What percentage of people rent in Cooleemee, NC?
25.1% (±8.7 points) of the occupied homes in Cooleemee, NC are rented (2020–2024 American Community Survey).
That is 102 renting households against 304 that own their home.
In Cooleemee, the share of households that rent went from 42.2% in 2015–2019 to 25.1% in 2020–2024 (−17.1 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 25.1% (±8.7 points)
- Renting households
- 102 (±40)
- Median renter income
- $40,455 (±$7,620)
Who rents and who owns in Cooleemee
| Cooleemee | Davie County | North Carolina | United States | |
|---|---|---|---|---|
| Renter-occupied share | 25.1% (±8.7 points) | 17.8% (±1.9 points) | 33.4% (±0.2 points) | 34.8% |
| Renting households | 102 (±40) | 3,066 (±337) | 1,428,852 (±8,279) | 45,017,354 |
| Owning households | 304 (±87) | 14,204 (±425) | 2,853,493 (±14,473) | 84,210,142 |
| Average renter household size | 2.7 (±0.8) | 2.4 (±0.2) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 2.4 (±0.4) | 2.6 (±0.1) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $40,455 (±$7,620) | $42,121 (±$5,416) | $48,010 (±$418) | $52,966 |
| Median owner household income | $49,886 (±$26,455) | $83,381 (±$9,355) | $88,911 (±$521) | $100,009 |
In Cooleemee, the renter share is not measurably different from Davie County (17.8%).
It is not measurably different from North Carolina (33.4%).
It is lower than the national figure (34.8%).
In Davie County, Cooleemee ranks 2 of 4 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 400 of 663.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Cooleemee has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 42.2% (±10.9 points) | 25.1% (±8.7 points) | −17.1 percentage points | Measurable decrease |
| Median gross rent | $972 (±$140) | $968 (±$134) | −0.4% | Down after inflation |
| Median household income | $49,375 (±$22,617) | $46,750 (±$8,114) | −5.3% | 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 Cooleemee
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Cooleemee | — | 25.1% (±8.7 points) | — |
| Mocksville | 6.1 mi | 38.1% (±6.0 points) | Higher |
| Cleveland | 8.8 mi | 21.0% (±10.7 points) | Not measurably different |
| Tyro | 10 mi | 19.9% (±7.1 points) | Not measurably different |
| Salisbury | 11 mi | 48.2% (±3.7 points) | Higher |
| Spencer | 11 mi | 27.3% (±9.8 points) | Not measurably different |
| East Spencer | 12 mi | 47.1% (±15.1 points) | Higher |
| Advance | 13 mi | 19.9% (±10.9 points) | Not measurably different |
| Granite Quarry | 15 mi | 21.0% (±12.9 points) | Not measurably different |
Nearby places with a measurably higher figure: Mocksville, NC (38.1%), Salisbury, NC (48.2%), East Spencer, NC (47.1%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Davie County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Mocksville | 38.1% (±6.0 points) |
| 2 | Cooleemee | 25.1% (±8.7 points) |
| 3 | Advance | 19.9% (±10.9 points) |
| 4 | Bermuda Run | 16.9% (±7.3 points) |
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 Cooleemee
How many renters are there in Cooleemee?
Cooleemee has an estimated 102 (±40) renting households, 25.1% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Cooleemee?
In Cooleemee, the share of households that rent went from 42.2% in 2015–2019 to 25.1% in 2020–2024 (−17.1 percentage points), a measurable decrease.
How big are renting households in Cooleemee?
A renting household in Cooleemee has 2.7 people on average, against 2.4 in an owned home.
How much do renters earn in Cooleemee?
The median renting household in Cooleemee, NC has an income of $40,455 (±$7,620) a year, against $49,886 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cooleemee town, North Carolina
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Cooleemee town, North Carolina
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Cooleemee town, North Carolina
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Cooleemee town, North Carolina
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Cooleemee town, North Carolina
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Cooleemee town, North Carolina (place:14460, 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.
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.
Figures last updated on .
Related
- Housing in Cooleemee at a glance
- Income and affordability in Cooleemee
- Home values in Cooleemee
- Homeowner costs in Cooleemee
- Property taxes in Cooleemee
- Types of homes in Cooleemee
- Bedrooms in Cooleemee
- Age of homes in Cooleemee
- Heating fuel in Cooleemee
- Commute and cars in Cooleemee
- Fair Market Rent in Cooleemee
- North Carolina landlord and tenant rules
- Housing across Davie County
- North Carolina places ranked by share of renters
- Housing data for every place in North Carolina