Cost of Living in Asheboro, NC
Population: 27,353 • 2026 Data
$48,628
Median Household Income
-37% vs national
$855
Median Monthly Rent
-37% vs national
$162,800
Median Home Value
-52% vs national
4.4%
Unemployment Rate
Housing in Asheboro
The median home value in Asheboro, NC is $162,800. Monthly rent for a typical unit averages $855, while total monthly housing costs (including utilities and insurance) average $854.
Rent-to-income ratio: 21.1%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Asheboro, NC is $48,628. The unemployment rate stands at 4.4%, with a labor force of 12,482 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.