North Carolina · South · 252k residents
Winston-Salem, NC: economy, jobs & business costs
The site-selection read on Winston-Salem: labor costs, talent, corporate tax, energy, and business activity, with the North Carolina median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,376/wk. North Carolina's corporate income tax rate is 2.25%. Commercial electricity averages 10.6¢/kWh.
Compare Winston-Salem side by side
Avg. weekly wage
$1,376/wk
Corporate income tax
2.25%
Bachelor's degree or higher
39.5%
Commercial electricity
10.6¢/kWh
Economic momentum
How fast Winston-Salem's economy is moving, ranked against the US cities we track.
24/100
Cooling
Ranks Winston-Salem's residential building-permit growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $233,800 |
| Price per sq. ft. | $190 |
| Property tax rate | 0.82% |
| 1-bedroom rent | $966/mo |
| 2-bedroom rent | $1,052/mo |
| State & local income tax | 3.15% |
| Sales tax | 7% |
| Corporate income tax | 2.25% |
| Avg. weekly wage | $1,376/wk |
| Bachelor's degree or higher | 39.5% |
| Commercial electricity | 10.6¢/kWh |
| Businesses per 1k residents | — |
| Wage: Software developer | $134,710 |
| Wage: Registered nurse | $84,350 |
| Wage: General manager | $101,950 |
| Wage: Customer service | $40,240 |
| Wage: Warehouse worker | $35,950 |
| Wage: Heavy truck driver | $51,530 |
| Wage: Electrician | $56,800 |
| Wage: Retail salesperson | $31,370 |
| Cost of living index | 86 |
| Groceries index | 98 |
| Utilities | $155/mo |
| Transit pass | $55/mo |
| Gas price | $3.05/gal |
| Healthcare index | 100 |
| Childcare (per child) | $1,050/mo |
| Median household income | $59,268 |
| Unemployment rate | 3.8% |
| Population | 252k |
| Crime index | 48/100 |
| School rating | 6.0/10 |
| Walkability | 42/100 |
| Disaster risk | — |
| Avg. commute | 25 min |
| Sunny days / year | 213 days |
| July high | 88°F |
| January low | 31°F |
| Annual snowfall | — |
| Home price YoY | +0.9% |
| Home price MoM | -0.3% |
| Rent YoY | +3.6% |
| Rent MoM | +0.1% |
| Employment (jobs) YoY | — |
| Building permits YoY | -35.5% |
| Ocean coast | 183 mi |
| Big lake | 57 mi |
| Mountains | 82 mi |
| Major airport | 17 mi |
| Ski resort | 91 mi |
Popular comparisons
Nearby
- Kernersville, NC · 28k
- Clemmons, NC · 22k
- High Point, NC · 116k
- Thomasville, NC · 27k
- Lexington, NC · 20k
Similar size
- Durham, NC · 291k
- Fayetteville, NC · 211k
- Greensboro, NC · 301k
- Cary, NC · 179k
- Wilmington, NC · 121k
Real listings in Winston-Salem
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Winston-Salem a good place to run a business?
- North Carolina's corporate income tax rate is 2.25%; average weekly wages in the surrounding labor market run $1,376/wk; commercial electricity averages 10.6¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Winston-Salem, NC?
- Winston-Salem indexes at 86 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,052/mo and a acs median home value of $233,800.
- How much does a house cost in Winston-Salem?
- The acs median home value in Winston-Salem is $233,800 (Census ACS estimate; individual listings vary).
- How much is rent in Winston-Salem?
- A two-bedroom in Winston-Salem rents for about $1,052/mo.