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North Carolina · Census place 20980

Elm City town, NC

Quick answer

Elm City town has 1,173 residents, ranking #425 of 777 places in North Carolina. Median household income is $44,698, the median home is worth $106,600 and median gross rent runs $829 a month.

Population
1,173Elm City town residents
Median household income
$44,698Past 12 months, inflation adjusted
Median home value
$106,600Owner-occupied units
Median gross rent
$829Rent plus utilities, monthly
Median age
49.6 yrsAll residents
Homeownership rate
65.4%Owner-occupied households

What the numbers mean in Elm City town

Housing cost measured against local earnings.

A household earning the Elm City town median would spend about 22.3% 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 2.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 18.4% of residents and 65.4% 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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