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North Carolina · Census place 10240

Canton town, NC

Quick answer

Canton town has 4,417 residents, ranking #193 of 777 places in North Carolina. Median household income is $64,034, the median home is worth $226,400 and median gross rent runs $850 a month.

Population
4,417Canton town residents
Median household income
$64,034Past 12 months, inflation adjusted
Median home value
$226,400Owner-occupied units
Median gross rent
$850Rent plus utilities, monthly
Median age
36.3 yrsAll residents
Homeownership rate
69.9%Owner-occupied households

What the numbers mean in Canton town

Housing cost measured against local earnings.

A household earning the Canton town median would spend about 15.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.8% of residents and 69.9% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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