Checked
Housing Affordability in Spring Lake, NC
Households that spend 30% or more of income on housing, rent and owner costs compared with income. American Community Survey 2020-2024 5-year estimates.
- Households paying 30%+ for housing
- 46.3%
- North Carolina 28.8%
- Renters paying 30%+
- 51.6%
- North Carolina 48.9%
- Homeowners paying 30%+
- 22.4%
- North Carolina 19.5%
- Owner costs with a mortgage
- $1,138/mo
- North Carolina $1,631/mo
Housing costs compared with income
- Renters paying 30% or more1,78151.6%
- Homeowners paying 30% or more17122.4%
- Renters paying 50% or more63018.2%
- Median rent as a share of income: 30.6%
- Median owner costs as a share of income, with a mortgage: 19.7%
- Median owner costs without a mortgage: $338/mo
- Median home value divided by median household income: 2.4
How it compares
Swipe the table sideways to see more columns.
| Area | Households paying 30%+ for housing | Renters 30%+ | Owners 30%+ | Median rent as % of income |
|---|---|---|---|---|
| Spring Lake, NC | 46.3% | 51.6% | 22.4% | 30.6% |
| Cumberland County | 36.9% | 51.9% | 25.4% | 31.1% |
| North Carolina | 28.8% | 48.9% | 19.5% | 29.5% |
| United States | 32.2% | 51.1% | 22.7% | 30.6% |
Frequently asked questions
- What is the housing cost burden in Spring Lake, NC?
- In Spring Lake, NC, 46.3% of households spend 30% or more of their income on housing costs.
- How does Spring Lake compare with North Carolina?
- The households paying 30%+ for housing in Spring Lake is 46.3%, compared with 28.8% for North Carolina as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates