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North Carolina · Census place 14700

Cornelius town, NC

Quick answer

Cornelius town has 32,009 residents, ranking #32 of 777 places in North Carolina. Median household income is $114,688, the median home is worth $512,400 and median gross rent runs $1,571 a month.

Population
32,009Cornelius town residents
Median household income
$114,688Past 12 months, inflation adjusted
Median home value
$512,400Owner-occupied units
Median gross rent
$1,571Rent plus utilities, monthly
Median age
44.8 yrsAll residents
Homeownership rate
69.7%Owner-occupied households

What the numbers mean in Cornelius town

Housing cost measured against local earnings.

A household earning the Cornelius town median would spend about 16.4% 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 4.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4.4% of residents and 69.7% 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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