North Carolina

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Housing Cost Burden by Income Group

Renter households spending more than 30% of their income on housing costs and utilities are cost burdened; those spending more than half of their income are severely cost burdened.

Affordable and Available Homes per 100 Renter Households

All Gap Data for North Carolina

North CarolinaCharlotte-Concord-Gastonia, NC-SC (Metro)Raleigh-Cary, NCVirginia Beach-Norfolk-Newport News, VA-NC (Metro)
Extremely Low Income Households and Available Rentals
Extremely Low Income Renter Households 343,385 72,828 48,199 57,700
Affordable and Available Rental Homes 135,548 23,433 14,174 14,389
Surplus (Deficit) of Affordable and Available Rental Units
At or below EXTREMELY LOW INCOME -207,837 -49,395 -34,025 -43,311
At or below 50% AMI -192,122 -44,000 -23,567 -57,328
Affordable and Available Rental Units per 100 Households at or below Threshold
At or below Extremely Low Income 39 32 29 25
At or below 50% AMI 65 64 70 43
At or below 80% AMI 100 101 112 93
At or below 100% AMI 106 108 112 102
% of Renter Households with Cost Burden
At Extremely Low Income 86 89 88 90
Extremely Low Income to 50% AMI 74 78 78 83
51% to 80% AMI 43 51 31 57
81 to 100% AMI 17 18 10 20
% of Renter Households with Severe Cost Burden
At Extremely Low Income 72 78 74 81
ELI to 50% AMI 32 32 26 39
51% to 80% AMI 6 7 3 7
81 to 100% AMI 1 1 1 1

AMI = Area Median Income.
Source: American Community Survey (ACS) and ACS Public Use Microdata Sample (PUMS). For more information on the estimates’ margin of error, please contact [email protected].