What is the median rent in Granite Quarry, NC?
The median gross rent in Granite Quarry, NC is $1,099 (±$61) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 265 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Granite Quarry, the median gross rent went from $559 in 2015–2019 to $1,099 in 2020–2024 (+96.6%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median gross rent
- $1,099 (±$61)
- Rented homes
- 265 (±175)
- $2,000 or more
- 6.4%
- Since 2015–2019
- +96.6%
How much rent costs in Granite Quarry
| Monthly gross rent | Granite Quarry | Rowan County | North Carolina | United States |
|---|---|---|---|---|
| Less than $500 | 13.6% (±19.1 points) | 9.1% | 6.6% | 6.3% |
| $500 to $999 | 9.4% (±13.2 points) | 39.8% | 27.5% | 20.2% |
| $1,000 to $1,499 | 70.6% (±25.1 points) | 33.3% | 32.6% | 28.1% |
| $1,500 to $1,999 | 0.0% (±14.8 points) | 13.1% | 21.4% | 21.1% |
| $2,000 to $2,499 | 6.4% (±12.5 points) | 2.0% | 7.8% | 12.0% |
| $2,500 to $2,999 | 0.0% (±14.8 points) | 1.3% | 2.2% | 5.5% |
| $3,000 or more | 0.0% (±14.8 points) | 1.5% | 1.8% | 6.8% |
The most common range is $1,000 to $1,499, paid by 70.6% of renting households.
6.4% of rented homes in Granite Quarry cost $2,000 or more a month.
Granite Quarry against Rowan County, its state and the nation
| Granite Quarry | Rowan County | North Carolina | United States | |
|---|---|---|---|---|
| Median gross rent | $1,099 (±$61) | $1,013 (±$35) | $1,228 (±$5) | $1,413 |
| Rented homes paying rent | 265 (±175) | 15,239 (±1,061) | 1,337,899 (±8,405) | 42,849,984 |
In Granite Quarry, median gross rent is higher than in Rowan County ($1,013).
It is also lower than in North Carolina ($1,228).
It is lower than the national figure ($1,413).
In Rowan County, Granite Quarry ranks 1 of 9 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 202 of 586.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Granite Quarry has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $559 (±$292) | $1,099 (±$61) | +96.6% | Up after inflation |
| Households that rent | 34.5% (±9.6 points) | 21.0% (±12.9 points) | −13.5 percentage points | Not a measurable change |
| Rental vacancy rate | 4.9% (±7.7 points) | 16.4% (±25.0 points) | +11.5 percentage points | Not a measurable change |
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.
Median gross rent in places near Granite Quarry
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Granite Quarry | — | $1,099 (±$61) | — |
| Faith | 1.7 mi | $944 (±$353) | Not measurably different |
| Salisbury | 4.4 mi | $1,071 (±$81) | Not measurably different |
| Rockwell | 4.7 mi | $952 (±$36) | Lower |
| East Spencer | 4.8 mi | $677 (±$466) | Not measurably different |
| Spencer | 6.2 mi | $1,000 (±$200) | Not measurably different |
| China Grove | 7.6 mi | $993 (±$229) | Not measurably different |
| Misenheimer | 13 mi | $806 (±$245) | Lower |
| Tyro | 14 mi | $746 (±$94) | Lower |
Nearby places with a measurably lower figure: Rockwell, NC ($952), Misenheimer, NC ($806), Tyro, NC ($746).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Rowan County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Granite Quarry | $1,099 (±$61) |
| 2 | Enochville | $1,089 (±$232) |
| 3 | Salisbury | $1,071 (±$81) |
| 4 | Spencer | $1,000 (±$200) |
| 5 | China Grove | $993 (±$229) |
| 6 | Rockwell | $952 (±$36) |
| 7 | Faith | $944 (±$353) |
Showing 7 of 9 places in Rowan 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 Granite Quarry
What is the average rent in Granite Quarry, NC?
The Census Bureau publishes the median rather than the average: the median gross rent in Granite Quarry is $1,099 (±$61) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Granite Quarry?
In Granite Quarry, the median gross rent went from $559 in 2015–2019 to $1,099 in 2020–2024 (+96.6%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
How many rentals in Granite Quarry cost more than $2,000 a month?
6.4% of rented homes in Granite Quarry have a gross rent of $2,000 or more a month, and 13.6% cost less than $500.
Is rent in Granite Quarry higher than in Rowan County?
In Granite Quarry, median gross rent is higher than in Rowan County ($1,013).
It is also lower than in North Carolina ($1,228).
It is lower than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Granite Quarry town, North Carolina
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Granite Quarry town, North Carolina
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Granite Quarry 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) for Granite Quarry town, North Carolina (place:27440, in state:37).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
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
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- Income and affordability in Granite Quarry
- Home values in Granite Quarry
- Homeowner costs in Granite Quarry
- Property taxes in Granite Quarry
- Types of homes in Granite Quarry
- Bedrooms in Granite Quarry
- Age of homes in Granite Quarry
- Heating fuel in Granite Quarry
- Commute and cars in Granite Quarry
- Crime reported to police in Granite Quarry
- Population growth in Granite Quarry
- How long people stay in Granite Quarry
- North Carolina landlord and tenant rules
- Housing across Rowan County
- North Carolina places ranked by median rent
- Housing data for every place in North Carolina