Mooresville, NC

Average · 108

North Carolina · Population 51,447 · Updated March 2026

$1,505
Median Rent / Month
$88,592
Median Income
$348,500
Median Home Value
$1,521
Owner Costs / Month

Affordability

How far your income goes in Mooresville

20.4%
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

$18,060
Annual Rent
$3,987
State Income Tax
$2,788
Property Tax (est.)

Cost of Living Overview

Mooresville is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 108 (where 100 equals the national median), Mooresville residents can expect to pay median rent of $1,505/month while earning a median household income of $88,592/year.

The median home value in Mooresville, NC is $348,500, with typical monthly owner costs around $1,521 including mortgage, insurance, and taxes. The median rent-to-income ratio of 20.4% 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 Mooresville.

Frequently Asked Questions

Common questions about living costs in Mooresville

What is the cost of living in Mooresville, NC?
The cost of living index in Mooresville, NC is 108 (US average = 100). Median monthly rent is $1,505, median household income is $88,592/year, and the median home value is $348,500.
Is Mooresville, NC affordable?
No, Mooresville is more expensive than the national average with a cost index of 108. The rent-to-income ratio is 20.4%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Mooresville, NC?
The median gross rent in Mooresville, NC is $1,505 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $18,060.
What is the median household income in Mooresville?
The median household income in Mooresville, NC is $88,592 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%.