North Carolina · Census, HUD and BEA figures · Updated

Cost of Living in Guilford County, NC

Prices around Guilford County, NC run 7.1% below the U.S. average (BEA, the metro area). The typical household there earns $68,642 a year, and HUD puts a two-bedroom at $1,330 a month. Keeping that rent under 30% of income takes about $53,200 a year.

Guilford County, NC at a glance

Median household income

$68,642$5,720 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,330HUD FY2026 Fair Market Rent
Price level (U.S. = 100)92.9-7.1% · BEA, the metro area
Electricity14.7¢per kWh · EIA Residential NC
Population547,940Census ACS 5-year estimate

How much rent can you afford in Guilford 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$1,330Monthly market rent
Share of gross income23.3%Recommended max: 30%
Annual income needed$53,200To meet the 30% standard
Max affordable rent$1,716At 30% of $68,642
0%30% (Affordability standard)100%
Compare against:

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

HUD's fiscal 2026 Fair Market Rents for Greensboro-High Point, NC HUD Metro FMR Area, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Guilford County, NC, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$1,159$13,908$46,36020.3%
1-Bedroom Apartment$1,213$14,556$48,52021.2%
2-Bedroom ApartmentBenchmark$1,330$15,960$53,20023.3%
3-Bedroom Home$1,703$20,436$68,12029.8%
4-Bedroom Home$1,960$23,520$78,40034.3%

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

What a typical income covers in Guilford County, NC

The 50/30/20 rule applied to the local median of $68,642 a year ($5,720 a month before tax).

Needs (50%)$2,860/moRent ($1,330 2-BR), utilities (~$133/mo), groceries, transit
Wants (30%)$1,716/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,144/moEmergency fund, retirement, paying down loans

What $68,642 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.

$68,642
$25,000$140,000
Filing status:
Gross salary breakdown$68,642
Net 80%
Fed 9%
NC 3%
FICA 8%
Annual take-home$54,890After all taxes
Monthly deposit$4,574Estimated per month
Biweekly paycheck$2,111Every 2 weeks (26/yr)
Effective tax rate20%Total tax burden
Federal income tax$6,271 / yr
North Carolina state income tax$2,230 / yr
FICA (Social Security & Medicare)$5,251 / yr

Living in Guilford County, NC: common questions

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

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Guilford County, NC is $68,642 per year (approximately $5,720 per month).

What is the average rent in Guilford County, NC?

The closest official figure is HUD's Fair Market Rent for 2026: $1,159 for a studio, $1,213 for one bedroom, $1,330 for two, $1,703 for three and $1,960 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 Guilford County, NC expensive to live in?

Prices there run 7.1% below the U.S. average. BEA's regional price parity for the metro area is 92.9, 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 Guilford County, NC?

To keep a $1,330 two-bedroom under 30% of gross income, a household needs about $53,200 a year, or $4,433 a month. That is 78% of what the typical household in Guilford County, NC earns.

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

On the local median income of $68,642 ($5,720 a month before tax), the 50/30/20 rule leaves $2,860 a month for needs like rent, utilities and groceries, $1,716 for everything else and $1,144 for savings or debt. A two-bedroom at $1,330 takes 47% of the needs share.

How much is the electric bill in Guilford 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.