Clemmons, NC

Below Avg · 88

North Carolina · Population 21,574 · Updated March 2026

$1,172
Median Rent / Month
$84,326
Median Income
$306,900
Median Home Value
$1,164
Owner Costs / Month

Affordability

How far your income goes in Clemmons

16.7%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in North Carolina

State-level tax rates that affect your costs

4.5%
Income Tax (Top Rate)
4.75%
Sales Tax
0.8%
Property Tax Rate

Estimated Annual Costs

$14,064
Annual Rent
$3,795
State Income Tax
$2,455
Property Tax (est.)

Cost of Living Overview

Clemmons offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 88 (where 100 equals the national median), Clemmons residents can expect to pay median rent of $1,172/month while earning a median household income of $84,326/year.

The median home value in Clemmons, NC is $306,900, with typical monthly owner costs around $1,164 including mortgage, insurance, and taxes. The median rent-to-income ratio of 16.7% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

North Carolina has a moderate income tax rate of 4.5%. Combined with a 4.75% sales tax rate and 0.8% effective property tax rate, the overall tax environment is a factor in the total cost of living in Clemmons.

Frequently Asked Questions

Common questions about living costs in Clemmons

What is the cost of living in Clemmons, NC?
The cost of living index in Clemmons, NC is 88 (US average = 100). Median monthly rent is $1,172, median household income is $84,326/year, and the median home value is $306,900.
Is Clemmons, NC affordable?
Yes, Clemmons is more affordable than the national average with a cost index of 88. The rent-to-income ratio is 16.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Clemmons, NC?
The median gross rent in Clemmons, NC is $1,172 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $14,064.
What is the median household income in Clemmons?
The median household income in Clemmons, NC is $84,326 per year. This compares to the national median of approximately $80,000.
What are the taxes like in North Carolina?
North Carolina has a top income tax rate of 4.5%, a sales tax of 4.75%, and an effective property tax rate of 0.8%.