Cost of Living in Royal Pines, NC

Population 4,528 · North Carolina · Data vintage 2023

115
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Royal Pines is a smaller North Carolina community of around 5000 residents, where median household incomes of $105,956 and housing costs ($370,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. An unemployment rate of 2.0% points to a labor market well on the tight side of the national distribution.

Geographically, Royal Pines lies roughly 90 miles east of the nearest major metro, Knoxville. Median home values run roughly 73% higher than Knoxville's $214,000.

Cost Overview

Housing 121
Rent 106

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

About the Cost of Living in Royal Pines

The median home value in Royal Pines is $369,500 — 21% above the national median of $305,000. Median rent runs $1,397/month, 6% higher than the national median of $1,314/month. The median household income of $105,956/year is 42% higher than the US median of $74,580. The local unemployment rate is 2.0%, 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 68.2°F and lows of 46.3°F, with about 10.3" of annual snowfall. Overall, Royal Pines has a cost of living index of 115 versus the US average of 100, meaning it is 15% more expensive.

🏠 Housing

Median Home Value
$369,500
21% above avg
Median Rent
$1,397/mo
6% above avg
Price-to-Rent Ratio
22.0x
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 87.0%
Renter-occupied 13.0%

💰 Estimated Monthly Budget

Rent median rent
$1,397
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,011/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
27.3 min
1% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
19.9%

Commute Mode

Drove alone
78.2%
Carpooled
1.9%
Work from home
19.9%

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
$105,956
42% above avg
Per Capita Income
$57,170
Unemployment Rate
2.0%
57% below avg
Poverty Rate
1.3%
Labor Force Participation
70.2%

🎓 Education

Bachelor's degree+ 27.8%
Graduate degree 26.6%

👥 Demographics

Median Age 43.9
Male median age 40.1
Female median age 46.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
68.2°F
Avg Low
46.3°F
Annual Precip
49.6"
Annual Snowfall
10.3"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 495360697683858479706052
Low °F 293137455361656458463631
Precip" 4.133.463.804.174.134.794.675.044.133.373.724.18
Snow" 3.61.91.90.20.00.00.00.00.00.00.22.5

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 43 — Good
71.5%
Good air days/yr
99
Max AQI recorded
232
PM2.5 days
133
Ozone days

Frequently Asked Questions

What is the cost of living in Royal Pines, NC?

Royal Pines has a cost index of 115 (100 = national average). It is 15% above the national average.

What is average rent in Royal Pines, NC?

The median gross rent in Royal Pines is $1,397 per month based on 2023 Census data.

What is the average home price in Royal Pines?

The median home value in Royal Pines is $369,500 according to 2023 Census ACS data.

What is the median income in Royal Pines?

The median household income in Royal Pines is $105,956 per year (2023 ACS 5-year estimates).

What is the sales tax in Royal Pines, NC?

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

Is Royal Pines, NC affordable?

Royal Pines is above average in cost of living, with an index of 115 — about 15% higher than the national average.

What is the weather like in Royal Pines?

Royal Pines has average high temperatures of 68.2°F and average lows of 46.3°F. Annual precipitation is 49.6". Average annual snowfall is 10.3". Data from NOAA 1991–2020 Climate Normals.

Royal Pines at a Glance

Population
4,528
Median Income
$105,956
Home Value
$369,500
Median Rent
$1,397/mo
Unemployment
2.0%
Avg High Temp
68.2°F
Sales Tax
7.0%
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