Cost of Living in Rocky Mount, VA

Population 4,926 · Virginia · Data vintage 2023

62
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Rocky Mount is a smaller Virginia community of around 5000 residents, where median household incomes of $61,580 and housing costs ($181,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Located 65 miles north of Greensboro, Rocky Mount is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 18% lower than Greensboro's $221,000.

Cost Overview

Housing 59
Rent 66

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

About the Cost of Living in Rocky Mount

The median home value in Rocky Mount is $181,400 — 41% below the national median of $305,000. Median rent runs $861/month, 34% lower than the national median of $1,314/month. The median household income of $61,580/year is 17% lower than the US median of $74,580. The local unemployment rate is 3.9%, below the national average of 4.8%. Virginia's top state income tax rate is 5.8% and the combined sales tax is 5.6%. The climate averages highs of 68.5°F and lows of 47.6°F, with about 14.8" of annual snowfall. Overall, Rocky Mount has a cost of living index of 62 versus the US average of 100, meaning it is 38% less expensive.

🏠 Housing

Median Home Value
$181,400
41% below avg
Zillow Home Value
$260,981
Zillow ZHVI
Median Rent
$861/mo
34% below avg
Price-to-Rent Ratio
17.6x
Favors buying
Property Tax Rate
0.8%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$970
1 BR
$989
2 BR
$1,200
3 BR
$1,645
4 BR
$1,885
Owner-occupied 62.0%
Renter-occupied 38.0%

💰 Estimated Monthly Budget

Rent median rent
$861
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,475/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
25.5 min
6% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.3%

Commute Mode

Drove alone
77.5%
Carpooled
14.2%
Walked
0.6%
Work from home
7.3%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.8%
Total Sales Tax 5.6%
State rate 4.3%
Avg local rate 1.3%
Property Tax 0.8%

💼 Income & Employment

Median Household Income
$61,580
17% below avg
Per Capita Income
$25,287
Unemployment Rate
3.9%
19% below avg
Poverty Rate
17.5%
Labor Force Participation
54.0%

🎓 Education

Bachelor's degree+ 14.0%
Graduate degree 7.2%

👥 Demographics

Median Age 44.7
Male median age 45.3
Female median age 44.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
68.5°F
Avg Low
47.6°F
Annual Precip
42.8"
Annual Snowfall
14.8"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 475159707784888780705950
Low °F 293138465563676659483832
Precip" 3.172.893.513.494.314.664.283.374.062.963.043.08
Snow" 4.34.82.30.10.00.00.00.00.00.00.13.2

🏫 Schools

NCES CCD 2019 — public school district data

91%
4-Year Graduation Rate
13.3:1
Student-teacher ratio
16
Public schools
6,887
Total enrollment

Frequently Asked Questions

What is the cost of living in Rocky Mount, VA?

Rocky Mount has a cost index of 62 (100 = national average). It is 38% below the national average.

What is average rent in Rocky Mount, VA?

The median gross rent in Rocky Mount is $861 per month based on 2023 Census data.

What is the average home price in Rocky Mount?

The median home value in Rocky Mount is $181,400 according to Zillow and Census data.

What is the median income in Rocky Mount?

The median household income in Rocky Mount is $61,580 per year (2023 ACS 5-year estimates).

What is the sales tax in Rocky Mount, VA?

The combined state and local sales tax rate in Rocky Mount is 5.6%. The Virginia state income tax top rate is 5.8%.

Is Rocky Mount, VA affordable?

Yes, Rocky Mount is generally considered affordable, with a cost of living index of 62 — about 38% below the US national average of 100.

What is the weather like in Rocky Mount?

Rocky Mount has average high temperatures of 68.5°F and average lows of 47.6°F. Annual precipitation is 42.8". Average annual snowfall is 14.8". Data from NOAA 1991–2020 Climate Normals.

Rocky Mount at a Glance

Population
4,926
Median Income
$61,580
Home Value
$181,400
Median Rent
$861/mo
Unemployment
3.9%
Avg High Temp
68.5°F
Sales Tax
5.6%
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