Cost of Living in Winston-Salem, NC
Population: 250,887 • 2026 Data
$57,673
Median Household Income
-25% vs national
$1,033
Median Monthly Rent
-23% vs national
$208,200
Median Home Value
-39% vs national
5.9%
Unemployment Rate
Housing in Winston-Salem
The median home value in Winston-Salem, NC is $208,200. Monthly rent for a typical unit averages $1,033, while total monthly housing costs (including utilities and insurance) average $1,040.
Rent-to-income ratio: 21.5%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Winston-Salem, NC is $57,673. The unemployment rate stands at 5.9%, with a labor force of 122,917 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.