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North Carolina · Census place 47020

Newton Grove town, NC

Quick answer

Newton Grove town has 574 residents, ranking #563 of 777 places in North Carolina. Median household income is $68,750, the median home is worth $155,000 and median gross rent runs $969 a month.

Population
574Newton Grove town residents
Median household income
$68,750Past 12 months, inflation adjusted
Median home value
$155,000Owner-occupied units
Median gross rent
$969Rent plus utilities, monthly
Median age
56.2 yrsAll residents
Homeownership rate
72.5%Owner-occupied households

What the numbers mean in Newton Grove town

Housing cost measured against local earnings.

A household earning the Newton Grove town median would spend about 16.9% 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 2.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.9% of residents and 72.5% 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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