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These days, finding an affordable place to live in the Salisbury area can be challenging. Home prices in Salisbury are now at a median cost of $246,178, lower than the North Carolina average of $323,314.
The average cost of rent is $1,122/mo in Salisbury, primarily driven by the current value of real estate in the Salisbury area. In Salisbury, 33.87% of households rent, and 41.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Salisbury is $5,587 per month. Households that rent pay about 20.07% of their income on rent here. Salisbury’s most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- East Spencer, NC: less expensive homes
- Granite Quarry, NC: equally priced homes
- Spencer, NC: less expensive homes
- Faith, NC: higher priced homes
- Barber, NC: equally priced homes
- China Grove, NC: equally priced homes
- Rockwell, NC: equally priced homes
- Linwood, NC: less expensive homes
- Landis, NC: equally priced homes
- Southmont, NC: higher priced homes
Cities with Similar Populations
- Ewa Beach, HI: higher priced homes
- Euless, TX: higher priced homes
- Eugene, OR: higher priced homes
- Fairfax, VA: higher priced homes
- Fairfield, CA: higher priced homes
- Evanston, IL: higher priced homes
- Evansville, IN: less expensive homes
- Englewood, CO: higher priced homes
- Enterprise, NV: higher priced homes
- Everett, WA: higher priced homes
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