Cost of Living in Tyro, NC

Population 3,635 · North Carolina · Data vintage 2023

59
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Tyro 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.

Geographically, Tyro sits roughly 20 miles south of Winston-Salem. Median home values run roughly 13% lower than Winston-Salem's $208,000.

Cost Overview

Housing 60
Rent 59

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

About the Cost of Living in Tyro

The median home value in Tyro is $182,000 — 40% below the national median of $305,000. Median rent runs $776/month, 41% lower than the national median of $1,314/month. The median household income of $57,198/year is 23% lower than the US median of $74,580. The local unemployment rate is 3.9%, 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 69.4°F and lows of 49.6°F. Overall, Tyro has a cost of living index of 59 versus the US average of 100, meaning it is 41% less expensive.

🏠 Housing

Median Home Value
$182,000
40% below avg
Median Rent
$776/mo
41% below avg
Price-to-Rent Ratio
19.5x
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 82.4%
Renter-occupied 17.6%

💰 Estimated Monthly Budget

Rent median rent
$776
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,390/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
27.8 min
3% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
3.9%

Commute Mode

Drove alone
81.2%
Carpooled
13.1%
Walked
0.5%
Work from home
3.9%

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
$57,198
23% below avg
Per Capita Income
$28,183
Unemployment Rate
3.9%
19% below avg
Poverty Rate
16.4%
Labor Force Participation
57.0%

🎓 Education

Bachelor's degree+ 13.7%
Graduate degree 3.3%

👥 Demographics

Median Age 36.8
Male median age 34.4
Female median age 45.3

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
69.4°F
Avg Low
49.6°F
Annual Precip
43.2"
30° 45° 60° 75° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 495361717885888680716052
Low °F 313340485765696861493934
Precip" 3.352.893.603.713.763.644.244.513.863.283.063.30

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 47 — Good
53.9%
Good air days/yr
126
Max AQI recorded
362
PM2.5 days
0
Ozone days

Frequently Asked Questions

What is the cost of living in Tyro, NC?

Tyro has a cost index of 59 (100 = national average). It is 41% below the national average.

What is average rent in Tyro, NC?

The median gross rent in Tyro is $776 per month based on 2023 Census data.

What is the average home price in Tyro?

The median home value in Tyro is $182,000 according to 2023 Census ACS data.

What is the median income in Tyro?

The median household income in Tyro is $57,198 per year (2023 ACS 5-year estimates).

What is the sales tax in Tyro, NC?

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

Is Tyro, NC affordable?

Yes, Tyro is generally considered affordable, with a cost of living index of 59 — about 41% below the US national average of 100.

What is the weather like in Tyro?

Tyro has average high temperatures of 69.4°F and average lows of 49.6°F. Annual precipitation is 43.2". Data from NOAA 1991–2020 Climate Normals.

Tyro at a Glance

Population
3,635
Median Income
$57,198
Home Value
$182,000
Median Rent
$776/mo
Unemployment
3.9%
Avg High Temp
69.4°F
Sales Tax
7.0%
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Explore county-level cost of living data

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