Cost of Living in Mitchell County, NC

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

Median Income

$55,534

Median Rent

$701/mo

Median Home

$191,400

Affordability

415

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$968
Property Tax$83
Insurance$64

Total Monthly$1,115
% of Income24.1%

Renting

Median Rent$701
Renter's Insurance$25

Total Monthly$726
% of Income15.1%

Living in Mitchell County, North Carolina

Mitchell County has a median household income of $55,534 with housing costs that represent 24.1% of income for owners and 15.1% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 415 (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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Family and education

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.