Winston-Salem, NC
Complete city guide with real-time data from official US government sources.
Lifestyle Impact in Winston-Salem
Winston-Salem is 8.6% cheaper than the national average. We calculate how much your salary "feels like" here.
Winston-Salem: The Data Profile (2026)
Winston-Salem represents a specific tier of the post-remote housing market: the "educated affordability" hub. With a population of 252,970, it lacks the sprawl of a major metro but retains a distinct economic footprint. The city's defining characteristic is the disparity between educational attainment and income. The 44.6% college-educated rate is 11.5 percentage points higher than the US average of 33.1%, yet the median income sits at $59,189, which is $15,391 lower (-20.6%) than the national median of $74,580.
The statistical target demographic is the "remote-first earner" or the dual-income household where at least one partner works in the biotech or academic sectors. For a household earning the national median of $74,580, Winston-Salem offers a purchasing power increase of roughly 25% due to the housing index of 75.8. However, for local earners, the 44.6% education rate suggests a competitive labor market for white-collar roles, despite the suppressed wage data.
Cost of Living Analysis
The cost of living index provides a $1,400 monthly advantage for a family of four compared to the US average, driven primarily by the 75.8 housing index.
| Expense Category | Single Adult | Family of 4 | Index vs US (100) |
|---|---|---|---|
| Housing | $985 | $1,620 | 75.8 (-24.2%) |
| Groceries | $358 | $1,023 | 89.5 (-10.5%) |
| Transportation | $480 | $1,250 | 89.4 (-10.6%) |
| Healthcare | $340 | $1,080 | 92.0 (-8.0%) |
| Utilities | $160 | $280 | 14.13ยข/kWh |
| Total Monthly | $2,323 | $5,253 | -- |
Disposable Income Analysis:
The median income of $59,189 translates to approximately $3,980 in monthly take-home pay (assuming effective tax rate of 18%). For a single earner on the median salary, the single-adult budget of $2,323 leaves $1,657 in disposable income. For a dual-income household (two median earners), the take-home is $7,960, against a family budget of $5,253, leaving $2,707 monthly surplus. This surplus is $800 higher than the same scenario in the average US city.
๐ฐ Cost of Living vs US Average
Winston-Salem's prices compared to national average (100 = US Average)
Source: BLS & BEA RPP (2025 Est.)
Housing Market Deep Dive
The housing market is the city's primary economic lever. The spread between buying and renting is compressed by the low interest rate environment of the mid-2020s, but the entry price for ownership remains accessible.
| Metric | Winston-Salem Value | US Average | Difference |
|---|---|---|---|
| Median Home Price | $265,000 | $416,000 | -36.3% |
| Price per SqFt | $168 | $260 | -35.4% |
| Rent (1BR) | $1,020 | $1,620 | -37.0% |
| Rent (2BR) | $1,232 | $1,850 | -33.4% |
| Housing Index | 75.8 | 100 | -24.2% |
Buy vs. Rent Analysis:
With a median home price of $265,000 and a median rent (2BR) of $1,232, the price-to-rent ratio is 17.9. In the US market, a ratio above 21 typically favors renting. However, Winston-Salem's ratio of 17.9 suggests that purchasing is the financially prudent move for those staying longer than 3 years. The $168 per square foot acquisition cost allows equity buildup to outpace the opportunity cost of renting significantly faster than in coastal markets.
๐ Real Estate Market
Economic & Job Market Outlook
RTO & Commute:
In the 2026 landscape, "Return to Office" (RTO) mandates are hybrid rather than full-time. Winston-Salem's average commute time is 22 minutes, significantly lower than the national average of 28 minutes. The 89.4 transportation index reflects lower fuel and insurance costs relative to the US average.
Industry Stability & Unemployment:
The local economy is anchored by Wake Forest University School of Medicine, the Innovation Quarter, and Hanesbrands. The unemployment rate stands at 3.8%, which is 0.2 percentage points below the US average of 4.0%. This indicates a tight labor market, particularly for the 44.6% of residents with college degrees, though wage suppression remains a factor relative to national averages.
