B+

Alexander, NC

Source:

Affordability Score: 79/100

Population: 3,635 · 1 ZIP codes

The affordability dashboard for Alexander, NC aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 3,635 residents, then layers in county-level federal data to produce an overall grade of B+ (79/100). The headline inputs are median household income of $108,125, median home value of $324,300, median rent of $1,128 per month, and 44.9% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,567 per month (studio $1,227, 1BR $1,429, 3BR $1,905, 4BR $2,629). Department of Labor data lists infant center-based childcare at $9,920 per year, consuming 9% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Alexander, NC include income, education, rent, childcare. Unemployment currently reads 2.8% and poverty 4.8% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income A-
$108,125
Median household income
Education B+
44.9%
Bachelor's degree or higher
Housing B-
3.0x
Home value $324,300 vs income
Commute N/A
N/A
Average commute time
Rent A-
$1,567/mo
2BR fair market rent (17% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare B+
$9,920/yr
Center-based infant care (9% of income)

Income & Employment

Median Income
$108,125
▲ 74% vs national
Per Capita Income
$39,819
Unemployment Rate
2.8%
Poverty Rate
4.8%

Housing

Median Home Value
$324,300
▲ 18% vs national
Median Rent
$1,128/mo
Owner Occupied
86.5%
2BR Fair Market Rent
$1,567/mo
▲ 31% vs national

Fair Market Rents by Bedroom

Studio
$1,227
1BR
$1,429
2BR
$1,567
3BR
$1,905
4BR
$2,629

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
44.9%
▲ 15 ppt vs national
High School+
62.4%
Median Age
40.7
Avg. Commute

Childcare Costs

Infant (Center)
$9,920/yr
9% of income
Toddler (Center)
$8,579/yr
Preschool (Center)
$9,099/yr
School-Age (Center)
$7,021/yr

What This Means

Alexander, NC receives an overall affordability grade of B+ (79/100), aggregated from 1 ZIP codes with a total population of 3,635. This area performs well in income and education and rent and childcare. Data was unavailable for commute, safety — these dimensions were excluded from the overall score.

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What are common questions about this dashboard?

Is Alexander, NC affordable?
Alexander, NC receives an overall affordability grade of B+ (79/100) based on Census, HUD, FBI, and DOL data. Median household income is $108,125. Median home value is $324,300.
What is the cost of living in Alexander?
Key cost metrics: Median rent $1,128/mo. 2BR fair market rent $1,567/mo. Infant childcare $9,920/yr. Median home value $324,300.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →