High Point, NC

Very Low · 73

North Carolina · Population 115,263 · Updated March 2026

$1,062
Median Rent / Month
$61,228
Median Income
$212,400
Median Home Value
$1,084
Owner Costs / Month

Affordability

How far your income goes in High Point

20.8%
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

$12,744
Annual Rent
$2,755
State Income Tax
$1,699
Property Tax (est.)

Cost of Living Overview

High Point is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 73 (where 100 equals the national median), High Point residents can expect to pay median rent of $1,062/month while earning a median household income of $61,228/year.

The median home value in High Point, NC is $212,400, with typical monthly owner costs around $1,084 including mortgage, insurance, and taxes. The median rent-to-income ratio of 20.8% 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 High Point.

Frequently Asked Questions

Common questions about living costs in High Point

What is the cost of living in High Point, NC?
The cost of living index in High Point, NC is 73 (US average = 100). Median monthly rent is $1,062, median household income is $61,228/year, and the median home value is $212,400.
Is High Point, NC affordable?
Yes, High Point is more affordable than the national average with a cost index of 73. The rent-to-income ratio is 20.8%—below the 30%% threshold considered affordable by HUD.
What is the average rent in High Point, NC?
The median gross rent in High Point, NC is $1,062 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $12,744.
What is the median household income in High Point?
The median household income in High Point, NC is $61,228 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%.

Compare High Point With

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