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North Carolina · Census place 56360

Richlands town, NC

Quick answer

Richlands town has 2,387 residents, ranking #309 of 777 places in North Carolina. Median household income is $61,607, the median home is worth $217,800 and median gross rent runs $929 a month.

Population
2,387Richlands town residents
Median household income
$61,607Past 12 months, inflation adjusted
Median home value
$217,800Owner-occupied units
Median gross rent
$929Rent plus utilities, monthly
Median age
29.2 yrsAll residents
Homeownership rate
64.7%Owner-occupied households

What the numbers mean in Richlands town

Housing cost measured against local earnings.

A household earning the Richlands town median would spend about 18.1% 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 3.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.4% of residents and 64.7% 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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