Cost of Living in Washington, NC

Population 9,754 · North Carolina · Data vintage 2023

63
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Household incomes in Washington run well below national norms — a median of $41,723 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $194,000).

Located 90 miles southwest of Chesapeake, Washington is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 46% lower than Chesapeake's $359,000.

Cost Overview

Housing 64
Rent 62

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

About the Cost of Living in Washington

The median home value in Washington is $193,800 — 36% below the national median of $305,000. Median rent runs $813/month, 38% lower than the national median of $1,314/month. The median household income of $41,723/year is 44% 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 73.2°F and lows of 52.2°F. Overall, Washington has a cost of living index of 63 versus the US average of 100, meaning it is 37% less expensive.

🏠 Housing

Median Home Value
$193,800
36% below avg
Zillow Home Value
$238,070
Zillow ZHVI
Median Rent
$813/mo
38% below avg
Price-to-Rent Ratio
19.9x
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 50.8%
Renter-occupied 49.2%

💰 Estimated Monthly Budget

Rent median rent
$813
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,427/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
21.3 min
21% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.2%

Commute Mode

Drove alone
79.2%
Carpooled
6.3%
Walked
2.3%
Work from home
10.2%

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
$41,723
44% below avg
Per Capita Income
$32,072
Unemployment Rate
3.9%
19% below avg
Poverty Rate
19.7%
Labor Force Participation
52.6%

🎓 Education

Bachelor's degree+ 15.4%
Graduate degree 7.3%

👥 Demographics

Median Age 49.4
Male median age 50.7
Female median age 48.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
73.2°F
Avg Low
52.2°F
Annual Precip
53"
30° 45° 60° 75° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 555965748087908883756659
Low °F 343642505967717065544337
Precip" 3.893.323.853.184.254.606.266.816.333.563.333.63

🏫 Schools

NCES CCD 2019 — public school district data

88%
4-Year Graduation Rate
14.9:1
Student-teacher ratio
14
Public schools
6,467
Total enrollment

Frequently Asked Questions

What is the cost of living in Washington, NC?

Washington has a cost index of 63 (100 = national average). It is 37% below the national average.

What is average rent in Washington, NC?

The median gross rent in Washington is $813 per month based on 2023 Census data.

What is the average home price in Washington?

The median home value in Washington is $193,800 according to Zillow and Census data.

What is the median income in Washington?

The median household income in Washington is $41,723 per year (2023 ACS 5-year estimates).

What is the sales tax in Washington, NC?

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

Is Washington, NC affordable?

Yes, Washington is generally considered affordable, with a cost of living index of 63 — about 37% below the US national average of 100.

What is the weather like in Washington?

Washington has average high temperatures of 73.2°F and average lows of 52.2°F. Annual precipitation is 53". Data from NOAA 1991–2020 Climate Normals.

Washington at a Glance

Population
9,754
Median Income
$41,723
Home Value
$193,800
Median Rent
$813/mo
Unemployment
3.9%
Avg High Temp
73.2°F
Sales Tax
7.0%
View all cities in North Carolina →
🗺️ County data for North Carolina

Explore county-level cost of living data

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