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North Carolina · Census place 55660

Red Springs town, NC

Quick answer

Red Springs town has 3,107 residents, ranking #255 of 777 places in North Carolina. Median household income is $19,752, the median home is worth $85,400 and median gross rent runs $635 a month.

Population
3,107Red Springs town residents
Median household income
$19,752Past 12 months, inflation adjusted
Median home value
$85,400Owner-occupied units
Median gross rent
$635Rent plus utilities, monthly
Median age
32.9 yrsAll residents
Homeownership rate
54.6%Owner-occupied households

What the numbers mean in Red Springs town

Housing cost measured against local earnings.

A household earning the Red Springs town median would spend about 38.6% 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 4.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 39.1% of residents and 54.6% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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