Cost of Living in Trent Woods, NC
Population: 4,086 | North Carolina
Trent Woods is 2% less expensive than the national average.
Cost of Living in Trent Woods, NC: What You Need to Know
With a cost of living index of 98, Trent Woods, NC is slightly more affordable than average. Living here is 2% cheaper than the national average and 13% above the North Carolina state average of 84. Trent Woods is a small community of 4,086 residents.
Housing costs are the biggest factor in Trent Woods's cost of living. The median monthly rent is $1,342 (2% above the US median of $1,319), and the median home value sits at $294,200 (4% below the national median of $304,900). At current prices, the median home costs roughly 2.7x the median household income — well within traditional affordability guidelines.
The median household income in Trent Woods is $109,097, which is 45% higher than the national median of $75,149. Residents spend roughly 15% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $109,097
- vs US Median ($75,149)
- +45%
Housing
- Median Rent
- $1,342/mo
- Median Home Value
- $294,200
- Median Monthly Housing Cost
- $1,203/mo