Salary Wars
See how far your salary goes here vs other cities.
Purchasing Power Leaderboard
๐ฐ Income Comparison
Quality of Life Audit
While the economic data is strong, the health metrics present a complex picture. The city scores an aggregate Health Score of 77.6/100, but underlying risk factors are elevated.
| Metric | City Value | US Average | Rating |
|---|---|---|---|
| Health Score | 77.6/100 | 75.0 | Good |
| Obesity Rate | 42.7% | 31.9% | High |
| Diabetes Rate | 13.1% | 10.9% | High |
| Smoking Rate | 14.4% | 14.0% | Average |
| Mental Health | -- | -- | Moderate |
| AQI | 47 | 54 | Good |
| PM2.5 | 7.1 ยตg/mยณ | 8.4 ยตg/mยณ | Excellent |
| Unemployment | 3.8% | 4.0% | Excellent |
Safety & Environment:
- Violent Crime: 419 per 100k (US Avg: 380). This is 10.2% higher than average, categorized as "Average" but trending slightly upward.
- Property Crime: 2,457 per 100k (US Avg: 2,000). This is 22.8% higher than average.
- Air Quality: The AQI of 47 ("Good") and PM2.5 level of 7.1 ยตg/mยณ are major assets, sitting well below the US averages of 54 and 8.4 ยตg/mยณ respectively.
- Weather: Currently 54.0ยฐF with a high of 68ยฐF, indicating a temperate climate with distinct seasons but generally mild winters compared to the northern US.
Schools: The K-12 system is graded "B" overall on aggregate data, with strong performance in the suburban pockets (e.g., Forsyth County) driven by the 44.6% college-educated demographic.
Quality of Life Metrics
Air Quality
Health Pulse
Safety Score
The Verdict
Pros:
- Housing Affordability: The 75.8 housing index is the primary draw. Buying a home at $265,000 is statistically impossible in the majority of US metros.
- Disposable Income: For remote workers earning the national median, the effective salary bump is 25%.
- Air Quality: An AQI of 47 is a top-tier metric for health longevity.
Cons:
- Wage Suppression: Locals earn 20.6% less than the national average. Building wealth is harder if your income is tied to the local market.
- Health Risks: The obesity rate of 42.7% is a significant outlier. The environment may encourage unhealthy lifestyle choices compared to more active cities.
- Property Crime: The rate of 2,457/100k requires vigilance regarding home security and vehicle safety.
Final Recommendation:
Winston-Salem is a Buy for remote workers and a Rent for local hires until career progression secures income parity. It is ideal for professionals in healthcare, biotech, or remote tech roles who prioritize housing square footage and air quality over a vibrant nightlife scene.
FAQs
1. What salary is needed for a comfortable life in Winston-Salem?
For a single adult, a salary of $55,000 covers all expenses and allows for moderate savings. For a family of 4, a household income of $95,000 maintains a comfortable standard of living, significantly lower than the $130,000 required in the average US city.
2. Is the value proposition better than Raleigh or Charlotte?
Financially, yes. Raleigh's housing index is approximately 115 (15% above average) versus Winston-Salem's 75.8. You pay a 39% premium in Raleigh for housing to access a similar job market.
3. How dangerous is the crime rate?
While the violent crime rate is 419/100k, which is statistically "Average," it is 10% higher than the national baseline. The property crime rate is the larger concern at 2,457/100k. Standard urban precautions (locking cars, securing packages) are mandatory.
4. When is the best time to move?
The current weather of 54ยฐF and 68ยฐF highs suggests Spring/Fall are ideal. However, the housing market inventory typically peaks in late Spring (May/June). Moving in Q2 allows for a wider selection of the $265,000 median priced homes before winter inventory contraction.