Cost of Living in Wallburg, NC

Population 3,104 · North Carolina · Data vintage 2023

89
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Wallburg a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $293,000. At 6.8%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Wallburg sits roughly 8 miles southeast of Winston-Salem — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 40% higher than Winston-Salem's $208,000.

Cost Overview

Housing 96
Rent 80

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

About the Cost of Living in Wallburg

The median home value in Wallburg is $292,500 — 4% below the national median of $305,000. Median rent runs $1,047/month, 20% lower than the national median of $1,314/month. The median household income of $78,821/year is 6% higher than the US median of $74,580. The local unemployment rate is 6.8%, 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 69.4°F and lows of 49.6°F. Overall, Wallburg has a cost of living index of 89 versus the US average of 100, meaning it is 11% less expensive.

🏠 Housing

Median Home Value
$292,500
4% below avg
Median Rent
$1,047/mo
20% below avg
Price-to-Rent Ratio
23.3x
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 95.6%
Renter-occupied 4.4%

💰 Estimated Monthly Budget

Rent median rent
$1,047
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,661/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
22.8 min
16% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.1%

Commute Mode

Drove alone
89.4%
Carpooled
3.2%
Public transit
0.3%
Walked
1.0%
Work from home
6.1%

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
$78,821
6% above avg
Per Capita Income
$40,752
Unemployment Rate
6.8%
40% above avg
Poverty Rate
6.4%
Labor Force Participation
61.0%

🎓 Education

Bachelor's degree+ 25.4%
Graduate degree 4.7%

👥 Demographics

Median Age 48
Male median age 49.3
Female median age 47.3

🌤 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 Wallburg, NC?

Wallburg has a cost index of 89 (100 = national average). It is 11% below the national average.

What is average rent in Wallburg, NC?

The median gross rent in Wallburg is $1,047 per month based on 2023 Census data.

What is the average home price in Wallburg?

The median home value in Wallburg is $292,500 according to 2023 Census ACS data.

What is the median income in Wallburg?

The median household income in Wallburg is $78,821 per year (2023 ACS 5-year estimates).

What is the sales tax in Wallburg, NC?

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

Is Wallburg, NC affordable?

Yes, Wallburg is generally considered affordable, with a cost of living index of 89 — about 11% below the US national average of 100.

What is the weather like in Wallburg?

Wallburg 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.

Wallburg at a Glance

Population
3,104
Median Income
$78,821
Home Value
$292,500
Median Rent
$1,047/mo
Unemployment
6.8%
Avg High Temp
69.4°F
Sales Tax
7.0%
View all cities in North Carolina →
🗺️ County data for North Carolina

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs