Housing affordability index in North Carolina

Housing affordability index in North Carolina: puts one number on the housing question: 22.7% of the state's median household income goes to principal and interest on a median-priced home at today's rate.

30-year fixed rate used: 6.76% (observed 2026-09-10, FRED MORTGAGE30US).

Share of income

22.7%

principal + interest

Monthly payment

$1,287

on a $247,706 home

Median income

$68,149

households, ACS 5-year

Housing affordability index in North Carolina: counties ranked, least affordable first
RankCountyShare of incomeMonthly P&I
1Watauga County35.3%$1,470
2Buncombe County30.8%$1,708
3Dare County30.2%$2,008
4Transylvania County30%$1,551
5New Hanover County29.5%$1,662
6Jackson County29.1%$1,249
7Orange County28.7%$2,055
8Henderson County27.7%$1,514
9Chatham County27.6%$1,939
10Clay County27.5%$1,308
11Mecklenburg County26.3%$1,738
12Polk County26.3%$1,324
13Madison County26%$1,227
14Durham County25.9%$1,617
15Carteret County25.8%$1,441
16Macon County25.8%$1,095
17Alleghany County25.4%$892
18Ashe County25.2%$1,035
19Avery County25.1%$1,121
20Haywood County25.1%$1,182
21Brunswick County24.9%$1,476
22Wake County24.9%$2,003
23Cherokee County24.5%$1,005
24Yancey County24.2%$1,071
25Currituck County23.6%$1,631
26Moore County22.7%$1,475
27Iredell County22.3%$1,357
28Pamlico County22.2%$1,032
29Perquimans County22.2%$1,096
30Chowan County22.1%$942
31Union County22%$1,748
32Mitchell County21.5%$994
33Guilford County21.4%$1,120
34Swain County21.1%$929
35Cabarrus County20.9%$1,463
36Forsyth County20.9%$1,068
37Camden County20.6%$1,356
38Gaston County20.6%$1,074
39Onslow County20.5%$1,022
40Pasquotank County20.5%$1,047
41Pitt County20.3%$928
42Alamance County20.2%$1,027
43Pender County20.1%$1,251
44Johnston County19.9%$1,247
45Lincoln County19.9%$1,253
46Davie County19.8%$1,140
47Craven County19.6%$1,008
48Davidson County19.6%$957
49Stanly County19.6%$991
50Catawba County19.5%$1,008
51Rowan County19.5%$973
52Rutherford County19.5%$822
53Hoke County19.4%$922
54Wilson County19.2%$799
55Granville County19.1%$1,083
56Cleveland County19%$805
57Lee County19%$966
58Caldwell County18.8%$822
59Harnett County18.8%$1,018
60Cumberland County18.7%$865
61Wilkes County18.6%$759
62Franklin County18.5%$1,088
63Stokes County18.3%$876
64Graham County18.2%$696
65Surry County18.2%$798
66Burke County18%$808
67Warren County17.9%$630
68Beaufort County17.8%$831
69Bladen County17.8%$602
70McDowell County17.8%$796
71Nash County17.8%$842
72Person County17.8%$900
73Rockingham County17.6%$742
74Randolph County17.5%$822
75Wayne County17.5%$791
76Yadkin County17.4%$834
77Anson County17.3%$604
78Columbus County17.3%$622
79Gates County17.1%$795
80Vance County17.1%$691
81Alexander County16.8%$879
82Richmond County16.5%$581
83Tyrrell County15.8%$730
84Montgomery County15.7%$727
85Washington County15.7%$508
86Caswell County15.2%$720
87Hyde County15%$547
88Halifax County14.8%$513
89Scotland County14.8%$519
90Lenoir County14.7%$528
91Sampson County14.5%$606
92Edgecombe County14.3%$552
93Duplin County14.2%$584
94Hertford County14%$538
95Robeson County13.9%$456
96Martin County13.8%$515
97Jones County13.6%$599
98Greene County13.4%$563
99Bertie County13.1%$454
100Northampton County13.1%$499

Methodology

Every county figure for North Carolina uses the county's own median home value and median household income from the Census American Community Survey 5-year estimates, a 20% deposit, and the current 30-year fixed rate from FRED (MORTGAGE30US) amortised over 30 years.

The share shown is annualised principal and interest divided by median household income. Property tax, insurance and HOA dues are excluded so the comparison between counties stays like-for-like.

Counties without both a published home value and a published income are left out entirely rather than filled with an estimate, so the table is shorter than the county list in some states.

Sources: FRED series MORTGAGE30US, Freddie Mac Primary Mortgage Market Survey; U.S. Census Bureau, American Community Survey 5-year estimates. American Community Survey 5-year estimates, 2022.