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Housing Affordability in Wade, 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
- 28.3%
- North Carolina 28.8%
- Renters paying 30%+
- 50.7%
- North Carolina 48.9%
- Homeowners paying 30%+
- 18.9%
- North Carolina 19.5%
- Owner costs with a mortgage
- $1,736/mo
- North Carolina $1,631/mo
Wade has fewer than 10,000 residents, so these survey estimates have wide margins of error. Compare with care.
Housing costs compared with income
- Renters paying 30% or more3450.7%
- Homeowners paying 30% or more3018.9%
- Renters paying 50% or more3044.8%
- Median rent as a share of income: 35.8%
- Median owner costs as a share of income, with a mortgage: 21.1%
- Median owner costs without a mortgage: $548/mo
- Median home value divided by median household income: 3.0
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 |
|---|---|---|---|---|
| Wade, NC | 28.3% | 50.7% | 18.9% | 35.8% |
| 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 Wade, NC?
- In Wade, NC, 28.3% of households spend 30% or more of their income on housing costs.
- How does Wade compare with North Carolina?
- The households paying 30%+ for housing in Wade is 28.3%, compared with 28.8% for North Carolina as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates