Cost of Living in Trent Woods, NC

Population 4,086 · North Carolina · Data vintage 2023

99
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Trent Woods sits on the smaller end of the North Carolina city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. An unemployment rate of 2.9% points to a labor market well on the tight side of the national distribution.

Located 75 miles northeast of Wilmington, Trent Woods is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 16% lower than Wilmington's $350,000.

Cost Overview

Housing 96
Rent 102

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

About the Cost of Living in Trent Woods

The median home value in Trent Woods is $294,200 — 4% below the national median of $305,000. Median rent runs $1,342/month, 2% higher than the national median of $1,314/month. The median household income of $109,097/year is 46% higher than the US median of $74,580. The local unemployment rate is 2.9%, 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 73.2°F and lows of 52.2°F. Overall, Trent Woods has a cost of living index of 99 versus the US average of 100, meaning it is 1% less expensive.

🏠 Housing

Median Home Value
$294,200
4% below avg
Zillow Home Value
$264,657
Zillow ZHVI
Median Rent
$1,342/mo
2% above avg
Price-to-Rent Ratio
18.3x
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 92.8%
Renter-occupied 7.2%

💰 Estimated Monthly Budget

Rent median rent
$1,342
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,956/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
18.2 min
33% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.2%

Commute Mode

Drove alone
83.8%
Carpooled
5.0%
Work from home
8.2%

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
$109,097
46% above avg
Per Capita Income
$75,444
Unemployment Rate
2.9%
40% below avg
Poverty Rate
1.2%
Labor Force Participation
56.6%

🎓 Education

Bachelor's degree+ 31.7%
Graduate degree 29.1%

👥 Demographics

Median Age 52.2
Male median age 51.9
Female median age 52.7

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
73.2°F
Avg Low
52.2°F
Annual Precip
53"
30° 45° 60° 75° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 555965748087908883756659
Low °F 343642505967717065544337
Precip" 3.893.323.853.184.254.606.266.816.333.563.333.63

Frequently Asked Questions

What is the cost of living in Trent Woods, NC?

Trent Woods has a cost index of 99 (100 = national average). It is 1% below the national average.

What is average rent in Trent Woods, NC?

The median gross rent in Trent Woods is $1,342 per month based on 2023 Census data.

What is the average home price in Trent Woods?

The median home value in Trent Woods is $294,200 according to Zillow and Census data.

What is the median income in Trent Woods?

The median household income in Trent Woods is $109,097 per year (2023 ACS 5-year estimates).

What is the sales tax in Trent Woods, NC?

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

Is Trent Woods, NC affordable?

Trent Woods is near the national average in terms of cost of living, with an index of 99 (100 = US average).

What is the weather like in Trent Woods?

Trent Woods has average high temperatures of 73.2°F and average lows of 52.2°F. Annual precipitation is 53". Data from NOAA 1991–2020 Climate Normals.

Trent Woods at a Glance

Population
4,086
Median Income
$109,097
Home Value
$294,200
Median Rent
$1,342/mo
Unemployment
2.9%
Avg High Temp
73.2°F
Sales Tax
7.0%
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