What Salary Do You Need to Live in Wilmington, NC?
To live comfortably in Wilmington, a household needs to earn roughly $65,000/year. That's about $5,417/month before taxes.
The Number: $65,000/year
At $65,000 per year, a household in Wilmington can afford median-priced rental housing at roughly 28% of gross income.
This is based on Wilmington's median monthly rent of $1,541 and the 28% housing guideline. Source: Census ACS 2024.
Wilmington at a Glance
Sources: Census ACS 2024, Tax Foundation.
For Single Residents
A single person can live comfortably in Wilmington on roughly $40,000/year. That's about $3,333/month before taxes.
Salary Questions About Wilmington
The median monthly rent is $1,541. Using the 30% guideline, you need about $62,000/year to afford this comfortably.
The median home price is $428,900. With a 20% down payment, you would need roughly $85,780 saved and a household income to support the mortgage payments.
The median household income is $63,165/year. Our recommended salary of $65,000/year is above the median, reflecting a comfortable (not extravagant) standard of living.