North Carolina · Census place 20840
Ellerbe town, NC
Quick answer
Ellerbe town has 1,070 residents, ranking #443 of 777 places in North Carolina. Median household income is $48,404, the median home is worth $107,200 and median gross rent runs $547 a month.
- Population
- 1,070Ellerbe town residents
- Median household income
- $48,404Past 12 months, inflation adjusted
- Median home value
- $107,200Owner-occupied units
- Median gross rent
- $547Rent plus utilities, monthly
- Median age
- 31.5 yrsAll residents
- Homeownership rate
- 69.3%Owner-occupied households
What the numbers mean in Ellerbe town
Housing cost measured against local earnings.
A household earning the Ellerbe town median would spend about 13.6% 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 2.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 16% of residents and 69.3% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in North Carolina.
- Faith town 1,090
- Harkers Island CDP 1,080
- Camden CDP 1,072
- Maury CDP 1,069
- Toast CDP 1,066
- Efland CDP 1,064
- Stem town 1,064
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More North Carolina coverage.