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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

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