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Housing Affordability in Summerfield, 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
17.3%
North Carolina 28.8%
Renters paying 30%+
41.5%
North Carolina 48.9%
Homeowners paying 30%+
15.7%
North Carolina 19.5%
Owner costs with a mortgage
$2,619/mo
North Carolina $1,631/mo

Housing costs compared with income

  • Renters paying 30% or more9841.5%
  • Homeowners paying 30% or more56015.7%
  • Renters paying 50% or more9439.8%
  • Median rent as a share of income: 18.7%
  • Median owner costs as a share of income, with a mortgage: 17.0%
  • Median owner costs without a mortgage: $604/mo
  • Median home value divided by median household income: 3.3

How it compares

Swipe the table sideways to see more columns.

AreaHouseholds paying 30%+ for housingRenters 30%+Owners 30%+Median rent as % of income
Summerfield, NC17.3%41.5%15.7%18.7%
Guilford County32.0%52.0%19.5%31.0%
North Carolina28.8%48.9%19.5%29.5%
United States32.2%51.1%22.7%30.6%

Frequently asked questions

What is the housing cost burden in Summerfield, NC?
In Summerfield, NC, 17.3% of households spend 30% or more of their income on housing costs.
How does Summerfield compare with North Carolina?
The households paying 30%+ for housing in Summerfield is 17.3%, compared with 28.8% for North Carolina as a whole.

Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates