatures of 69.8°F and average lows of 49.4°F. Annual precipitation is 44". Average annual snowfall is 7.1". Data from NOAA 1991–2020 Climate Normals.

Reidsville at a Glance

Population
14,547
Median Income
$42,702
Home Value
$139,000
Median Rent
$773/mo
Unemployment
9.5%
Avg High Temp
69.8°F
Sales Tax
7.0%
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