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ZipNumbers

North Carolina · Census place 48040

Oakboro town, NC

Quick answer

Oakboro town has 2,453 residents, ranking #300 of 777 places in North Carolina. Median household income is $76,071, the median home is worth $235,800 and median gross rent runs $1,028 a month.

Population
2,453Oakboro town residents
Median household income
$76,071Past 12 months, inflation adjusted
Median home value
$235,800Owner-occupied units
Median gross rent
$1,028Rent plus utilities, monthly
Median age
38.2 yrsAll residents
Homeownership rate
79.9%Owner-occupied households

What the numbers mean in Oakboro town

Housing cost measured against local earnings.

A household earning the Oakboro town median would spend about 16.2% 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 3.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5.6% of residents and 79.9% 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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