Cost of Living in Buncombe County, NC

What does it cost to live in Buncombe County? Income, housing, and affordability breakdown.

Median Income

$66,531

Median Rent

$1,209/mo

Median Home

$328,900

Affordability

286

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$1,663
Property Tax$167
Insurance$110

Total Monthly$1,940
% of Income35%

Renting

Median Rent$1,209
Renter's Insurance$25

Total Monthly$1,234
% of Income21.8%

Living in Buncombe County, North Carolina

Buncombe County has a median household income of $66,531 with housing costs that represent 35% of income for owners and 21.8% for renters. Housing costs exceed the recommended 30% threshold, suggesting affordability challenges.

The affordability index of 286 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in North Carolina

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.