Cost of Living in Unionville, NC

Population 6,826 · North Carolina · Data vintage 2023

94
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Unionville is a smaller North Carolina community of around 7000 residents, where median household incomes of $92,009 and housing costs ($312,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Geographically, Unionville sits roughly 20 miles southeast of Charlotte. Median home values run roughly 11% lower than Charlotte's $352,000.

Cost Overview

Housing 102
Rent 81

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

About the Cost of Living in Unionville

The median home value in Unionville is $312,200 — 2% above the national median of $305,000. Median rent runs $1,060/month, 19% lower than the national median of $1,314/month. The median household income of $92,009/year is 23% higher than the US median of $74,580. The local unemployment rate is 3.4%, 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 72.3°F and lows of 50.2°F. Overall, Unionville has a cost of living index of 94 versus the US average of 100, meaning it is 6% less expensive.

🏠 Housing

Median Home Value
$312,200
2% above avg
Zillow Home Value
$388,594
Zillow ZHVI
Median Rent
$1,060/mo
19% below avg
Price-to-Rent Ratio
24.5x
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 88.4%
Renter-occupied 11.6%

💰 Estimated Monthly Budget

Rent median rent
$1,060
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,674/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
33.2 min
23% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.1%

Commute Mode

Drove alone
85.5%
Carpooled
5.0%
Work from home
9.1%

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
$92,009
23% above avg
Per Capita Income
$37,425
Unemployment Rate
3.4%
29% below avg
Poverty Rate
9.4%
Labor Force Participation
73.6%

🎓 Education

Bachelor's degree+ 18.8%
Graduate degree 6.9%

👥 Demographics

Median Age 37.9
Male median age 36.6
Female median age 38.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
72.3°F
Avg Low
50.2°F
Annual Precip
37.9"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 535764738087918983736355
Low °F 323541495765696862504034
Precip" 3.002.773.192.902.893.733.633.793.182.972.912.96

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 43 — Good
82%
Good air days/yr
101
Max AQI recorded
0
PM2.5 days
245
Ozone days

Frequently Asked Questions

What is the cost of living in Unionville, NC?

Unionville has a cost index of 94 (100 = national average). It is 6% below the national average.

What is average rent in Unionville, NC?

The median gross rent in Unionville is $1,060 per month based on 2023 Census data.

What is the average home price in Unionville?

The median home value in Unionville is $312,200 according to Zillow and Census data.

What is the median income in Unionville?

The median household income in Unionville is $92,009 per year (2023 ACS 5-year estimates).

What is the sales tax in Unionville, NC?

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

Is Unionville, NC affordable?

Unionville is near the national average in terms of cost of living, with an index of 94 (100 = US average).

What is the weather like in Unionville?

Unionville has average high temperatures of 72.3°F and average lows of 50.2°F. Annual precipitation is 37.9". Data from NOAA 1991–2020 Climate Normals.

Unionville at a Glance

Population
6,826
Median Income
$92,009
Home Value
$312,200
Median Rent
$1,060/mo
Unemployment
3.4%
Avg High Temp
72.3°F
Sales Tax
7.0%
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🗺️ County data for North Carolina

Explore county-level cost of living data

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