What Salary Do You Need to Live in Winston-Salem, NC?

To live comfortably in Winston-Salem, a household needs to earn roughly $55,000/year. That's about $4,583/month before taxes.

The Number: $55,000/year

At $55,000 per year, a household in Winston-Salem can afford median-priced rental housing at roughly 28% of gross income.

This is based on Winston-Salem's median monthly rent of $1,271 and the 28% housing guideline. Source: Census ACS 2024.

Winston-Salem at a Glance

Median rent$1,271/mo
Median home price$281,200
Median household income$57,758
State income tax4.25% flat
Sales tax6.75%

Sources: Census ACS 2024, Tax Foundation.

For Single Residents

A single person can live comfortably in Winston-Salem on roughly $35,000/year. That's about $2,917/month before taxes.

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Note: Salary estimates are based on the 28% housing guideline applied to median rents from Census ACS 2024. Individual circumstances vary. Full disclaimer.

Salary Questions About Winston-Salem

The median monthly rent is $1,271. Using the 30% guideline, you need about $51,000/year to afford this comfortably.

The median home price is $281,200. With a 20% down payment, you would need roughly $56,240 saved and a household income to support the mortgage payments.

The median household income is $57,758/year. Our recommended salary of $55,000/year is near the median, reflecting a comfortable (not extravagant) standard of living.