How many renters in Hope Mills, NC pay more than 30% of their income on rent?
46.4% (±7.5 points) of renting households in Hope Mills, NC spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
37.2% spend 35% or more.
The median renting household spends 28.9% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 46.4% (±7.5 points)
- Paying 35% or more
- 37.2% (±6.6 points)
- Median share of income
- 28.9% (±2.0 points)
Rent as a share of income in Hope Mills
| Share of income spent on rent | Hope Mills | Cumberland County | North Carolina | United States |
|---|---|---|---|---|
| Less than 15% | 13.1% (±4.7 points) | 11.6% | 14.1% | 12.6% |
| 15% to 19.9% | 10.5% (±4.1 points) | 11.8% | 12.6% | 12.2% |
| 20% to 24.9% | 13.5% (±5.6 points) | 14.3% | 13.2% | 12.6% |
| 25% to 29.9% | 16.5% (±5.9 points) | 10.4% | 11.3% | 11.5% |
| 30% to 34.9% | 9.2% (±3.6 points) | 9.0% | 9.3% | 9.2% |
| 35% or more | 37.2% (±6.6 points) | 42.9% | 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.
Hope Mills against Cumberland County, its state and the nation
| Hope Mills | Cumberland County | North Carolina | United States | |
|---|---|---|---|---|
| Paying 30% or more | 46.4% (±7.5 points) | 51.9% (±1.7 points) | 48.9% (±0.6 points) | 51.1% |
| Paying 35% or more | 37.2% (±6.6 points) | 42.9% (±1.4 points) | 39.6% (±0.5 points) | 41.9% |
| Median share of income | 28.9% (±2.0 points) | 31.1% (±0.7 points) | 29.5% (±0.2 points) | 30.6% |
| Median renter household income | $43,771 (±$6,090) | $46,059 (±$1,518) | $48,010 (±$418) | $52,966 |
| Median gross rent | $1,141 (±$86) | $1,222 (±$15) | $1,228 (±$5) | $1,413 |
In Hope Mills, the share of renters paying 30% or more of income is not measurably different from Cumberland County (51.9%).
It is not measurably different from North Carolina (48.9%).
It is not measurably different from the national figure (51.1%).
In Cumberland County, Hope Mills ranks 9 of 10 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 358 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 Hope Mills
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Hope Mills | — | 46.4% (±7.5 points) | — |
| Parkton | 5.4 mi | 66.7% (±87.1 points) | Not measurably different |
| Rockfish | 6.4 mi | 53.3% (±24.9 points) | Not measurably different |
| Fayetteville | 7.9 mi | 52.5% (±1.9 points) | Not measurably different |
| Lumber Bridge | 8.4 mi | 14.3% (±93.6 points) | Not measurably different |
| Vander | 11 mi | 78.0% (±48.7 points) | Not measurably different |
| St. Pauls | 11 mi | 54.7% (±13.7 points) | Not measurably different |
| Rennert | 13 mi | 66.7% (±39.1 points) | Not measurably different |
| Eastover | 13 mi | 50.9% (±42.0 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
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 Cumberland County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 3 | Godwin | 84.7% (±81.7 points) |
| 4 | Vander | 78.0% (±48.7 points) |
| 5 | Fayetteville | 52.5% (±1.9 points) |
| 6 | Spring Lake | 51.6% (±6.9 points) |
| 7 | Eastover | 50.9% (±42.0 points) |
| 8 | Wade | 50.7% (±52.7 points) |
| 9 | Hope Mills | 46.4% (±7.5 points) |
| 10 | Stedman | 32.4% (±27.5 points) |
Showing 8 of 10 places in Cumberland 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 Hope Mills
Are renters in Hope Mills rent-burdened?
46.4% of renting households in Hope Mills 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 Hope Mills spend on rent?
The median renting household in Hope Mills, NC spends 28.9% (±2.0 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hope Mills town, North Carolina
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Hope Mills town, North Carolina
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Hope Mills town, North Carolina
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 Hope Mills town, North Carolina (place:32640, in state:37).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free 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.
Figures last updated on .
Related
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- Rent by bedrooms in Hope Mills
- Renters and owners in Hope Mills
- Income and affordability in Hope Mills
- Home values in Hope Mills
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- Property taxes in Hope Mills
- Types of homes in Hope Mills
- Bedrooms in Hope Mills
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- Commute and cars in Hope Mills
- Crime reported to police in Hope Mills
- Population growth in Hope Mills
- How long people stay in Hope Mills
- Crowding and facilities in Hope Mills
- North Carolina landlord and tenant rules
- Housing across Cumberland County
- North Carolina places ranked by rent burden
- Housing data for every place in North Carolina