Mount Holly, NC

Below Avg · 87

North Carolina · Population 17,928 · Updated March 2026

$1,145
Median Rent / Month
$75,928
Median Income
$286,400
Median Home Value
$1,319
Owner Costs / Month

Affordability

How far your income goes in Mount Holly

18.1%
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

$13,740
Annual Rent
$3,417
State Income Tax
$2,291
Property Tax (est.)

Cost of Living Overview

Mount Holly offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 87 (where 100 equals the national median), Mount Holly residents can expect to pay median rent of $1,145/month while earning a median household income of $75,928/year.

The median home value in Mount Holly, NC is $286,400, with typical monthly owner costs around $1,319 including mortgage, insurance, and taxes. The median rent-to-income ratio of 18.1% 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 Mount Holly.

Frequently Asked Questions

Common questions about living costs in Mount Holly

What is the cost of living in Mount Holly, NC?
The cost of living index in Mount Holly, NC is 87 (US average = 100). Median monthly rent is $1,145, median household income is $75,928/year, and the median home value is $286,400.
Is Mount Holly, NC affordable?
Yes, Mount Holly is more affordable than the national average with a cost index of 87. The rent-to-income ratio is 18.1%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Mount Holly, NC?
The median gross rent in Mount Holly, NC is $1,145 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $13,740.
What is the median household income in Mount Holly?
The median household income in Mount Holly, NC is $75,928 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%.