What percentage of people rent in Magnolia, NC?
35.6% (±14.7 points) of the occupied homes in Magnolia, NC are rented (2020–2024 American Community Survey).
That is 132 renting households against 239 that own their home.
In Magnolia, the share of households that rent went from 58.0% in 2015–2019 to 35.6% in 2020–2024 (−22.4 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 35.6% (±14.7 points)
- Renting households
- 132 (±81)
Who rents and who owns in Magnolia
| Magnolia | Duplin County | North Carolina | United States | |
|---|---|---|---|---|
| Renter-occupied share | 35.6% (±14.7 points) | 29.7% (±2.3 points) | 33.4% (±0.2 points) | 34.8% |
| Renting households | 132 (±81) | 6,166 (±524) | 1,428,852 (±8,279) | 45,017,354 |
| Owning households | 239 (±78) | 14,621 (±497) | 2,853,493 (±14,473) | 84,210,142 |
| Average renter household size | 3.1 (±0.8) | 2.3 (±0.1) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±0.5) | 2.4 (±0.1) | 2.5 (±0.0) | 2.6 |
| Median renter household income | — | $38,804 (±$3,081) | $48,010 (±$418) | $52,966 |
| Median owner household income | $69,028 (±$45,319) | $65,771 (±$2,573) | $88,911 (±$521) | $100,009 |
In Magnolia, the renter share is not measurably different from Duplin County (29.7%).
It is not measurably different from North Carolina (33.4%).
It is not measurably different from the national figure (34.8%).
In Duplin County, Magnolia ranks 7 of 10 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 270 of 663.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Magnolia has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 58.0% (±13.0 points) | 35.6% (±14.7 points) | −22.4 percentage points | Measurable decrease |
| Median gross rent | $658 (±$70) | $516 (±$219) | −21.6% | Down after inflation |
| Median household income | $36,750 (±$10,910) | $39,406 (±$19,379) | +7.2% | 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 Magnolia
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Magnolia | — | 35.6% (±14.7 points) | — |
| Rose Hill | 5.1 mi | 43.4% (±11.1 points) | Not measurably different |
| Kenansville | 6.6 mi | 40.9% (±11.6 points) | Not measurably different |
| Warsaw | 7.5 mi | 56.1% (±9.1 points) | Higher |
| Greenevers | 8.7 mi | 23.9% (±18.0 points) | Not measurably different |
| Teachey | 9.1 mi | 30.6% (±12.9 points) | Not measurably different |
| Turkey | 10 mi | 18.6% (±19.8 points) | Not measurably different |
| Wallace | 12 mi | 42.5% (±10.8 points) | Not measurably different |
| Harrells | 14 mi | 18.2% (±16.8 points) | Not measurably different |
Nearby places with a measurably higher figure: Warsaw, NC (56.1%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Duplin County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Warsaw | 56.1% (±9.1 points) |
| 2 | Beulaville | 44.7% (±14.5 points) |
| 3 | Rose Hill | 43.4% (±11.1 points) |
| 4 | Calypso | 42.9% (±23.2 points) |
| 5 | Wallace | 42.5% (±10.8 points) |
| 6 | Kenansville | 40.9% (±11.6 points) |
| 7 | Magnolia | 35.6% (±14.7 points) |
| 8 | Faison | 31.7% (±11.0 points) |
| 9 | Teachey | 30.6% (±12.9 points) |
| 10 | Greenevers | 23.9% (±18.0 points) |
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 Magnolia
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Magnolia, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Magnolia beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Magnolia, and send estimates and invoices from your phone.
Questions about Magnolia
How many renters are there in Magnolia?
Magnolia has an estimated 132 (±81) renting households, 35.6% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Magnolia?
In Magnolia, the share of households that rent went from 58.0% in 2015–2019 to 35.6% in 2020–2024 (−22.4 percentage points), a measurable decrease.
How big are renting households in Magnolia?
A renting household in Magnolia has 3.1 people on average, against 2.6 in an owned home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Magnolia town, North Carolina
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Magnolia town, North Carolina
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Magnolia town, North Carolina
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Magnolia town, North Carolina
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Magnolia 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 Magnolia town, North Carolina (place:40640, 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 Magnolia at a glance
- Median rent in Magnolia
- Income and affordability in Magnolia
- Homeowner costs in Magnolia
- Property taxes in Magnolia
- Types of homes in Magnolia
- Bedrooms in Magnolia
- Age of homes in Magnolia
- Heating fuel in Magnolia
- Commute and cars in Magnolia
- Population growth in Magnolia
- North Carolina landlord and tenant rules
- Housing across Duplin County
- North Carolina places ranked by share of renters
- Housing data for every place in North Carolina