Cost of Living in Wilkesboro, NC

Population 3,664 · North Carolina · Data vintage 2023

61
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Household incomes in Wilkesboro run well below national norms — a median of $41,175 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $198,000).

Wilkesboro is about 50 miles west of Winston-Salem, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Winston-Salem's $208,000 median.

Cost Overview

Housing 65
Rent 54

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

About the Cost of Living in Wilkesboro

The median home value in Wilkesboro is $197,600 — 35% below the national median of $305,000. Median rent runs $713/month, 46% lower than the national median of $1,314/month. The median household income of $41,175/year is 45% lower than the US median of $74,580. The local unemployment rate is 4.7%, 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 69.1°F and lows of 48.9°F. Overall, Wilkesboro has a cost of living index of 61 versus the US average of 100, meaning it is 39% less expensive.

🏠 Housing

Median Home Value
$197,600
35% below avg
Zillow Home Value
$261,150
Zillow ZHVI
Median Rent
$713/mo
46% below avg
Price-to-Rent Ratio
23.1x
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 50.6%
Renter-occupied 49.4%

💰 Estimated Monthly Budget

Rent median rent
$713
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,327/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
22.6 min
16% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.7%

Commute Mode

Drove alone
81.9%
Carpooled
1.9%
Public transit
1.4%
Walked
6.0%
Work from home
7.7%

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
$41,175
45% below avg
Per Capita Income
$30,044
Unemployment Rate
4.7%
3% below avg
Poverty Rate
18.7%
Labor Force Participation
50.2%

🎓 Education

Bachelor's degree+ 16.3%
Graduate degree 6.4%

👥 Demographics

Median Age 44.2
Male median age 34.9
Female median age 51.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
69.1°F
Avg Low
48.9°F
Annual Precip
47.1"
30° 45° 60° 75° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 495361707784878680706052
Low °F 303340485664686761493933
Precip" 3.813.214.084.083.864.354.294.583.933.493.623.85

Frequently Asked Questions

What is the cost of living in Wilkesboro, NC?

Wilkesboro has a cost index of 61 (100 = national average). It is 39% below the national average.

What is average rent in Wilkesboro, NC?

The median gross rent in Wilkesboro is $713 per month based on 2023 Census data.

What is the average home price in Wilkesboro?

The median home value in Wilkesboro is $197,600 according to Zillow and Census data.

What is the median income in Wilkesboro?

The median household income in Wilkesboro is $41,175 per year (2023 ACS 5-year estimates).

What is the sales tax in Wilkesboro, NC?

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

Is Wilkesboro, NC affordable?

Yes, Wilkesboro is generally considered affordable, with a cost of living index of 61 — about 39% below the US national average of 100.

What is the weather like in Wilkesboro?

Wilkesboro has average high temperatures of 69.1°F and average lows of 48.9°F. Annual precipitation is 47.1". Data from NOAA 1991–2020 Climate Normals.

Wilkesboro at a Glance

Population
3,664
Median Income
$41,175
Home Value
$197,600
Median Rent
$713/mo
Unemployment
4.7%
Avg High Temp
69.1°F
Sales Tax
7.0%
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Explore county-level cost of living data

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