How many renters in Albemarle, NC pay more than 30% of their income on rent?

Name: Rent burden in Albemarle, NC, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

56.9% (±10.6 points) of renting households in Albemarle, NC spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

46.7% spend 35% or more.

The median renting household spends 33.4% of its income on rent.

Figures last updated on November 12, 2026.

Paying 30% or more: 56.9% (±10.6 points)
Paying 35% or more: 46.7% (±9.5 points)
Median share of income: 33.4% (±5.6 points)

Rent as a share of income in Albemarle

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rent	Albemarle	Stanly County	North Carolina	United States
Less than 15%	15.7% (±6.9 points)	18.9%	14.1%	12.6%
15% to 19.9%	8.4% (±4.2 points)	14.8%	12.6%	12.2%
20% to 24.9%	8.7% (±4.4 points)	9.3%	13.2%	12.6%
25% to 29.9%	10.2% (±4.0 points)	8.1%	11.3%	11.5%
30% to 34.9%	10.2% (±4.7 points)	9.6%	9.3%	9.2%
35% or more	46.7% (±9.5 points)	39.3%	39.6%	41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Albemarle against Stanly County, its state and the nation

Estimate (90% margin of error)
	Albemarle	Stanly County	North Carolina	United States
Paying 30% or more	56.9% (±10.6 points)	48.9% (±5.7 points)	48.9% (±0.6 points)	51.1%
Paying 35% or more	46.7% (±9.5 points)	39.3% (±4.9 points)	39.6% (±0.5 points)	41.9%
Median share of income	33.4% (±5.6 points)	29.3% (±3.0 points)	29.5% (±0.2 points)	30.6%
Median renter household income	$27,801 (±$2,744)	$33,732 (±$1,988)	$48,010 (±$418)	$52,966
Median gross rent	$880 (±$71)	$861 (±$32)	$1,228 (±$5)	$1,413

In Albemarle, the share of renters paying 30% or more of income is not measurably different from Stanly County (48.9%).

It is not measurably different from North Carolina (48.9%).

It is not measurably different from the national figure (51.1%).

In Stanly County, Albemarle ranks 3 of 10 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 207 of 650.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Albemarle

Nearest places with a published estimate, compared with Albemarle
Place	Distance	Renters paying 30% or more of income	Compared with this place
Albemarle	—	56.9% (±10.6 points)	—
Badin	5.3 mi	42.3% (±25.0 points)	Not measurably different
New London	5.5 mi	56.4% (±65.4 points)	Not measurably different
Richfield	8.8 mi	52.8% (±44.8 points)	Not measurably different
Norwood	9.8 mi	47.3% (±21.5 points)	Not measurably different
Misenheimer	9.8 mi	43.9% (±28.6 points)	Not measurably different
Red Cross	12 mi	56.7% (±33.8 points)	Not measurably different
Oakboro	12 mi	30.9% (±22.4 points)	Lower
Mount Pleasant	14 mi	31.0% (±14.3 points)	Lower

Nearby places with a measurably lower figure: Oakboro, NC (30.9%), Mount Pleasant, NC (31.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across Stanly County, place by place

Rank	Place	Renters paying 30% or more of income
1	Stanfield	72.8% (±42.4 points)
2	Locust	69.5% (±26.7 points)
3	Albemarle	56.9% (±10.6 points)
4	Red Cross	56.7% (±33.8 points)
5	New London	56.4% (±65.4 points)
6	Richfield	52.8% (±44.8 points)
7	Norwood	47.3% (±21.5 points)
8	Misenheimer	43.9% (±28.6 points)
9	Badin	42.3% (±25.0 points)

Showing 9 of 10 places in Stanly County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Albemarle

Are renters in Albemarle rent-burdened?

56.9% of renting households in Albemarle pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Albemarle spend on rent?

The median renting household in Albemarle, NC spends 33.4% (±5.6 points) of its household income on gross rent.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Albemarle city, North Carolina (place:00680, in state:37).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.