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North Carolina · Census place 46740

Newland town, NC

Quick answer

Newland town has 815 residents, ranking #495 of 777 places in North Carolina. Median household income is $43,429, the median home is worth $223,800 and median gross rent runs $774 a month.

Population
815Newland town residents
Median household income
$43,429Past 12 months, inflation adjusted
Median home value
$223,800Owner-occupied units
Median gross rent
$774Rent plus utilities, monthly
Median age
50 yrsAll residents
Homeownership rate
52.6%Owner-occupied households

What the numbers mean in Newland town

Housing cost measured against local earnings.

A household earning the Newland town median would spend about 21.4% 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 5.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 12.1% of residents and 52.6% 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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