What percentage of people rent in Albemarle, NC?

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

43.7% (±4.6 points) of the occupied homes in Albemarle, NC are rented (2020–2024 American Community Survey).

That is 2,960 renting households against 3,809 that own their home.

In Albemarle, the share of households that rent went from 41.4% in 2015–2019 to 43.7% in 2020–2024 (+2.3 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 43.7% (±4.6 points)
Renting households: 2,960 (±358)
Median renter income: $27,801 (±$2,744)

Who rents and who owns in Albemarle

Tenure, estimate (90% margin of error)
	Albemarle	Stanly County	North Carolina	United States
Renter-occupied share	43.7% (±4.6 points)	25.5% (±1.9 points)	33.4% (±0.2 points)	34.8%
Renting households	2,960 (±358)	6,448 (±497)	1,428,852 (±8,279)	45,017,354
Owning households	3,809 (±391)	18,792 (±517)	2,853,493 (±14,473)	84,210,142
Average renter household size	2.3 (±0.2)	2.4 (±0.1)	2.3 (±0.0)	2.3
Average owner household size	2.5 (±0.2)	2.5 (±0.1)	2.5 (±0.0)	2.6
Median renter household income	$27,801 (±$2,744)	$33,732 (±$1,988)	$48,010 (±$418)	$52,966
Median owner household income	$75,154 (±$10,133)	$74,355 (±$5,757)	$88,911 (±$521)	$100,009

In Albemarle, the renter share is higher than in Stanly County (25.5%).

It is also higher than in North Carolina (33.4%).

It is higher than the national figure (34.8%).

In Stanly County, Albemarle ranks 2 of 10 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 168 of 663.

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

How renting in Albemarle has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	41.4% (±3.7 points)	43.7% (±4.6 points)	+2.3 percentage points	Not a measurable change
Median gross rent	$682 (±$49)	$880 (±$71)	+29.0%	No measurable change after inflation
Median household income	$44,269 (±$3,999)	$46,881 (±$7,519)	+5.9%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Albemarle

Nearest places with a published estimate, compared with Albemarle
Place	Distance	Households that rent	Compared with this place
Albemarle	—	43.7% (±4.6 points)	—
Badin	5.3 mi	28.4% (±9.5 points)	Lower
New London	5.5 mi	29.5% (±15.1 points)	Not measurably different
Richfield	8.8 mi	19.2% (±11.8 points)	Lower
Norwood	9.8 mi	40.7% (±9.4 points)	Not measurably different
Misenheimer	9.8 mi	46.1% (±19.3 points)	Not measurably different
Red Cross	12 mi	24.5% (±10.4 points)	Lower
Oakboro	12 mi	19.3% (±6.3 points)	Lower
Mount Pleasant	14 mi	25.5% (±8.7 points)	Lower

Nearby places with a measurably lower figure: Badin, NC (28.4%), Richfield, NC (19.2%), Red Cross, NC (24.5%).

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

Households that rent across Stanly County, place by place

Rank	Place	Households that rent
1	Misenheimer	46.1% (±19.3 points)
2	Albemarle	43.7% (±4.6 points)
3	Norwood	40.7% (±9.4 points)
4	New London	29.5% (±15.1 points)
5	Badin	28.4% (±9.5 points)
6	Red Cross	24.5% (±10.4 points)
7	Stanfield	19.6% (±12.4 points)
8	Oakboro	19.3% (±6.3 points)

Showing 8 of 10 places in Stanly County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Albemarle

How many renters are there in Albemarle?

Albemarle has an estimated 2,960 (±358) renting households, 43.7% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Albemarle?

In Albemarle, the share of households that rent went from 41.4% in 2015–2019 to 43.7% in 2020–2024 (+2.3 percentage points), not a measurable change.

How big are renting households in Albemarle?

A renting household in Albemarle has 2.3 people on average, against 2.5 in an owned home.

How much do renters earn in Albemarle?

The median renting household in Albemarle, NC has an income of $27,801 (±$2,744) a year, against $75,154 for households that own their home.

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 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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.