![]() While median income in Winston Salem remained $47269, which is 30% lower than national average. Median home value in Winston Salem is $152000, which is 34% lower than national average. Based on the growth in home prices in Hanestown over the last 3 years, it ranks No. With a median home price of 100,008 and a median rent of 915, Hanestown is the most affordable neighborhood on our list. When it comes to basic necessities such as food and clothing, groceries are around 6 more in Winston - Salem, NC than. With a depth of culture, arts and entertainment in an area known for its affordable cost of living and outdoor lifestyle, Winston-Salem is a great place to. Check Out The Top 10 Most Affordable Neighborhoods To Live In Winston Salem: 1. Winston - Salem, NC housing is 21 cheaper than the U.S average, while utilities are about 8 less pricey. In Winston Salem, only 34% of adults have a bachelor's degree and 29% have some college but no degree.Ĭost of living in Winston Salem is 94, which is 6% lower than national average. The cost of living in Winston - Salem, NC is 1 higher than the state average and 4 lower than the national average. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. Nearly 1 times comparable to 4.7% national rate, according to the Census. The unemployment rate of Winston Salem remained 5.6%, which is 19% higher than national rate. Nearly 52.2% of households earn less than $50,000 a year compared to 39% national rate.Ī high school education is a basic prerequisite for most jobs, and in Winston Salem, only 88% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The most walkable Winston-Salem neighborhoods are Downtown. The average cost of living in Winston-Salem is 1898, which is in the top 21 of the most expensive cities in the world, ranked 1970th out of 9294 in our. The typical household in Winston Salem earns $47269 a year, compared to the national median of $67,500. See the best Winston-Salem apartments for walking, biking, commuting and public transit. The poverty rate of Winston Salem is 19.2%, which is 37% higher than national average. Winston Salem is a city in North Carolina state in USA with a population of 245787 residents. The cost of living calculator tells you how much money you need to maintain your current standard of living in a different city.
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