States › North Carolina › Northchase

Is Northchase, NC expensive to live in?

ExpensiveRent takes 37 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,99514% higher than U.S. average
💵 Families earn per year (2026)$64,036about $5,336/month · 26% lower than U.S. average
🔑 House price$318,4004% lower than U.S. average

Rent is higher than in 69% of U.S. cities. Incomes are on the low side for rents this high, so budgets feel tight. A typical house costs about 5.0 years of household income. Most households rent (58%), so there are plenty of rental options.

How much money do I need?

To rent here comfortably, you should earn about $79,800 a year. That is $38 an hour at a full-time job.

Is rent cheaper than other North Carolina cities?

No. Rent here is more expensive than in most of North Carolina. It is number 139 of 164 cities from cheapest to most expensive.

Northchase
$1,995
$1,455
$1,637
$942
$673

How much do households earn in Northchase?

Under $25k
5.0%
$25k–50k
26.4%
$50k–100k
41.0%
$100k–150k
6.7%
$150k+
3.3%

Share of households by yearly income. 10.0% of households earn $100,000 or more.

How expensive is Northchase overall?

Everyday prices in North Carolina overall are 6% below the U.S. average (index 94.3, U.S. = 100).

Housing
81
Goods (food, clothes…)
97
Utilities
89
Other services
98
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Northchase, so the North Carolina figure is shown.

Taxes and bills in Northchase

🏛️ Property tax$1,487a year · 0.47% of home value · U.S. $3,119
⚡ Electric bill$169a month (typical) · U.S. $156

Life in Northchase

Commute to work21.7 minU.S.: 26.4 min
College degree35.2%U.S.: 35.7%
Own their home42.5%U.S.: 65.2%
Below poverty line22.3%U.S.: 12.5%
Unemployment19.2%U.S.: 5.2%

Is it cheaper to rent or buy in Northchase?

Renting is cheaper right now: about $214 a month less.

Renting
$1,995
Owning
$2,209

Owning assumes a typical $318,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $31,840 for the down payment.

Frequently asked questions

What is the average rent in Northchase, NC?

Renting in Northchase costs a median of about $1,995 a month in 2026, including utilities. The North Carolina median is $1,496.

How much do I need to make to live in Northchase?

To keep rent under 30% of income, you need about $79,800 a year, or $38 an hour at a full-time job.

Is Northchase cheap or expensive?

Northchase is rated Expensive: rent takes 37.4% of the typical household income of $64,036. It ranks 139th cheapest of 164 North Carolina cities we track.

How much are property taxes in Northchase?

The median homeowner in Northchase pays $1,487 a year in property taxes, about 0.47% of the median home value.

Is Northchase more expensive than the national average?

Overall prices in North Carolina are 6% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Northchase?

The median home value in Northchase is $318,400, about 5.0 times the typical yearly household income.

5,896 people live in Northchase. Numbers are typical (middle) values.