Weddington, NC

Very High · 190

North Carolina · Population 13,468 · Updated March 2026

$2,205
Median Rent / Month
$196,159
Median Income
$730,200
Median Home Value
$2,676
Owner Costs / Month

Affordability

How far your income goes in Weddington

13.5%
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

$26,460
Annual Rent
$8,827
State Income Tax
$5,842
Property Tax (est.)

Cost of Living Overview

Weddington has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 190 (where 100 equals the national median), Weddington residents can expect to pay median rent of $2,205/month while earning a median household income of $196,159/year.

The median home value in Weddington, NC is $730,200, with typical monthly owner costs around $2,676 including mortgage, insurance, and taxes. The median rent-to-income ratio of 13.5% 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 Weddington.

Frequently Asked Questions

Common questions about living costs in Weddington

What is the cost of living in Weddington, NC?
The cost of living index in Weddington, NC is 190 (US average = 100). Median monthly rent is $2,205, median household income is $196,159/year, and the median home value is $730,200.
Is Weddington, NC affordable?
No, Weddington is more expensive than the national average with a cost index of 190. The rent-to-income ratio is 13.5%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Weddington, NC?
The median gross rent in Weddington, NC is $2,205 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $26,460.
What is the median household income in Weddington?
The median household income in Weddington, NC is $196,159 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%.