North Carolina · Census place 64160
Spring Hope town, NC
Quick answer
Spring Hope town has 1,334 residents, ranking #408 of 777 places in North Carolina. Median household income is $35,577, the median home is worth $142,400 and median gross rent runs $743 a month.
- Population
- 1,334Spring Hope town residents
- Median household income
- $35,577Past 12 months, inflation adjusted
- Median home value
- $142,400Owner-occupied units
- Median gross rent
- $743Rent plus utilities, monthly
- Median age
- 52.3 yrsAll residents
- Homeownership rate
- 44%Owner-occupied households
What the numbers mean in Spring Hope town
Housing cost measured against local earnings.
A household earning the Spring Hope town median would spend about 25.1% 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 4.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 18.4% of residents and 44% 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.
- Chadbourn town 1,347
- Cordova CDP 1,343
- Banner Elk town 1,338
- Rutherford College town 1,327
- Pinetops town 1,323
- Robersonville town 1,319
- Dortches town 1,317
Keep going
More North Carolina coverage.