Cost of Living in Rockingham, NC

Population 9,094 · North Carolina · Data vintage 2023

48
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Rockingham's median household income of $36,695 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 (34% here). Unemployment has stayed elevated relative to the national figure — 9.1% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Located 45 miles west of Fayetteville, Rockingham falls within that metro's commuting orbit. Median home values run roughly 22% lower than Fayetteville's $172,000.

Cost Overview

Housing 44
Rent 55

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

About the Cost of Living in Rockingham

The median home value in Rockingham is $133,900 — 56% below the national median of $305,000. Median rent runs $717/month, 45% lower than the national median of $1,314/month. The median household income of $36,695/year is 51% lower than the US median of $74,580. The local unemployment rate is 9.1%, 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 74.7°F and lows of 52.1°F. Overall, Rockingham has a cost of living index of 48 versus the US average of 100, meaning it is 52% less expensive.

🏠 Housing

Median Home Value
$133,900
56% below avg
Zillow Home Value
$129,952
Zillow ZHVI
Median Rent
$717/mo
45% below avg
Price-to-Rent Ratio
15.6x
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 57.4%
Renter-occupied 42.6%

💰 Estimated Monthly Budget

Rent median rent
$717
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,331/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
23.6 min
13% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
0.7%

Commute Mode

Drove alone
84.7%
Carpooled
13.2%
Walked
1.3%
Work from home
0.7%

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
$36,695
51% below avg
Per Capita Income
$24,144
Unemployment Rate
9.1%
90% above avg
Poverty Rate
33.8%
Labor Force Participation
59.9%

🎓 Education

Bachelor's degree+ 13.4%
Graduate degree 6.0%

👥 Demographics

Median Age 35.9
Male median age 32.5
Female median age 39.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
74.7°F
Avg Low
52.1°F
Annual Precip
40.2"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 555967768389929085766658
Low °F 343642505968727064524136
Precip" 3.112.573.252.693.314.173.863.794.922.692.942.88

Frequently Asked Questions

What is the cost of living in Rockingham, NC?

Rockingham has a cost index of 48 (100 = national average). It is 52% below the national average.

What is average rent in Rockingham, NC?

The median gross rent in Rockingham is $717 per month based on 2023 Census data.

What is the average home price in Rockingham?

The median home value in Rockingham is $133,900 according to Zillow and Census data.

What is the median income in Rockingham?

The median household income in Rockingham is $36,695 per year (2023 ACS 5-year estimates).

What is the sales tax in Rockingham, NC?

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

Is Rockingham, NC affordable?

Yes, Rockingham is generally considered affordable, with a cost of living index of 48 — about 52% below the US national average of 100.

What is the weather like in Rockingham?

Rockingham has average high temperatures of 74.7°F and average lows of 52.1°F. Annual precipitation is 40.2". Data from NOAA 1991–2020 Climate Normals.

Rockingham at a Glance

Population
9,094
Median Income
$36,695
Home Value
$133,900
Median Rent
$717/mo
Unemployment
9.1%
Avg High Temp
74.7°F
Sales Tax
7.0%
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Explore county-level cost of living data

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