Cost of Living in Winston-Salem, North Carolina

Winston-Salem has a population of about 252,037. The median household income is $59,268, median gross rent is $1,087/month, and the median home value is $233,800. Below is how Winston-Salem compares to the US.

Median Gross Rent $1,087/mo 34% below the national median

Median Home Value $233,800 38% below the national median

Median Household Income $59,268 29% below the national median

Population 252,037

Is Winston-Salem expensive to live in?

Compared with the national median, rent in Winston-Salem is 34% below the national median and home values are 38% below the national median. Household income here is 29% below the national median. Monthly rent represents roughly 22% of the median annual household income, a rough affordability signal for renters.

Frequently asked questions

What is the average rent in Winston-Salem?

The median gross rent in Winston-Salem, North Carolina is $1,087 per month (US Census ACS).

What is the median home price in Winston-Salem?

The median home value in Winston-Salem is $233,800.

How much do people earn in Winston-Salem?

The median household income in Winston-Salem is $59,268 per year.

Data source: U.S. Census Bureau, 2024 American Community Survey (ACS) 5-Year Estimates. Last updated 2026-07-11.