States › North Carolina › Woodfin

Is Woodfin, NC expensive to live in?

OKRent takes 30 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,8958% higher than U.S. average
💵 Families earn per year (2026)$76,988about $6,416/month · 12% lower than U.S. average
🔑 House price$366,70010% higher than U.S. average

Rent is higher than in 63% of U.S. cities. A typical house costs about 4.8 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $75,800 a year. That is $36 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 126 of 164 cities from cheapest to most expensive.

Woodfin
$1,895
Butner
$1,375
Fletcher
$1,561
Siler City
$1,052
Cullowhee
$818
Etowah
$1,487
Roxboro
$1,022

How much do households earn in Woodfin?

Under $25k
12.3%
$25k–50k
27.9%
$50k–100k
36.3%
$100k–150k
10.4%
$150k+
10.3%

Share of households by yearly income. 20.7% of households earn $100,000 or more.

Rent by apartment size in Woodfin

SizeWoodfinU.S. average
1 bedroom$1,302$1,324
2 bedrooms$1,678$1,509
3 bedrooms$1,946$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Woodfin 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 Woodfin, so the North Carolina figure is shown.

Taxes and bills in Woodfin

🏛️ Property tax$2,444a year · 0.67% of home value · U.S. $3,119
⚡ Electric bill$139a month (typical) · U.S. $156

Life in Woodfin

Commute to work22.8 minU.S.: 26.4 min
College degree45.9%U.S.: 35.7%
Own their home53.7%U.S.: 65.2%
Below poverty line14.1%U.S.: 12.5%
Unemployment3%U.S.: 5.2%

Is it cheaper to rent or buy in Woodfin?

Renting is cheaper right now: about $649 a month less.

Renting
$1,895
Owning
$2,544

Owning assumes a typical $366,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $36,670 for the down payment.

Frequently asked questions

What is the average rent in Woodfin, NC?

Renting in Woodfin costs a median of about $1,895 a month in 2026, including utilities. The North Carolina median is $1,496.

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

To keep rent under 30% of income, you need about $75,800 a year, or $36 an hour at a full-time job.

Is Woodfin cheap or expensive?

Woodfin is rated OK: rent takes 29.5% of the typical household income of $76,988. It ranks 126th cheapest of 164 North Carolina cities we track.

How much are property taxes in Woodfin?

The median homeowner in Woodfin pays $2,444 a year in property taxes, about 0.67% of the median home value.

Is Woodfin 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 Woodfin?

The median home value in Woodfin is $366,700, about 4.8 times the typical yearly household income.

8,048 people live in Woodfin. Numbers are typical (middle) values.