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North Carolina · Census place 71240

Washington Park town, NC

Quick answer

Washington Park town has 470 residents, ranking #599 of 777 places in North Carolina. Median household income is $86,875, the median home is worth $300,900 and median gross rent runs $1,000 a month.

Population
470Washington Park town residents
Median household income
$86,875Past 12 months, inflation adjusted
Median home value
$300,900Owner-occupied units
Median gross rent
$1,000Rent plus utilities, monthly
Median age
54.5 yrsAll residents
Homeownership rate
92.3%Owner-occupied households

What the numbers mean in Washington Park town

Housing cost measured against local earnings.

A household earning the Washington Park town median would spend about 13.8% 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 10.2% of residents and 92.3% 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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