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North Carolina · Census place 27120

Gorman CDP, NC

Quick answer

Gorman CDP has 1,447 residents, ranking #391 of 777 places in North Carolina. Median household income is $56,094, the median home is worth $248,000 and median gross rent runs $1,299 a month.

Population
1,447Gorman CDP residents
Median household income
$56,094Past 12 months, inflation adjusted
Median home value
$248,000Owner-occupied units
Median gross rent
$1,299Rent plus utilities, monthly
Median age
39.8 yrsAll residents
Homeownership rate
60.6%Owner-occupied households

What the numbers mean in Gorman CDP

Housing cost measured against local earnings.

A household earning the Gorman CDP median would spend about 27.8% 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 4.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 18.5% of residents and 60.6% 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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