North Carolina · Census, HUD and BEA figures · Updated

Cost of Living in Alexander County, NC

Prices around Alexander County, NC run 11.5% below the U.S. average (BEA, the metro area). The typical household there earns $65,354 a year, and HUD puts a two-bedroom at $1,095 a month. Keeping that rent under 30% of income takes about $43,800 a year.

Alexander County, NC at a glance

Median household income

$65,354$5,446 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,095HUD FY2026 Fair Market Rent
Price level (U.S. = 100)88.5-11.5% · BEA, the metro area
Electricity14.7¢per kWh · EIA Residential NC
Population36,412Census ACS 5-year estimate

How much rent can you afford in Alexander County, NC?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,095Monthly market rent
Share of gross income20.1%Recommended max: 30%
Annual income needed$43,800To meet the 30% standard
Max affordable rent$1,634At 30% of $65,354
0%30% (Affordability standard)100%
Compare against:

How much is rent in Alexander County, NC? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Hickory-Lenoir-Morganton, NC MSA, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Alexander County, NC, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$858$10,296$34,32015.8%
1-Bedroom Apartment$908$10,896$36,32016.7%
2-Bedroom ApartmentBenchmark$1,095$13,140$43,80020.1%
3-Bedroom Home$1,372$16,464$54,88025.2%
4-Bedroom Home$1,660$19,920$66,40030.5%

Rent in Alexander County, NC, with the wage each unit needs →

What a typical income covers in Alexander County, NC

The 50/30/20 rule applied to the local median of $65,354 a year ($5,446 a month before tax).

Needs (50%)$2,723/moRent ($1,095 2-BR), utilities (~$133/mo), groceries, transit
Wants (30%)$1,634/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,089/moEmergency fund, retirement, paying down loans

What $65,354 leaves after North Carolina taxes

Federal income tax, Social Security, Medicare and North Carolina tax on the local median income. Change the salary to see yours.

$65,354
$25,000$135,000
Filing status:
Gross salary breakdown$65,354
Net 80%
Fed 9%
NC 3%
FICA 8%
Annual take-home$52,593After all taxes
Monthly deposit$4,383Estimated per month
Biweekly paycheck$2,023Every 2 weeks (26/yr)
Effective tax rate19.5%Total tax burden
Federal income tax$5,662 / yr
North Carolina state income tax$2,099 / yr
FICA (Social Security & Medicare)$5,000 / yr

Living in Alexander County, NC: common questions

What is the median household income in Alexander County, NC?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Alexander County, NC is $65,354 per year (approximately $5,446 per month).

What is the average rent in Alexander County, NC?

The closest official figure is HUD's Fair Market Rent for 2026: $858 for a studio, $908 for one bedroom, $1,095 for two, $1,372 for three and $1,660 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Alexander County, NC expensive to live in?

Prices there run 11.5% below the U.S. average. BEA's regional price parity for the metro area is 88.5, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Alexander County, NC?

To keep a $1,095 two-bedroom under 30% of gross income, a household needs about $43,800 a year, or $3,650 a month. That is 67% of what the typical household in Alexander County, NC earns.

How much do you need to live comfortably in Alexander County, NC?

On the local median income of $65,354 ($5,446 a month before tax), the 50/30/20 rule leaves $2,723 a month for needs like rent, utilities and groceries, $1,634 for everything else and $1,089 for savings or debt. A two-bedroom at $1,095 takes 40% of the needs share.

How much is the electric bill in Alexander County, NC?

Homes in North Carolina paid 14.7¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $133. Your bill depends mostly on heating and cooling.