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, NC (Metro)Virginia Beach-Norfolk-Newport News, VA-NC (Metro)
Extremely Low Income Households and Available Rentals
Extremely Low Income Renter Households 326,751 70,498 37,297 57,818
Affordable and Available Rental Homes 130,930 24,733 13,940 15,286
Surplus (Deficit) of Affordable and Available Rental Units
At or below EXTREMELY LOW INCOME -195,821 -45,765 -23,357 -42,532
At or below 50% AMI -185,186 -58,064 -18,385 -54,300
Affordable and Available Rental Units per 100 Households at or below Threshold
At or below Extremely Low Income 40 35 37 26
At or below 50% AMI 66 55 74 43
At or below 80% AMI 99 95 121 89
At or below 100% AMI 106 105 123 101
% of Renter Households with Cost Burden
At Extremely Low Income 85 87 90 89
Extremely Low Income to 50% AMI 71 79 77 85
51% to 80% AMI 47 54 42 62
81 to 100% AMI 19 20 12 26
% of Renter Households with Severe Cost Burden
At Extremely Low Income 71 75 71 80
ELI to 50% AMI 30 39 29 48
51% to 80% AMI 7 7 4 8
81 to 100% AMI 2 2 1 2

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].