What percentage of people rent in Laurel Park, NC?
13.5% (±6.2 points) of the occupied homes in Laurel Park, NC are rented (2020–2024 American Community Survey).
That is 142 renting households against 912 that own their home.
In Laurel Park, the share of households that rent went from 14.8% in 2015–2019 to 13.5% in 2020–2024 (−1.3 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 13.5% (±6.2 points)
- Renting households
- 142 (±71)
- Median renter income
- $88,269 (±$45,983)
Who rents and who owns in Laurel Park
| Laurel Park | Henderson County | North Carolina | United States | |
|---|---|---|---|---|
| Renter-occupied share | 13.5% (±6.2 points) | 25.0% (±1.5 points) | 33.4% (±0.2 points) | 34.8% |
| Renting households | 142 (±71) | 12,756 (±817) | 1,428,852 (±8,279) | 45,017,354 |
| Owning households | 912 (±125) | 38,311 (±892) | 2,853,493 (±14,473) | 84,210,142 |
| Average renter household size | 1.7 (±0.2) | 2.3 (±0.1) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 2.3 (±0.3) | 2.3 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $88,269 (±$45,983) | $46,217 (±$4,837) | $48,010 (±$418) | $52,966 |
| Median owner household income | $96,250 (±$21,924) | $79,498 (±$3,285) | $88,911 (±$521) | $100,009 |
In Laurel Park, the renter share is lower than in Henderson County (25.0%).
It is also lower than in North Carolina (33.4%).
It is lower than the national figure (34.8%).
In Henderson County, Laurel Park ranks 14 of 16 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 556 of 663.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Laurel Park has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 14.8% (±4.5 points) | 13.5% (±6.2 points) | −1.3 percentage points | Not a measurable change |
| Median gross rent | $826 (±$59) | $1,418 (±$156) | +71.7% | Up after inflation |
| Median household income | $73,598 (±$7,911) | $90,000 (±$17,731) | +22.3% | 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 Laurel Park
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Laurel Park | — | 13.5% (±6.2 points) | — |
| Valley Hill | 1.4 mi | 20.1% (±13.5 points) | Not measurably different |
| Hendersonville | 2.8 mi | 53.9% (±4.5 points) | Higher |
| Balfour | 3.0 mi | 22.0% (±9.4 points) | Not measurably different |
| Barker Heights | 3.5 mi | 59.2% (±23.2 points) | Higher |
| Horse Shoe | 3.6 mi | 11.6% (±10.3 points) | Not measurably different |
| Mountain Home | 4.1 mi | 24.6% (±11.5 points) | Not measurably different |
| Flat Rock | 4.3 mi | 4.7% (±2.9 points) | Lower |
| Etowah | 4.8 mi | 16.0% (±5.9 points) | Not measurably different |
Nearby places with a measurably lower figure: Flat Rock, NC (4.7%).
Nearby places with a measurably higher figure: Hendersonville, NC (53.9%), Barker Heights, NC (59.2%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Henderson County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 8 | Valley Hill | 20.1% (±13.5 points) |
| 9 | Hoopers Creek | 17.3% (±14.4 points) |
| 10 | Dana | 16.2% (±9.7 points) |
| 11 | Etowah | 16.0% (±5.9 points) |
| 12 | Fletcher | 14.7% (±4.9 points) |
| 13 | Mills River | 14.4% (±4.9 points) |
| 14 | Laurel Park | 13.5% (±6.2 points) |
| 15 | Horse Shoe | 11.6% (±10.3 points) |
| 16 | Flat Rock | 4.7% (±2.9 points) |
Showing 9 of 16 places in Henderson 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.
What you can do on Seayora in Laurel Park
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Questions about Laurel Park
How many renters are there in Laurel Park?
Laurel Park has an estimated 142 (±71) renting households, 13.5% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Laurel Park?
In Laurel Park, the share of households that rent went from 14.8% in 2015–2019 to 13.5% in 2020–2024 (−1.3 percentage points), not a measurable change.
How big are renting households in Laurel Park?
A renting household in Laurel Park has 1.7 people on average, against 2.3 in an owned home.
How much do renters earn in Laurel Park?
The median renting household in Laurel Park, NC has an income of $88,269 (±$45,983) a year, against $96,250 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Laurel Park town, North Carolina
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Laurel Park town, North Carolina
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Laurel Park town, North Carolina
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Laurel Park town, North Carolina
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Laurel Park 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 Laurel Park town, North Carolina (place:37160, 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
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- Population growth in Laurel Park
- How long people stay in Laurel Park
- North Carolina landlord and tenant rules
- Housing across Henderson County
- North Carolina places ranked by share of renters
- Housing data for every place in North Carolina