Town27,156 people

Asheboro, NC

Discover how far your salary goes in Asheboro. Compare taxes, rent, and living costs.

Cost Index
108
⚖️ Average
Population

27,156

State Tax

5.3%

1BR Rent

$1,264

/month

vs National

-10%

below avg

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Rent Prices in Asheboro

🏠

Studio

$1,011

/month

$12,132/year

Most Common
🛏️

1 Bedroom

$1,264

/month

$15,168/year

🏡

2 Bedroom

$1,706

/month

$20,472/year

🏘️

3 Bedroom

$2,212

/month

$26,544/year

Taxes in North Carolina

State Income Tax

North Carolina

5.3%

For a $100k salary, that's ~$5,250/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Asheboro, NC?

Asheboro has a cost of living index of 108, which is 8% above the national average. A 1-bedroom apartment costs around $1,264/month.

What is the state income tax in North Carolina?

North Carolina has a state income tax rate of approximately 5.3%. This is in addition to federal income tax.

How much is rent in Asheboro?

The median rent for a 1-bedroom apartment in Asheboro is $1,264/month. For a 2-bedroom, expect to pay around $1,706/month. This is 10% below the national average.

Is Asheboro a good place to live?

Asheboro is a town with a population of 27,156. The cost of living is average, making it about average cost for the US.

See the complete picture for Asheboro

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