Cost of Living in Walkertown, NC

Population 5,793 · North Carolina · Data vintage 2023

84
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Walkertown 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 1.8% points to a labor market well on the tight side of the national distribution.

Walkertown sits roughly 6 miles northeast of Winston-Salem — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 11% higher than Winston-Salem's $208,000.

Cost Overview

Housing 76
Rent 98

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

About the Cost of Living in Walkertown

The median home value in Walkertown is $230,800 — 24% below the national median of $305,000. Median rent runs $1,283/month, 2% lower than the national median of $1,314/month. The median household income of $80,761/year is 8% higher than the US median of $74,580. The local unemployment rate is 1.8%, 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, Walkertown has a cost of living index of 84 versus the US average of 100, meaning it is 16% less expensive.

🏠 Housing

Median Home Value
$230,800
24% below avg
Zillow Home Value
$212,452
Zillow ZHVI
Median Rent
$1,283/mo
2% below avg
Price-to-Rent Ratio
15.0x
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 72.9%
Renter-occupied 27.1%

💰 Estimated Monthly Budget

Rent median rent
$1,283
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,897/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
26.7 min
1% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.5%

Commute Mode

Drove alone
80.5%
Carpooled
5.8%
Walked
1.3%
Work from home
12.5%

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
$80,761
8% above avg
Per Capita Income
$40,454
Unemployment Rate
1.8%
63% below avg
Poverty Rate
6.0%
Labor Force Participation
65.3%

🎓 Education

Bachelor's degree+ 21.0%
Graduate degree 8.5%

👥 Demographics

Median Age 39.1
Male median age 36.4
Female median age 40.6

🌤 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 52 — Moderate
45.2%
Good air days/yr
154
Max AQI recorded
251
PM2.5 days
111
Ozone days

Frequently Asked Questions

What is the cost of living in Walkertown, NC?

Walkertown has a cost index of 84 (100 = national average). It is 16% below the national average.

What is average rent in Walkertown, NC?

The median gross rent in Walkertown is $1,283 per month based on 2023 Census data.

What is the average home price in Walkertown?

The median home value in Walkertown is $230,800 according to Zillow and Census data.

What is the median income in Walkertown?

The median household income in Walkertown is $80,761 per year (2023 ACS 5-year estimates).

What is the sales tax in Walkertown, NC?

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

Is Walkertown, NC affordable?

Yes, Walkertown is generally considered affordable, with a cost of living index of 84 — about 16% below the US national average of 100.

What is the weather like in Walkertown?

Walkertown 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.

Walkertown at a Glance

Population
5,793
Median Income
$80,761
Home Value
$230,800
Median Rent
$1,283/mo
Unemployment
1.8%
Avg High Temp
69.4°F
Sales Tax
7.0%
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