North Carolina · Census place 55640
Red Oak town, NC
Quick answer
Red Oak town has 3,372 residents, ranking #240 of 777 places in North Carolina. Median household income is $81,464, the median home is worth $236,200 and median gross rent runs $818 a month.
- Population
- 3,372Red Oak town residents
- Median household income
- $81,464Past 12 months, inflation adjusted
- Median home value
- $236,200Owner-occupied units
- Median gross rent
- $818Rent plus utilities, monthly
- Median age
- 51.2 yrsAll residents
- Homeownership rate
- 83.6%Owner-occupied households
What the numbers mean in Red Oak town
Housing cost measured against local earnings.
A household earning the Red Oak town median would spend about 12% 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 2.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2.8% of residents and 83.6% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in North Carolina.
- Rural Hall town 3,421
- Windsor town 3,417
- Enochville CDP 3,392
- Lake Park village 3,365
- Spencer town 3,305
- Elizabethtown town 3,294
- Plymouth town 3,264
Keep going
More North Carolina coverage.