Cost of Living in Wadesboro, NC
Population 4,966 · North Carolina · Data vintage 2023
(100 = US avg)
Wadesboro's median household income of $34,125 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 (30% here). Unemployment has stayed elevated relative to the national figure — 12.8% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Wadesboro is about 45 miles southeast of Concord, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 70% lower than Concord's $328,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Wadesboro
The median home value in Wadesboro is $98,600 — 68% below the national median of $305,000. Median rent runs $921/month, 30% lower than the national median of $1,314/month. The median household income of $34,125/year is 54% lower than the US median of $74,580. The local unemployment rate is 12.8%, 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 72.3°F and lows of 50.2°F. Overall, Wadesboro has a cost of living index of 47 versus the US average of 100, meaning it is 53% less expensive.
Wadesboro has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 53 | 57 | 64 | 73 | 80 | 87 | 91 | 89 | 83 | 73 | 63 | 55 |
| Low °F | 32 | 35 | 41 | 49 | 57 | 65 | 69 | 68 | 62 | 50 | 40 | 34 |
| Precip" | 3.00 | 2.77 | 3.19 | 2.90 | 2.89 | 3.73 | 3.63 | 3.79 | 3.18 | 2.97 | 2.91 | 2.96 |
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Wadesboro, NC?
Wadesboro has a cost index of 47 (100 = national average). It is 53% below the national average.
What is average rent in Wadesboro, NC?
The median gross rent in Wadesboro is $921 per month based on 2023 Census data.
What is the average home price in Wadesboro?
The median home value in Wadesboro is $98,600 according to Zillow and Census data.
What is the median income in Wadesboro?
The median household income in Wadesboro is $34,125 per year (2023 ACS 5-year estimates).
What is the sales tax in Wadesboro, NC?
The combined state and local sales tax rate in Wadesboro is 7.0%. The North Carolina state income tax top rate is 4.5%.
Is Wadesboro, NC affordable?
Yes, Wadesboro is generally considered affordable, with a cost of living index of 47 — about 53% below the US national average of 100.
What is the weather like in Wadesboro?
Wadesboro 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.
Wadesboro at a Glance
- Population
- 4,966
- Median Income
- $34,125
- Home Value
- $98,600
- Median Rent
- $921/mo
- Unemployment
- 12.8%
- Avg High Temp
- 72.3°F
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
North Carolina Rankings
Similar Cost Cities
Cities in other states with comparable housing costs