Cost of Living in Weddington, NC

Population 13,468 · North Carolina · Data vintage 2023

211
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Home prices in Weddington run well above the national baseline, with a median of $730,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $196,159 place the city among the better-paid North Carolina metros. An unemployment rate of 2.2% points to a labor market well on the tight side of the national distribution.

Geographically, Weddington sits roughly 14 miles southeast of Charlotte. Median home values run roughly 108% higher than Charlotte's $352,000.

Cost Overview

Housing 239
Rent 168

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

About the Cost of Living in Weddington

The median home value in Weddington is $730,200 — 139% above the national median of $305,000. Median rent runs $2,205/month, 68% higher than the national median of $1,314/month. The median household income of $196,159/year is 163% higher than the US median of $74,580. The local unemployment rate is 2.2%, 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, Weddington has a cost of living index of 211 versus the US average of 100, meaning it is 111% more expensive.

🏠 Housing

Median Home Value
$730,200
139% above avg
Zillow Home Value
$1,044,188
Zillow ZHVI
Median Rent
$2,205/mo
68% above avg
Price-to-Rent Ratio
27.6x
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 95.8%
Renter-occupied 4.2%

💰 Estimated Monthly Budget

Rent median rent
$2,205
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,819/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
29.7 min
10% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
24.3%

Commute Mode

Drove alone
70.5%
Carpooled
2.6%
Walked
1.4%
Work from home
24.3%

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
$196,159
163% above avg
Per Capita Income
$81,118
Unemployment Rate
2.2%
55% below avg
Poverty Rate
3.6%
Labor Force Participation
65.1%

🎓 Education

Bachelor's degree+ 39.5%
Graduate degree 26.4%

👥 Demographics

Median Age 43.5
Male median age 44.8
Female median age 42.2

🌤 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 Weddington, NC?

Weddington has a cost index of 211 (100 = national average). It is 111% above the national average.

What is average rent in Weddington, NC?

The median gross rent in Weddington is $2,205 per month based on 2023 Census data.

What is the average home price in Weddington?

The median home value in Weddington is $730,200 according to Zillow and Census data.

What is the median income in Weddington?

The median household income in Weddington is $196,159 per year (2023 ACS 5-year estimates).

What is the sales tax in Weddington, NC?

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

Is Weddington, NC affordable?

Weddington is above average in cost of living, with an index of 211 — about 111% higher than the national average.

What is the weather like in Weddington?

Weddington 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.

Weddington at a Glance

Population
13,468
Median Income
$196,159
Home Value
$730,200
Median Rent
$2,205/mo
Unemployment
2.2%
Avg High Temp
72.3°F
Sales Tax
7.0%
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Explore county-level cost of living data

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