North Carolina · Census place 48060
Oak City town, NC
Quick answer
Oak City town has 472 residents, ranking #596 of 777 places in North Carolina. Median household income is $60,739, the median home is worth $87,400 and median gross rent runs $950 a month.
- Population
- 472Oak City town residents
- Median household income
- $60,739Past 12 months, inflation adjusted
- Median home value
- $87,400Owner-occupied units
- Median gross rent
- $950Rent plus utilities, monthly
- Median age
- 50 yrsAll residents
- Homeownership rate
- 42.9%Owner-occupied households
What the numbers mean in Oak City town
Housing cost measured against local earnings.
A household earning the Oak City town median would spend about 18.8% 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 1.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.6% of residents and 42.9% 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.
- Salemburg town 486
- Dublin town 482
- Montreat town 474
- Cape Colony CDP 470
- Pink Hill town 470
- Washington Park town 470
- Bolton town 469
Keep going
More North Carolina coverage.