North Carolina
Ranked #24 of 51 for housing affordability
55Moderate
Median Home Price
🏠$340K
5.7x income
Median Rent
🔑$1K
31.5% rent-burdened
Median Income
💰$59K
Population: 10,698,973
Homeownership
🏡65.5%
9,280 experiencing homelessness
Housing Shortage
📉160,000
units needed
Building Permits (2024)
🔨72,000
Price-to-Income
📊5.7x
Severe Rent Burden
⚠️15.0%
paying >50% of income
Rent Burden Breakdown
vs. National Average
Metros in North Carolina
| Metro | Score | Home Price | Rent | Income | Rent Burden |
|---|---|---|---|---|---|
| Charlotte | 45 | $380K | $2K | $68K | 32.0% |
| Raleigh | 45 | $420K | $2K | $79K | 30.0% |
| Greensboro | 60 | $255K | $1K | $54K | 32.0% |
| Durham-Chapel Hill | 48 | $380K | $1K | $68K | 31.0% |
Housing Policies
low-income housing tax creditsNC Housing Trust Fundworkforce housing programs